The global chip shortage reminded the companies that they need to have their own custom chip as it gives them more control over the integration of software and hardware while differentiating them from their competition. Even Apple is affected by TSMC’s announcement of slotting Intel’s orders into the 2022 queue.
Cathie Wood is just playing with the system todepress after she sells, so that he next buy is low while playing up that optimism for those that she is already holding.
I do agree that TESLA is valued at a “hope”, apossibility of the company superseding the Volkswagen group. Whether TSLA can hit this potential or not, remains to be seen.