This is a changing world, thanks to advanced technologies and new innovations being delivered faster than ever before but there's one change that could be here sooner than you think and that is autonomous vehicles which could be one of the most meaningful innovations of all time, and Tesla is in the best position to take majority share!

Imagine giving every person who commutes an hour back each and every day, what a gift when you can never get back your time after each day. Why is tesla one of the only companies really tackling this challenge? The latest research on the autonomous vehicle market, if you're interested in Tesla's progress, the let's see what Tasha Keeney, an ARK Invest analyst has to say:

She thinks that autonomous cars could be very inexpensive to consumers and that autonomous taxis and ride hailing systems could dominate urban transport and ultimately we think this could be one of those most meaningful economic productivity delivering innovations of all time.

She thinks that the GDPcontribution from autonomous ride hail systems could total around $26 trillion by 2030. She expects the price per mile that you could profitably charge a consumer could be about 25 cents per mile well below the price of point-to-point mobility, which really hasn't changed since the Ford Model T rolled off the first assembly line thanks to higher utilization rates that cost could be as low as 25 cents per mile.

Of course there'll be a lot of benefits to autonomous cars we think they'll be a lot safer and they'll be extremely convenient, but what do we think will drive demand that is this price autonomous ride hill should attract not only people that are in the ride-hailing market today, but also car owners and consumers value their time at about 60 cents to a dollar ten per mile on average.

Time spent on commuting to work related travel, the low end of that is time spent on errands or personal travel but today consumers pay about two dollars per mile on average for ride hailing in western markets that's about the average price of an Uber today so they're already paying up for this additional convenience of ride hail notably this is also much higher than the marginal cost to drive, the cost of gas, insurance, all the costs that you pay in a day-to-day or on an annual basis.

There's a lot more that Tasha Keeney has to say here, but I'm excited for autonomous ride hailing and eventual air autonomous ride hailing. Most exciting is that the costs are going to come down so much. Once autonomous ride hailing is proven to be safe, I think we'll see a lot of people start using it. And Tesla is in the poll position to take most of this market.

Source: Re-posted and Summarized from Jeremy Johnson at torquenews.

My Take: Once FSD is solved, everything will change. Tesla is the only company in the race to solve it. Other companies efforts are laughable at best.

Re Posted From: Teslas Robotaxi Trillion Dollar Business

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This is a changing world, thanks to advanced technologies and new innovations being delivered faster than ever before but there's one change that could be here sooner than you think and that is autonomous vehicles which could be one of the most meaningful innovations of all time, and Tesla is in the best position to take majority share!

Imagine giving every person who commutes an hour back each and every day, what a gift when you can never get back your time after each day. Why is tesla one of the only companies really tackling this challenge? The latest research on the autonomous vehicle market, if you're interested in Tesla's progress, the let's see what Tasha Keeney, an ARK Invest analyst has to say:

She thinks that autonomous cars could be very inexpensive to consumers and that autonomous taxis and ride hailing systems could dominate urban transport and ultimately we think this could be one of those most meaningful economic productivity delivering innovations of all time.

She thinks that the GDPcontribution from autonomous ride hail systems could total around $26 trillion by 2030. She expects the price per mile that you could profitably charge a consumer could be about 25 cents per mile well below the price of point-to-point mobility, which really hasn't changed since the Ford Model T rolled off the first assembly line thanks to higher utilization rates that cost could be as low as 25 cents per mile.

Of course there'll be a lot of benefits to autonomous cars we think they'll be a lot safer and they'll be extremely convenient, but what do we think will drive demand that is this price autonomous ride hill should attract not only people that are in the ride-hailing market today, but also car owners and consumers value their time at about 60 cents to a dollar ten per mile on average.

Time spent on commuting to work related travel, the low end of that is time spent on errands or personal travel but today consumers pay about two dollars per mile on average for ride hailing in western markets that's about the average price of an Uber today so they're already paying up for this additional convenience of ride hail notably this is also much higher than the marginal cost to drive, the cost of gas, insurance, all the costs that you pay in a day-to-day or on an annual basis.

There's a lot more that Tasha Keeney has to say here, but I'm excited for autonomous ride hailing and eventual air autonomous ride hailing. Most exciting is that the costs are going to come down so much. Once autonomous ride hailing is proven to be safe, I think we'll see a lot of people start using it. And Tesla is in the poll position to take most of this market.

Source: Re-posted and Summarized from Jeremy Johnson at torquenews.

My Take: Once FSD is solved, everything will change. Tesla is the only company in the race to solve it. Other companies efforts are laughable at best.

Re Posted From: Teslas Robotaxi Trillion Dollar Business

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