Colin Tedards’ #1 AI Stock Revealed (“Elon’s Final Move”)

Colin Tedards, a self-proclaimed AI millionaire, has released a stock teaser dubbed “Elon’s Final Move,” which centers around his “#1 AI stock.”

In the teaser, Tedards claims that Elon Musk’s new AI startup could be “100X bigger and better than ChatGPT” and that he can help us profit from it.

What AI startup is he talking about? And what stock is he pitching?

That’s what I wanted to know, so I did an in-depth analysis of Tedards’ presentation to get to the bottom of what he was on about. And in this post, I’ll show you exactly what I found, including the name and ticker symbol of the stock he’s teasing.

So, with that said, let’s get started!

Unpacking the “Elon’s Final Move” Teaser

Colin Tedards began the presentation by stating that Elon Musk’s latest AI venture will be the last project he will ever take on and will dominate Tesla, SpaceX, Twitter, and Starlink, which is why he calls it his “Elon’s final move.”

“Elon Musk is DONE.

“He’s finished.

“Because his latest project is the last one he’ll ever take on.

“I’m talking about his new, secretive AI startup.

“I call it Elon’s Final Move because his AI venture will dominate Tesla…

“SpaceX… Twitter… Starlink…

“And every other project he’s got going.”


Tedards also claims that the project will be 100X bigger and better than ChatGPT, the AI platform created by OpenAI.

“… Elon’s new AI project will put ChatGPT to shame…

“Becoming, I anticipate, 100X bigger and better, in every way.”

Tedards makes quite a few bold statements in the presentation, and I would recommend taking much of it with a pinch of salt. Because ultimately, the teaser is designed to build hype around the $49 newsletter he is selling – The Near Future Report.

At the end of the day, no one knows what projects Elon Musk will or won’t pursue in the future or how successful his AI startup will be.

Speaking of which… what AI startup is Tedards even referring to?

Colin Tedards didn’t mention it by name, but it’s clear he’s referring to Elon Musk’s AI company called X.AI, as that is the only dedicated AI company Elon is building.

However, that is NOT the company Tedards is recommending because X.AI is a private company that retail investors can’t invest in.

That’s why, after spending roughly 2/3 of the presentation hyping up the power of AI and the genius of Elon Musk, Tedards finally revealed that what he is actually recommending is a “backdoor way” to play Elon Musk’s “huge move into AI.”

“… the catch is that Elon’s AI venture is still private.

“So unless you’re a big bucks friend of Elon, you can’t get in.

“That’s why this one AI stock is the perfect backdoor way to play Elon’s huge move into AI.”

Colin Tedards referred to this “backdoor” play as his #1 AI stock and said that the company benefits from what he calls the “essential multiplier.”

What’s that?

According to Tedards, smaller companies that make the essential components that go into emerging technology often pay up to 13X more than big-name tech stocks.

And after sharing several examples of this “multiplier” playing out over the years, he said that a similar thing is happening in the AI space.

“There’s a little-used way to multiply your stock gains by as much as 13 times.

“I call it the ‘essential multiplier.’

“And it’s a very simple concept…

“The smaller companies that make the ESSENTIAL parts that fuel world-changing technology…

“Often pay out up to 13X more than the big-name tech stocks.


“Right now, the same fact — the essential multiplier — is playing out in AI.

“Where the stock that makes AI possible has delivered nearly 5X the big name AI stock.”

So, long story short… Colin Tedards is recommending a company that manufactures parts that are essential for AI to work. And as the presentation continued, he explained that the “parts” the company makes are “special GPU chips.”

According to Tedards, not only are these GPU chips essential, but there’s an “extreme shortage” of them right now, making them even more important.

“Today’s powerful AI can’t run without these special GPU chips.


“I need to point out the biggest problem with the growth of AI:

“There’s an extreme shortage of GPUs…

“Without these chips, there’s no AI.”


“… the GPU shortage threatens to stop the almost $16 trillion AI revolution in its tracks.”

So, when you boil it all down, Colin Tedards’ recommendation has nothing to do with investing in Elon Musk’s AI company (X.AI). Instead, it has to do with investing in a company that makes GPU semiconductor chips for AI-related use cases.

What specific company is he teasing?

Read on.

What Is Colin Tedards’ #1 AI Stock?

Aside from what we’ve already discussed, Tedards’ first main clue was that the company he’s teasing makes “high powered AI chips” that are “2.4 times stronger” than Nvidia’s. And he claims these are “the best solution to the $16 trillion GPU shortage problem.”


“Because right now, Nvidia has a near monopoly on AI chips.

“CNBC says they have 80% of the market, cornered.

“Here’s where what I call Elon’s #1 AI stock comes in.

“The little-known company also makes high powered AI chips.

“It’s the best solution to the $16 trillion GPU shortage problem.”

What other clues did he share?

One hint Tedards dropped was the following CNBC quote about the company:

“CNBC reported that my #1 AI company is ‘the only viable alternative to Nvidia’s high-tech chips.'”

Another clue was that, according to Tedards, Elon Musk called the company “great to work with” in a tweet.

Third, he shared a list of company names and government agencies the company has as clients:

“Because this incredible company counts Apple… Microsoft… Google… Facebook… IBM… and Cisco as clients…

“And Amazon, probably worried about getting left behind, wants to partner with Elon’s #1 AI company to power its AI cloud services.

“The federal government loves my #1 AI company, too…

“The Department of Energy uses their chips…

“So does the Pentagon…

“NASA even deployed the company’s chips on Mars…”

And lastly, he said the company is “7 times smaller than Nvidia,” which means we are looking for a company with a market cap of around $180 billion (give or take).

What could it be? It looks like the company Tedards is teasing is Advanced Micro Devices (AMD), a California-based semiconductor company.

A chart of Advanced Micro Devices (AMD) stock as of December 19, 2023 taken from the Google search results.

Why do I say that?

Well, the first thing that led me to AMD wasn’t any of the above clues… it was actually an image Colin Tedards shared of the GPU chips he was talking about in the teaser.

Here is the image of the GPU chip I’m referring to:

A picture of the GPU chip discussed in Colin Tedards' presentation about "Elon's Final Move," which is a GPU made by AMD.

The above image led me to this article on Wikipedia, which shows that the GPU Tedards highlighted in the teaser is made by AMD. Don’t ask me to explain the underlying technology (that’s way beyond me), but the actual image he shared is a product of AMD.

So, from there, I researched the other hints he shared, and from what I can tell, they line up with AMD as well. For example, the CNBC report Tedards cited was referring to AMD, AMD’s products are used by some of the largest companies in the world, and the quote Tedards cited from Elon Musk lines up with the following tweet I found on X:

Lastly, the clue about the company being “7 times smaller than Nvidia” matches. Granted, AMD’s market cap is currently sitting at around $226 billion, but it has increased substantially in the past month and, therefore, was much closer to the $180 billion mark (about seven times smaller than Nvidia) when the presentation was first released.

Is AMD a good investment idea?

I will leave that for you to decide, as I don’t provide stock tips.

However, there are quite a few in-depth articles about AMD stock online, like this one on Forbes, that may be worth checking out if you want to further your research.

You could also get Colin Tedards’ complete take on his “#1 AI stock” (which I believe is AMD) by reading his report titled “How to Profit From Elon’s FINAL Move: The #1 AI Stock.”

The only catch is that, to access that report, you would need to join his $49 newsletter service, The Near Future Report.

Tedards’ Second Pick: “The Amazon of AI”

Before Tedards closed out the presentation, he dropped some hints about one other AI stock he’s recommending, which he calls “The Amazon of AI.”

This one was pretty easy to figure out, as he shared some very specific clues about this company, and they are similar to clues I’ve seen other stock pickers share.

Here’s a summary of what he said about this second pick:

“… I’ve discovered the Amazon of AI.

“It deploys AI to help businesses big and small sell more products online.

“Amazon even partnered with them and recommends that merchants use their services.

“Right now, over 4 million business owners in 175 different countries use this company to sell online.

“And this year, 700 million buyers will purchase something through this company.


“Last year, they processed nearly $80 billion in orders.

“And this company gets a cut of every single transaction.”


“Right now, it’s less than 1/20th the size of Amazon.”

Based on those clues, I think Tedards’ second pick is Shopify (SHOP), a Canadian multinational e-commerce company.


Because those are very specific clues, and Shopify is the closest match.

For example, according to, Shopify is predicted to have over 700 million customers in 2023, and they have merchants in over 175 countries.

They also have a market cap of about $100 billion, which is in the ballpark of 1/20th the size of Amazon. It’s not exactly 1/20th would likely have been closer to that mark when the teaser was made, as Shopify has gone up in the past month.

So, while I can’t be 100% sure without seeing the report, Shopify looks like a match for Colin Tedards’ second (“Amazon of AI”) stock pick.

Bottom Line

This is the first time I’ve come across a stock teaser from Colin Tedards, as he appears to be fairly new in the newsletter space. Before him, a guy named Jeff Brown was the main “guru” heading up Brownstone Research (which is the company behind all of this).

I’ve written numerous blog posts about Jeff Brown’s stock picks over the years, especially in 2021, but it looks like he was replaced by Colin Tedards this year (2023). And from what I can gather, this was due to poor performance in Jeff Brown’s picks, which itself was largely due to how heavily concentrated they were in the tech sector (which fell off a cliff in 2022).

Time will tell how well the “new” Near Future Report portfolio (and other Browstone Research portfolios) will fare moving forward. But at least now you don’t have to pay $49 to find out what Tedards’ #1 AI stock is, assuming you agree with my research.

Thanks for reading, and all the best!

2 thoughts on “Colin Tedards’ #1 AI Stock Revealed (“Elon’s Final Move”)”

  1. Thanks Tim. I do enjoy your articles.
    Everyone seems to be talking about chips, their makers and such as a way to play AI.
    I think its Data that will make or break AI. After all, the bigger AI gets the more data it needs to grow . What’s your take on that.

    • Awesome, glad you’re enjoying the content Ian and appreciate your comment.

      I honestly am not the best person to ask about that sort of thing, as I’m not an AI expert. I’ve heard some interesting opinions from multiple analysts on this, but I don’t know enough about AI, chip stocks, and data storage to have a decent opinion on it myself.


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