Tesla Has $1 Trillion Opportunity In This Segment, Says Ark — And Elon Musk May Be On The Move Already

Each of Tesla’s autonomous ride-hail vehicles can generate $20,000 annually, Ark Invest estimates. New product opportunities for Tesla include drones or last-mile delivery robots, the firm said. bull Cathie Wood -run Ark Invest on Tuesday provided some insights into what the electric vehicle maker would be up to in the near- and medium-term. What Happened: CEO Elon Musk and his team hinted on the company’s earnings call held this Wednesday that some new products, including an inference computer for applications beyond automotive, could be in the pipeline. Some of these applications will blow people’s minds when revealed, the billionaire said on the call. Ark Invest analyst Tasha Keeney said Tesla’s data library and training/inference tools are positioning the company to build other autonomous machines that navigate the physical world. These could include drones or last-mile delivery robots, she added. This could be an attractive opportunity for Tesla, going by Ark’s estimate that real-time delivery robots that fly and roll could generate $1 trillion in revenue in 2030. This is in addition to the humanoid robot Optimus the company is building and the robotaxi service it is planning for, the analyst said. Robotaxi, A Big Opportunity: Musk sees autonomous taxi […]

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