Tesla & Robotaxi Economics: The Network That Optimizes The Machine

Credit to Author: Rahul Sonnad| Date: Thu, 09 Jan 2020 06:34:20 +0000

There is a long-standing argument about whether Tesla is a car company or a tech company. This argument is typically made in the context of how Wall Street should value the company. If Tesla is just a new kind of carmaker, it should be valued at something significantly less than its annual revenue — maybe 25% to 50%, like Ford and GM. Alternatively, if Tesla is a tech company, then it could be valued significantly higher. Google, for example, is trading at about 6 times its revenues today, Facebook at 8, Microsoft at 9, and Salesforce at 10 times. Tesla trades at around 3 times its revenues with some profits, while Uber and Lyft trade around 4 times revenues and have never been profitable

Read more

Tesla On Track To Release “Feature Complete” Full Self Driving Solution In 2019

Credit to Author: Kyle Field| Date: Thu, 24 Oct 2019 01:27:09 +0000

Tesla opened up about its progress on its fully autonomous driving solution, dubbed Full Self Driving, on its Q3 2019 earnings call today. CEO Elon Musk tentatively said that, “it still does appear that we will still be in Early Access release of Full Self Driving by the end of this year.”

Read more

Who Will Benefit In The Robotaxi Revolution?

Credit to Author: Matt Pressman| Date: Tue, 01 Oct 2019 01:00:49 +0000

As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who’d likely benefit from this massive market opportunity. Keeney writes, “Autonomous vehicles will transform personal mobility … reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030.”

Read more

Tesla Model 3 & Model Y Are Legitimately Disruptive — What Should Automakers Do?

Credit to Author: Zachary Shahan| Date: Sun, 15 Sep 2019 06:15:55 +0000

The world is changing. It always is, but the change is particularly dramatic right now in certain technology sectors. To a normal person’s eyes, changes in the auto industry may seem only incremental. Cars are getting a bit more “connected,” more people are using 21st century taxis from Uber and Lyft (please don’t call this ridesharing), and some people are driving electric cars. But we ain’t seen nothing yet

Read more