This Hot AI Stock Is Cathie Wood's Largest Holding -- Should It Be Yours as Well?

Tesla (NASDAQ: TSLA) has emerged as one of the more surprising leaders in AI. Admittedly, companies in nearly every industry are now anxious to tout their AI capabilities. But most of them are not leaders in the field, and historically, investors have thought of Tesla as more of an automaker or battery company.

Nonetheless, Tesla has long held the attention of Cathie Wood and her team at Ark Invest, and it has grown into the fund's largest holding. But does that mean it should be yours? Let's take a closer look.

Rather than depending on the likes of Nvidia or Alphabet for AI expertise, Tesla has developed its technology in-house. The company became a leader in AI by using the technology as an enhancement to its current products. Its AI technology consists of the Tesla bot, semiconductors like its Dojo chip and full self-driving (FSD) chip, code, neural networks, and evaluation infrastructure.

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Source Fool.com