Part 2/11:
Jonas acknowledged Tesla as a "must-own" EV stock but emphasized that its association with AI remains speculative rather than definitive. He cautioned against conflating AI advancements with autonomous driving capabilities, highlighting that AI and automotive autonomy are fundamentally separate technological disciplines.
This nuanced view underscores that while Tesla may benefit from AI advancements, labeling it primarily as an AI play could be misleading. He also noted that the "AI-based re-rating" of Tesla resembles more of a speculative process, which is inherently unverifiable and highly dependent on future developments.