$AMZN has a $1.44T market cap, and a PE of 137.

If $TSLA makes $500M/Q in GAAP income, a 137 PE would mean a market cap of $274B. Or about 33% above current market cap ($1,489/share).

$500M/Q is doable at a run rate of ~150k deliveries.

A strong Q2 delivery means strong demand