This is the only thing that remotely justifies their current valuation.
If you expect them to crush it in China + monetize their install base via creating an app platform for 3rd party apps + get to self-driving.
People forget that EVs are going to likely be on the road a lot longer than ICEVs, due to lower wear-and-tear. Past battery capacity degradation, there isn't much to break.
People always say this, but I'm a bit skeptical. I own a 13 year-old Toyota with 200k+ miles on it, and the things that break are more like suspension parts, wheel bearings, etc. I think drivetrains are pretty reliable at this point.
At a quarter-million miles, most people want something different. "It's falling apart" is an acceptable excuse. "It's running just fine, another three-quarter-million miles to go" not so much.
Seems to map fairly well to monetization, which is essentially what drove mobile.
Ad targeting when you break a geofence? $$$