Is Tesla an EV or AI stock?

There’s a great debate underway…

“Is Tesla an Electric Vehicle stock? Or is it an Artificial Intelligence stock?”

Tesla bears argue that the company is just an automaker. They make EVs. And the stock is dangerously overpriced.

For years I’ve argued that Tesla is a technology company that makes EVs.

YES, Tesla is the #1 EV automaker. But they’re much more than that…

Tesla makes batteries (for cars and homes), EV charging stations, the Optimus robot, the Dojo AI chip, and a breakthrough for using AI for self-driving cars.

Elon Musk says most people are clueless about Tesla’s self-driving capability…

“A vast majority of humanity has no idea that Tesla cars drive themselves… people don’t expect a fairly normal-looking car to be intelligent enough to drive itself, but it does.”

This week’s 30% jump in TSLA stock confirms my view that this is an AI tech stock.

Tesla crushed earnings estimates – with expanding profit margins.

Plus, CEO Elon Musk expects 20% to 30% growth for 2025.

There are two things that will fuel this growth.

#1. Lower Cost EV

Tesla plans to launch a sub-$30k EV next year. This new vehicle will spark demand from customers who have been waiting for a lower-cost option.

#2. AI-Powered Self-Driving Cars

The world is finally waking up to the fact that full self-driving is here. Over 7 million Tesla vehicles can already use Tesla’s FSD.

Plus, FSD paves the way a Cybercab within the next 2-years.

This was a big week for Tesla bulls.

It’s amazing to see Tesla turning a corner.

Expanding profit margins. 20% – 30% growth next year. The Optimus robot. And Cybercab coming within a couple years.

The future is bright for TSLA.

30% gains in the stock feels pretty good too J

Did you know that this AI Trading Bot just made 144% trading TSLA stock – in less than 24-hours?

Go here and I’ll show you how.

Ian