Tesla shares traded about 1.9% lower at $358.58 on Monday after Barron's reported that Elon Musk backed calls for a slower pace of AI development, sharpening scrutiny of the company's autonomy story. The electric-vehicle, energy-storage and autonomy company remains valued above GuruFocus's GF Value estimate of $333.89, leaving the stock 7.39% above that level. Tesla's operating base still rests on real volume: its second-quarter production update showed more than 480,000 vehicle deliveries and 13.5 gigawatt-hours of energy-storage deployments. Those proven businesses stand apart from the harder-to-measure economics of autonomous transportation, humanoid robots and future AI services, where investors still need clearer evidence on utilization, margins, safety performance and recurring revenue. Musk's comments do not automatically change Tesla's near-term vehicle or energy forecasts, but they reinforce the case for valuing proven operations separately from businesses still being built.
Tesla IncElon Musk backed calls for a slower pace of AI development, sharpening scrutiny of Tesla's autonomy/AI story.
