1. Tesla's valuation is underpinned by its potential in AI, robotics, and energy rather than traditional metrics; 2. The robotaxi and autonomous vehicle market could drive Tesla's valuation to $900B due to vertical integration and cost advantages; 3. Optimus robotics and other moonshot projects may add $300B+ in value, with further upside from energy, insurance, and software, despite risks like execution delays and EV competition.