In this video, the speaker discusses the potential for Tesla's profitability and its dominance in the autonomous driving market. They highlight that Tesla is generating significant miles of autonomous driving data, far surpassing its competitors. The speaker argues that Tesla's lead in autonomous technology, along with its upcoming innovations in energy, robotics, and AGI (Artificial General Intelligence), could result in substantial profits, possibly leading to a share price of $6,000 in the next 10 to 15 years. They also suggest that Tesla may eventually need to license its technology to other automakers due to potential antitrust regulations.
1. Elon Musk has stated that Tesla could generate a profit of one trillion dollars a year.
2. This profit projection is based on an estimated share price of six thousand dollars for Tesla.
3. The speaker mentions a new biography of Elon Musk written by Walter Isaacson.
4. Walter Isaacson has been shadowing Elon Musk for the past two years.
5. Tesla has generated about 80 to 90 billion dollars of revenues per year for the trailing 12 months.
6. The gross profit of Tesla is about 20 billion dollars per year.
7. Tesla is currently the sixth biggest U.S public company in the world.
8. The speaker suggests that Tesla has the potential to be a great business in the future.
9. The next significant growth for Tesla could come from energy, robotics, AGI, or FSD.
10. The speaker mentions a market cap of 20 to 100 billion dollars for the autonomous full self-driving driver assist market.
11. The speaker emphasizes the rapid pace of technology adoption in the past 100 years.
12. The speaker argues that full self-driving (FSD) could be a massive market, with estimates ranging from 2 to 12 trillion dollars.
13. The speaker notes that FSD has high margins, with software as a service (SAS) offering an 80% gross margin.
14. The speaker suggests that only one company will dominate the FSD market, with Tesla being a strong contender.
15. The speaker discusses various competitors in the FSD market, including Nvidia, BYD, Lucid, and Mobileye.
16. Tesla has generated 90 million miles a year and is currently running at about a million miles daily.
17. The speaker predicts that Tesla will be the winner in the FSD market and will need to license FSD to other companies.
18. The speaker argues that Tesla has a massive advantage over the rest of the industry and that this advantage is getting bigger.
19. The speaker mentions that Tesla has another three big S-curves in its eight pocket strategy, referring to energy, robotics, and AGI.
20. The speaker concludes that if Tesla manages to grab 50% of the FSD market, it could generate 800 billion of profit every year, assuming a low end total addressable market of 1 trillion dollars.