...sure, EV and FSD would eventually become the new norm, as did the Internet.
...but did Cisco, the poster child for the internet age, went from strength to strength after the internet achieved mass penetration? No, it never revisited its all time high after the dot.com mania crashed.
...Tesla, like Cisco, front-ended its potential, its valuation must now revert to the mean to reflect a discount to prior lofty expectations.
...BUT if Tesla changes its business model from being just an EV car producer and seller, then Tesla's potential could be re-rated.
