I don’t know enough to have my own solid thoughts on this, but people I trust and know more than me have all said that Tesla is wildly over valued compared with any other auto makers and considering their P to E. Considering that, I’ve been thinking that once the Musk distortion field goes away, the price may just drop down to where it “should be” by normal standards.
My heart agrees with what you’ve said, implying that musk is actually holding back the price at this point, but my brain says that might not actually be true.
I read it exactly the same way. Now that I’m here in the comments, I’m as confused about why I read it that way as the person above you.