New Street's Ferragu Says Tesla at Turning Point, Sees Shares Going to $800

The transcript discusses Tesla's impressive financial performance, highlighting a significant increase in free cash flow and improved gross margins. It covers the ramp-up of Tesla's new Shanghai factory and its impact on costs and margins. The discussion also touches on Tesla's pricing strategy in China, emphasizing the lack of competition for the Model 3 and the potential for market share growth. Finally, the transcript explores Tesla's future prospects, with a price target of $800, and the potential for further growth and profitability.

What challenges does Tesla face in maintaining its market share in China?

How does the capital cost of the Shanghai factory compare to the Fremont factory?

What is the projected price target for Tesla's stock by the end of the year?