Part 5/14:
The analyst emphasizes that Tesla’s "cyber cab"—an autonomous electric taxi—is imminent. Predictions indicate it could be a reality as soon as late 2024, or very close to it. This innovation threatens existing ride-hailing giants like Uber, whose CEO reportedly appears concerned about Tesla’s aggressive timeline. Elon Musk himself hints that the Cyber Cab will redefine urban transportation, making personal car ownership less necessary.
Tesla’s ongoing efforts extend into the development of an electric heavy-duty truck (Semi), with Walmart and PepsiCola already taking delivery of these vehicles. Tesla’s Gigafactory in Nevada is ramping up to produce these trucks en masse, aiming to outperform traditional diesel-powered semi-trailers in hauling capacity and efficiency.