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  1. Ron Baron: Robotaxi service could add 30-50 Billion dollars profit per year for Tesla

    Yes: medium to long term, car ownership won't be a thing, and selling cars for low margin to individual owners won't make sense for anyone concerned when you can have a much cheaper cost per mile and much safer and better experience with an on-demand vehicle. It's probably a winner-take-most...

  2. Ron Baron: Robotaxi service could add 30-50 Billion dollars profit per year for Tesla

    Uber makes about $5,600 per car for their cut, which is between 25% and 30%, so using the more conservative 30% figure that's a total of about $19,000 gross per car. Uber has 8 million cars globally. If Tesla charges half as much they'll gross about $10,000 per car. If they get 1 million cars...
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