ARK Invest forecasts that Tesla will establish its Robotaxi Network before competitors develop theirs, allowing Tesla to capture a significant portion of the autonomous ride-hailing market.
Tasha Keeney highlighted Tesla's strategy to target a market exceeding $10 trillion globally, noting that its lower-priced robotaxi rides will compete fiercely against traditional ride-hailing services.
Comparing costs, Keeney pointed out that while traditional ride-hailing averages ~$2.4 per mile, Tesla envisions robotaxi rides costing as low as $0.30 to $0.40 per mile.
Keeney emphasized Tesla's competitive advantages, citing its extensive data collection from existing vehicles and substantial manufacturing capacity to expedite the growth of its Robotaxi Network.
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