Elon Musk has stated that Tesla should be viewed as a 'real-world AI company,' with Full Self-Driving (FSD) and Optimus being the main revenue drivers. This perspective is supported by a Morgan Stanley report, led by Adam Jonas, indicating that 68% of surveyed investors believe AI will be a bigger driver for Tesla’s share price over the next 12 months than their core electric vehicle (EV) business. Analysts and commentators have echoed this sentiment, noting Tesla's extensive data from millions of miles driven, which enhances its AI capabilities. Additionally, Tesla's Q2 earnings are expected to highlight software revenues, including FSD, subscription add-ons, and Autobidder revenues.