Comment on Investors are pouring money into Tesla because it's becoming an AI bet in addition to its status as the top EV name

Investors are pouring money into Tesla because it's becoming an AI bet in addition to its status as the top EV name

Tesla CEO Elon Musk.REUTERS/Mike Blake Investors are pouring cash into Tesla stock as part of a broader bet on the future of AI. Vanda Research said retail purchases of EV stocks other than Tesla made up just 6% of average daily Tesla purchases. Vanda says there are signs Tesla is catching a ride on the wave of AI hype rolling through the stock market.

 

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