Part 6/10:
Amidst internal challenges, Musk highlights that Tesla remains strong compared to traditional automakers on the brink of bankruptcy. His optimism is rooted in Tesla’s ongoing innovations and market dominance. He dismisses concerns about Tesla’s valuation dropping drastically, asserting the company’s resilience under his leadership.
Still, skepticism persists among analysts regarding Tesla’s future, especially considering external threats like Chinese economic slowdown and increasing competition from local automakers such as BYD. Musk emphasizes that Tesla’s China operations are crucial and that plans are underway to develop lower-cost models to maintain growth during economic downturns.