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DilettanteQuant | 1 year ago
If the vehicles can generate revenue people will buy them looking to make money for themselves. Tesla makes money on the sale and the recurring ride hailing revenue. If 1% of consumer vehicles sold are autonomous robo-taxis that alone makes a significant bump in Tesla's bottom line.
Just did a quick search for ride sharing TAM ~100 billion. If Tesla can capture some of that at high margin (bc no driver). It's a lot of money.
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