TSLA
Tesla Tapes Out AI5 Self-Driving Chip
Article Summary
BUY- Tesla Inc. (NASDAQ: TSLA) announced that Tesla has taped out its AI5 processor, indicating that the design phase is over and the chip can now be produced.
- The change is essential since Tesla has been slowly making more of its self-driving technology in-house from custom silicon to software, with AI5 helping them turn their ideas for next generation hardware into reality.
- The chip is likely to form a significant element of Tesla's ambitions for Full Self-Driving cars in the future, with Elon Musk also claiming that people are currently working on new technologies like AI6 and Dojo3.
- This shows that Tesla is trying to stay ahead of the competition by making cars with greater AI.
- Tesla is growing more valuable as a car producer but also as a company that builds its own AI and semiconductor ecosystem.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -2.9% | 25% | 0.0 ptsDeclining (-2.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 28.8% | 25% | 80.0 ptsVery Good (28.8%) - Good outlook |
| Target Price Upside ? | 4.9% | 20% | 20.0 ptsMinimal Upside (4.9%) - Target: $403.84 vs Current: $384.98 |
| Gross Margin % ? | 18.0% | 15% | 20.0 ptsThin (18.0%) - Low-margin business |
| Drawdown from 52-Wk High ? | -22.8% | 15% | 40.0 ptsMild Pullback (-22.8%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TSLA
- Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
- The company operates in two segments, Automotive; and Energy Generation and Storage.
- The company offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty maintenance services and collision, automotive insurance services, as well as part sales and retail merchandise sale.
- It also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans.
- In addition, the company engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners.
- Further, it provides services and repairs to its energy product customers, including under warranty and extended service plans; and various financing options to its residential customers; lithium-ion battery energy storage products, such as Powerwall and Megapack; energy generation products, including solar panels and solar roof; self-driving development and artificial intelligence software, vehicle control and infotainment software, and battery and powertrain.
- The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017.
- Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.