Tesla: 2027 Could Be A Massive Growth Inflection Point (Rating Upgrade)

Time for me to upgrade Tesla back to a Buy. The thesis is getting well supported by its AI transformation and improved optimism over a potential SpaceX merger. FSD adoption is accelerating quickly, with over 75% of new North American deliveries subscribing and FSD ARR possibly reaching $1 billion. Energy storage and FSD/robotaxi are emerging as pivotal growth drivers, but automotive remains the primary revenue source for the next 12–24 months.