Robotaxi Mania: The Countdown to Tesla’s Next Breakout Moment

Hype is building ahead of next month's Robotaxi event. We say: Let the TSLA profit party begin... [Derby City Daily logo]( [Derby City Daily logo]( September 10, 2024 [Robotaxi Mania: The Countdown to Tesla’s Next Breakout Moment]( By Andy Swan Editor’s Note: A rare economic event that historically triggers a stock market boom is about to unfold. It occurred three times in the past 30 years – in 1995, 1998, and 2019 – sparking market surges each time. According to oddsmakers, there's a 100% chance this event will happen again in less than 10 days. To help you prepare for this rare economic dynamic, our colleague Luke Lango is hosting an urgent briefing TOMORROW, September 11, at 8:00 p.m. ET. Because he believes that despite September’s slow start, this event will trigger numerous stock breakouts – and he’s selected three trades poised for significant growth. ➡️ [Click here to automatically reserve your seat for tomorrow’s important briefing](. ⬅️ Get ready for a fresh wave of Tesla (TSLA) chatter (and stock movements) in the coming weeks as hype builds ahead of the company’s planned Robotaxi event on October 10, 2024. Already, TSLA is bucking the [“September Slump”]( that’s taken down many stock market winners. The stock was one of our biggest movers to the upside last week, rallying 7% through close Thursday on a slew of positive news. To catch you up: ✓ Tesla is reportedly planning a six-seat Model Y, with Chinese production expected in 2025. ✓ The company also plans to launch its full self-driving product in Europe and China early next year if it can secure regulatory approvals. TSLA released more positive news from China this week, showing its EV sales grew 37% from July. And momentum is building on the consumer front, too, with [Tesla’s Cybertruck]( still generating tons of online chatter. (Shaq just had his second one delivered.) That’s not all we’re looking forward to... take a look. SPONSORED AD [TOMORROW: These Three Stocks Could Skyrocket… Starting Next Week]( [image]( Luke Lango picked Microsoft, Nvidia, and AMD before they jumped as high as 898%, 3,633%, and 11,496%... and was ranked #1 stock picker by TipRanks in 2020. According to him, we could see another major market shock next Wednesday, September 18th… And he believes it could help send three stocks skyrocketing higher into the end of the year. Tomorrow at 8 pm ET, he’s hosting an online strategy session to help you prepare. [Click here to save your seat and automatically RSVP.]( (By clicking the link, your email address will automatically be added to the Event RSVP list.) Long-Term: TSLA Is Set to Be a Major Robotics Winner More and more investors are talking about Tesla not as a car company, but as a robotics leader... including our Derby City Daily readers: “Tesla has changed the auto industry. He also changed the solar industry, the Power industry and the Robotics industry. He has introduced AI in all of these.” – Calvin “I see Tesla as a major disrupter for sure. AI, information, robotics, auto company.” – Anthony “Tesla is grounds for thinkers and doers. There will be more inventions in the future coming out of Elon Musk’s Co.” – Abe “I think Tesla will be a very successful mega company in the future.” – Dan [We couldn’t agree more](. We see TSLA as a [major robotics winner]( driven not just by its Robotaxi, but also its Optimus humanoid robot, which is generating high levels of scale and efficiency for Tesla's own production. At nearly three times less than an hourly worker at $40 an hour, Optimus provides considerable cost savings over human labor. Wide-scale deployment of this technology could significantly boost Tesla’s efficiency and margin performance, a weak spot for investors lately. The opportunity here cannot be understated. With costs decreasing and capabilities improving, the humanoid robot market could reach $38 billion by 2035, with significant growth expected by 2027: Source: Goldman Sachs Near-Term: TSLA’s Robotaxi Event Could Be a Major Positive Catalyst Tesla’s eagerly awaited Robotaxi event is quickly approaching. If you remember, this “reveal” was [initially planned for August]( but was pushed to October. Analysts downgraded TSLA stock on the delay, citing “narrative risk” at the time. Now, we’re just one month out – the event is set for October 10 – and even analysts are bullish, with some expecting surprises during the event aside from a demo of the so-called "Cybercab." Robotaxis will allow the company to fulfill its vision of making car ownership a revenue generation vehicle for owners. You can easily envision the potential partnerships with companies like [Uber Technologies (UBER)]( which is already offering its drivers incentives to purchase Tesla’s EVs. (Up to $2,000 toward Tesla’s Model 3 and Model Y sedans.) Tesla leads other [major self-driving players]( like Waymo (GOOGL) tremendously when it comes to practice, generating 66x more driving data with its 6 million vehicles on the road. Source: ark-invest.com By leveraging vast driving datasets for its artificial intelligence (AI) systems, Tesla has positioned itself as a data-rich leader in the robotaxi market... a market ARK Invest estimates will reach $28 trillion in enterprise value by the decade's end. How Does Tesla Demand Look Right Now? So, as you can see, the long-term – and near-term – opportunities look increasingly promising for Tesla. But what about the here and now? That’s where LikeFolio data comes in. Our x-ray view into company-level website visits shows some tempering in traffic across the board for automakers. TSLA, Toyota Motor Corp. (TM), and Ford Motor Co. (F) are all logging year-over-year decreases in traffic: But most important, the chart above shows Tesla is the unequivocal consumer attention leader versus other auto manufacturers. We couldn't even put other names like [Rivian (RIVN)]( and [General Motors (GM)]( on the chart because volume was too low. It’s been a rollercoaster for Tesla in 2024, to be sure. Last quarter’s earnings failed to impress, sending shares lower. Automotive revenue fell 7% year over year. But perspective is everything. Notice how revenue from energy generation and storage is becoming a larger piece of Tesla's pie: Source: CNBC Tesla's energy products, which include its Powerwall and solar panels, tap into the increasing demand for renewable energy – and its advancements in solar energy and battery storage solutions are expected to grow. SPONSORED AD [Breaking News: Elon Musk Invents New Type of AI (Shocking)]( According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... Who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with [this new type of AI...]( Minting new millionaires in the process. [Click here to see the details]( The Bottom Line At this point, TSLA seems to be more of a binary bet on the successful transition to robotics over simple carmaker. We will take that bet. The question is... Will you? Need I remind you that Elon Musk only thinks big – and that kind of vision comes with a hefty payoff. Just look at the kind of wealth TSLA has delivered over time, surging an astonishing 1,200% over the last five years. Heck, I remember when most people were still mailing checks in the ‘90s. Elon Musk’s idea of making payments over the internet seemed unimaginable. Now, PayPal (PYPL) is the norm. So, yes, to some, humanoid robots might sound like some far-off science fiction dream. But we know better. Musk is making them a reality with Optimus. And the forward-thinking Tesla investors will again be the ones rewarded in the long run. That’s why it’s critically important that you pay attention to his next great invention: [an AI device]( that could very well be the most powerful technology ever created. Like Musk has done time and again, [this “strange” new idea]( is set to shock the world – and this time, you don’t want to be a nonbeliever. [Click here to learn all the details](. Until next time, [Andy Swan's signature] [Andy Swan's signature] Andy Swan Founder, LikeFolio Discover More Free Insights from Derby City Daily Here's what you may have missed from Derby City Daily this week... ✓ [Embrace the September Slump with This AI-Powered Pick]( ✓ [The Earnings “Cheat Code” That Helps You Beat the Street]( ✓ [Add This Compelling “Value” Play to Your Watchlist]( © 2024 TradeSmith, LLC t/a Derby City Insights. All Rights Reserved. 1125 N. Charles Street, Baltimore, MD 21201 To unsubscribe or change your email preferences, please [click here](. [Terms of Use]( | [Privacy Policy](