Part 13/15:
Analysts like Max Chaffkin argue that Tesla may be suffering from its own hype cycle. As an overvalued company, any announcement resembling a "normal" car company’s product tends to hurt the stock due to high investor expectations. Conversely, if Tesla is perceived as an AI, robotics, or technology company, its valuation could be justified.
Chaffkin warns investors to temper expectations and understand Tesla’s long-term strategy involving the transition to a modular, future-proof manufacturing system. The company is preparing for a significant upgrade with new models based on the "unboxed" system, enabling higher capacity and efficiency without extensive retooling of existing facilities.