"Analyst Rob Wertheimer said Tesla will lead the charge in world-changing tech, given the company's focus on self-driving, autonomy, and Robotaxi. In a note to investors, Wertheimer said "the world is about to change, dramatically," because of the advent of self-driving cars. He looks at the industry and sees many potential players, but the firm says there will only be one true winner: "Our point is not that Tesla is at risk, it's that everybody else is.""
"The major argument is that autonomy is nearing a tipping point where years of chipping away at the software and data needed to develop a sound, safe, and effective form of autonomous driving technology turn into an avalanche of progress. Wertheimer believes autonomy is a $7 trillion sector," and in the coming years, investors will see "hundreds of billions in value shift to Tesla.""
Melius elevated Tesla to "must own" status based on the company's focus on self-driving, autonomy, and Robotaxi. The firm projects autonomy as a roughly $7 trillion sector and expects hundreds of billions of value to shift to Tesla as the technology reaches a tipping point. Tesla's advantages include a massive vehicle data pool, a shift to end-to-end neural nets in 2021 and 2022, and the upcoming AI5 chip slated for limited deployment next year and wider rollout by 2027. Limited consumer exposure so far (only tens of thousands tried FSD v14) leaves room for rapid adoption once widespread rollouts occur.
Read at TESLARATI
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