From Nasdaq: 2024-09-19 07:15:00

Artificial intelligence (AI) is rapidly changing the business landscape, with companies like Nvidia and Palantir already benefiting from its growth. Tesla, a leading technology company, is poised to capitalize on AI-related services and products in the future.

Tesla’s impact in the automotive industry, particularly in driving the mass adoption of electric cars in the U.S., is substantial. The company is now focusing on autonomous driving, a sector estimated to generate significant revenue by 2035. With Tesla’s data advantage and vertical integration, it is well-positioned to dominate this emerging industry.

Tesla’s ambitions extend beyond automotive, with plans to develop and sell humanoid robots named Optimus. These robots could revolutionize various sectors and potentially lead to trillions in profits for Tesla. Leveraging its AI expertise and resources, Tesla aims to start using Optimus robots in its factories by next year and commercialize them by 2026.

Investors should take note of Tesla’s early adoption of AI and its potential impact on the company and its shareholders. With autonomous driving and humanoid robots on the horizon, Tesla’s future looks promising. The Motley Fool Stock Advisor team has identified 10 top stocks for investors to consider, excluding Tesla, that could yield significant returns in the coming years.



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