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Not the biggest difference in stock price. The biggest difference in being able to bring product to market. Tesla's stock price reflects the crazy irrationality of tech stocks; they can be understood much more in terms of Facebook than the GM, GE or Exxon. They will learn some lessons once they earnestly try to break into China. It's a place where IP isn't really thought of with any sanctity. Right now, GM can only operate on scale, whereas Tesla builds on spec, I'm sure.