Warren Buffett's 2023 Shareholder Letter + TSLA Investor Day + More Bad News For The Economy
The Young Investors Podcast
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Tesla's Going to Reduce Complexity, Simplify, and Just Improve Scalability
Musk: In every aspect of their business, they're going through how they're going to reduce complexity and simplify. They're extremely focused on reducing costs because affordability is the main determining factor for whether people are going to buy a Tesla or not. Musk spoke about how they've discovered what he kind of thought, which is that the auto industry is very demand elastic.
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