That report is a bunch of horseshit. Lot of words without any substance. He even cherry-picked some data to "prove" that Tesla's sales are declining. Everyone can see the actual progress that Tesla and SpaceX has made. Their cars are winning awards and they're innovating and building new factories as fast as they can. Who cares if they miss a couple of estimates. SpaceX can deliver payload to orbit with much lower cost than competitors.

True though that those companies survived for too long.