Part 4/8:
In his communications, Ives stresses the idea that Tesla should not merely be seen as a car company; instead, it represents a transformative technology player. His excitement stems from the belief that Tesla's leadership in self-driving technology, bolstered by massive data collection, places it ahead of competitors. The expectation is that as FSD becomes more capable and legally unsupervised, consumer uptake will surge.
Investors, however, are curious why such valuations only emerged as discussions around FSD licensing gained traction recently. Many analysts and market watchers had been speculating on the inherent value of such advancements long before Ives' latest pronouncement. The disagreement lies in how much of this anticipated growth was factored into earlier estimates.