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Re:Bitcoin surpasses $50K as major companies jump into crypto by bitexploder on Tuesday February 16, 2021 @11:14PM (#26162606)
I don’t view it as faith at all. I view Tesla as a software and technology company that incidentally makes cars. At least, this perspective can start to explain their valuation and the hype. I think Tesla is doing things no else is (was) doing and they have a massive first mover advantage and mind share. The other manufacturers are struggling to keep up, despite the persistent quality issues with Tesla. Tesla is giving people a product they want as early as possible. It comes with some warts, but Tesla figured out early on what people will accept and what people won’t in terms of quality.

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