Part 11/13:
Moreover, the discussion touches on the idea that even if Tesla's valuation appears lofty today, its growth potential—paralleled with restrictions on traditional automakers and competitors—is significant. As EV adoption accelerates towards 60% globally by 2030, Tesla’s unique positioning offers substantial upside.
Final Thoughts on Market Dynamics and Short Positions
Interestingly, Black mentions taking a short position on Toyota, viewing the traditional automaker as a company with minimal EV exposure. He notes that Toyota controls roughly 10% of the global automotive market but is lagging in EV innovation.