Tesla: Unbelievable Profitability From Self Driving

in Threespeak4 years ago (edited)

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As mentioned in a video last week (this one was filmed but delayed by the 3Speak issue) I discussed how I ran different models regarding Tesla's future.

Consider if this company, instead of making 20% on a car, was able to make 500%. What would that do for profitability.

In this video I discuss how Tesla could, by the middle of this decade, stop selling cars and instead operate an autonomous fleet. This shift will alter the landscape of transportation.


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In my opinion, Tesla does have a lead on the autonomous self driving cars but I don't think they are far ahead of the competition. According to some of my previous research, Tesla worked with a different company before going on their own for this. That other company is now working with the other car companies so Tesla has two advantages but they are not completely out of possibility advantages. It is 1)data due to their own cars and 2)any information they gained after breaking their partnership.

So Tesla is probably a few years ahead of other car companies but it is not impossible for other car companies to catch up. After all, they just rely on someone else to do the self-driving part for them.

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Mobileye is certain still a player. However, all these companies have a severe disadvantage.

AI still basically rest on data and computational power.

When it comes to autonomous driving, nobody is anywhere close to Telsa. They have over a million cars on the road, with 8 cameras, each snapping 30 pictures a second. That is a ton of data that the others do not have.

Plus with Dojo which will be an AI exascale computer, they will have by far the fastest computer out there.

Thus my take is that it will be difficult for the other companies to catch up with autonomous driving.

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The robots are coming for all our jobs. I would not want to be a young truck driver right now.

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Each young driver chooses his own path. The taste of driving is a nice bonus, which allows you to earn not only money for driving, but also pleasure.

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Isn't that the truth?

But you could say that about a lot of jobs.

Software is actually going to replace a lot more since it doesnt have to deal with as many issues.

The world is changing rapidly.

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This is honestly very possible and Elon has been a heavy hitter for infrastructure. Just last month he quoted the mayor here in Florida to dig a 2 mile long underground tunnel for just 30 million compared to the 1 billion offered by local transit officials. The entire tunnel would be autonomous cars. Two miles might not seem like a lot but it's enough for work which is one of the biggest congestion issues of any city.

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His Boring Company is making major strides. There is a lot going on and he is going to converge a lot of this stuff.

Bet the ranch the vehicles that will travel the the 2 miles will mostly be Teslas. If it is hyperloop, that is what is being set up (in Vegas I think).

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Elon was able to create a brand, a brand that is worth a lot more than all the cars put together.

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I think it also depends on the amount of sales
Some sell in small quantities and make a big profit
And the other is the other way around
You should have a good plan of targeting the largest possible class to sell to

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Consider if this company, instead of making 20% on a car, was able to make 500%. What would that do for profitability.
In this video I discuss how Tesla could, by the middle of this decade, stop selling cars and instead operate an autonomous fleet

@taskmaster4450le and that would really be great and also an exciting times for those who invest on TSLA....

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whatever shifts that happen will definitely help the transportation sector across the world.....

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