Tesla (NASDAQ: TSLA) is improving FSD rapidly, and users are raving about version 12 of the software, which is built from the ground up with artificial intelligence. But Tesla may have a big problem on its hands.
In this video, Travis Hoium shows how Tesla’s business model may not be built well for autonomous driving as competitors scale a completely different, more disruptive model.
*Stock prices used were end-of-day prices of April 1, 2024. The video was published on April 2, 2024.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet, Apple, and General Motors. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Microsoft, Tesla, and Uber Technologies. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors, long January 2026 $395 calls on Microsoft, and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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