Whether you think this is a technological marvel or a catastrophe in the making, there’s no getting around it now: there’s a human being with a chip in his brain right now. Elon Musk’s Neuralink program has officially gone live, and somewhere out there, the chip has met the gray matter. The Neuralink is in place, and according to Musk, who is a founder of Neuralink and the current CEO of Tesla (NASDAQ:TSLA), the patient is doing well.
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There were no serious issues connected to the implantation, either, so everything seems to have gone about as well as it can. The chip was designed as a “brain-computer interface” and might be a way to get around several life-altering conditions. Yet, for the most part, Musk is keeping comparatively quiet about just how great an advance this actually is or what it might even do. The purely hypothetical possibilities, however, stretch on in a nigh-endless array.
What Does It Do, and Where Does It End?
The potential for a system like Neuralink could be massive. When used with generative AI, it might be able to transcribe a human’s dreams or allow a person to effectively think a movie into existence. Coupled with the Internet of Things, it could allow a person to think a house’s controls into life, lowering blinds at a glance or turning on a stove with a thought. The darker possibilities, ranging from kill switches for humans that cause brain death at the push of a button to outright mind control via hacking, also exist. Meanwhile, the exact path to monetization for Neuralink is somewhat uncertain. Will it play ads in our dreams? Will it require us to prefer one brand of soda over another? The possibilities, as noted previously, are endless.
What Is a Fair Price for Tesla Stock?
Neuralink is a private company and, therefore, doesn’t trade on the stock market. However, Musk’s most popular company, Tesla, does. Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 12 Buys, 16 Holds, and six Sells assigned in the past three months, as indicated by the graphic below. After an 11.68% rally in its share price over the past year, the average TSLA price target of $220.98 per share implies 14.44% upside potential.
