Of course it is not a tech fraud, they are increasing the number of cars sold all the time, and they have really high margins. They have been beating earnings comfortably, and the future looks very bright for them.
In autonomous driving they are lagging behind Waymo (Alphabet) and Cruise (backed by Honda and GM), but with Argo AI gone, they are probably in the third place. I am very skeptical that they are gonna win the autonomous driving (if anyone will), but they don’t need to win that race for them to increase as a company.
Elon going increasingly more and more nuts in the other hand…