Tesla Turns into A ‘Software-Killer’ With Macrohard: Is the Stock a Buy Now?

Group 1 - Tesla CEO Elon Musk unveiled "Macrohard," a joint project with xAI, aimed at integrating AI capabilities into Tesla's operations [1][4] - The project will combine xAI's large language models with Tesla's AI agent, potentially allowing it to "emulate the function of entire companies" [4] - Tesla's shift towards AI is underscored by its recent decision to prioritize full self-driving (FSD) subscription numbers over traditional vehicle delivery guidance [4][5] Group 2 - Tesla's investment of $2 billion in xAI reflects a strategic pivot towards AI, especially as its electric vehicle (EV) business has seen declining deliveries over the past two years [3][5] - The company's market capitalization significantly exceeds that of other leading automakers, indicating a strong market perception of its value beyond just EVs [5] - Despite not achieving full autonomy yet, Tesla's software has made substantial progress, and the rollout of its robotaxi service has been largely successful [6]