Part 8/11:
Twitter overhang: Musk's stake and future sales of Tesla shares to fund Twitter could exert downward pressure, especially if large sell-offs occur.
Recession and market headwinds: Slowing economic growth may dampen vehicle sales due to higher borrowing costs and reduced consumer spending.
Foreign exchange fluctuations: Changes in currency values, especially the Chinese Yuan, impact Tesla’s revenue from key markets.
Valuation and Investment Outlook
Tesla’s Market Leadership
Tesla dominates in the world's top markets—China, the U.S., and Germany—and in California, which acts as a bellwether for EV adoption. This strategic positioning is unlikely to diminish soon, considering local regulatory pushes like California’s plan to ban new gas-powered car sales by 2035.