Commentary It appears to be “game on” in the EV world. For over a decade, Tesla (TSLA) has dominated the public consciousness when it comes to electric vehicles (EVs). Other car manufacturers had tinkered with hybrids, but it was only Tesla that focused solely on creating a line of all-electric vehicles. Minor players like Fisker and Rivian have entered the market, but no one can really touch the 800-pound gorilla that Tesla has become. And through all of the company’s ups and downs—no matter what you think of its CEO—Elon Musk has stubbornly dragged the automotive world, quite possibly kicking and screaming, toward the EV market. When ARK Invest’s Cathie Wood tapped Tesla to be one of the innovation leaders in her ARKK fund several years back, it was nothing but upside for the car manufacturer. (Yes, the valuations that come with a share of TSLA stock are still pretty …
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