Part 7/10:
He emphasizes Tesla’s long-term trajectory, predicting that owning Tesla stock will be clearly advantageous ten years from now. Tesla’s energy business, already generating higher margins than automotive, is poised for enormous growth—potentially dwarfing the automotive division.
The Cybertruck and the Future of Vehicle Strategy
While the Cybertruck remains an important project, Musk admits it’s not expected to significantly impact Tesla's revenue next year. However, its importance is long-term, especially considering the vehicle’s margins and pioneering features like steer-by-wire technology.