Meet the "Infinite Money Glitch" That Could Send Tesla Stock Soaring, According to Elon Musk

Tesla (NASDAQ: TSLA) is one of the world's largest manufacturers of electric vehicles (EVs), but with that part of its business struggling over the past year, investors have turned their attention to the company's future product platforms, like the Cybercab autonomous robotaxi and the Optimus humanoid robot.Tesla CEO Elon Musk thinks Optimus, in particular, could be a game changer because of its versatility. During his third-quarter conference call with investors last week, he even called it an "infinite money glitch" for businesses that deploy it at scale, because of its incredible productivity. That's why earlier this year, he predicted there will be so much demand for Optimus that Tesla will eventually become the world's most valuable company. That implies significant upside for shareholders, but how long can the enthusiasm for Optimus mask Tesla's sluggish EV sales, which still account for the majority of the company's revenue? Read on.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool