You really hedged that statement in a massive way!
Personally, I only expect massive demand for robo-taxis. Not massive, massive, massive demand. Because that would be exceedingly, exceedingly, exceedingly bullish.
Well, it's a pretty wide target is the thing.
You have many folks convinced
every tesla with FSD will be able to earn it's owners $30,000 or whatever per year in RT income
One pretty well known (and well sued) Friend of Elon before his most recent twitter account was deleted was telling folks they'd get their cybertruck essentially free by buying FSD and using it as a robotaxi.
Even worse folks were both projecting huge profit from Tesla running THEIR OWN RTs (all those leases you can't buy at the end were stated to be slated for that for example) and yet somehow all owners could ALSO run their car as RTs too, all of em!
I think those are pretty ridiculous claims because there's not infinite demand for RTs, and on or before 2030 Tesla will be selling 10 times more cars in
one year than there's currently taxis AND rideshare vehicles on the road in the US for example.
Now if someone's claim is RTs will replace all those existing taxis and rideshare cars? That's easily believable- outside of maybe some third world situations where charging isn't up to snuff yet I'd expect them to replace all non robo taxis everywhere else in the world and fairly quickly.
I'd also expect the total #s to be somewhat higher than present as some households decide they don't need to keep a 2nd or 3rd car around because they can use an RT if they REALLY need a spare ride once in a blue moon instead of paying insurance on a car that sits parked most of the time.
But nowhere near the amount of them some folks seem to think.
And all that is only once there actually
are Tesla RTs, which again you find....very wide ranges...of opinions on when (or for some even if) that's happening.
All of which makes it very challenging to consider as an investor.
The good news of course is even if RTs never, ever, ever, happen, there's still a slew of other massive upsides to owning TSLA, so you can value it a $0.00 and still find a myriad of reasons to invest in and own it.
And I'm only very bullish.
Speaking of I reinvested some of my sold CC money into doubling my 390 Feb 19 2021 calls since they were even more on sale this morning than when I first bought... can't imagine those don't turn out pretty well after both Q4/YE deliveries and earnings.... (though possibly given recent patterns ideal time to sell em will be in between those two)