>> That super niche boat is in a fleet of boats that are killing off old businesses that are lagging behind. Sure BMW may be doing great today, but how long until they’re a Borders.
But is it killing businesses? At least from my European perspective I don't see VW, BMW, Daimler losing business to Tesla really, they seem to be doing fine (the only problems they are dealing with are of their own making like the emission scandal). In Asia I also don't see automakers like Toyota losing to Tesla at all. The moment Hong Kong stopped electric car subsidies the number of sold Teslas dropped to 0.
Maybe your American perspective is different? Do you think US car companies like GM, Ford etc are losing badly to Tesla? Is Tesla so popular? I thought owning Tesla was something akin to owning Porsche of Ferrari, it is a status symbol for very small minority of wealthy people. But I don't see Tesla becoming mainstream car for middle classes any time soon.