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Tesla lands a win in AI, and gives Las Vegas police a new edge.
We know that electric vehicle giant Tesla (TSLA) is trying to break free from the idea that it is only an electric vehicle giant, branching out into robotics and artificial intelligence (AI). And now, Tesla just landed a big win in artificial intelligence in China, with one of its generative AI services approved for use in the country. This gave Tesla a leg up, and shares rose nearly 3% in Monday afternoon’s trading.
Meet Your ETF AI Analyst
The Chinese government allowed Tesla to offer up its xBot customer service tool in Shanghai, a voice assistant that can handle a range of functions from incoming customer queries to media controls and navigation system controls. Getting that approval required Tesla to run a gamut of regulatory hurdles, including data localization testing, content safety tests, and cybersecurity inspections.
This move is not only a big step forward for China in artificial intelligence, but also establishes a better connection between Tesla and local firms like DeepSeek and ByteDance. The combination gives Tesla a better foothold in the market thanks to improved Chinese language functionality and better voice recognition tools.
Biggest of its Kind
In a surprising twist, the Las Vegas Metropolitan Police Department recently rolled out a Tesla-heavy milestone of its own. It now has the nation’s largest fleet of Tesla Cybertrucks. Apparently, Ben Horowitz and wife Felicia got together to bankroll the purchase for the department, giving Vegas police access to a fleet of 10 Cybertrucks.
Each of these trucks has been specifically customized for police work, including “high-stakes response scenarios.” This gives these Cybertrucks bulletproof exterior plating, and police-issue shotguns and riot shields. Sheriff Kevin McMahill noted, “We’re committed to using the best tools available to protect our community. These vehicles are more than just patrol cars. They represent safety, sustainability and our future-facing mission.”
Is Tesla a Buy, Hold or Sell?
Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 10 Holds, and 10 Sells assigned in the past three months, as indicated by the graphic below. After a 19.37% rally in its share price over the past year, the average TSLA price target of $382.54 per share implies 7.57% downside risk.
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