Part 6/10:
Furthermore, Black points out that demand isn’t as problematic as some critics suggest. As he notes, the supply chain and manufacturing hurdles, such as the halted 4680 cell production, are temporary. Once these manufacturing processes ramp up, margins should improve, reinforcing Tesla’s profitability.
Market Sentiment and Stock Price Challenges
Black highlights that the recent decline in Tesla’s stock is largely disconnected from the company's long-term fundamentals. Concerns over Elon Musk potentially selling Tesla stock and Chinese delivery volumes have spooked investors, but these factors are unlikely to impact Tesla’s long-term profitability, margins, or cash flow.