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By shelitaauto
Source: Gasgoo
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link hidden, please login to view Cathie Wood of Ark Investment Management said Tesla’s move into the more profitable business of self-driving taxi platforms would boost its share price by about 10 times. That echoes years of optimism about Tesla’s self-driving business.
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Wood believes the self-driving taxi ecosystem will be worth $8 trillion to $10 trillion globally, with platform providers such as Tesla taking half of that. Speaking on the Tiger Money podcast, Wood revealed that investors are shifting the way they value Tesla, not just as an electric car maker, but also the potential of its self-driving taxis. Wood said: “The autonomous taxi platform is the fastest growing AI project today, and Ark is primarily valuing it based on Tesla’s autonomous driving potential. If we’re right, there’s plenty of room for Tesla’s stock price to grow.” Optimism over Tesla’s efforts to bring self-driving taxis to market has helped its shares recover a 43 per cent fall in the year to April 22. Wood said the self-driving taxi network will provide A “winner-takes-all” opportunity, with providers that can get passengers from point A to point B in the safest and fastest way winning the lion’s share of business. She added that autonomous taxi network providers will be able to capture 30 to 50 percent of the revenue generated by fleet owners on the platform, resulting in “growing explosive cash flows” and profit margins of more than 50 percent. This is different from the “make and sell” or “one-off” business model of traditional car manufacturing. “We think people are missing that: the size of the opportunity, the speed of expansion, and how profitable it will be,” Wood said. She expects Tesla to dominate the U.S. self-driving taxi market. Last week, Tesla had a weighting of more than 15% in the $6.5 billion Ark Innovation ETF. Wood said the fund has taken some profits off Tesla, allowing the stock to trade above its normal cap because they believe Tesla is about to reveal more information about its self-driving taxi project. According to a Bloomberg report on July 18, Tesla has delayed the launch of its self-driving taxi by two months to October, originally scheduled for August, to give the team more time to produce more prototypes. The news sent Tesla shares down 8.4%, their biggest one-day drop since January. But Wood doesn’t mind. “We may be closer to the self-driving taxi opportunity than we are further away, and Musk may want to do better and think it is possible by October,” Wood said. Fang’s valuation model does not yet take into account Tesla’s potential in China or in humanoid robotics and energy storage. In April, Tesla, which reached a mapping and navigation deal with Chinese tech giant Baidu Inc and met data security and privacy protection requirements, has already received approval in principle from Chinese officials to deploy its self-driving assistance system to China, the world’s largest auto market. -
By jeff C
I've been looking everywhere for a replacement driveshaft for my automatic 2006 saab92x and I can't find one. Is it even replaceable?
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By CarPartAU
Are you looking for some stores to buy used or new car parts? If so, then Car Part is the place for you. Rather than sharing a limited list of stores, we at Car Part have come with the list of the best link hidden, please login to view. These sites will connect you with a large number of car part sellers across Australia. Without wasting much time, fill out the form and click send a request button. To know more, visit us today.
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By markbenn
In the hustle and bustle of our daily lives, it’s easy to overlook the care that our vehicles need to perform at their best. However, beneath the hood lies a complex machinery that requires regular attention and maintenance. Welcome to a journey where we unveil the myriad benefits that come with making regular visits to your trusted car workshop. From performance enhancements to ensuring safety on the road, the advantages of routine professional care are both extensive and impactful.
1. Performance Optimization: The Tuning Touch
One of the most noticeable benefits of regular car workshop visits is the optimized performance of your vehicle. Expert mechanics have the know-how to fine-tune your engine, ensuring it operates at its peak efficiency. From adjusting the fuel injection system to optimizing the ignition timing, these tweaks contribute to a smoother and more powerful driving experience. Your car becomes a well-oiled machine, responding to your commands with precision and grace.
2. Preventive Maintenance: Nipping Issues in the Bud
Prevention is often better than cure, and this holds true in the world of automotive care. Regular workshop visits involve thorough inspections and diagnostics, allowing mechanics to identify potential issues before they escalate into major problems. From checking fluid levels to inspecting the braking system, these preventive measures can save you from costly repairs down the road. It’s a proactive approach to car care that keeps you ahead of the curve.
3. Fuel Efficiency Unleashed: The Economic Advantage
In a world where fuel prices can fluctuate, every drop counts. Regular car servicing plays a crucial role in maintaining optimal fuel efficiency. Mechanics ensure that your engine is running at its most efficient, preventing fuel wastage. Simple adjustments and replacements, such as changing air filters and spark plugs, can have a significant impact on your car’s mileage. The result? More miles per gallon and less strain on your wallet at the pump.
4. Safety First: Ensuring Roadworthiness
Safety should always be a top priority on the road, and regular car workshop visits contribute significantly to this aspect. Mechanics conduct comprehensive safety checks, examining crucial components like brakes, lights, and tires. Identifying and addressing potential safety hazards ensures that you and your passengers are protected while driving. It’s not just about keeping your car in good shape; it’s about safeguarding lives on the road.
5. Resale Value Resilience: Investing in the Future
Beyond immediate benefits, regular workshop visits contribute to the long-term value of your vehicle. A well-maintained car with a comprehensive service history is more attractive to potential buyers. When the time comes to upgrade or sell, having a record of regular professional care can significantly boost your car’s resale value. It’s an investment in the future that pays off when you decide to part ways with your trusted vehicle.
6. Technology Triumphs: Staying Current in the Automotive World
The automotive industry is constantly evolving, with new technologies emerging to enhance the driving experience. Regular workshop visits keep your car abreast of these innovations. Whether it’s updating software systems, integrating new safety features, or addressing recalls, staying connected to your workshop ensures that your vehicle remains technologically competitive. Embracing these advancements not only improves your driving experience but also enhances the overall safety and efficiency of your car.
7. Peace of Mind Driving: The Emotional Benefits
Last but certainly not least, there’s a unique peace of mind that comes with knowing your vehicle is in expert hands. Regular car workshop visits mean that your car is receiving the care it deserves. You can drive with confidence, knowing that potential issues are being addressed, and your vehicle is well-prepared for the challenges of the road. It’s an emotional benefit that extends beyond the mechanical aspects, fostering a worry-free and enjoyable driving experience.
How Service My Car Assists You?
Have you reached a point where you’re questioning, “Where can I find the top car workshop for my Car?” Look no further. At Service My Car, we provide premium car servicing, repair, and link hidden, please login to view services, always within your reach. With specialized service offerings for your car and comprehensive service packages, we ensure the collection and drop-off of your vehicle following its maintenance.
In conclusion, the benefits of regular car workshop visits extend far beyond the basic idea of maintenance. It’s about unlocking the full potential of your vehicle, ensuring safety, optimizing performance, and making a wise investment in its longevity. So, the next time you hear the call for routine maintenance, embrace it as an opportunity to unveil the hidden advantages that come with caring for your car. After all, it’s not just a vehicle; it’s a companion on the journey of life.
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