Part 2/10:
The ride-sharing business alone is massive. Black began by articulating the skepticism around the expectation that Tesla would monopolize this burgeoning market, reminding listeners that previous forecasts about Tesla's future vehicle production numbers—from 20 million units to much lower current estimates—demonstrate just how quickly things can change in entrepreneurial forecasting. As Tesla’s hopeful shareholders await the promising Robo Taxi launch in Austin, many analysts view the future with caution, emphasizing the competitive landscape and growing interest from legacy automakers.