Part 6/8:
Wong also discussed potential challenges in introducing a new model without damaging the established Tesla brand. Differentiation is key; thus, while the Cyber Cab is a valuable addition to Tesla’s lineup, it's imperative that it does not cannibalize sales from more premium models. By understanding the nuances of the market, Tesla hopes to maintain a variety of offerings without overshadowing high-end models like the Model S and Model X.
Moreover, the prospect of an autonomous ride-sharing fleet adds another layer to Tesla's strategic positioning in the automotive sector. Wong mentions that the future may see a shift towards fleet ownership rather than individual ownership, particularly with the expected rise in the use of robo-taxi services.