Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.

We recently published a list of 15 AI News That Broke The Internet. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other AI news that broke the internet.

Elon Musk’s net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla’s valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023.

Elon Musk has a vision dominated by autonomous vehicles, and Tesla’s ambitious plans for a robotaxi service by 2026 underscore that vision.

While long-term investors appear to see substantial upside for Tesla from a Trump presidency, we’d be much more circumspect about Tesla stock at current levels.

Pony AI CEO James Peng emphasized the company's strategic focus on supply chain diversification and international market expansion following its Nasdaq debut, as the autonomous driving technology firm navigates ongoing U.

Tesla shares have rallied sharply since the election, though its valuation implies growth far beyond what Wall Street is forecasting, UBS analysts said.

Kim Kardashian plays with Tesla’s $20K Optimus robot, showing its AI features, as doubts about its autonomy surface after "We, Robot" event.

Too many game studios that are owned by massive corporations. @xAI is going to start an AI game studio to make games great again! https://t.co/UR4nFODyfd — Elon Musk (@elonmusk) November 27, 2024 See Also: ‘ This Is Illegal,’ Elon Musk Slams Satya Nadella On Twitter Over Microsoft Gaming’s Alleged Hiring Practice

The Tesla CEO is racing to make xAI, which launched after its competitors, the world’s most advanced AI company.

Tesla has posted a job listing for an engineer to help build a low-latency network to help Tesla’s fleet of robot taxis navigate tricky terrain. This is a forgotten industry standard, with other self-driving companies like Waymo and Cruise employing similar tactics to help their cars when they get confused.