tesla is worth $600 billion.

please show me a chinese ev company with a similar valuation today.

as i mentioned above, i expect someone to compete with tesla over time, whereas i don’t expect the same for bitcoin. but today, tesla is in a league of their own. 

you could make a good case that tesla’s dominance in the EV market today is even greater than Bitcoin’s dominance of the crypto market.

charts_and_numbers

The EU's two largest trading partners, going in different directions on EVs

tomlaies

Your comment indicates that you haven't been keeping up with the Chinese EV market.

I'm a very big admirer of what Tesla had done in leading the way with the development of EVs but the Chinese are moving quickly to catch up. And they already *own* the EV battery market and are leading the way in new battery technologies and the refinement of existing ones.

So no, Tesla won't be the EV Bitcoin. There is some network effect from their extensive charger network but auto-manufacturing can not have only one winner, as 'crypto' is destined to have.