Artificial Intelligence Will Be the Primary Growth Driver for Tesla Stock
Ark Invest CEO Cathie Wood previously called Tesla the best AI investment, even greater than Nvidia which has been cited as a leader and saw shares rally on strong demand. The thread on Twitter and new focus on education about Tesla's AI efforts could increase the investment case of Tesla being more than an electric vehicle company.
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A new Tesla Twitter account has emerged, sharing its first post on Wednesday. Here’s a look at the account and what the first post stated.
The account, @Tesla_AI, which sports a gold check mark and Tesla badge icon, shared a thread Wednesday with more details on Tesla’s artificial intelligence efforts:
“Tesla is building the foundation models for autonomous robots. Our multi-modal neural networks are already in customer vehicles — these networks take in arbitrary modalities such as camera videos, maps, navigations, IMU (Inertial Measurement Unit), GPS etc.,” the thread said.
The thread shared several video examples of what Tesla is doing in the fields of artificial intelligence and robotics:
“In addition, we’re building off state-of-the-art generative modeling techniques — enabling us to predict possible outcomes given past observations, in a jointly consistent manner across multiple camera views.”
“Tesla is building the foundation models for autonomous robots. Our multi-modal neural networks are already in customer vehicles — these networks take in arbitrary modalities such as camera videos, maps, navigations, IMU (Inertial Measurement Unit), GPS etc.,” the thread said.
The thread shared several video examples of what Tesla is doing in the fields of artificial intelligence and robotics:
“In addition, we’re building off state-of-the-art generative modeling techniques — enabling us to predict possible outcomes given past observations, in a jointly consistent manner across multiple camera views.”
Source:
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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MackMoneyRu : ARRK or ARK has a large percentile of TSLA in its ETF. Of course she’s going to help out haha plus her etfs are out performing sp500 as of recently. Leading the league of etfs with a 33% plus minus