Part 5/8:
The economic landscape in different regions enhances the attractiveness of the Tesla robo-taxi model. In wealthier countries, where the cost of human labor is substantially higher, there’s a larger economic incentive to replace human drivers with autonomous technology. In contrast, labor costs in places like Thailand are significantly lower, leading to a slower transition to a robo-taxi economy.
Nonetheless, as the technology matures, it’s anticipated that consumers in all regions may gradually shift away from vehicle ownership. The expectation is that, as operational costs shrink and the convenience of robo-taxis becomes evident, the average consumer will have compelling reasons to forgo owning a personal vehicle.