I'd Buy More of This Growth Stock Before the Market Figures Out What It's Missin

Tesla stock trades at nosebleed levels thanks to its AI exposure.

One Tesla competitor also has AI exposure without the premium.

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Tesla's (NASDAQ: TSLA) market cap is currently hovering around $1.2 trillion. Over the last three years, shares have soared by more than 50%.

What many investors may not realize, however, is that Tesla's auto sales are actually declining. Last year, Tesla's auto sales fell by 8%. In 2024, auto sales were down by around 1%.

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Tesla's core auto manufacturing business is by no means cratering. But it does raise the question: Why are shares doing so well despite declining sales in its biggest business segment?

The answer to this question is undoubtedly artificial intelligence. Autonomous driving is increasingly made possible by rapid advancements in AI. This is allowing Tesla to target new growth opportunities with higher growth rates an

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/id-buy-more-growth-stock-232500515.html)