by your logic Ford and GM also should be worth much more than Tesla. hell Ford sold like 900k F150 last year
tesla sells everythin they make. if tesla had 15 more factories to sell 5 mil+ cars than im sure they can sell all of them. but when tesla focuses on sellin xxxxxxxx number of cars than they lose the innovation/brand edge.
Teslas production will continue to grow 20-50% every year. just look at the sales # in pandemic. compare that to toyotas.
and Tesla is no longer a car company. put that in your head. Tesla's battery tech alone is worth more than every american car company combined.