Tesla, Inc. (NASDAQ:TSLA) is one of The most profitable blue-chip stocks to invest in now. On March 11, Reuters reported that Elon Musk unmasked a joint project between Tesla, Inc. (NASDAQ:TSLA) and its artificial intelligence startup xAI, which he called “Macrohard” or “Digital Optimus.” Claiming it was a system capable of emulating the functions of software companies, Musk said in a post on his social media platform Grok’s large language model takes on the role of a high-level “browser.” The announcement came after Tesla, Inc. (NASDAQ:TSLA) announced an agreement to invest around $2 billion to acquire shares of xAI in January.
Reuters further reported that investors are already spooked by the launch of Anthropic’s Claude Cowork, fearing that agent AI will disrupt established business models as Claude Cowork is capable of performing various computing tasks autonomously. Musk stated that:
“In principle, it is capable of emulating the operation of entire companies. That’s why the program is called MACROHARD, a fun reference to Microsoft.”
Tesla, Inc. (NASDAQ:TSLA) designs, manufactures and sells high-performance electric vehicles and energy generation and storage systems. It operates through two segments: energy generation and storage and automotive. However, the company is not simply an automobile manufacturer; Investors consider it a technology company because of its other projects, most of which feature AI.
While we recognize the risk and potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold more promise for generating higher returns and doing so in a shorter period of time. If you are looking for an AI stock that is more promising than TSLA and has 10,000% growth potential, check out our report on this. cheapest AI stocks.
READ NEXT: 15 stocks that will make you rich in 10 years AND 12 Best Stocks That Will Always Grow.
Disclosure: None. Follow Insider Monkey on Google News.