Elon Musk's Take On Tesla's 80% Margins After Full Autonomy via insideevs.com
package. Keep in mind, while we know the textbook definition of fully autonomous, it's still not so clear what Musk sees as"reaching full autonomy."
“…obviously if you’ve got a car that costs the same and has, say—I don’t know—a 20 or 25% margin, and suddenly is able to be used five times as much then you might have 80% margins and the revenue would increase several folds. That’s why I say it’s probably going to be the biggest asset value step change in [the] history of Earth.”As far as Tesla Energy is concerned, Musk estimates the margins to peak around 20 to 25%. He did add that they had the potential to go up to about 30%.
Many experts will tell you it's not going to work, but many experts have said such things about most of Musk's crazy plans in the past, like landing and reusing rockets, digging large tunnels under major cities, or making long-range EVs mainstream cars that outsell gas cars.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Crashes Into Another Tesla Due To Road Rage Incident: Total LossA Tesla Model 3 driver and a Lexus driver got into a bit of road rage over a simple zipper merge, which ended up leading to a crash that totaled another Tesla.
Read more »
Elon Musk praises ‘great’ anti-victimhood presidential campaign ad from GOP Sen. Tim ScottElon Musk gave a boost to GOP Sen. Tim Scott’s presidential campaign with a tweet praising Scott’s stance against America’s victimhood culture.
Read more »
Did Elon Musk Create CBD Gummies that 'Reverse Dementia'?Elon Musk is the latest famous person to have their image and likeness used by scammers without permission.
Read more »
Elon Musk praises Tim Scott's first 2024 presidential campaign ad: 'Everyone's a victim'Elon Musk took to Twitter to praise comments made by Sen. Tim Scott on Friday, just hours after the South Carolina Republican jumped into the race for the 2024 GOP presidential nomination.
Read more »
Fed under fire: Elon Musk, Mohamed El-Erian, others slam the central bankThe Fed has come under fire for the way it tackled inflation. Here are the latest critiques from Elon Musk, Mohamed El-Erian and others.
Read more »
'Succession': Alexander Skarsgård on Whether Lukas Matsson Is Elon MuskScene-stealing star of HBO’s Succession talks about the similarities between Matsson and Musk, Lukas and Shiv’s dynamic, and peeing scenes.
Read more »