Apple almost exclusively ships their software with their hardware. They’re still a tech company.

I see the point you’re making, and it isn’t a terrible one. But the thing is, Tesla isn’t valued like a car company. They’ve enjoyed a market cap at times greater than VAG and Toyota, the largest automakers, who ship orders of magnitude more cars than Tesla does. Tesla’s value has not been in its manufacturing capability but in its position in the market.

(That is likely to change going forward, as other automakers are catching up in the EV world and Musk has alienated Tesla’s core audience.)