What I’m Watching:

Tesla ($TSLA)

Tesla remains the best play on physical AI.

It has massive upside if Robotaxis and Optimus launch successfully. It’s a big if, but hard to bet against Elon. And he’s proven again and again that he can deliver against the odds.

Since our initial buy in August, we’re already up more than 20% and I plan to add significantly more.

This move might be just getting started.

If we zoom out, Tesla has a tendency to consolidate for years before a starting a huge move. It looks like we might on the verge of the next big rally.

There’s a lot of positive news around Tesla’s Robotaxi roll-out. With Elon’s trillion-dollar compensation package, he should be more incentivized to focus on Tesla. If he fully commits, almost no one can compete with him.