{"id":249441,"date":"2024-04-24T01:14:06","date_gmt":"2024-04-24T01:14:06","guid":{"rendered":"https:\/\/news.republicofgreen.com\/tsla-is-now-all-about-ai-robotaxis\/"},"modified":"2024-04-24T01:14:12","modified_gmt":"2024-04-24T01:14:12","slug":"tsla-is-now-all-about-ai-robotaxis","status":"publish","type":"post","link":"https:\/\/news.republicofgreen.com\/tsla-is-now-all-about-ai-robotaxis\/","title":{"rendered":"TSLA Is Now ALL About AI & Robotaxis"},"content":{"rendered":"
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!<\/em><\/p>\n Tesla CEO Elon Musk made it absolutely clear on today\u2019s Tesla conference call: if you don\u2019t believe in Tesla\u2019s AI work and robotaxi plans, you shouldn\u2019t be invested in Tesla stock (NASDAQ:TSLA). The company is not fundamentally a car company, as he noted. It\u2019s fundamentally an AI company.<\/p>\n I think that\u2019s already clear based on the company\u2019s market cap. Many analysts have argued for years that they don\u2019t take robotaxi potential into account, that it\u2019s really about the nuts and bolts of making money on selling cars, trucks, batteries, and solar panels. However, if you are assuming that\u2019s the case, this disparity in market cap makes no sense:<\/p>\n<\/p>\n I guess it\u2019s possible that you could assume Tesla will make 10 times as many cars \u2014 or 10 times as much profit on cars and…<\/p>\n<\/div>\n
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