12.12.2024 11:17:00
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Tesla Stock Could Be the Ultimate Artificial Intelligence (AI) Play, but There Are 2 Reasons to Avoid It Heading Into 2025
Despite spending most of 2024 trading in the red, Tesla (NASDAQ: TSLA) stock is now sitting on a year-to-date return of 56%. Most of that gain came after Trump won reelection on Nov. 5, as Elon Musk's cash and influence were a big part of getting his campaign over the line.Investors are speculating that the incoming Trump administration will regulate technologies like autonomous driving with a relatively light touch, paving the way for a huge financial opportunity for Tesla.In fact, Ark Investment Management founder Cathie Wood believes Tesla stock is the biggest artificial intelligence (AI) play in the world because of the company's full self-driving (FSD) software and Cybercab robotaxi. But she isn't the only one who is extremely bullish.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
:be AG Inhaber-Akt | 1,38 | -1,43% | |
Tesla | 407,50 | 0,83% | |
Ultimate Holdings Group Inc Registered Shs | 0,00 | 0,00% |