The automotive industry has historically been the most important in both the United States economy and even the world's. It employed millions upon millions, in high-wage jobs. Some large fraction of marketing was for the automotive industry. Even today, having a new luxury car is a status symbol (all the more so if the youngest generations are basically cut out of that). If Tesla can plausibly promise to keep that going forward in an era where no one tolerates burning fossil fuels, then how could it be anything other than a good investment? Of course the "how could it not" could easily crumble (and has already started doing just that).
The automotive industry has historically been the most important in both the United States economy and even the world's. It employed millions upon millions, in high-wage jobs. Some large fraction of marketing was for the automotive industry. Even today, having a new luxury car is a status symbol (all the more so if the youngest generations are basically cut out of that). If Tesla can plausibly promise to keep that going forward in an era where no one tolerates burning fossil fuels, then how could it be anything other than a good investment? Of course the "how could it not" could easily crumble (and has already started doing just that).