Hedge Fund Manager Buys Tesla Stock After 'ChatGPT Moment' Latest FSD Release
$Tesla(TSLA.US$ $BYD COMPANY(01211.HK$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ The article reported that Altimeter Capital founder and CEO Brad Gerstner decided to buy Tesla Inc stock after having a “ChatGPT moment” with the electric vehicle company’s latest full self-driving release. Because they totally scrapped their prior deterministic models and have moved to an imitation learning model that really, for the first time — unlike Waymo, which is still a deterministic model — feels like a human driving the car,” Gerstner said. “So I think they are making massive progress at an accelerating rate on FSD 12.”
Comment: Currently Tesla stock is facing sell-off because of the negative sentiment on the coming Q1 delivery report. I don't think Tesla FSD V12 beta roll out is to increase sales in Q1 but it will attract buyers like this hedge fund who is taking a long term view of the company.
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$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $GEELY AUTO(00175.HK$ $Stellantis NV(STLA.US$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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