Part 4/11:
This shift from hardware sale to service-based revenue underscores a pivotal point: the value of Tesla's autonomous software and AI infrastructure could dwarf traditional vehicle sales, making Tesla's valuation justifiable based on its AI moat.
The Autonomous Tech Race: Who Will Lead?
Ives underscores that actual breakthroughs in autonomous driving hinge on technological advancements, scale, and deployment speed. Tesla's advantage, with its massive data collection from millions of vehicles, positions it favorably to outpace competitors like Wimo, which has been at autonomous development for over a decade but with limited scale.