Good job, Elon!
But one cannot rest on past laurels.
Many new models are coming out.
I believe Tesla faces the greatest level of competition in the EV market in its history.
Charlie Munger turned down investing in Tesla in 2009.
Charlie who was 86 at that time didn’t envision how EVs could succeed. It would require big bucks and big risks. Charlie wasn’t interested in that.
But he did have an opinion about Elon Musk.
In 2021, at the Sohn Hearts & Minds Investment Leaders Conference, he reportedly remarked, that Musk “thinks he’s even more able than he is,” a trait he believed contributed to Musk’s success.
“Never underestimate the man who overestimates himself,” Munger said, acknowledging that overconfidence could lead to extraordinary achievements.
https://www.msn.com/en-us/money/companies/charlie-munger-told-a-table-full-of-people-all-the-ways-tesla-would-fail-elon-musk-said-it-made-him-sad-but-he-agreed/ar-BB1lwgfl