I am no Elon fan, but I am a Tesla fan (respect for execution, ambition, and results). By the end of this year, Tesla's Giga 3 Shanghai factory will reach a run rate where that single factory builds 50% of what Mercedes sells annually. If Mercedes had not divested its Tesla investment in 2014, that investment would've been worth more than all of Mercedes more recently. Cadillac has a potential $300k flagship EV (the Celestiq). No one wants a $300k Cadillac EV in volume.

I don't have tremendous faith in the execution nor insight of legacy automakers. I want to believe, as every EV sold is a win, but it ain't looking great and Tesla isn't slowing down.

EDIT: Thanks V__, I misremembered this Reddit thread: https://www.reddit.com/r/teslamotors/comments/vk11qi/tesla_p... (referring to https://electrek.co/2022/06/24/tesla-prepares-upgrade-gigafa... which sources from Bloomberg: https://www.bloomberg.com/news/articles/2022-06-23/tesla-sai...) I have corrected my above statement. Facts matter!

EDIT: @gamblor956 I have heard Tesla is going to die since 2009. The broken record is getting old. Scaling is hard, but they have not failed yet. Obsession enables success.