They're not just a car company (seriously, that's what investors are betting).
Also, as a car company they are well positioned to take a lot of the market when evs take over and are only worth half of the market leader but executing better on evs.
If you believe we're shifting to evs, battery storage and integrated solar roofs, and automated transport, they could easily grow as large as Apple or Amazon say in the next decade (10x from current price).
Now that's a risky bet but it's certainly possible.
Also, as a car company they are well positioned to take a lot of the market when evs take over and are only worth half of the market leader but executing better on evs.
If you believe we're shifting to evs, battery storage and integrated solar roofs, and automated transport, they could easily grow as large as Apple or Amazon say in the next decade (10x from current price).
Now that's a risky bet but it's certainly possible.