He says Tesla has no interest in satisfying the desires of day traders.
"We have no interest in satisfying the desires of day traders like couldn't care less."
When does Tesla stock have its NVIDIA moment? (asked on X)
Q7920 answers2018-2025asked on 𝕏
Short answer
He repeats that with excellent execution Tesla will be the most valuable company in the world by far.
All 20 answers, oldest to newest
He says many retail investors have deeper and more accurate insights than big institutions and analysts.
"I do think that a lot of retail investors actually have deeper and more accurate insights than many of the big institutional investors"
He says the mind-blowing financial picture is high volume and high margin because of autonomy.
"that's the real mind blowing situation is high volume, high margin because of autonomy."
He says that with autonomy Tesla can go way beyond industry margins while making cars more affordable.
"When you factor in autonomy, I think we can go way beyond industry margins and have the car be affordable to more and more people."
He says Tesla chose higher volume and a larger fleet over lower volume and higher margin.
"pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin."
He says it is a good time to increase Tesla's lead and invest in growth as fast as possible.
"This is a good time to increase our lead further and we'll continue to invest in growth as fast as possible."
He says a software update making millions of cars autonomous would be the biggest asset value increase in history.
"That'll be the biggest asset value increase in history, I think."
He says passive funds were a good idea but have gone too far, amplifying a few active decisions.
"it was a good idea to, to create, you know, vanguard and, and passives, but it's gone, it's just gone too far."
He says Tesla should be thought of as an AI robotics company, not an auto company.
"Really, we should be thought of as an AI robotics company."
He says the investment case comes down to autonomy: if you believe Tesla will solve it, buy the stock; if not, sell.
"If you believe Tesla will solve Autonomy, you should buy Tesla stock."
He says the value of Tesla is overwhelmingly autonomy.
"the value of Tesla overwhelmingly is autonomy. These other things are in the noise relative to autonomy."
He predicts Tesla will become the most valuable company in the world if it executes.
"my prediction is Tesla will become the most valuable company in the world"
He says there is a path for Tesla to be worth more than the next top five companies combined.
"there is a path where Tesla is worth more than the next top five companies combined."
He says 2025 may be viewed as the most important year in Tesla's history.
"I think it probably will be viewed 25 as maybe the most important year in Tesla's history."
He says Tesla is setting up for an epic 2026 and a ridiculous 2027 and 2028.
"setting up for what I think will be an epic 2026 and a ridiculous 27 and 28."
He says Tesla may become as valuable as the next five companies combined.
"It may be as valuable as the next five companies combined."
He repeats that with excellent execution Tesla will be the most valuable company in the world by far.
"I continue to believe that Tesla, with excellent execution, will be the most valuable company in the world by far."
He said he does not currently have personal loans against Tesla stock, taxes on the options are about 45% so net voting-control gain is more like 4%, and he worries about being ousted after building millions of robots.
"Just fyi I don’t have personal loans at this time against Tesla stock. Also, the taxes on the options are ~45%, so net gain in voting control is more like 4%. It is worrying in that I don’t want to build millions of robots and then potentially be ousted by activists and unable to ensure that public safety remains of paramount importance."
He said a lot of people thought Tesla stock would collapse when tax credits ended that month, and it did not.
"A lot of people thought Tesla stock would collapse as the tax credits came to an end this month. Guess not."
Asked when Tesla stock has its NVIDIA moment, he said a major valuation change comes with unsupervised self-driving at scale and an even larger one when Optimus reaches volume production.
"Major valuation change when there is unsupervised self-driving at scale and an even larger valuation change when Optimus reaches volume production"