$Tesla Motors(TSLA)$ FSD is the next big thing in the EV and AI industries. Tesla is in the pole position to make it happen. It's not only about the cutting edge tech but the strong backing of the company and most importantly, the tenacity and stubbornness of its visionary leader, musk.
Also, tesla takes up a huge component in major indices thanks to its gigantic country-gdp-comparable market cap of close to $600b. With or without FSD, it can only grow bigger bcos all etfs or managers have to buy it as part of the indices tracking or outperforming strategies. Same reason u can't short any of the magnificent 7 for longer than a week.
Yes, it will hit $200 and not only because of FSD.
Comments