Part 4/11:
He points out that Tesla's investor day a few weeks ago underscored this approach; the company intends to continue reducing costs to facilitate further sales growth. Unlike some skeptics who viewed the investor day skeptically, Levy notes that Tesla's emphasis on lowering prices in tandem with decreasing costs indicates a deliberate strategy to grow market share. This approach contrasts sharply with traditional automakers like Ford, which reported negatives margins on their EVs—highlighting the competitive advantage Tesla maintains.