I've come to immediately dismiss anyone that talks about valuation, they aren't investors, they're just trying to arbitrage time decay. Value-trapped mid-curves that are content to dividend harvest and under-perform the S&P/inflation.

The future has nothing to do with today's valuation. Tesla is a particularly interesting case given the asymmetry of their pipeline.

Its been ~5 years since I worked on one of the first megapack-grid integrations, felt like a hackathon project then but I saw the light... and now its already starting to scale, no one is going to care about Model 3 sales very soon.