.
Yes.
Cult to EM’s personality?
Cult to EM’s noble mission?
Cult to monstrous money-making opportunity?
Inside Tesla’s decision to build a $25,000 “global car”
The big picture: Musk believed a Tesla robotaxi would be truly revolutionary.
- “This is the product that makes Tesla a ten-trillion company,” he told Isaacson. “People will be talking about this moment in a hundred years.”
- But his deputies remained skeptical about the readiness of FSD, and finally found a way to persuade him to cover his bet “in a non-challenging way,” Isaacson writes.
Interesting debate on FSD/ Robotaxi by two Xers… countering @manch’s view
…
EM’s belief won’t come true because if it is so easy to make money, everybody would buy a TSLA to do robotaxi. I would buy as many as I am allow to buy 
Profit would be competed away very fast!
Meanwhile, Musk’s fascination with self-driving robotaxis kept growing.
- He predicted Tesla owners would earn more than $30,000 a year by dispatching their cars to run errands or give driverless rides to others.
Dave Lee, $100 millionaire because of TSLA investment, laughing at @manch’s naive view…
Typical cultist behavior. Turn a Tesla shortcoming: FSD can only do L2, into a strategic genius move of Elon Musk.
How’s Tesla’s robotaxis gonna work? Individual owners letting their cars go around driverless? Who’s going to do customer support? Who’s going to answer the phone when things don’t work? Is Tesla taking liability? Or individual owners?
Anyway, Elon promised FSD will be ready this year. Only 3 months left. Let’s see.
How a real robotaxi company scales its operations.
Year 1: 1 city
Year 2: 3
Year 3 (2023): 15
Tesla: 0 since 2016.
There’s pretty easy math that a fully functional robotaxi capability adds about $100k of value to a car.
If you are producing 2 million FSD cars a year, that’s 200 billion in addiional value. Per year. Even at say 20% margin of that added value (even though software margins are much higher), that would add $13 of EPS per year.
I’m not saying any of this would happen, but the point is that sort of profit stream would end up adding 1-2 trillion in market cap alone.
.
Has to prove this first
Wow. Already punted for another 12 months?
2 Likes
FSD…. Fucking Stupid Design
You mean Wall Street finally comes around to admitting FSD’s potential? These bigwigs are definitely much more rational than some of those Tesla haters…
Some folk don’t want to keep women. They just foster them until they find their forever homes
1 Like
Before ChatGPT,
TSLA is an energy company.
Post ChatGPT,
TSLA is an AI company.
Looking into the future,
After Optimus is launched,
TSLA is a robotics company.
IMHO, at present is definitely a car company.
In the future, depending on progress of moonshots and government regulations … it might even be called a crypto company.
With crazy predictions like that, good time to short.
Crazy predictions are those implying 50% to 100%.
Less than 30% CAGR is reasonable and achievable. AAPL achieved 27-32% CAGR since 1997… 26 years.
Take note CAGR of S&P is 7-11%.