Part 3/13:
This shift from a traditional vehicle sales model—earning “low margins” per unit—to generating continuous revenue off vehicle fleets is a pivotal strategic evolution. The scalability and successful scaling of this robo taxi network are viewed as key to unlocking immense value. Winton underscores that Tesla’s acceleration in AI development lends confidence that scaling the robo taxi business is not only feasible but imminent. Once operational at scale across the United States, Tesla’s robo taxis could dominate the market, making the company's future prospects highly optimistic.