During Tesla's fourth-quarter earnings call last Wednesday, Tesla’s CEO, Elon Musk, said there is a “roadmap to potentially justify” its market cap, which has topped $800bn, making it the fifth-most valuable US company.
According to Musk, as Tesla’s self-driving technology continues to improve, Tesla vehicles will become self-driving robotaxis, allowing usage to increase from an average of 12 hours a week to 60 hours a week. Tesla could potentially charge additional fees for those robotaxis, allowing the company to generate much more revenue per car. Musk also announced…
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