Robotaxis Could Create a ‘Powerful Flywheel’ for Tesla. Does That Make TSLA Stock a Buy Here?

Tesla (TSLA) has spent years pushing the boundaries of autonomy, evolving from an EV pioneer into a full-fledged AI-driven ecosystem. Under Elon Musk, it is no longer just about cars—Full Self-Driving (FSD) and robotaxis now anchor a bigger vision where vehicles don’t just move but learn, adapt, and generate value over time.

The idea is simple but bold—a world where most vehicles are autonomous, and Tesla’s fleet becomes a revenue engine on wheels. That’s where Morgan Stanley analyst Andrew Percoco sees a “flywheel” forming—robotaxi miles improve FSD, which boosts demand, lifts margins, and feeds back into growth. Even with near-term cash burn, the long game could be powerful.