Part 3/13:
Ives highlighted that Tesla’s production pace is on track with its ambitious targets, including the goal of reaching 1.8 million vehicles annually— a figure he considers feasible and already ahead of schedule. While short-term profitability concerns linger, he pointed out that Tesla's market capitalization has soared to nearly three times that of Toyota, valued at about $602 billion compared to Toyota's $231 billion. This disparity underscores the market’s confidence in Tesla's disruptive technology and future growth potential.