Tesla critics and short-sellers have offered dire warnings about impending electric-car competition coming for the automaker.
But globally, EV sales amount to only about 1% of sales — there's no meaningful basis for competition at that level.
That doesn't mean that EVs are a bad bet — over time, the market for them should grow and at some distant future point, become very competitive, and Tesla could be a leader.
Electric cars have been a topic of frenzied discussion for almost a decade....
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