cThe main reason why Pierre Ferragu is not super bullish on robotaxis is that he thinks Tesla will need to work too hard to convince customers to book a robotaxi and will instead choose to take a driven Uber. I found this surprising as there a great deal of early adopters in the world that will jump at the chance imo. Do the non super bulls here agree? Most non super bulls tend to think that FSD won't be ready in the next 5 years.
Yeah, that struck me as odd as well. For all the reasons you could be against robotaxis arguing entrenched marketplace - weird.
Still very bullish considering that despite discounting robotaxi he had no qualms about proclaiming a) Tesla will be most valuable company and b) very soon.
Weird combination of beliefs, but ... whatever.
Hm ... he could be actually be on point in that the extreme LEAN-ness and efficiency and speed of ramping up production profitably has shocked even uber-bulls like Dave and SMR and many TMC'ers as well.
And even Wall Street is (slowly, and a few quarters behind) starting to
get it. Those extreme production numbers, GM and net profit numbers are available to Wall Street. For the first time in many years, Tesla speaks a language which the Street actually understands, namely money. Up goes the valuations.
Tesla really could dethrone Apple in 2-3 years. The numbers have that much potential, if the execution follows suit.
Imagine:
Just when Tesla has toppled Apple, and Teslas production has done extreme ramping and production and is in the 5-10 million yearly range THEN comes the coup de grace: FSD and then robotaxi rollout on several continents. In itself: mind-blowing.
And with a huge installed base, and millions upon millions of new robotaxi-capable cars flooding out of the Gigafactories every year it will a sight to behold.
An epic tale of conquest for the ages.
