Part 10/13:
Tesla’s cash reserves now exceed $33 billion, providing immense flexibility for strategic initiatives, including share buybacks or aggressive R&D spending. Additionally, Tesla’s top-tier talent—recent promotions like Michael Snyder to VP of Energy—underscore its robust talent bench. This strong team, coupled with Elon Musk’s appeal as a leader capable of attracting the best engineers and managers, positions Tesla well for sustained innovation and execution.
Supply Chain, Manufacturing, and Cost Cuts
Tesla’s cost restructuring efforts have paid off spectacularly. The company cut costs and accelerated the deployment of new manufacturing techniques, notably the new 4680 battery cells, which Elon Musk asserts will be more cost-effective in North America.