Tesla CEO Elon Musk (TSLA) has come under fire for his comments on X (formerly Twitter). But Canaccord Genuity Managing Director George Gianarikas isn't concerned about what sort of impact it could have on the EV maker. Gianarikas argues that Musk's antics are not new and that "he's who you have to take in to invest in Tesla's stock." Tesla has missed some targets recently, but Gianarikas argues that when Musk is giving his goals, he's not just trying to please investors and Wall Street, but that "he's trying to inspire the three, four, five companies that he's the CEO of and he navigates." Gianarikas points to Tesla's full-self driving (FSD) technology. He thinks Tesla will succeed in meet its FSD goals. For example, Gianarikas says Tesla's FSD is relying "completely on AI to navigate their vehicle" and as a results he thinks Tesla is "the AI company because ultimately real world AI is about self driving. You are literally taking AI to navigate a vehicle from one place to the other. There's no more productive use of AI out there." For more Yahoo Finance coverage of Tesla: Morgan Stanley, Starbucks, Tesla: 2024 leadership in focus Tesla: Is Elon Musk too distracted by his other companies? Catalysts for Tesla stock in 2024 Tesla: Car buyers missing out 'because they don't like Elon' Musk's social commentary hurting Tesla, other brands: Bill George For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
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