😰 Tesla $TSLA seems to have had a rocky start to the robotaxi rollout this week with videos surfacing of the cars driving into the wrong lanes, aggressively breaking, speeding, etc. As I was deep-diving into the story for the Weekly Buzz the thing that stood out most to me was that ~60% of Tesla's $1T valuation is estimated to already be based on the robotaxi, and so many analysts beleive the robotaxi opportunity is already priced into the shares. There are many other analysts that also question the potential of the robotaxi business as Tesla is not the only player in the space (i.e. Waymo has been operating since 2022), and $UBER (which currently dominates ride-sharing) has 1/5th the valuation of Tesla. The main argument I see as pro-Tesla in the Robotaxi wars is that Waymo is reliant on LIDAR which is significantly more expensive and can't be rolled out without months of mapping, but it still seems unclear whether Tesla's 'camera-only' approach will pay off or be a setback. 👀 I know there are 14,000 Tesla shareholders here on Blossom, so I'm curious about everyone's reactions. Personally, I sold my Tesla shares back in January for a nice return 🤑
I’m going to come into this comment section with some… HEAT.👇 Long $GOOGL
matt
@mpalmz · 1yr
Didn't robo taxi run over a kid too? I heard robo taxi couldn't read a school bus' "do not cross" sign that stops drivers behind the bus because it's letting kids off the bus and so the robo taxi just went around the bus and hit a kid
