Tesla (NASDAQ: TSLA) stock is worth roughly $750 billion today, but with sales growth slowing and margins compressing as it lowers prices, it’s become increasingly clear that much of the company’s valuation is related to its AI and self-driving potential, rather than its existing electric vehicle (EV) business. Ark Invest’s Cathie Wood, arguably Tesla’s biggest bull, sees robotaxis making up a $9 trillion market by 2030 with Tesla as the leader. Goldman Sachs analyst Mark Delaney recently issued a note on Tesla’s artificial intelligence (AI) and full self-driving (FSD) opportunities, estimating FSD is already generating $1 billion to $3 billion in annual revenue, and believes the software opportunity for the company, mostly in FSD, would be worth $10 billion to $75 billion in revenue by 2030.
1 Wall Street Analyst Says Tesla Full Self-Driving Could Be Huge. Time to Buy the Stock?
