Tesla Robotaxi Launch and FSD Advancements Drive the Company’s Growth

Core Insights - Tesla, Inc. is recognized as one of the top 10 electric vehicle stocks favored by hedge funds, demonstrating strong institutional confidence in the company [4] - The company reported record growth in its second quarter, overcoming tariff challenges [1] Group 1: Growth and Innovations - Tesla successfully launched its Robotaxis in Austin, which operate without a driver, with plans for expansion pending regulatory approvals [2] - The Model Y has become the bestselling car in several countries, including Turkey, the Netherlands, Switzerland, and Austria [2] - Advancements in full self-driving (FSD) technology are underway, with plans to increase the parameter count by 10 times to enhance software capabilities [3] - Tesla is progressing with its Optimus humanoid robot, targeting scale production of 1 million units annually within five years [3] Group 2: Institutional Investment - The Insider Monkey database indicates that 115 hedge funds have invested in Tesla, reflecting strong institutional confidence in the stock [4]