lol
However, in the history of modern corporate America going back a century, how many times has an upstart dominated a multi-decade established industry?
Give up?
Exactly once: Amazon disrupted publishing.
So TSLA could very well dominate the car industry in 5 years, but history is has much better odds. If you disagree, please provide some examples, I'd like to learn.
EDIT: WalMart has higher e-commerce revenues than Amazon according to this by almost 30%:
https://www.nasdaq.com/articles/amazon-vs.-walmart%3A-which-...
But again, help me out with some facts if I'm so wrong.
What? Here's a quote from the same article:
> Our global eCommerce sales are on track to reach $75 billion by the end of the year.
This has to be the annual sales figure right? Amazon surpassed this number several years ago.
That doesn't make sense. Without checking the link I'm sure you're looking at total commerce revenue, not only e-commerce.
1. Elon Musk
2. TSLA apes (people who use the term "Daddy Musk" on /r/wallstreebets)
3. CNBC, MSNBC, and other financial media outlets
Do we see more public, established investment firms parroting this? Not AFAIK.
I was investing during the Dot-Com boom. Same thing was happening. Some will try to argue that the dot-com boom was based on vaporware and Tesla makes cars. Well, to that I say, every company was overhyped during that boom, from IBM to Lucent to Intel to Pets.com. Just because TSLA sales are strong doesn't mean the stock isn't overhyped even looking ahead 5-10 years.