While Tesla Motors Inc (NASDAQ:TSLA)‘s CEO Elon Musk heads into the announcement of a over-the-air software update today, that will potentially end the anxiety that the electric car’s customers have with regards to potentially getting stranded if their battery runs out of juice, there is another issue that is plaguing Tesla. It is the infrastructure of tax credits that Tesla has benefited from greatly in the past, but which is slowly going away according to Musk. These credits formed 37% of Tesla’s gross profit in the third quarter, and only 33% in the fourth.
In an interview with Joint Center for Energy Storage Research’s George Crabtree, Bloomberg‘s Cory Johnson posed this question. Crabtree was of the opinion that the solution lay in tremendously increasing car sales, which in turn will be hard to come by given the current price levels.
“The revenue generation system is shrinking and that means that he needs to sell more cars, and my sense is that is one of the reasons for the announcement tomorrow, to make it more appealing to people to buy a Tesla Motors Inc (NASDAQ:TSLA) car, or the next generation Tesla car. We hear about what is coming in the future will cost about $30,000 instead of $70,000 and that is the real step as then it is start to approach the mass market […],” said Crabtree.
When asked if Tesla Motors Inc (NASDAQ:TSLA) would be able to pull off the $30,000 figure in the next two years, Crabtree like all other people aspiring to become customers of the $24.5 billion company was hopeful, but not entirely sure. He was careful enough not to use the world impossible given what Tesla has been able to achieve with its lithium ion batteries, in terms of range.
“I hope they do. I was the one waiting for the $50,000 car, which turned out to be a $70,000 car, and I am on the verge of buying, so if the price gets lower than this, I am there,” said Crabtree.
Tesla Motors Inc (NASDAQ:TSLA) has recently been facing selling pressure on the stock market, and is down by nearly 9% year to date. However, with the technological innovation that the company is capable of, and its growth prospects, that could change soon.
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias
And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.
It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.
Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
How could anything be worth that much?
The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.
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In fact, Verge argues this company’s supercheap AI technology should concern rivals.
Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.
Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.
When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.
Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…
But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.
And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…
This prediction might not be bold at all:
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