Tesla is an industrial conglomerate that will power the 21st century. At the moment they are a small, luxury car maker, but much like Apple was a small, luxury computer maker, Tesla's ambitions are great and their stock price is a function of how much the market believes that they will be able to achieve that.<p>The parts of this conglomerate are:<p>* The vehicle manufacturing. This one is obvious - they have a big lead on other automakers in producing EVs and this lead is not closing. They will keep expanding their portfolio of models and markets until they're near the top.<p>* The mobility service. This will grow out of their Autopilot efforts and take on Uber et all. This will be much wider though, as it will include public transit services with the Boring Co, private cars, and even taking on rail with fleets of Semis.<p>* The electricity utility business. This one is simple as well - there's a ton of cheap solar and wind power. Pairing it with batteries and Tesla's management software means they'll be providing the infrastructure utilities use. They likely won't become a utility themselves, as that requires local certifications etc.<p>* The homes business. Your home needs a battery, a roof that makes power and a geothermal HVAC system. Tesla wants to sell them to you all tied up with great software.<p>* Planes. Electric flight needs the best batteries and electric motors, Tesla would be pretty crazy not to pursue this. No, they're not going to take on Boeing or Airbus, but small, regional commuter planes (range of several hundred km) are within reach in 10 years.<p>Anyway, it's pretty simple. If you believe the above, go long. If you think it's BS, go short. If you think this is a bit too out-there/WTF, then just sit back and enjoy the show.