It bears repeating: Tesla/Musk really and truly aren't doing anything new and amazing. Do you know how long ago electric cars (battery division) came to be? The 1880s at the latest. What they didn't have then, that we have now, is the Li-ion cell. And, just to remind: Musk didn't invent any part of such. Nor did he create Tesla; he bought it, just like X. May haps both will expire.
The problem is, as Musk is finding out, that there exists no moat (to use MBA-speak) for him to exploit. Any large scale manufacturer of autos can switch to Li-ion propulsion without much trouble. And they are. All Musk did was create a meme. Kind of like the Orange Jesus. The Big Auto Industry should send him a candy-gram on his birthday for the next hundred years.
It's likely too much to say that Tesla is imploding as we watch. But the bloom is surely off the rose.
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