Dividend Stocks

Tesla’s Earnings Boost Stock Amid Robotaxi Innovations – but Is It a Buy?

Back in 2004, Will Smith starred in the film I, Robot. Set in 2035, he navigates a world filled with advanced artificial intelligence and autonomous robots that turn against humans and try to destroy them. Twenty years ago, this seemed like a futuristic vision, and an insane idea for the world.

But following Tesla Inc.’s (TSLA) Robotaxi event on October 10, this world doesn’t seem so crazy (minus the murderous AI robots).

Just like the film’s vision of a society reliant on AI machines, Tesla is pushing the boundaries of what we thought possible in our daily lives. In fact, much of the technology Tesla has recently unveiled is eerily similar to that in the film. Just take a look at the image below, from the robots to the cars, we are seeing all the advanced technology from I, Robot in our world now.

Source: Silicon UK

In other words, what was once thought of as a distant future is now becoming a reality. And Tesla is one of a handful of companies at the helm of this future. Given this, I want to take some time today to share my thoughts on the Robotaxi event and highlight the moves Tesla is making to bring the future to our present.

Plus, Tesla just released its latest earnings report yesterday, so we will also review its quarterly results – and I’ll tell you if it’s a good buy right now.

Newsletter