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.