Tesla is a "must own" stock according to Melius Research

Market Position & Competitive Advantage - Melius Research indicates Tesla is a "must-own" stock due to its full self-driving (FSD) autonomy features [1] - Tesla's in-house production of software and chips provides a competitive edge over legacy automakers like GM [1] - Tesla is positioned as a global leader in AI chip technology [1] Technological Advancement - Tesla's AI4 chip is currently being integrated into its newest cars [1] - The next-generation AI5 chip is slated for inclusion in Tesla cars by 2027 [1] Market Opportunity - The full self-driving market represents a 4 to 5 trillion USD opportunity globally [1] - The US market alone accounts for 700 billion USD of the total opportunity [1]