Part 5/10:
Despite impressive profitability, Tesla still needs to expand its manufacturing capacity significantly, with ongoing projects in Austin, Berlin, and other gigafactories. These investments require substantial capital, which complicates the decision to allocate hundreds of billions for buybacks.
Long-term Investment Perspective
As a long-term investor, the speaker emphasizes that Tesla's focus should be on sustainable growth and innovation rather than short-term share price manipulation. This aligns with Musk's broader strategy: prioritize technology, infrastructure, and global expansion before engaging in aggressive buybacks.