FYI: Tesla’s stock surge piques investor interest in new frontiers, including potential ventures into eVTOL and beyond.
Tesla’s Stock and New Horizons
Tesla’s stock has soared nearly 20% in the past month, captivating both investors and analysts eager to imagine the company’s next potential ventures. Despite being the world’s only trillion-dollar automaker, Tesla’s innovative pursuits continually stir curiosity about its future directions, including the eVTOL industry.
Potential in Aviation?
Morgan Stanley analyst Adam Jonas recently speculated on Tesla’s possible entry into the electric Vertical Takeoff and Landing (eVTOL) space. Although Elon Musk noted Tesla was "stretched pretty thin," he left the door ajar, admitting that electric planes might be a "fun problem to work on." Jonas interpreted this as a potential shift in Tesla’s identity, probing whether it might pivot towards aviation or defense tech.
Musk’s Vision and Focus
Historically, Musk has been transparent about Tesla’s strategic focus, chiefly on vehicle autonomy, AI, and robotics. While he hasn’t entirely dismissed aviation possibilities, his core efforts remain concentrated on these transformative technologies.
Competing with China and Robotics
Morgan Stanley’s analysis also explored Tesla’s role in matching China’s strides in embodied AI. With strengths in manufacturing, data collection, and robotics, Tesla aims to maintain a competitive edge. This comes amid China’s notable advancements in robotic technology, exemplified by events like robots participating in half marathons.
affordable EV Models on the Horizon
Tesla is poised to introduce new budget-friendly electric vehicles, aiming for a price point under $30,000, factoring in tax credits. This move targets broader market appeal, especially in contrast to China’s aggressively priced models, like the BYD Seagull.
Conclusion
The buzz around Tesla’s evolving strategies continues to captivate the market. With a focus on innovation across multiple domains, it stands at the intersection of automotive evolution and broader technological disruption. For further insights and updates, reach out at tips@automotive.fyi or on Twitter @automotivefyi.
William Kouch, Editor of Automotive.fyi
