"With the big robotaxi boom underway, it's not hard to imagine that Tesla ( NASDAQ:TSLA) shareholders are more than willing to pay up a premium price tag to get into the driver's seat of a company that may very well become one of the leaders in the emerging, lucrative market. Undoubtedly, there could be fierce competition in the field of autonomous vehicles (AV),"
"It's the asset-light ride-hailing app that's leveraging its data advantage and massive user base. If it turns out that customers don't really care which EV service they use, perhaps it's not too far-fetched to think that a consolidator, like Uber, might end up walking away as one of the bigger winners once it doesn't need to pay drivers for its services, acting more as a toll booth on robotaxis than anything else."
Rapid growth in robotaxi deployment has raised expectations that Tesla shareholders will pay a premium for potential market leadership. Frontrunners in full self-driving (FSD) can build economic moats if they capture a large early market share. Tesla's planned ride-hailing app could displace existing leaders and attract massive user flows. Uber's partnerships with multiple AV firms position it as a strong competitor and potential consolidator. Nvidia's announced move into robotaxis introduces a technologically advanced rival focused on AI platforms. If customers are indifferent to provider brands, asset-light platforms like Uber could act as toll booths on robotaxis.
Read at 24/7 Wall St.
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