Tesla’s ChatGPT Moment: A Game-Changer in Autonomous Driving
Tesla is set to revolutionize the world of autonomous driving with its upcoming chatGPT moment. While the exact timeline is uncertain, it is expected to happen no later than next year. This breakthrough will enable 3 million Tesla cars to drive themselves, followed by 5 million and then 10 million cars in the near future.
Elon Musk, the CEO of Tesla, has been known for his ambitious timelines, but even if there are delays, it is clear that this chatGPT moment will happen. By 2024, Tesla aims to have this technology fully implemented, allowing millions of cars to operate autonomously.
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In terms of stock price, analysts predict a substantial increase as a result of this chatGPT moment. By 2024, Tesla’s stock price could reach $350 per share without FSD and $384 per share with FSD. As the number of autonomous Tesla vehicles on the road continues to grow, the stock price could soar to $539 per share in 2025 and $946 per share in 2026.
The revenue generated from FSD will also contribute to Tesla’s market cap. By 2024, the market cap could exceed $1.1 trillion without FSD and $1.2 trillion with FSD. As FSD revenue increases, the market cap could reach $2.5 trillion in 2025, $3.3 trillion in 2026, and $4.5 trillion in 2027.
Looking further into the future, by 2030, Tesla’s revenue from FSD alone could surpass $61 billion annually. This would translate to a stock price of $1,400 per share and a market cap of over $5.2 trillion. With a PE ratio of 40, the stock price could even reach $2,133 per share and the market cap could exceed $8.7 trillion.
These projections may seem ambitious, but considering Tesla’s track record of innovation and disruption, they are within the realm of possibility. The chatGPT moment will propel Tesla to new heights in the autonomous driving industry and solidify its position as a leader in the market.
In conclusion, Tesla’s chatGPT moment is set to revolutionize autonomous driving and have a significant impact on Tesla’s revenue, stock price, and market cap. With millions of autonomous Tesla vehicles on the road, the future looks bright for the company. Investors and enthusiasts alike are eagerly awaiting this game-changing moment in the automotive industry.