Part 11/13:
Panelists agreed that while 2024 might be a challenging year short-term, the fundamental thesis remains intact. Many noted that market reactions tend to overreact to quarterly fluctuations; historically, industry expectancies have shifted quickly, and Tesla’s long-term trajectory remains compelling.
Matt Smith echoing classic investment wisdom observed that the current mood resembles past periods of pessimism—similar to the skepticism before Tesla’s dramatic growth phases—and strongly cautioned investors to focus on the thesis rather than short-term stock movements.