The China problem reads correction, not recession. This thunderstorm should blow over before the end of September. Reasons to rejoice: A well-timed stock offering has provided a buffer, a brutally slick Model X is about to enter the ring, and the calendar reads 2015 instead of 2008. Tesla no longer sells mere novelty or curiosity. Now it’s more about excitement and fascination. That’s a much better combo for weathering a storm. Tesla also sells money-saving energy storage solutions whose demand could prove largely immune to macro tumult.
Always look on the bright side of life.