Tesla's FSD reached 55% of Q2 North American deliveries and 1.5 million paid subscribers globally, embedding a software subscription business inside an automaker.
GM trades at 29x P/E and Rivian posts -66% operating margins, framing just how much unproven autonomy optionality is embedded in Tesla's 185x forward multiple.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
Everyone is focused on Tesla's vehicle deliveries. I think that misses the point. The number that could actually decide Tesla's (NASDAQ:TSLA) future is the Full Self-Driving attach rate, which reached 55% of Q2 North American deliveries with paid FSD customers hitting nearly 1.5 million globally. That is a software subscription business hiding inside an automaker.
Our 24/7 Wall St. price target for Tesla is $377.78, modest upside of 4.11% from $362.86. That is a hold, delivered with high (90%) confidence.
#american #tesla #software
GM trades at 29x P/E and Rivian posts -66% operating margins, framing just how much unproven autonomy optionality is embedded in Tesla's 185x forward multiple.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
Everyone is focused on Tesla's vehicle deliveries. I think that misses the point. The number that could actually decide Tesla's (NASDAQ:TSLA) future is the Full Self-Driving attach rate, which reached 55% of Q2 North American deliveries with paid FSD customers hitting nearly 1.5 million globally. That is a software subscription business hiding inside an automaker.
Our 24/7 Wall St. price target for Tesla is $377.78, modest upside of 4.11% from $362.86. That is a hold, delivered with high (90%) confidence.
#american #tesla #software
2 months ago
