It's just a car company. Level 4 autonomy is not going to be achieved for now while Elon Musk continuously insinuates that Level 5 autonomy will be available soon .
Tesla has been sitting on the biggest mountain of data needed to train AI / self-driving for more than a decade. I don't know how much they have invested in their AI capabilities, but their data centre capacity is impressive. And in doing so, they themselves inadvertently provide proof of what the limitations of AI will be. Autonomous driving is long overdue if current AI promises are to be believed. Instead, Elon Musk is now outlining yet another new vision with the Robot Taxi and behind it yet another dream of the Tesla Optimus Robot. Let him deliver on that initial promise of the self-driving car first.
Robotaxi (Level 5) is at best only possible in highly controlled environments and therefore does not have the potential the general public thinks it has. Elon has been promising/insinuating the self-driving car since 2015. Tesla is therefore not going to live up to expectations at all and will soon face tough competition from Chinese EV builders. This company's PE should therefore stay below 25 to consider a share purchase at all.
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