Tesla Bets on Ambitious AI to Power Future Growth as Core Business Slows
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Tesla's core automotive business is slowing down - growth has stalled, margins are falling. The company needs new sources of revenue.
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CEO Elon Musk wants Tesla to be valued as an AI and robotics company, not just an automaker. He aims to own 25% of Tesla to pursue ambitious AI projects.
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Key AI initiatives include the Dojo supercomputer (risky long shot for full self-driving), the Optimus humanoid robot (massive potential market), and Autobidder software for the energy business.
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It's still early days for these projects - no revenue yet. But the vision is for significant profits from FSD subscriptions, robo-taxis, computing power, and energy optimization.
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Buying Tesla stock now means betting on Musk's high-risk, high-reward AI ambitions. Success could lead to huge growth, but nothing is guaranteed.