It's hard to see that completely overturned to the point of bankruptcy by the dinosaurs running the traditional car companies.
Here we are into pure speculation... but if you'll indulge me... it's true that Tesla has executed very well, but the fact is that they only produce two models, and the most popular model only sells 7000 units per quarter. Scaling up to the size of even a niche player like BMW means ramping up production about 70x. My analysis could be flawed or naive, but it seems to me that a company like BMW should find it much simpler to squish an electric motor into their product while retaining quality than Tesla will find it to ramp production by such an amount while retaining quality. I wish them luck, because frankly I like Tesla - but I don't think they will be successful in the long term. Lexus (Toyota!), BMW, and Mercedes will eat their lunch when electric demand improves.