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For investors, the essence lies in recognizing that Tesla is not just a car company; it is a significant player in the AI space. Predictions about the company's AI prospects foresee a shift toward more profitability, leveraging ridesharing capabilities and decreased costs—could this lead to a 10-20% profit margin as Tesla ramps up its Cyber Cab initiative?
Autonomous driving technology is projected to substantially alter Tesla's revenue streams. The rollout of full self-driving (FSD) capabilities in states like California and Texas signals that this technology is not far from widespread adoption, which many foresee as a game-changer in the automotive industry.