The EV maker's strategic shift aims to expand market reach and improve financial stability. While the valuation improves, it's not yet a bargain
The ringing endorsement from Huang comes amid Musk's recent pivot to AI as the Tesla boss quietly scrapped his vision of growing volumes over tenfold to 20 million EVs a year by 2030.
At 71 times forward earnings, Tesla stock's valued like a technology or AI company. So why is this, and should I consider buying the stock? The post Should I buy Tesla stock for its ‘unused computing power’ and not the EVs? appeared first on The Motley Fool UK.