Wall Street analysts are slow to change. Their view of things tends to be the same. We know this because they keep calling Tesla a car company.
In this video I discuss a couple reports (rumors) about the purchase of compute. What we are seeing is the difference between an innovative company and one that simply is a traditionial (fill in the blank).
▶️ 3Speak
Wall Street being delayed isn't anything new. They just recently allowed BTC ETFs, and are still mulling over ETH ETFs. Those two and crypto have been around for years. I guess that is to be expected with stability. They are looking at Tesla only based on its current products. Those that see Tesla's latest moves see they are pivoting to include AI and Robotics. But until they release and start selling AI and Robots, Wall Street will still just consider them a car company.