>If you were to run almost any kind of reasonable attempt at analyzing and valuing Tesla based on what it should maybe be worth via comparables, you'd get a figure dramatically lower than it is today. Do you compare it to a solar company? To Fiat? To GM and Ford? To Porsche? Doesn't matter, every example gets a Tesla worth far less than it is today. Public shareholders disagree however, they think it has a very bright future.

If Tesla succeeds in finishing the Gigafactory on a reasonable timeframe and delivering a large number of Model 3 cars by the end of this decade, why would it be worth "far less than it is today"?