Part 2/10:
Another participant contrasts this view with that of Gary Black, a well-known market analyst, who has expressed a more conservative outlook. Gary believes Tesla's intrinsic value is around $850 by the year's end, implying a current fair value in the $600s, which suggests that Tesla's stock is significantly undervalued. The speaker clarifies that while they are fully invested in Tesla, they recognize the potential for short-term dips—perhaps to the $200-$250 range—where they could leverage options to maximize returns, potentially making 300% gains with strategic calls.