Deep Insights Into Tesla From Billionaire Investor

Deep Insights Into Tesla

There is a long Tweet that Chamath Palihapitiya shared about Tesla that I thought was worth talking about and sharing further insights into. It talks about how Tesla is having its iPhone moment right now. What does this mean?

It means that Tesla is at a moment where it is at the inflection point of production of its electric vehicles. Tesla will be at about 1.8 to 2 million vehicles per year at the end of this year and by 2030 or 2032, at 20 million vehicles per year. That's a 10x increase from where we are today.

Tesla is like Apple was back in 2012, just getting its products in the market, and they are starting to get noticed by more and more people. As this continues, eventually, there will be Tesla's everywhere, and they will be considered the gold standard of cars, just like an iPhone is the gold standard for phones.

Tesla is making sure their products get to market no matter what, and they are doing this largely by cutting prices and offering incentives like free supercharger miles or free time to have FSD. Tesla understands that getting their cars into customers hands is top priority.

Tesla In the Future

Chamath goes on to talk about how Tesla is going to license its FSD software with a major OEM company - and I think this company is Ford. The reason this matters is that this won't be the first company to do this. Other companies will license Tesla's technology. Tesla will be everywhere because they have a huge data lead on FSD and driverless cars are the future.

A Tesla is like a giant iPhone on wheels, and Tesla is developing an ecosystem just like Apple. Tesla has their lineup of cars, the Model S, Model 3, Model X, and Model Y. They are also opening up charging to other automakers and this is good for even more exposure.

Tesla is on the bath to global domination as they follow a similar playbook to Apple. Tesla is willing to lose margins in the short term in order to get their products out there in the marketplace. Eventually, the margins will go back up, especially once FSD and software start to become autonomous.

The cool thing about Tesla is that nobody knows how big Tesla is going to get. It might be 3 trillion, or it might be 30 trillion, but one thing is certain - there is still a lot of room to grow for Tesla, and they are going to dominate the market for EVs.

Do you think Tesla will dominate the market for EVs?

In May of 2017, I presented at the Ira Sohn conference for the second time. My first pick, in 2016, was $AMZN. In 2017, my pick was $TSLA at a split adjusted price today of ~$22. https://t.co/oKMns0XI4l

The comparison I made at that time was that Tesla was like Apple and the…
— Chamath Palihapitiya (@chamath) July 21, 2023

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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter or LinkedIn to stay in touch and follow his Tesla news coverage on Torque News. Image Credit, Tesla, Screenshot