The stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle it supplies is set to keep climbing. Electric cars barely dent its core, because what it makes is needed whether a vehicle burns fuel or runs on a battery.

The stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle it supplies is set to keep climbing.…

This is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, generates surplus cash, and has…