What TSLA lacks in cashflow, they more than make-up in TAM. Make-up as in create out of thin air. We'll have self driving cars in a few months, robots, semi-trucks, etc., etc.
Always a few months away. The nuclear fusion of products portfolios.
Don't forget that no auto manufacturer in the world, and certainly not in China, is poised to capture any of that TAM.
Maybe they'll buy a failing AI company and update their grift portfolio.
Elon is missing the bigger TAM here. Once they've created a time machine, they can not only sell all these things backwards and forwards in time, they can also start making industrialization come way earlier, which will lead to exponentially turbo charged growth. Plus importing future designs into the now.
It makes sense to focus all effort into building a time machine.