Elon Musk said a few weeks ago that Tesla’s main strategy right now is to slash the cost of personal transportation by 4x by perfecting full-self-driving AI, and attempting to achieve that this year. (Relatedly, they’re not allocating resources to making an even cheaper version of the Model 3 because it wouldn’t be 4x cheaper anyway.)
Making good on Musk’s claim would probably add another $trillion to Tesla’s market cap in short order.
Even if tesla’s self-driving technology freezes at its current level, it’s clearly added value to the cars. Maybe not $10,000 per car or whatever they are charging for it, but probably at least $1,000. Multiply that by the million or so cars they sell per year, and that’s a billion dollars of economic value due to recent deep learning advances.
Of course, a billion is not a trillion. Plausibly by “significant” the OP meant something more like a trillion.
Elon Musk said a few weeks ago that Tesla’s main strategy right now is to slash the cost of personal transportation by 4x by perfecting full-self-driving AI, and attempting to achieve that this year. (Relatedly, they’re not allocating resources to making an even cheaper version of the Model 3 because it wouldn’t be 4x cheaper anyway.)
Making good on Musk’s claim would probably add another $trillion to Tesla’s market cap in short order.
Even if tesla’s self-driving technology freezes at its current level, it’s clearly added value to the cars. Maybe not $10,000 per car or whatever they are charging for it, but probably at least $1,000. Multiply that by the million or so cars they sell per year, and that’s a billion dollars of economic value due to recent deep learning advances.
Of course, a billion is not a trillion. Plausibly by “significant” the OP meant something more like a trillion.