"Indeed, a tough quarter or two of EV sales may not be significant if Tesla ultimately captures a big chunk of the robotaxi market. And while Google's Waymo seems to be the top name to beat in the nascent world of self-driving vehicles, I do think that Tesla's unique take on self-driving tech might just prove the one to beat over the longer term."
"If Tesla can pull off self-driving, that's just as good without the need for a handful of lidar and radar sensors; perhaps the EV pioneer might offer the more economical solution as Elon Musk and company punch their ticket to the red-hot robotaxi race. Of course, time will tell if lidar and radar are really 100% necessary, or if all it takes is a powerful AI to get the job done well."
"With Tesla delivering investors and analysts with another huge surprise on Tuesday, pulling the curtain on its much-anticipated more-affordable versions of the Model Y and Model 3 electric vehicles (EVs), there's another reason for everyone to head right back to the drawing board. Indeed, Tesla sales have been under a bit of pressure in recent quarters. But the road bump, which seems due to rising competition, seems more than worth riding out if you're in the belief that Tesla is an AI company that's about to break into new markets."
Investor views on Tesla are sharply divided between strong bulls and staunch bears. Tesla unveiled more-affordable Model Y and Model 3 versions, prompting reassessment of expectations. Recent Tesla sales have shown pressure in recent quarters, partly due to rising competition. Some investors consider short-term sales weakness tolerable if Tesla secures a large share of a future robotaxi market. Waymo is viewed as a leading contender in self-driving, while Tesla pursues a distinct, AI-centric, vision-based approach that downplays lidar and radar. If Tesla achieves reliable self-driving using powerful AI, it could offer a more economical robotaxi solution.
Read at 24/7 Wall St.
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