2 Tech Stocks I'd Buy and Never Sell

Core Insights - Meta Platforms and Tesla are evolving beyond their traditional identities as a social media company and an electric vehicle maker, respectively, into broader technology powerhouses [1] - Both companies are making significant investments in artificial intelligence (AI), positioning themselves for future growth and innovation [15] Meta Platforms - Mark Zuckerberg has invested $14.3 billion to acquire 49% of Scale AI and is actively recruiting top AI talent with offers exceeding $10 million per year [3][5] - Meta has developed a robust AI infrastructure, with its Llama models leading the open-source approach to large language models, contrasting with competitors' closed systems [4][6] - The company forecasts that its generative AI products could generate between $460 billion and $1.4 trillion in revenue by 2035, leveraging its vast user base of 3.3 billion daily active users [6][7] - Despite skepticism from Wall Street regarding talent retention, Meta is focused on redefining the AI landscape through substantial capital investment and open-source development [7] Tesla - Tesla launched its robotaxi service in Austin with a small fleet, marking a shift from being solely an automaker to an AI robotics company [9][10] - The company plans to produce 5,000 units of its humanoid robot, Optimus, in 2023, with projections to increase to 50,000 by 2026, targeting various industries [11] - Tesla's vertical integration allows it to design its own AI chips and software, creating a competitive advantage over companies like Boston Dynamics [12] - The robotaxi service serves as a testing ground for Tesla's AI, generating data that enhances both autonomous driving and robotic navigation [13] - Musk believes Optimus could become the most valuable asset for Tesla, addressing global labor shortages and transforming multiple sectors [13][14] Investment Perspective - Both Meta and Tesla are making bold investments in AI that carry risks but also present significant long-term growth potential [15] - These companies are viewed as generational investments in the future of technology, driven by visionary leadership willing to take substantial risks [15]