Part 2/11:
Elon Musk expressed a remarkable level of confidence, suggesting that Tesla’s valuation could easily see a 6X or even 10X increase. This outlook is driven by Tesla’s relentless investment in multiple fronts—spreading across what Musk called “everything we can think of to possibly invest in”—while still generating cash flows. Such a position, Musk explains, is “a pretty good place to be” for a company pushing the boundaries of innovation.
The Power of R&D and Talent Acquisition
A central theme of the call was Tesla’s approach to research and development (R&D). Musk emphasized that Tesla runs numerous R&D programs simultaneously—many of which the public isn’t fully aware of—and that this extensive R&D is a key driver of the company's cutting-edge products.