Tesla Just Announced Its Next Multi-Hundred-Billion-Dollar Business

By Neil Rozenbaum – Jun 28, 2023 at 10:15AM

NASDAQ: TSLA

Tesla

Market Cap

$574B

Today's Change

(-3.48%) -$6.49

Current Price

$180.11

Price as of May 22, 2024, 4:00 p.m. ET

Tesla will be one of the best AI stocks to buy for years to come.

Elon Musk talked about how Dojo could be a multi-hundred-billion-dollar opportunity for Tesla (TSLA -3.48%) during the first-quarter earnings call. In this video, I will talk about how Tesla's dominance in AI computing will help the company achieve full autonomy, recent controversies with regard to FSD Beta, and more.

*Stock prices used were from the trading day of June 27, 2023. The video was published on June 28, 2023.

Editor's Note: This video was updated on 6/29 to correct an erroneous statement made.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Neil Rozenbaum has positions in Amazon.com and Tesla. The Motley Fool has positions in and recommends Amazon.com, Nvidia, and Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.