As another person with only technical background I voted yes because I believe that market did not grasp the enormity of impact that the giga factory could have on the future of automobile and utilities industries. Even thoughtful team from Morgan Stanley, which seems to understand Tesla's Motors story much better than others, were taken by surprise with additional details released during the Giga-Factory announcements, enough so to issue a second report on TSLA in a course of a week. I think that it will take couple of weeks for this to sink in.
Quoting the March 5 Morgan Stanley report:
Is Tesla Motors an energy company?
Not exactly. But the success of the Gigafactory holds the key for the development of an entirely new industry. If Tesla can achieve battery cost per kWH below $150 and defend the IP, there is significant potential for revenue streams not captured in our $320 price target. What have we learned from Tesla’s recent Giga announcements?
- Tesla’s 2020 vehicle production target of 500k is 35% higher than our 371k unit forecast
- Tesla’s projected 50 GWh of annual battery production (pack level) from its Gigafactory by 2020 is more than double our forecasts.
- Tesla’s target for >30% reduction in cost per kWh appears vs. a base of around $200/KWh planned by first Gen 3 production in 2017, implying costs <$150/KWh once ramped up.