ChatGPT4o predicts Tesla stock price in the event of TSLA releasing a phone
In the realm of the internet, a long-standing debate has persisted concerning whether
Tesla Motors
(NASDAQ:
TSLA
) should be classified as a
technology
company or a
automobile
manufacturer.
For years, supporters of Tesla and its
wealthy CEO
have contended that the electric vehicle (
EV
) producer is technologically superior to its competitors, while critics and analysts have denounced its
sky-high
valuation as unwarranted.
Elon Musk himself recently declared that his car company should not only be recognized as a technology firm rather than a traditional automaker, but also as an
artificial intelligence
(AI) company. The response to this statement has been somewhat
divided
.
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It is important to note that Musk has a personal interest in positioning Tesla as a technology company, as more than
half of his fortune is tied
to TSLA
shares
.
Moreover – at least in its current form – Mercedes (ETR: MBG) actually
beat Tesla to the punch
with self-driving technology.
Old and new Tesla smartphone rumors and forecasts
Despite this, recent rumors are strengthening the argument that Tesla is more than just an automobile manufacturer.
The banking powerhouse Morgan Stanley (NYSE:
MS
) reportedly
released a memo suggesting that Elon Musk’s company is developing a smartphone with a statement that reads like something out of a science fiction novel:
‘The car is an extension of the phone. The phone is an extension of the car.’
Speculations surrounding a Tesla smartphone have fluctuated over time, with
some projections
including
Starlink
satellite connectivity,
solar-powered
charging,
Neuralink
integration, advanced camera systems, among others.
However, Musk himself has at times downplayed the idea of smartphones having a future, given the development of technologies like Neuralink.
In fact, during a live stream on the evening of June 9 – several days before initial reports of the Morgan Stanley memo – Musk once again
denied
the smartphone rumor. Nevertheless, he did mention that an
X
phone is ‘not out of the question.’
Despite this, with the latest report coming from a reputable source like Morgan Stanley, Finbold decided to seek the opinion of another technological marvel –
ChatGPT-4o
– the most advanced model of
OpenAI’s
leading
AI
platform on what a Tesla smartphone could mean for TSLA stock.
ChatGPT-4o predicts TSLA stock price upon Tesla smartphone launch
In its assessment of the potential impact of a Tesla smartphone on TSLA stock price, ChatGPT pinpointed three key areas for consideration.
ChatGPT discusses the potential synergy of Tesla products. Source: Finbold & ChatGPT
The AI anticipates that any Tesla smartphone would likely seamlessly integrate with the company’s existing products, enhancing the overall value of its offerings.
ChatGPT discusses the potential disruptive effects of a Tesla smartphone. Source: Finbold & ChatGPT
In terms of market penetration, ChatGPT believes that Tesla has a strong chance of making a significant impact due to its reputation for innovation and loyal customer base.
ChatGPT discusses the potential financial impact of a Tesla smartphone. Source: Finbold & ChatGPT
Furthermore, the AI explained that a successful smartphone launch would enable Tesla to diversify its product range and expand its growth opportunities.
ChatGPT offers a Tesla stock price target upon a smartphone launch. Source: Finbold & ChatGPT
Taking these factors into account, along with several assumptions – such as the smartphone yielding higher profit margins than cars and adjusting the company’s
P/E ratio
to 75 should Tesla enter the smartphone market – ChatGPT concluded that a smartphone launch could potentially boost TSLA market cap to $656.25 billion and share price to $207.25.
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