Tesla’s Robotaxi vision is no longer just a promiseIt finally rolls, cautiously, in the streets of Austin. This week, the company began to offer journeys paid in a handful of YS modified models in a limited pilot program. The service is geofiscé, invites only and each vehicle always includes a safety driver. However, for Tesla (Nasdaq: tsla), it’s a pivotal moment. Autonomous driving now represents a massive part of stock assessment. RBC Capital weighs nearly 59% of its target price $ 181 by Robotaxie Shareon alone, with an additional $ 53 linked to the monetization of self-control. This represents more than $ 800 billion in implicit value based on long -term income models, not to current profitability.
But the launch of Tesla opened the door to certain uncomfortable questions. Although the company has long said that all of its vehicles were ready to be Robotaxi, corporate initiate reports suggest the opposite. According to anonymous sources, Tesla builds a YS model specially modified for the Austin Launchcomplete with additional telecommunications systems and reinforced cameras. Meanwhile, Ashok Elluswamy, head of automatic driver engineering, recently mentioned the use of new audio sensors. These details lift doubts as to whether Tesla’s existing fleet can be returned to a national network in Robotaxi, as does easily done cheap. The strategy also now reflects that Tesla, once mocked: a cautious deployment of the city by city, a bit like Waymo. In particular, Waymo already provides more than 250,000 weekly rides and recently announced a provisional partnership with Toyota.
The biggest challenge for Tesla? The clock has just started to check. After years of postponement, the market now expects execution. Tesla’s basic activities have achieved a rescue sale, a launch of a warm Cybertruck and no sign of the affordable model promised for a long time. Since Elon Musk moved to AI, robotaxis and humanoid robots at the beginning of 2024, the multiple before Tesla was more than doubled at around 140x. But high multiple built on future hopes require traction. Goldman Sachs recently modeled a wide range of results for the Tesla Robotaxi program by 2040, with sharing value scenarios from $ 2.50 to $ 81.75. For the moment, investors are betting big. But transforming vision into reality is no longer optional.
This article appeared for the first time on Gurufocus.
