Tesla stock takes a hit; Musk loses $102 billion in two months

[tonkatoy8888]

19. I never really understood this

Granted, I know nothing about finance or the automobile industry, but I always had a hard time wrapping my head around how Tesla, a low production manufacturer with a product beset by myriad safety and reliability issues was seen by "experts" as being more valuable that all of the other car companies combined.

I have read that it was all about the battery, but I thought, yeah Tesla was ahead of the game in that respect, but wait until the other big auto companies turn their attention to electric vehicles and that advantage will disappear pretty quickly.