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Elon Musk just confirmed that Tesla's future will heavily depend on advancing their AI and full self-driving technology. If they succeed, this could mean exponential growth for the company!
Musk mentioned that Tesla’s profitability from software, especially FSD subscriptions, will soon surpass revenue from vehicle sales. That's huge for long-term investors!
He talked about how scaling production is still a top priority, but it’s becoming clear Tesla’s vision is about more than just making cars-it’s a tech ecosystem
Elon also hinted at some potential challenges ahead, particularly around supply chains and lithium shortages. It’s a reminder that there are risks, even with such an innovative company.
Musk said Tesla’s energy division could one day match or surpass the auto side of the business. With solar and battery storage demand growing, that’s definitely worth keeping an eye on!
Lastly, Elon reiterated his long-term view-Tesla's stock might be volatile in the short term, but those who stay invested for the long haul could be the real winners.
One of my takeaways: there will be no „model 2“. The question was dodged so heavily, it seems Elon has no interest in developing something for a future, that according to him looks a lot different. Otherwise, a good ER.
