Tesla stock price soars with new hope: Electric taxis driving abroad while drivers earn money lying at home?

Tesla is set to hold a Robotaxi self-driving electric taxi event at Warner Bros. Studios in Los Angeles, California on October 10th. For Tesla investors or those watching Tesla's development, the Robotaxi self-driving electric taxi from Tesla may help boost the disappointing Tesla stock price this year.

Tesla's third-quarter financial report was poor, primarily due to electric vehicle delivery volumes falling below Wall Street's expectations again. The delayed delivery of Tesla's new cars has long been a major complaint from consumers. Investors are eagerly anticipating what new highlights Tesla's new product, Robotaxi, will bring. Morgan Stanley's investment analysis experts are optimistic about the latest version of Tesla's electric taxi, the FSD AI navigation driving feature v12.5 or above, as well as the possibility of obtaining testing permits in mainland China and Europe to enter overseas markets.

Tesla's FSD AI Requires Driver's License Approval to Break Through

Tesla's AI roadmap reveals that by the first quarter of 2025, it will be known whether the FSD Full Self-Driving has passed the autonomous driving test certification standards in mainland China and Europe. If successful, Tesla will make a significant breakthrough in the global electric vehicle market.

Tesla's electric test car sample size for autonomous driving in the United States is not yet sufficient. According to data from the California Department of Motor Vehicles (DMV), Tesla's autonomous driving test permit allows for testing with a "driver" in the car. So far, Tesla has not obtained a test permit for fully automatic unmanned driving.

Tesla AI roadmap timeline shows the latest status of Tesla's FSD v12 artificial intelligence system. The FSD test permits in Europe and mainland China are still under review. If approved, Tesla can conduct actual road tests with test cars on the road. However, Tesla's AI supercomputer must use actual driving record videos as the basis for machine learning. With China's closed-loop regulation, it seems challenging for Tesla to obtain approval in mainland China.

In the past, when accidents occurred, angry drivers would curse when idiots hit their cars, saying, "Do you know how to drive?" or "Do you have a driver's license?" In a future world where there may be no drivers in the driver's seat, when two self-driving cars collide, the drivers may be watching TV or sleeping at home. They will be notified if their car has been hit through a mobile app, and there will be no human interaction disputes in the future. Tesla's electric taxis focus on AI development, allowing machines to replace human drivers and even generate passive income.

Tesla's Robotaxi has not been officially named, and its exterior design has not been revealed. The checks written by Tesla to investors are for the upgrade of artificial intelligence.

Tesla's electric cars train AI through real driving records and road videos to familiarize and learn human driving habits, analyze possible accidents on the road, and reduce accidents and navigation errors. This is where Nvidia's CUDA becomes a super tool. According to CNBC, Musk hopes that Nvidia will reserve some chips for Tesla. Tesla's developed supercomputer Dojo requires powerful processors for big data analysis, allowing AI neurons to recognize moredriving record videos to enable precise navigation for electric vehicles.

Tesla was once a leader in the electric car market, with Ark Invest led by Cathie Wood and Wall Street bullish on the future market of Tesla electric taxis. Musk even likened Robotaxi to a business model similar to Uber and Airbnb, where Tesla owners can allow Tesla to pick up passengers on the street and earn taxi fares, realizing a "shared economy of humans and electric self-driving cars."

The Electric Vehicle Market Has Entered an Era of Competition Among Many Companies

The electric vehicle market is no longer dominated by Tesla alone. Amazon's Zoox fully automatic Fully Autonomous Robot Taxi electric bus is Tesla's number one competitor. With a cute appearance resembling two big eyes, Zoox shuttles Amazon employees to and from work in Nevada. The horseshoe-shaped airbag of Zoox fully surrounds the seats to protect passengers in the event of a collision. Zoox electric taxis will soon be on the road in Los Angeles and Las Vegas. Companies like Di Di, Pony.AI, and Baidu in China are developing electric vehicles. Google's Waymo has been testing and operating since 2009, with a visible presence in Los Angeles and San Francisco, with a current weekly ride count of 100,000. China's Nio electric cars have high-speed battery swap stations, allowing electric car owners to go to Power Stations for robot battery swaps without having to find charging stations on the road.

Tesla's electric car unveiling event is imminent, and all Tesla investors are watching to see if Wall Street investment experts' predictions will be overturned. All parties are closely monitoring the latest news, and this may be a new buying opportunity at a low point.