Tesla (TSLA) Will No Longer Be Seen as 'Just' an Automaker, Investor Says
"In the next few years," Tesla, Inc. (NASDAQ:TSLA) will no longer be viewed as "just" an automaker, well-known investor Bryn Talkington said recently on CNBC.
Talkington tremendously praised the automaker's self-driving technology and what she called its "manufacturing expertise."
A frequent guest on CNBC who owns TSLA stock, Talkington is a managing partner of Requisite Capital Management.
Talkington noted that she owns a Tesla EV and said that it takes her between her house and the airport without her having "to touch it."
Despite reports of the self-driving technology occasionally making major mistakes on the road, Talkington suggested that she has not seen it make any significant errors although she uses the self-driving system "all the time."
At some point, many owners of Tesla's EVs are going to pay $99 per month to use the technology, she said,
Talkington noted that Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk talked extensively about the company's upcoming humanoid robots in a recent interview.
Given Tesla, Inc. (NASDAQ:TSLA)'s autonomous-vehicle efforts and its extensive humanoid-robot program, TSLA will over the longer term no longer be seen as just an automaker, the investor believes.
Finally, the company's "manufacturing expertise" is "underestimated," Talkington contended.
While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
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