$Tesla Motors(TSLA)$ 's latest earnings results might have disappointed the market and sent its stock price plunging. A delay in the launch of its robotaxi has also disillusioned investors. Nevertheless, the earnings bar is also arguably high, as investors look to justify Tesla's buoyant stock price. I remain convinced with Elon Musk's vision to transform the EV market leader into an artificial intelligence colossus over time. In fact, he has just asked in his social network X whether the EV maker should invest $5 billion into his newest startup, xAI. Meanwhile, the company witnessed its soaring energy storage sales, and focused investors' attention on a future filled with its humanoid robots now in development. Hopefully, Tesla will be unveiling its robotaxi taxi launch sooner than later. Elon Musk has promised that anyone holding a short position will be obliterated. I certainly would not want to bet against him. Prevailing short-term price weakness may present an opportunity to accumulate for long-term growth.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
