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Comment by christoKoiFaire | Hacker News Reader

It makes me think a litte bit of automobile companies where Tesla's market cap is somehow bigger than Mercedes, Stellantis (Fiat, Dodge, Citroën, Alfa Romeo, Jeep, Opel, Peugeot, Ram, Maserati, Chrysler etc.), Porsche-Volkswagen (Audi, Bugatti, Lamborghini, Saab, Bentley, Porsche, VW, Škoda, Seat, Ducati, and a bunch of truck companies), BMW (Mini, Rolls-Royce), BYD, Honda and Ford ...combined.

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At its peek price it was worth more than the whole us auto industry while making a touch under 500k cars and the dashes were falling off compared to the 6.5 million in ford, GM, dodge, us Toyota . . .

Made no sense.

And, as they've shown. Making a car is easy, manufacturing a car at scale is hard and their competition knows how to do the hard part. And, at this point, US auto makers have shown they can build electric cars so Tesla is still over valued.

> Making a car is easy, manufacturing a car at scale

it looks like tesla manufactured cars just fine, there is no shortage of teslas on market. Demand on EV didn't pick up.

Can US auto makers (or even non-Tesla automakers generally) manufacture EVs at sufficient scale? Tesla seems to be far ahead of their competition:

https://caredge.com/guides/electric-vehicle-market-share-and...

BYD and Xiaomi in China seem to be catching up to Tesla far quicker than the US/European auto makers are.

Yeah, Tesla is long overdue a massive crash.

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