Their charging network and carbon credits revenue were probably the more valuable parts of the company. Tesla's current promise and foundation for that valuation is that they'll deliver fully autonomous driving.

But Musk has enough avenues to spin things left and right and bury any losses in the process his DOGE assault helped a lot bury some things already) so he'll do that. He's a showman and he'll manage to steal the show for as long as it takes.