After seeing the title I was gonna post a response like yours, but after reading the article, its actually an informative and interesting piece.
Except nothing that he said about Tesla is true today. I had to look back at the date to make sure this was really written this week and not 5 years ago. He may have a good point that there is a lot of hype out there, but Tesla is not all hype.
Tesla is profitable and cash flow positive while investing in new factories and technologies, and their profit margins are higher than any other carmaker. They're not raising capital like the article claims, they're actually paying down debt.