One of the most respected Apple analysts, Gene Munster, now covers Tesla.
In a fascinating Bloomberg* report, Munster explained, "In this race to disrupt the world with both electric cars and autonomy as well as space, you don't really work for Tesla or SpaceX. You just work for Elon Musk. You have the most wicked-smart people who can feed off of each other all working for Elon, and he can call on them to help crack various problems."
Another Wall Street analyst with Robert W. Baird, Ben Kallo, explains: "SpaceX can contribute to what Tesla is doing. There's a lot of crossover, and it gives Tesla a complete advantage over other automakers."
Bloomberg also reports that analysts like Morgan Stanley's Adam Jonas can't help but wonder if a company that ultimately plans to build and launch its own satellites might have a leg up in the race for driverless cars, which will have to be connected to a vast wireless network. It's an edge that other carmakers like General Motors Co. and Toyota Motor Corp. won't have.