TL;DRPrediction markets on Seer suggest ~9–10% of Tesla’s market cap is tied directly to Elon Musk’s presence.Tesla’s valuation isn’t just about EVs — it’s wrapped up in AI, energy, and robotics narratives, most of which are personally associated with Musk.Musk’s growing political persona adds volatility: he’s both Tesla’s greatest asset and its biggest risk.Conditional markets show clear pricing differences between a Musk-led Tesla and a post-Musk Tesla.Tesla is as much a Musk trade as it is...