Meanwhile Elon says September will be the craziest month for deliveries in Tesla history.
If by some chance Tesla actually hits 900k+ deliveries this year, I'm going to start to really question how much factory shutdowns are from actual chip shortage and how much is because legacy auto doesn't have enough demand, which would absolutely crush their valuations. VW, Ford, GM, etc...have all had significant rallies so far in 2021.
A lot of pressure on them with their valuations being higher than they've been in many year. We'll find out by mid 2022 if "chip shortage" was just a mask for "We don't have enough demand"