Tesla Can't 'Just Flip A Switch,' Says Fund Manager, As Nearly 50% Respondents To A Poll Foresee FSD Approval Coming Through Within 2025
Portfolio Pulse from Shanthi Rexaline
Tesla's long-term success hinges on the deployment of its robotaxi service, which relies on its Full Self-Driving (FSD) technology. A poll by Gary Black of Future Fund LLC revealed that nearly 50% of respondents expect FSD approval by 2025. Tesla's latest FSD version, 12.5.1.3, is rolling out, but regulatory approval is complex and state-specific. Tesla's robotaxi network will likely roll out in stages, with significant infrastructure and licensing requirements.
August 12, 2024 | 10:01 am
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POSITIVE IMPACT
Alphabet's Waymo is considered the gold standard in self-driving technology, with significantly higher miles per disengagement compared to Tesla's FSD. This positions Waymo as a strong competitor in the autonomous driving space.
Waymo's superior performance metrics in self-driving technology position it as a strong competitor to Tesla. This positive comparison could have a favorable short-term impact on Alphabet's stock price.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 50
NEUTRAL IMPACT
Tesla's FSD technology is critical for its robotaxi service, but regulatory approval is expected by 2025 according to a poll. The latest FSD version 12.5.1.3 is rolling out, but Tesla faces significant regulatory and infrastructure challenges.
The news highlights the importance of FSD for Tesla's future, but also underscores the regulatory and infrastructure challenges that could delay its deployment. This mixed outlook suggests a neutral short-term impact on Tesla's stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100