Part 7/11:
Despite his cautious stance for most, Musk reveals that he first purchased Tesla stock in 2019, and it has since proven to be an excellent investment. Currently, he maintains a bullish outlook, believing Tesla could appreciate at least tenfold by 2030, driven primarily by advancements in full self-driving technology and the anticipated success of robot Optimus.
He models a conservative scenario: assuming Tesla hits 10 million vehicle deliveries annually before 2030, with each vehicle generating roughly $10,000 in profit, and applying a reasonable price-to-earnings ratio of 20. Under these assumptions, Tesla’s value could be enormous, with minimal risk of losing money over the next decade.