Nice read and I COMPLETELY agree with the author's point. Unfortunately we see this repeated multiple times in the history or corporate businesses. Nokia and Motorola laughed at the iPhone. Kodak laughed at digital photography.
Other big car manufacturers are rushing to bring electric cars to market. Tesla is building out infrastructure and developing an energy solution aside from just making great cars. No doubt Tesla will be successful.
Tesla short sellers are in for a lot more pain in the future. We're going to see a lot more of this as the short sellers try to get revenge: