Tesla(US:TSLA) Sou Hu Cai Jing·2025-12-18 09:02Core Viewpoint - Tesla's stock price is currently trading as if it is a future technology AI giant, driven by recent positive news regarding Robotaxi developments [1] Group 1: Stock Performance - Tesla's stock reached an all-time high of $1.63 trillion in market capitalization due to autonomous driving news [3] - However, the stock fell over 4% to close at $467.26, with a market cap of $1.55 trillion, despite a more than 4% increase over the past five trading days [4] Group 2: Business Valuation - According to William Blair's energy research head, Jed Dorsheimer, the core electric vehicle business is valued at only $30 to $40 per share, significantly downplayed in the overall market valuation [2][8] - Dorsheimer notes that the market is increasingly focused on Tesla's advancements in autonomous driving and energy sectors, with the autonomous driving business now accounting for over 70% of Tesla's total valuation [8] Group 3: Future Outlook and Challenges - The growth of Tesla's energy business is notable, potentially matching or exceeding the value of its automotive segment [9] - Dorsheimer expresses confidence in the long-term prospects of Tesla's energy business as a severely underestimated growth engine [10] - However, the company faces significant challenges, including increasing competition in the electric vehicle market and regulatory pressures, particularly regarding its Autopilot marketing claims [9]