Tesla Stock Investors Cheer Progress on Its Artificial Intelligence (AI) Future

By Parkev Tatevosian, CFA – Apr 27, 2024 at 6:00AM

NASDAQ: TSLA

Tesla

Market Cap

$557B

Today's Change

(-1.74%) -$3.09

Current Price

$174.72

Price as of May 8, 2024, 4:00 p.m. ET

Tesla's driverless car fleet is one of the reasons investors can justify a premium valuation for its shares.

Fool.com contributor Parkev Tatevosian highlights Tesla's (TSLA -1.74%) progress in developing driverless cars.

*Stock prices used were the afternoon prices of April 24, 2024. The video was published on April 26, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.