Tesla has already been through this.
Several years
ago, Cathie Wood of ARK Invest suggested that Tesla start immediately with a human operator and get ride sharing going immedately. Elon said words to the effect of '
yeah, we could do that...'
Of course, Tesla
didn't do that. That is ARK's idea to enhance their vision for the future, not Tesla's. A technology company is planning a technological solution. Surprising? Not really. Meanwhile, ARK doesn't
include Tesla Energy in their model, which focuses on ride hailing.
We
discussed the reasons here at the time: HR nightmare as automomy replaces human drivers, all the issues with payroll, benefits, taxes, and lost time. That's NOT how Tesla plans to solve this problem. ARK will just continue to swing trade, as they've done for years (while underperforming TSLA hodl'ers)
That's not the 1st time Cathie Wood got Tesla's business plan wrong: ARK stated they expected Tesla to need to go
back to the Market for $15B in equity raises to fund Tesla's expansion plans. Instead, Tesla has self-funded thru covfefe, interest rate hikes, in spite of a looming recession, all the while paying off debt and building their cash pile. Remarkable.
TL;dr TSLA>ARK>CNBC