Tesla, Inc. (TSLA.US) Robotaxis are about to be launched, and the market is starting to outline a new round of "bullish trend" curve.

date
19/09/2024
avatar
GMT Eight
Under the leadership of Elon Musk, Tesla, Inc. (TSLA.US), the global leader in electric vehicles, is just about three weeks away from hosting the "Tesla, Inc. Robotaxi Unveiling Ceremony" in Los Angeles. Investors and Wall Street analysts have high expectations for this event, with some previously bearish investors now turning bullish due to the potential of Robotaxi. They are eagerly anticipating that this major unveiling ceremony will drive a significant rebound in Tesla, Inc.'s stock price and are very excited about the possibility of a new "bull market" cycle. The Wall Street giant Morgan Stanley, known as the "super bull of Tesla, Inc.", is clearly looking forward to the new developments and ideas that Tesla, Inc. plans to bring to this event. CEO Elon Musk has stated multiple times that this Robotaxi unveiling event will not only showcase a new physical autonomous taxi but also "some other new and novel things". As for what these other things might be, followers do not have any clues, but some speculate that Tesla, Inc.'s recent patents related to wireless charging may be relevant. In a research report to investors this week, Morgan Stanley expressed its belief that this event may not just be a formal unveiling of the rumored "Cybercab" autonomous taxi and how to ride in it. They asked, "Besides showcasing FSD v12.5 and offering test drives of the first generation 'Cybertcab', what other major content will be revealed?" "This will make investors aware that Tesla, Inc. will need to bring other important information to this event that will undoubtedly address the questions raised by shareholders and others." Therefore, the analysts from Morgan Stanley suggest that Tesla, Inc. may need to answer three important questions: Safety "Will investors see data comparing the safety of Tesla, Inc.'s exclusive autonomous driving technology to human driving?" Significant Improvements "Can investors better understand the rate of performance changes in recent FSD iterations?" Methodology "Will investors learn about key enabling technologies to further improve the autonomy and integration capabilities of FSD/Cybercab?" The research report from Morgan Stanley also delves into the synergies between Tesla, Inc. and other technology companies under CEO Elon Musk, particularly a global AI startup called xAI. xAI may prove to be a significant driver for the advancement of Tesla, Inc.'s autonomous driving story, especially considering its exclusive AI models and infrastructure system which support the electric vehicle manufacturer's ambitious AI supercomputing goals. This will further support Tesla, Inc.'s autonomy. Ultimately, from an investor's perspective, the expectations for this major unveiling event on October 10th are incredibly high. Musk has acknowledged that this will be the "most important moment" for Tesla, Inc. since the launch of the Model 3 a few years ago. Of course, Tesla, Inc.'s autonomous driving development roadmap may have more profound implications than the event itself, as the company still needs to fully address issues related to autonomous driving, which may be a multi-year process. Some investors are concerned that Tesla, Inc. may ultimately fall short, despite the ambitious predictions from CEO Elon Musk and the management team regarding when full autonomous driving solutions will be achieved. Therefore, Tesla, Inc. must make significant progress in FSD to truly convince all investors. As Musk once expressed on the social media platform X (formerly known as Twitter), he believes that a Robotaxi based on fully autonomous driving and "Optimus", the Siasun Robot & Automation, will be the future of Tesla, Inc. In a post in July on the X platform, he stated: once Tesla, Inc. fully solves the problem of autonomous driving and achieves mass production of Optimus, anyone still holding a short position on Tesla, Inc. will be "obliterated", including Bill Gates. Musk has even made seemingly crazy market value predictions at Tesla, Inc.'s shareholder meetings, predicting that with the combined advance in autonomous driving technology and Optimus, Tesla, Inc.'s market value will exceed $30 trillion. The bullish sentiment towards Tesla, Inc. on Wall Street is warming up, mainly driven by the revenue potential of Robotaxi. If Tesla, Inc. can prove that they are pushing forward with their fully autonomous driving system according to plan or accelerating it, based on the Tesla, Inc. FSD system which relies on massive AI training/inference computational resources, as well as when Robotaxi will generate revenue for Tesla, Inc., then this Robotaxi unveiling event could indeed be a real breakthrough. The long-awaited Tesla, Inc. autonomous driving Siasun Robot & AutomationRobotaxi, based on the upgraded latest FSD fully automatic driving technology, will be available for rental. Tesla, Inc. envisions these self-driving vehicles being able to handle various complex transportation tasks without human intervention, including large-scale passenger transport. These vehicles will be integrated into Tesla, Inc.'s broader artificial intelligence and electric vehicle strategy. However, widespread deployment on a global scale still requires comprehensive approval from regulatory authorities.NVIDIA Corporation CEO Huang Renxun recently praised Tesla, Inc.'s FSD (Full Self-Driving) system in a media interview. Tesla, Inc.'s FSD is built on the Dojo supercomputing chip and high-performance AI GPU from NVIDIA Corporation, primarily the H100 and H200 (Elon Musk has stated that they will procure the Blackwell architecture AI GPU in the future), relying on these powerful hardware systems to support the massive training/inference computational requirements of Tesla, Inc.'s FSD. Huang Renxun and other tech industry heavyweights have publicly stated that Tesla, Inc.'s FSD is currently the most advanced assisted driving system, in most cases capable of fully achieving autonomous driving, freeing human hands completely. "Tesla, Inc. is leading the world in autonomous driving vehicles," Huang Renxun said in a recent media interview. "The truly revolutionary aspect of Tesla, Inc.'s 12th version fully autonomous driving vehicle is that it is an end-to-end generative model." "It learns how to drive end-to-end by watching videos - surround videos - and uses generative AI technology to predict paths and understand and drive cars. Therefore, this technology is truly revolutionary, and the work done by Tesla, Inc. is incredible." On Wall Street, analysts' bullish sentiment on Tesla, Inc.'s stock price has noticeably increased ahead of the October 10th unveiling event. Of note, Deutsche Bank Aktiengesellschaft, which has long been bearish on Tesla, Inc.'s stock price trajectory, recently released a research report on Tesla, Inc.'s stock price, resuming a "buy" rating for Tesla, Inc. (TSLA.US) and listing it as the top pick in the automotive industry, compared to the bank's long-standing "neutral" and "sell" ratings for Tesla, Inc. Deutsche Bank Aktiengesellschaft also announced the resumption of target price tracking for Tesla, Inc., giving Tesla, Inc. a target price of up to $295 within the next 12 months, compared to Tesla, Inc.'s close at $227.20 on Wednesday. Deutsche Bank Aktiengesellschaft stated that they view Tesla, Inc. as a technology platform that is trying to reshape multiple industries. Analyst Edison Yu of Deutsche Bank believes that due to the potential of autonomous driving and humanoid Siasun Robot & Automation business, the stock deserves a unique premium. "In the short term, vehicle delivery/ profit margins have indeed declined, but we believe this is temporary as new models/ updated products are about to be launched. In the long term, Tesla, Inc. is an emerging leader in autonomous driving (Robotaxi) and humanoid Siasun Robot & Automation Optimus... they represent some of the most clear and profitable applications of end-to-end artificial intelligence." Morgan Stanley, known as the "super bull of Tesla, Inc." on Wall Street, is optimistic about Tesla, Inc.'s outlook due to the revenue potential of Tesla, Inc.'s Robotaxi and the significant subscription income that FSD may bring. Morgan Stanley recently reaffirmed its "overweight" rating for Tesla, Inc. and set a target price of up to $310 within the next 12 months, ranking as the highest target price on Wall Street. Cathy Wood, known as the "number one fan of Tesla, Inc." and a staunch supporter of Elon Musk, believes that Tesla, Inc.'s market value could exceed $8 trillion. Ark Investment Management Company, founded and led by Cathy Wood, recently updated its target price for Tesla, Inc., with Ark predicting that Tesla, Inc.'s stock price could reach $2,600 by 2029. Ark's strong bullish outlook on Tesla, Inc.'s stock price is mainly based on the expectation that by 2029, nearly 90% of Tesla, Inc.'s market value and profit will be attributed to the Robotaxi autonomous taxi network built on the incredibly powerful AI supercomputing system.

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