And that is why the old guard is freaking out:

 

Tesla Model 3 vs. BMW 330i vs. Genesis G70 Comparison: Who Builds the Best Compact Luxury Sedan?

https://apple.news/AgoTJKzHFR4aj2HGmq0EcXA

in 10 years Tesla has managed to build a car that’s on top of very reputable magazines comparaisons and has won many “car of the year” and such including the highest score for any car ever from Consumer Reports. 10 years, not a lot of cash considering they started from scratch, a crazy CEO, a huge personnel turnover.

Just think about it, if 10 years ago someone told you this would happen, you would never have believed it. Yet here we are. But here is the scary part: give Tesla 5-10 more years and a confortable capital cushion (simply by being cash flow positive for example) and just the potential is phenomenal.