Part 7/11:
He outlined that if a severe recession hits, it might not be advantageous to perform a share buyback until the economic horizon clears. Instead, Tesla’s prudent cash management affords the company resilience, and Musk’s personal strategy involves waiting to act until more data about the recession’s depth is available.
Elon Musk’s Track Record and Stock Valuation
Musk pointed out that he was initially cautious when stating Tesla’s stock was "too high," yet the stock continued to rise, indicating market confidence even amid his conservative statements. He noted that if Tesla’s fundamentals remain strong, current low stock prices could present an attractive buying opportunity.