It was revealed today that the Tesla Model Y took the place of Toyota Corolla as the number one selling vehicle world wide. Tesla is the one doing the over taking.
Model Y was the best-selling car in the world last quarter. Even if they end up with "only" 20% market share (see Apple's iPhone), their ruthless dedication to operating leverage ensures that they are making more money per car than all their other competitors combined.
"Competition" has been "coming" for 10 years now. Tesla also want others to succeed. It's why they open-sourced all of their patents.
Tesla already owns all the "gas stations," people just don't realize it yet.
Is there much investment required to set up a charging station? There is a requirement of be HV capacity sure, but it would seem some transformers and power electronics is not as expensive as burying fuel tanks underground.
Sounds like the perfect legacy for Elon Musk to have once he goes for broke and his other ventures are forgotten. The Supercharger guy.