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Tesla is opening access to its Robotaxi service next month and $TSLA is moonin. 📈
1/ The announcement of open access to Robotaxis next month gives confidence to the market that new income streams from ride-hailing is going to be turbo charged, opening another earning stream beyond vehicle sales (the current bread & butter of Tesla).
2/ Tesla’s shift from limited testing to invitees only to public access demonstrates strong belief in the safety of its Full Self Driving software, decreasing concerns about this technology becoming a reality. Plus FSD V14 is launching in ~6 weeks.
3/ Progressing from a small group launch to open access in just ~90 days shows Tesla’s execution speed, operational efficiency and innovation leadership. Many forget, but announcements like this remind us that innovation is still the life & blood of Tesla and still reminds very strong.
4/ With 99% of U.S. residents unexposed to driverless vehicles, opening FSD access could drive widespread adoption, expanding Tesla’s user base and brand loyalty, just from getting on 1 ride. Just imagine your friend or you hailing a Tesla Robotaxi ride for the first time and then trying Uber and Waymo which are more expensive, not as cool, and not as good/safe. More and more customers will prefer a Tesla, which ultimately translates to new revenue.

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