The biggest $TSLA myth: ICE-branded EVs launching over the next 18-24 mos will cause $TSLA to lose EV share.

ICE brands have been launching EVs for 3 years now. They haven’t sold well because:
1/ Lower range
2/ Less power (0-60)
3/ Limited FSD
4/ Higher cost
5/ ICE-brand taint
2/ Meanwhile, $TSLA TAM expansion has lead to TSLA gaining not losing EV market share. In the US, TSLA TAM expanded from 25% to 66% with M-Y launch. M-Y going global in 2021 will lead to further TAM expansion. The CyTruck launch will cause TSLA US TAM to expand from 66% to 84%.
3/ The best $TSLA analogy? Apple iPhone, which created the smartphone category when it launched in 2007. In response to iPhone’s success, legacy players Nokia, Blackberry, Motorola all launched their own smartphones. All were inferior to iPhone and they never got off the ground.
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