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Musk highlighted Tesla’s continued outstanding execution despite macroeconomic uncertainties. He reinforced his long-standing belief that Tesla will become the most valuable company globally, a prediction he remains confident in, although he admits the stock price may be unpredictable in the short term.
The company's robust progress on future product development and operational efficiency bolsters his conviction. Musk also explained that supply chain and commodity prices—such as metals used for batteries—are decreasing, which could positively impact Tesla’s margins and pricing strategies in the coming months.