Part 8/12:
Investor polling indicates strong curiosity about Tesla’s capital strategies. While Musk admits a share buyback is "being considered," he emphasizes that the company’s primary focus remains on increasing production, expanding factories, and innovating. Demand coming from long wait times, production bottlenecks, and supply chain constraints outweigh the benefits of immediate buybacks.
He advocates for building more factories—especially in regions like Australia, where demand outstrips supply—rather than using capital for stock repurchases. Musk also discusses potential impacts of a recession, pondering whether Tesla would scale production down or maintain, or even accelerate, growth to leverage cheaper labor and infrastructure.