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Latter. Tesla is being compared analogously to companies in the industries it tackled from first principles. The interesting question is: could Tesla set off another wave of innovation and investment like the railroad?
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both and more, the market or the big investor who used to say 'NO' finally kind of wake up to reality. Also the retailer investor who has been on the fence just watching. i persuaded my brother 1 month ago to buy. Now it is time to get my tipping fee :) from him. FOMO plays too
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Getting the Chinese plant up and running within a year must put other auto companies in deep trouble. Ten years ahead in tech they don't have yet plus improving the game they have always played till date.