On June 18, Tesla's CEO Elon Musk announced on social media that he was working hard to promote Tesla's "Grand Chapter 4". This epic plan will once again paint a blueprint for Tesla's future, continuing to focus on innovation in sustainable transportation, home and commercial energy storage products, while further deploying larger-scale grid-scale batteries and other renewable solutions.
Since 2006, Tesla's every step of the plan has been reshaping the way we travel and use electricity. Musk's vision is to make Tesla not just an electric car manufacturer, but a comprehensive energy solutions provider. However, at the same time as the announcement of this plan, controversy in the market followed.
Per Lekander, a well-known hedge fund manager, has expressed serious concerns about Tesla's share price. He believes that Tesla's valuation is grossly overvalued, and the market may soon make a big correction about it. Lekander pointed out back in 2021 that Tesla was in a bubble, and earlier this year predicted that Tesla could go bankrupt. His view is supported by some market observers, and Tesla's recent sales have been much lower than market expectations, coupled with increased competition in the field of electric vehicles, which has indeed put a lot of pressure on Tesla.
However, despite these doubts and challenges, Tesla's position at the forefront of sustainable energy remains unshakable. Tesla's energy products, including Powerwall, a home energy storage device, and Powerpack, a commercial energy storage system, have provided reliable energy solutions to many users around the world. In the future, as Tesla further expands its grid-scale battery project, it is expected to provide clean energy to more regions and reduce dependence on traditional fossil fuels.
The release of the "Grand Chapter 4" marks another important milestone for Tesla in the field of new energy. Despite all the voices in the market, Musk and Tesla's teams are firmly committed to their vision. It remains to be seen if Tesla can once again break the doubt and succeed in realizing this ambitious plan.