From Nasdaq:

Summary:
Tesla, with a market cap of $800 billion, faces high pressure to maintain its stock’s momentum. Analyst Adam Jonas believes the company’s value could come from investments in AI and self-driving technology, projecting a 46% gain in stock price.

Tesla’s future success hinges on its Dojo supercomputer development that trains machine learning and full self-driving models, potentially leading to significant revenue from software sales and licensing.

Tesla’s strategy to introduce a $25,000 car, the Model 2, could help the company achieve its goal of becoming a mass-market automaker. However, with a forward P/E multiple of 74, the stock may not be an ideal choice for value-oriented investors, but Tesla has a history of proving naysayers wrong.

Tesla was listed as one of the ten best stocks for investors to buy right now, prompting investors to consider the potential of the company amidst its numerous growth drivers.



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