Tesla -- The World's Top High-Growth AI Stock
I believe Tesla (NASDAQ: TSLA) is the top high-growth artificial intelligence company in the world.
Tesla crowdsources data from both vehicles and drivers using internal and external sensors and cameras. Tesla has even recently started to leverage the interior camera above the rearview mirror in the Model 3 and Model Y to ensure drivers are paying attention while using Autopilot. This information is extremely valuable. In fact, McKinsey and Co. estimates the total addressable market (TAM) for vehicle analytics will be worth $750 billion a year by 2030.
Tesla's collected data generates detailed maps that measure traffic speed, locate construction, identify hazards, and more. Machine learning in the cloud updates Tesla's entire fleet with this information, and at the individual car level, edge computing is leveraged for real-time decisions. In addition, a third level of artificial intelligence enables vehicles to create networks with other nearby Tesla vehicles to share insights and local information. This sounds like science fiction, but it is today's cutting-edge technology.
Source Fool.com
