Elon Musk indicates that Tesla FSD Version 11 will go to wide release in December, 2022 for anyone who purchased FSD in the US. This would likely mean that at the Jan 20th, 2023 earnings call they should recognize all of the deferred revenue. 50% of the FSD price was deferred until all features were …
I was interviewed by Lars at BestinTesla. I talked about why robotaxi at scale competition won’t be coming once Tesla solves robotaxi at scale. Tesla has over 160,000 people currently using FSD and driving 10 million miles per quarter on surface roads with it. The new version 11 is being deployed and switches navigate on …
Thanks to all Nextbigfuture community for your support. This is just an FYI that I have to shutdown comments to articles related to FTX, Binance and Crypto. The level of spam on those articles is insane. There has been a general increase in comment spam. This is causing me to shut comments on various older …
I have looked at all of the dozens of self-driving car companies. I looked at many of the 80 LIDAR (laser radar) companies. I cut through all of the noise, complexity and confusion. Robotaxis will change the world and are a multi-trillion opportunity. Companies have spent over a hundred billion dollars already and even more …
Chuck Cook performs some of the most stringent testing of Tesla’s Full Self Driving software. He has performed many tests on unprotected left turns and roundabouts. Based upon his latest batch of tests for version FSD 10.69.1.1 he feels FSD feels ready for wide release. He says it is still early to jump up and …
Baidu plans to expand its robotaxi ride-hailing services across 30 cities in China in two to three years to serve a wider range of users. Robin Li, founder of Baidu, said at the 2021 ABC Summit. Currently, there are about 500 test vehicles in the Baidu Apollo self driving program and they are the first …
ARK estimates that autonomous driving could reduce the cost of ride-hail significantly, expanding the addressable market. Today, the average price of an Uber is $2 per mile, while Didi is $0.50-$.70 per mile. We estimate that autonomous ride-hail vehicles will have higher utilization rates than human-driven cars, as well as lower labor and insurance costs. …
ARK’s 2025 price target for Tesla is $3,000. ARK’s 25% bear case is for Tesla at $1,500 in 2025. The 25% bull case is Tesla could be worth roughly $4,000 per share. They published their model on Github and invite you to test your own assumptions and/or craft visualizations from the simulation outputs for our …