Part 8/10:
One of the most optimistic notes from Elon Musk was the possibility of Tesla reaching twice the valuation of Saudi Aramco, which would equate to roughly a $4 trillion market cap—about six times the current valuation. Such a valuation underscores Tesla’s potential for explosive growth, driven by innovation and operational efficiency.
Executive Decisions and Long-Term Strategy
Tesla's ongoing spacing of buybacks reflects prudent financial management. Although a buyback in 2023 isn't officially announced, many believe it’s imminent but delayed to strengthen cash reserves. Elon Musk emphasized that Tesla is committed to spending aggressively on innovations and initiatives that will benefit long-term margins and growth.