If I was a betting man, this is what I foresee happening. Not financial advice, just my 2 cents on $TSLA.
1/ June 22 (tentative date): 10-20 Model Ys will be ride-hailing customers on Unsupervised FSD
2/ Robotaxi launch will be invite only & geofenced
3/ The internet is going to blow up showing the arrival of Tesla Robotaxi is really here
4/ Mainstream media will say Waymo is way ahead of Tesla bc they have 1,500 cars driving around VS Tesla’s 10-20 vehicles on launch day
5/ The stock will take a hit bc many will believe this false narrative, but do not understand the technology
6/ New investors will panic, while the long-term smart ones will take advantage and buy the dip
7/ The Tesla team will start software updating eligible cars to ~1000 in a few months, eventually surpassing Waymo’s 1,500 vehicles in service, fairly quickly
8/ Then Wall Street will catch on and realize now it’s just a matter of software updating the rest of the fleet and receiving regulation approval.
9/ Tesla will begin software updating ~10,000 vehicles per month with Unsupervised FSD, eventually getting their entire fleet on this software, which today is at 8M
10/ Tesla owners will be adding their cars into the Robotaxi network generating $ revenue and splitting it with Tesla, ultimately making Tesla becomes the largest valued company in the world
BYD to have tech events for fast charging, electrification of machinery, RVs, ESS & chips coming up.
Its investment in AI/ADAS supply chain, chips, data infrastructure, charging, SSB & eSystem are building blocks for AI robots.
That's its most important announcement of the yr.
“This quarter, the margins on our Teslas have improved materially bc now we don’t need humans to build and deliver the cars.”
- Tesla earnings call in the future
Sign of the times in China
BMW's first 5S store in the world, Beijing Xingdebao, was sold to BYD, where it will be a Fangchengbao & Denza showroom. The fifth 'S' stands for sustainability.
22,000m² (3 football fields)
BMW spent $44M to build it in 2012
BYD bought it for $1.3M