Part 8/18:
Hans highlights the phenomenon of exponential technology adoption, depicted vividly through S-curves. Norway serves as a prime example—early investments in EVs began around 2017, with rapid adoption accelerating as technological costs decreased. Globally, similar patterns are emerging, with China and the US entering their own exponential phases.
Tesla exemplifies how exponential growth influences stock valuation. The company's ability to deliver technology breakthroughs—like its Energy division, AI, and newer vehicle platforms—could multiply its market cap multiple times over once these innovations reach mass adoption. Hans contrasts this long-term potential against Wall Street's short-term focus, noting that conventional investors tend to overlook or underappreciate Tesla’s true valuation.