— market watchers are assessing whether June could mark a parabolic shift in Tesla’s stock trajectory, as mentioned in a report by The Motley Fool.

Though Tesla is widely recognized as an electric vehicle (EV) manufacturer, CEO Elon Musk has consistently pitched a broader ambition: transforming Tesla into a full-fledged AI company.

This vision is centered around autonomous driving, particularly the Robotaxi fleet, which Musk confirmed during Tesla’s Q1 earnings call is set to debut in Austin, Texas, in June.

Unlike traditional ride-hailing models, Tesla’s Robotaxi aims to operate without human drivers — a potentially disruptive leap made possible by the company's in-house AI systems and real-time learning infrastructure. If successful, this rollout could validate Tesla’s shift from manufacturing to AI-powered mobility services.Despite the excitement surrounding the upcoming launch, analysts and investors remain cautious for two core reasons, as mentioned in a report by The Motley FOOL:Despite recent weakness, Tesla shares have shown upward momentum in May. Analysts believe this could reflect growing anticipation for the Robotaxi launch rather than company fundamentals.

Tariff negotiations and broader tech sector movement might also be fueling the rally.

However, as seen in past cycles, Tesla is a stock that reacts strongly to narrative shifts, particularly those involving innovation and AI.

If the June rollout goes as planned, the company's AI profile will receive a major boost — setting it apart from other traditional carmakers and possibly placing it in the same league as Nvidia, which remains a dominant force in the AI hardware space.

Given the uncertainty surrounding the Robotaxi rollout, experts suggest exercising patience. The Austin market will be a critical test, but it is only the beginning.

If Tesla’s autonomous vehicle service proves viable, the company will have more opportunities to scale globally, and investors will have more data to make informed decisions.

For now, while Tesla is not yet an AI stock on par with Nvidia, it may offer a compelling entry point for those with a long-term horizon. June could be the turning point — but caution remains the prudent path until execution matches ambition.

FAQs

Why is Tesla being viewed as an AI stock now?

Tesla is shifting from just EV manufacturing to autonomous mobility. CEO Elon Musk has repeatedly stated that Tesla's future lies in AI, particularly with its self-driving Robotaxi service, which uses in-house AI systems.

When will Tesla's Robotaxi launch?

Tesla plans to launch the Robotaxi service in June 2025 in Austin, Texas, as confirmed during its Q1 earnings call.