From Nasdaq: 2024-05-04 11:20:00

Tesla, known as an EV maker, is also a tech giant with an energy storage business. The company’s Megapack battery segment saw record revenue and gross profit in Q1 2024, potentially unlocking lucrative growth. Tesla’s autonomous driving software, full self driving (FSD), collects the most driver data and offers opportunities for licensing to other car companies. Advanced robotics like Tesla’s Optimus bot could transform various industries with generative AI. Despite focusing on EVs, Tesla’s long-term prospects revolve around AI innovation.



Read more at Nasdaq: Is Tesla Just a Car Company?