The storage part makes sense. An electric car is essentially a car build around a battery, it is the most important component by far. Remove the "car" part and

The storage part makes sense. An electric car is essentially a car build around a battery, it is the most important component by far. Remove the "car" part and you are left with a battery storage solution. For the tech part, it is where the big profit is. That's why its market cap is so much higher than Toyota and close to all the other car manufacturers combined. That's because it is seen as the next Apple, not as just a car company. Whether this idea has merit is debatable, but the markets think it does, and it would be crazy for Tesla to turn down all that money.