technology — September 23, 2026, 11:15 PM · Yahoo! Finance Canada
Is Tesla (TSLA) Quietly Shifting From Automaker To Physical AI Platform With FSD Subscriptions?
Tesla is increasingly being viewed by investors and analysts less as a traditional automaker and more as a "physical AI" and high-margin software platform, driven by its Full Self-Driving (FSD) subscriptions. This shift is supported by growing regulatory clearances for FSD, strategic partnerships, and new product initiatives, despite ongoing legal and regulatory scrutiny. The company's long-term valuation is seen as dependent on the success of its autonomy, energy storage, and AI infrastructure bets.
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