Part 5/10:
Upon examining Tesla’s performance, Richard presents a favorable outlook for the Model 3 and Model Y, with a year-on-year demand increase of 21% and 59% respectively. He acknowledges a significant rise in supply for both models — 94% for the Model 3 and a parallel trend for Model Y. Richard suggests that enhanced availability of used models is primarily due to cars coming off lease, providing potential buyers with more choices and robust options at lower prices.