I have trouble calling it Apple of anything tbh.
Apple had a brand even before IPhone came and made the future growth/transformation. Apple was known as Premium brand.
Tsla on other hand doesn’t have any history let alone quality products behind its name.
While I can see glimpse for optimism, I cannot see Tsla car monopoly, while they have advantage near term, I believe most of legacy ICE producers are shifting billions into EV R&D.
From what I see their current backlog demand is not even considerably greater then current production levels, so I am puzzles how does one expect to sell 1-2 million cars per year, if they don’t have backlogs that even dwarf current production…
Anyway, I see potential for good investment, but at much lower valuations. I am not apple fan nor tsla fan as brand. But I respect apple as company, tsla still has to earn this respect.