Part 2/9:
Lumis emphasizes that while he acknowledges there are negative repercussions from Musk's political activity—alienating a segment of Tesla's fanbase and potentially deterring some consumers from making purchases—he believes the effects are neither catastrophic nor unmanageable in the long run. He reassures listeners that amidst the prevalent discourse criticizing Musk, the underlying factors of technological progress and financial performance of Tesla will ultimately outweigh political noise.
With high expectations for Tesla’s performance in the coming years, Lumis suggests that technologies like Full Self-Driving (FSD) and Tesla’s pioneering efforts in the energy sector are significant enough to propel the company toward an impressive market valuation, regardless of Musk’s public persona.