Part 4/14:
Tesla’s stock price, trading at a P/E ratio of 36—the lowest since 2019—presented a compelling entry point. The stock briefly dipped to around $205–$206, reminiscent of its COVID crash lows in March 2020. Industry experts like Gary Black argue that Tesla's massive cash reserves (approximately $18 billion) make it attractive for buybacks and potential profits exceeding 24% over a short time frame.
Furthermore, insider buying has surged. Data from Durian Trimmer, shared by Sanjay, indicates that corporate insiders view their shares as undervalued and are purchasing in droves. Their activity is often regarded as a strong bullish signal since insiders tend to buy only when they believe their companies are fundamentally strong—and at bargain prices.