The development of Full Self Driving of TSLA is now in 2 lines, one line is in robotaxi service and another is in e-car selling. Anyway, TSLA caught attention more than their competitors.
Since Petroleum crisis of 1973, a lot of people or academic institution has developed various kinds of e-cars but not so popular, all were in prototype only. It is TSLA that brings the trend to society and thus become the most popular format of cars. Now TSLA is going to develop robotaxi, but they are again not the first one. Experienced investors should remember in California, there were 2 brands of robotaxi running, which were Cruise of GM and Waymo of GOOG.
GM’s robotaxi service (Cruise) in California was halted in late October 2023, when the California Department of Motor Vehicles revoked its permits following safety concerns. Shortly afterward, GM suspended all driverless operations nationwide. Therefore, now is only GOOG and TSLA are running. But no matter what happens, other brands cannot catch so much attention as that of TSLA. Now people have great hope on the version 14.2 of Full Self Driving.
Practically, people do not care what the number of version it is, what they care most is when will the non-monitor self-driving come into mass production for commercial usage. It will be a great impact to the society. For what it claims is that it is 10 times safer than human driving. Of course, workers unions are in objection that this will bring about unemployment of current drivers, but when they take out the fact of 10 times safety, it is quite hard to prevent it. Or everyone must try to make it come true earlier so as to save more lives.
Another is e-car selling, when with Full Self Driving, it would have the best-selling points. That is people on the car no need to use drivers, and can save more time to do other things such as stock analysis of the market when on the way to daily work and in long distance travelling the use will be more prominent, it can be used for different entertainment or writing poems or songs or art creation. And when in mass transportation like bus or coach, a driverless coach would lower the cost greatly and the fare should be greatly lowered. Anyway, a new page of numerous points to say.
So, for flying cars no matter for Model A of 2-seater or 1-seater of VTOL (vertical take-off & Landing) are still in prototype stage, price and growth is so uncertain. But one thing is certain, what they need is a license similar to a pilot, that is not everyone can get. Even the current 2-dimension Full Self Driving must change to 3-dimension, and it will take 10 to 15 years. The greatest problem is certification, that is both the manufacturer and the driver must get a special certificate first.
The launch of flying car is to avoid traffic jam on the land, but if the price is really as cheap as US$6789, it is very attractive indeed, it may lead to new traffic jam in the air. Too many people will buy such a car. What is Elon Much strong for? One of his biggest abilities is to lower the cost by mass production, no matter in reusable rockets or e-car, he is really a superman in mass production. He can lower the cost also 10 times, and keep up the safety also 10 times. With the help of AI, he surely can finish these two kinds of 10 times easily.
The future of TSLA is not just a e-car company, it will be a combination of TSM, GOOG, TSLA, NVDA, AMD and ……etc. Please refer to The Express of 20251110, 20251027, 20250923, 20250922, 20250918, 20250917, 20250916, 20250908, 20250827.
One more thing, we have to view things from another side, what is the greatest weak point of this superman, he admitted he himself is always too optimistic. So, for the schedule he expected, we should normally put a delay of one or two quarters at least, less will be disappointed. Such as Landing on Mars, no need to expect to land on in 2029, better put it in 2030.