Is Tesla Still a Car Company?

Tesla - Car, AI or Taxi Company

Is Tesla still a car company, or is it morphing into an AI powerhouse? During a recent earnings call, CEO Elon Musk seemed more excited about artificial intelligence, self-driving tech, and robotics than actual cars. This shift has left some investors scratching their heads, wondering if Tesla’s primary focus is still on vehicles.

Musk’s enthusiasm for AI isn’t just talk—it’s influencing Tesla’s future. Despite a dip in vehicle production and deliveries in 2024 compared to 2023, investor confidence remains high, largely due to Musk’s AI-centric vision. As one analyst bluntly asked, “Is this even a car company?”

Meanwhile, updates to the Model 3 and Model Y have been announced, but details on a next-generation, more affordable Tesla remain scarce. Musk, however, remains unfazed. He brushed off concerns about slowing EV sales and potential federal incentive cuts, stating that “Sustainable transport is inevitable… it simply can’t be stopped.”

What do you think? Is Tesla’s future on the road or in the code? Share your thoughts in the comments!

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