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A noteworthy aspect of his perspective stems from his diversified income sources—real estate, other businesses, and investments—which provide him with a cushion. He states that even if Tesla's stock plummeted to zero, his lifestyle would remain unaffected due to his solid cash flow. This financial security allows him to hold Tesla stock exclusively, making it his sole equity investment.
The Two Pillars: Innovation and Margin
The core of his investment philosophy lies in two critical factors:
- Innovation: For him, Tesla's ability to continually innovate is paramount. He believes that innovation ensures Tesla stays ahead of competitors and drives long-term growth.