The all-in view of Tesla Inc. was summed up in a line from a report this summer by one of the more all-in analysts covering the company: “The car is to Tesla what the video game chip is to Nvidia. The car is to Tesla what selling books is to Amazon.” Morgan Stanley’sAdam Jonas was arguing that Tesla is morphing from a maker of electric vehicles to an artificial intelligence and robotics powerhouse. On this reading, a Tesla isn’t just a box-on-wheels with a battery but an AI-delivery vehicle. Chief Executive Elon Musk also touts this thesis, declaring with typical bravado: ...
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