Tesla's AI Chip Rollout Boosts Stock

Teslas stock surged following a positive research note from Melius Research, labeling the company a must own. The boost is attributed to Teslas advancements in autonomous driving technology, particularly their latest Full Self-Driving software, and Elon Musks revelations about Teslas chipmaking capabilities. Musk highlighted Teslas AI chip engineering team, which has designed and deployed millions of AI chips in vehicles and data centers. The company aims to produce more AI chips than all other companies combined, marking a significant shift from just an automotive company to a major player in artificial intelligence and robotics.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.