Tesla CEO Elon Musk made it absolutely clear on today’s Tesla conference call: if you don’t believe in Tesla’s AI work and robotaxi plans, you shouldn’t be invested in Tesla stock (NASDAQ: TSLA). The company is not fundamentally a car company, as he noted. It’s fundamentally an AI company.
I think that’s already clear based on the company’s market cap. Many analysts have argued for years that they don’t take robotaxi potential into account, that it’s really about the nuts and bolts of making money selling cars, trucks, batteries, and solar panels. Read more about the study…
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