Part 3/11:
He argues that Tesla's robo-taxi network will become the dominant player, eventually owning a significant share of autonomous miles driven globally. Unlike traditional automakers, Tesla aims to build an autonomous ecosystem where its fleets operate around the clock, generating recurring revenue per mile, much like a software service. Ives envisions Tesla deploying fully autonomous taxis across 30 to 35 cities in the coming years, capturing a hefty slice of the 20% of automobiles driven autonomously—not because Tesla sells 20% of cars, but because their autonomous fleet would handle 20% of miles driven.