[gerad]

Will robotaxis be a commodity by the time Tesla ships a viable product?

[lupusreal]

Even if Tesla gets it working, it will never be popular enough to justify their valuation. It's a niche product that will only compete with traditional taxis/ubers in urban areas, it has no chance of competing with car ownership at large, which is what Tesla's investors think it will do.

[oceanplexian]

If Tesla only did trucking, that alone is a $1T industry. Now imagine they take a bite out of that, a bite out of Uber and Lyft, food delivery, transportation for an increasingly aging population, continue to make large investments in energy, robotics, etc. It's not that crazy of a valuation.

[the8472]

The majority of people lives in urban areas, especially in high income countries.

[Spivak]

I'm not sure why anyone thinks it will compete with car ownership. You know what's better than an autonomous taxi, a private autonomous taxi that's just for you.