Tesla's AI and Tech Bets Could Drive Growth Despite Near-Term Automotive Headwinds
• Tesla's investments in AI and self-driving tech could generate significant revenue through software sales and licensing, fueling future growth
• Tesla's Dojo supercomputer gives it an edge in training machine learning and developing computer vision
• Analyst has $380 price target on Tesla in next 12 months, 46% upside from current levels
• Near-term headwinds in automotive ops, but growth drivers like cheaper $25K Model 2 car coming
• No longer a screaming buy, but still potential to justify premium valuation through tech company pivot