Noting that Nvidia Corporation (NVDA) CEO Jensen Huang has said that the robotics market will be a multitrillion-dollar opportunity, investor Bryn Talkington suggested on CNBC recently that Tesla, Inc. (NASDAQ:TSLA)'s initiatives related to robotics and self-driving vehicles could add a total of $2 trillion to its market capitalization.
Talkington is also upbeat on the automaker due to its manufacturing capabilities and what she sees as its exceptional level of innovation.
An owner of TSLA stock, Talkington frequently appears on CNBC and is a Managing Partner of Requisite Capital Management.
Tesla, Inc. (NASDAQ:TSLA) Has Multiple, Positive Catalysts, Talkington Says
In addition to being enamored with Tesla's opportunities in robotics and self-driving, Talkington believes that the automaker's "manufacturing prowess is undersold."
What's more, the investor says that "Tesla, Inc. (NASDAQ:TSLA) has one of the most innovative CEOs and is one of the most innovative companies."
The Recent Price Action of TSLA Stock
In the last month, the stock has jumped 37%, but it has lost 4.3% in the last three months.
While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.