Seth Goldstein

Tesla is transitioning from an automaker to an AI and robotics company, with progress on Robotaxi including unsupervised driving in Houston and Dallas and plans to launch in five more cities in the first half of the year, and Optimus production on track. This transition is supported by strong Q1 results, and the valuation implies a successful shift, with AI revenue expected to become over 10% within five years and up to 25% within ten years, driven by faster expansion than competitors like Waymo due to camera-only vision.