Tasha: "This Tesla FSD Development Will DESTROY the Industry"
Summary
TLDRThis video from Tesla Stock News delves into Elon Musk's dual approach to AI, highlighting the balance between innovation and caution. It discusses Tesla's promising ventures into Robo taxis, underpinned by statistics demonstrating the safety and efficiency of autonomous driving. Ark Invest's 2024 projections are explored, revealing the potential seismic shift in transportation economics through autonomous ride-hailing services. The video also touches on the broader implications for the auto loan industry and Tesla's strategic positioning to dominate as an autonomous platform provider. The transformative potential of Tesla, driven by advancements in robotics and AI, signals a monumental shift towards a more cost-effective, safer, and environmentally friendly transportation landscape.
Takeaways
- 🚗 Elon Musk has both raised concerns about AI and pushed the boundaries of AI development with Tesla's autonomous driving technology.
- 📈 Tesla's full self-driving software is currently demonstrating a significantly safer driving record compared to human drivers, especially on city streets.
- 🤖 Advancements in large language models and generative AI, like Eureka, are expected to accelerate robotics capabilities, matching or surpassing human performance in various tasks.
- 💰 Autonomous ride-hailing has the potential to create a $1 trillion market by 2030 by drastically reducing transportation costs per mile.
- 🚀 Capturing the first 50% of urban autonomous miles could yield around 80% of the revenue in the autonomous ride-hailing market, giving Tesla a significant advantage as a first mover.
- ⚠️ The rise of electric vehicles and the potential devaluation of gas-powered vehicles could jeopardize the $1.6 trillion auto loan industry, posing risks for financial institutions.
- 🌍 Autonomous platform providers are projected to generate a staggering $28 trillion in enterprise value by 2030, surpassing traditional automakers by a significant margin.
- 🔑 Tesla's strategy may involve becoming a dominant autonomous platform provider, leasing autonomous vehicles and robots rather than selling them outright.
- 📉 The transition to autonomous ride-hailing could disrupt the traditional automotive industry and financial landscape, with potential trouble for gas-powered vehicles and their lenders.
- 🚩 Ark Invest's ambitious timeline for the rise of autonomous platform providers and the disruption of the automotive industry may face challenges, but the overall trend towards autonomous transportation seems inevitable.
Q & A
What role has Elon Musk played in the development of AI?
-Elon Musk has played a dual role in AI development. On one hand, he has cautioned about the potential dangers of AI and advocated for being careful with its advancement. On the other hand, he has pushed the boundaries of AI forward through his work at Tesla, particularly in the field of autonomous driving.
How does Tesla's full self-driving (FSD) software compare to human drivers in terms of safety?
-According to the data released at Tesla's investor day, when adjusted for city streets where the FSD beta software primarily operates, the accident rate per million miles driven suggests that Tesla's FSD is roughly five times safer than a Tesla driven by a human.
What is Ark Invest's prediction about the impact of Robo taxis on transportation costs?
-Ark Invest predicts that Robo taxis paired with electric vehicles could potentially slash the cost per mile of transportation to around 25 cents by 2030, down from the current plateau of around 70 cents per mile.
How does Tesla's autonomous driving performance compare to other companies in the industry?
-Tesla holds a significant advantage in autonomous driving, with a staggering 710 to 720 million autonomous miles driven annually. In comparison, other companies like Cruise struggle with imminent shutdown after only 43,000 miles before accidents, primarily on surface streets.
What are the implications of the transition to electric and autonomous vehicles for the auto loan industry?
-As electric vehicle production doubles, costs decrease by 24 to 28%, potentially devaluing gas-powered vehicles significantly. This could jeopardize the $1.6 trillion in auto loans linked to gas-powered vehicles, posing substantial risks to financial institutions and the auto industry's financial ecosystem.
What is Ark Invest's prediction regarding the enterprise value of autonomous platform providers by 2030?
-Ark Invest forecasts that autonomous platform providers could generate a staggering $28 trillion in enterprise value by 2030, approximately nine times the combined revenue of all auto manufacturers in 2023.
How does Tesla's potential revenue distribution compare to other players in the autonomous vehicle industry by 2030?
-By 2030, while autonomous electric vehicle manufacturers are projected to generate around $900 billion in revenue, fleet owners could rake in $3.2 trillion. However, autonomous platform providers, like Tesla, could amass a staggering $3.8 trillion in revenue and a whopping $28.1 trillion in enterprise value.
What is Tesla's likely strategy to position itself as a dominant autonomous platform provider?
-Tesla's likely strategy involves building and operating its own fleet of autonomous vehicles, bypassing the need to share profits with third parties. This move positions Tesla to emerge as a giant in the autonomous vehicle industry, particularly in the Western world.
How could Tesla's focus shift from selling vehicles to leasing and platform provision?
-Tesla's potential extends beyond vehicles, with ventures like humanoid bots. Their focus could shift to leasing rather than selling, maximizing revenue streams. Tesla could evolve into a one-stop shop for mobility and autonomous services.
Outlines
🚗 Tesla's Autonomous Vision and Market Impact
Elon Musk's dual approach of caution and innovation towards AI and autonomous technology is highlighted, with a particular focus on Tesla's potential in the Robo-taxi sector. Data presented at Tesla's investor day suggests that Tesla's Full Self-Driving (FSD) software significantly reduces accident rates, making it safer than human drivers. This safety factor, coupled with the efficiency of autonomous driving, positions Tesla as a leader in the future of transportation. The narrative further explores ARK Invest's research on the economic implications of autonomous vehicles, including Robo-taxis' potential to drastically reduce transportation costs and dominate future markets. The discussion includes a historical cost comparison of transportation modes and forecasts the revolutionary impact of autonomous, electric ride-hailing services on the auto industry's financial landscape, including loan delinquency concerns for traditional automakers.
🔍 The Future of Transportation: Tesla and Autonomous Platforms
This section delves into the transformative potential of autonomous ride-hailing services, predicting a significant market expansion and cost reduction. It emphasizes Tesla's strategic position to capitalize on this shift, leveraging its manufacturing and software development strengths. The narrative highlights the financial implications for the auto loan industry amid the rise of electric vehicles (EVs) and the decreasing value of gas-powered cars. ARK Invest's projections suggest autonomous platform providers, like Tesla, could generate immense enterprise value, indicating a pivotal shift towards service-based business models. The discussion also touches on the broader impacts on the automotive landscape, including safety improvements and the environmental benefits of transitioning to electric and autonomous vehicles.
🌟 Tesla's Strategic Pivot: Beyond Vehicle Sales
The focus shifts towards Tesla's broader strategic pivot from selling vehicles to providing autonomous platforms and services, including leasing humanoid bots. This transformative strategy is poised to drive exponential growth for Tesla, positioning it as a dominant player in the autonomous vehicle industry and beyond. The potential for Tesla to disrupt traditional vehicle sales with ride-hailing services and the significant implications for the financial industry and gas-powered vehicle market are discussed. The narrative underscores the importance of Tesla's move towards becoming an autonomous platform provider, potentially reshaping transportation, reducing consumer costs, and significantly impacting the auto industry's financial ecosystem.
Mindmap
Keywords
💡Autonomous Driving
💡Robo Taxi
💡Autonomous Miles
💡Autonomous Platform Provider
💡Robo Taxi Market
💡Enterprise Value
💡Fleet Owners
💡Generative AI
💡Delinquency Rates
💡First Mover
Highlights
Elon Musk has expressed both caution and pushed the boundaries of AI forward in his work, and he could potentially launch a chat competitor at some point.
For Tesla, the opportunity is in Robo taxis, and early signs suggest that autonomous driving is already safer than humans.
At Tesla's investor day, they released the accident rate per million miles driven in the full self-driving data software for the first time, and if adjusted for city streets, it suggests Tesla FSD is roughly five times safer than a human-driven Tesla.
Ark Invest shared their latest research paper for 2024, packed with innovative ideas, highlighting the transformative impact of Robo taxis on transportation and suggesting Tesla could dominate the market.
Ark Invest predicts Robo taxis paired with electric vehicles could slash the cost to potentially 25 cents per mile by 2030, significantly reducing lifetime transportation expenses.
Tesla holds a significant advantage in activating autonomous Robo taxi services if they can overcome technological and regulatory hurdles.
Currently, Tesla with full self-driving and human supervision offers a much safer option compared to other vehicles on the road, averaging 3.2 million miles per crash on surface streets, 16 times safer than the national average.
Transitioning to electric and autonomous vehicles could potentially save around 10,000 lives annually in the United States alone by 2030 by addressing health risks posed by gas emissions.
In 2024, large language models and generative AI are poised to accelerate robotics advancements, with Eureka matching or even surpassing human performance across various domains.
Capturing the first 50% of urban autonomous miles could yield the lion's share of earnings in this market, and whoever spearheads this initial phase stands to gain roughly 80% of the revenue.
Tesla is strategically positioned to dominate this crucial phase, securing a significant portion of the initial market share and access to a substantial chunk of the revenue pool.
Rising delinquency rates in both subprime and prime auto loans indicate a looming crisis, as the ongoing cost reduction trend for EVs could devalue gas-powered vehicles significantly, jeopardizing the $1.6 trillion in auto loans linked to them.
Ark forecasts that autonomous platform providers could generate a staggering $28 trillion in Enterprise Value by 2030, indicating the immense potential not just for Tesla's vehicles but also for ventures like the Tesla bot.
By 2030, autonomous platform providers are projected to amass a staggering $3.8 trillion in revenue and $28.1 trillion in Enterprise Value, overshadowing other players in the industry.
Tesla's likely strategy involves building and operating its own fleet of autonomous vehicles, positioning itself to emerge as a giant in the autonomous vehicle industry, particularly in the western world, and evolving into a one-stop platform provider offering everything from autonomous vehicles to humanoid bots for lease.
Transcripts
Elon Musk has always um you know both
raised caution and and sort of pushed uh
the boundaries of AI forward um in his
work so so he's You Know spoken out a
number of times about how we should be
careful you know he he even said that he
could potentially launch a chat chut
competitor at some point uh so I guess
I'm not surprised to hear the concerns
but um I you know in this case again I
think he's for Tesla in particular the
opportunity is really in Robo taxi and
we're actually seeing early signs that
autonomous driving is already safer than
humans so at Tesla's invester day you
know they released the accident rate per
million miles driven in the full
self-driving data software for the first
time um if you adjust that rate for uh
city streets because up until the most
recent release that's really where um
the FSD beta software worked is on on
city streets it would suggest that um a
Tesla nfsd is roughly five times safer
than a Tesla driven by today we're
venturing into Uncharted Territory as we
unravel the enigmatic dance between
autonomous vehicles and the financial
landscape get ready to buckle up as we
navigate through ark's Visionary
projections decode Tesla's strategic
moves and paint a picture of what lies
Beyond the Horizon for this pioneering
company so grab your virtual steering
wheels and join us on this exhilarating
Journey Into the Heart of innovation but
before we dive any deeper if you haven't
yet make sure to like And subscribe to
our Channel welcome to Tesla stock news
strap in because this ride is going to
be
electrifying recently Ark invest shared
their latest research paper for 2024
packed with innovative ideas just like
in previous years one remarkable
highlight revolves around the
transformative impact of Robo taxis on
Transportation suggesting Tesla could
dominate the market the paper explores
how Tesla's business model for Optimus
their Tesla bot might intersect with
Robo taxis promising a fascinating
evolution in the industry now picture
this
autonomous ride hailing could
revolutionize point-to-point
Transportation take a trip down memory
lane to 1871 where horse drawn carriages
cost a hefty $1.70 for a mile fast
forward to 1934 postmodel T era and the
cost dropped to a mere 7 cents per mile
but here's the kicker since then it's
plateaued around 70 cents a mile for
ages Arc invest predicts a game changer
Robo taxis paired with electric vehicles
slashing cost to potentially 25 cents a
mile by 2030 that's ambitious right but
even if it takes a tad longer say until
2035 the impact Monumental we're talking
about having our lifetime Transportation
expenses in just a decade or so now
let's talk numbers currently Robo taxi
passenger trips are at an annualized
rate of around 2 million spanning
roughly 20 cities impressive but
compared to the trillions of miles
driven yearly it's a drop in the bucket
look to the left and you'll spot Buu
leading the pack in China with 1.5 to
1.6 million miles followed by whale with
around 0.5 million but here's the twist
autonomous miles run rate this isn't
your typical taxi ride it's miles
clocked autonomously like with Tesla's
full self-driving option and guess who's
zooming ahead yep Tesla with a
staggering 710 to 720 million autonomous
miles annually Tesla holds a significant
Advantage if they can successfully
activate autonomous Robo taxi services
however this transition involves
overcoming technological and Regulatory
hurdles currently arc's data indicates
that Tesla with full self-driving and
human supervision offers a much safer
option compared to other vehicles on the
road looking at the statistics Vehicles
like Cruise facing imminent shutdown
only managed about 43,000 Mi before
accidents primarily on surface streets
Tesla especially on highways performs
considerably better due to the less
complex driving environment in contrast
W while restricted to certain cities
boast safety levels over twice that of
the national average for human drivers
human human driven Teslas equipped with
built-in safety features also outperform
conventional vehicles and even wage yet
the most striking data emerges with
Tesla's full self-driving on surface
streets averaging 3.2 million miles per
crash a remarkable 16 times safer than
the national average this underscores
Tesla's position as the safest option on
the road especially when prioritizing
safety furthermore transitioning to
electric and autonomous vehicles could
potentially save around 10,000 lives
annually in the United States Alone by
2030 addressing the significant health
risks posed by gas emissions from
traditional vehicles in a breakthrough
for 2024 large language models and
generative AI are poised to accelerate
robotics advancements the standout here
is Eureka marked by the purple bar a
model that requires minimal manual input
and can grasp tasks instantly without
prior examples on the spectrum of tasks
shown to the right Eureka matches or
even surpasses human performance across
various domains this signifies a
significant leap indicating that current
Technologies when combined with robotics
can handle tasks as competently as if
not better than humans shifting Focus
let's revisit a slide from last year's
Big Ideas in 2023 it predicts that
autonomous ride hailing could open up a
staggering 1 trillion dollar market in
transportation by slashing the cost per
mile transitioning from personal vehicle
ownership to Affordable autonomous ride
hailing the potential for increased
utilization sky Rockets the graph
illustrates this transition from the
current market at doll2 to doll4 per
mile to a trillion Doll Market at1 one
per mile and further expansions as the
cost per mile drops ark's projection of
achieving this by 2030 Heralds a
Monumental shift in transportation
Dynamics with the potential to disrupt
the entire landscape zooming Into the
Heart of the matter we encounter a
pivotal slide it underscores that
capturing the first 50% of urban
autonomous miles could yield the Lion
Share of earnings in this market as the
graph depicts whoever spearheads the
initial 50% of ride hailing vehicles in
urban environments stands to gain
roughly 80% of the revenue P Tesla with
its extensive Fleet manufacturing
capabilities and forthcoming affordable
Robo taxi ready Vehicles is
strategically positioned to dominate
this crucial phase securing a
significant portion of this initial
market share could Grant Tesla access to
a substantial chunk about 80% of the
revenue pool leaving latecomers with
only a sliver of the earnings a
significant Advantage lies with Tesla as
the first mover in the autonomous
vehicle arena with both Advanced
software and Hardware integrated into
their vehicles along with their
unparalleled manufacturing capabilities
Tesla stands out in the field while
other players like byd excel in mass
production they lag behind in autonomous
software development compared to Tesla
shifting gears to the impact on the auto
loan industry there's concerning news
for traditional automakers
the graph highlights the rising
delinquency rates in both subprime and
Prime Auto Loans indicating a looming
crisis arc's analysis based on rights
law suggests that as electric vehicle
production doubles costs decrease by
around 24 to
28% this ongoing cost reduction trend
for EVS could devalue gas powered
vehicles significantly potentially
jeopardizing the $1.6 trillion in autol
loans linked to them financial
institutions including Banks and the
financial arms of Legacy Automotive
dealers face substantial risks as gas
powered vehicles lose value rapidly and
interest rates climb borrowers May
default on loans leaving lenders at a
loss this disruption poses a significant
challenge to the auto industry's
Financial ecosystem looking ahead Arc
forecasts that autonomous platform
providers could generate a staggering
$28 trillion in Enterprise Value by 2030
this prediction holds implications not
just for Tesla's vehicles but also for
ventures like the Tesla bot as the
landscape evolves it's crucial for Tesla
to strategize accordingly to capitalize
on this immense potential for autonomous
platform providers grasping the enormity
of $28 trillion is crucial it's
approximately nine times the combined
revenue of all auto manufacturers in
2023 speaking of navigating the future
of Tesla and its potential you know who
else shares in prot Tesla optimism our
friends over at Seeking Alpha when it
comes to Tesla's impressive growth it's
not just about observing from the
sidelines for Tesla bulls and those with
a Keen Eye for uncovering the next stock
market gem Seeking Alpha is your
One-Stop shop offering the latest on
Tesla Tesla stock price targets Tesla
Innovation and everything Elon Musk
Seeking Alpha is one of the best prot
Tesla news sources on the internet
sidestep the anti-tesla noise of the
lamestream media and get straight to the
facts check out the link in the
description for a special discount
looking ahead to 2030 the landscape
shifts significantly we're talking about
autonomous electric vehicle
manufacturers Fleet owners and emerging
autonomous platform providers a new
player in the mix what's striking is the
revenue distribution while autonomous
electric vehicle manufacturers are
projected to generate around $900
billion Fleet owners could rake in $3.2
trillion but it's the autonomous
platform providers who steal the show
poised to amass a staggering $3.8
trillion in Revenue however it's not
just about Revenue it's about Enterprise
Value and in this aspect autonomous
platform providers dwarf the competition
with Enterprise values reaching $ 28.1
trillion they overshadow the Rest by a
significant margin for a company like
Tesla this Revelation is profound the
real money isn't in selling electric
vehicles it's in becoming a dominant
Force as an autonomous platform provider
Tesla's likely strategy involves
building and operating its own Fleet of
autonomous vehicles bypassing the need
to share profits with third parties this
move positions Tesla to emerge as a
giant in the autonomous vehicle industry
particularly in the western world
moreover Tesla's potential extends
Beyond vehicles with Ventures like
humanoid Bots their focus could shift to
leasing rather than selling maximizing
revenue streams in essence Tesla could
evolve into a One-Stop platform provider
offering everything from autonomous
vehicles to humanoid Bots for lease this
transformative shift promises
exponential growth propelling Tesla's
value to unprecedented Heights as we
navigate this disruptive landscape it's
essential to keep the $ 28.1 trillion
figure in mind Tesla's trajectory
suggests a future where purchasing their
vehicles outright becomes less common
replaced by ride hailing services that
funnel The Lion's Share of Revenue back
to Tesla while ark's timeline might be
ambitious the inevitability of this
transformation looms large it spells
trouble for gas powered vehicles and
financial institutions heavily invested
in them but bodess well for consumers
driving down costs per mile and for
those invested in Tesla the Outlook
appears promising albe it not Financial
advice always conduct your research we
reached the end of of this video today
we've delved into the transformative
potential of Tesla as an autonomous
platform provider unraveled the
implications of arc's projections and
explored the disruptive shifts in the
Auto industry's financial landscape now
let's engage further what are your
thoughts on Tesla's strategy to focus on
autonomous platform provision over
traditional vehicle sales do you believe
arc's ambitious timeline for autonomous
platform providers is achievable or do
you foresee a more extended transition
period how do you think Tesla's
dominance in this realm will impact the
wider Automotive landscape share your
insights in the comments below and if
you found this discussion insightful
don't forget to give this video a thumbs
up and subscribe to Tesla stock news for
more videos thanks for watching and see
you in the next one
تصفح المزيد من مقاطع الفيديو ذات الصلة
Elon Musk Just Made Tesla Investors 10X More Bullish & $30 MILLION For Palantir | Ep. 6
Mark The Calander, Dan Ives Says This Dirt-Cheap Stock Will Surpass Nvidia In 1 Year Max. Get In Now
Why Elon Musk Is Betting Big On Supercomputers To Boost Tesla And xAI
Tesla’nın Geleceğini Nasıl Görüyorum?
Tesla Is Already Losing the Robotaxi Wars
⚡Tesla: A Story of Innovation 💡and Destruction 🔥
5.0 / 5 (0 votes)