In this podcast, the hosts discuss the feasibility of a $15,000 Tesla and Tesla's potential dominance in the autonomous vehicle market. They also explore Aurora's impressive funding and SoftBank's investments, the challenges in the trucking industry, and the current state of the autonomous vehicle industry. The episode concludes with predictions for the rest of the year in the autonomous vehicle industry.
Kathy Wood predicts Tesla will release a $15,000 vehicle within the next 10 years, prompting further investigation into the feasibility of this claim.
The idea of a winner-take-all market for autonomous vehicles is debated, with Kathy Wood favoring Tesla as the clear winner and Ed Niedermeyer arguing for a more fragmented market with specialization among different companies.
Deep dives
Kathy Wood's prediction of a $15,000 Tesla
Kathy Wood, during an interview, stated that Tesla would release a $15,000 vehicle within the next 10 years. While some may find this claim unrealistic, Kirsten Korosec plans to investigate further to see if there is any truth to it.
Competition in the Autonomous Vehicle Market
The idea of a winner-take-all market for autonomous vehicles is debated. While Kathy Wood believes that Tesla will be the clear winner, Ed Niedermeyer argues that competition will be more fragmented, with different companies specializing in different aspects of the market.
The Potential of the Robotaxi Market
Kathy Wood predicts that the revenue from robotaxis will reach $8-10 trillion in the next five years. However, Ed Niedermeyer questions this forecast, as profitability in the autonomous vehicle market has not yet been proven. He believes that one company needs to achieve profitability before competition can even be discussed.
Investments and Challenges in the Autonomous Vehicle Industry
Brian Slesky's company, Stack, raised over $1 billion in funding, which surprised many, considering the challenging fundraising environment within the autonomous vehicle industry. Softbank's investment in the sector is questionable, given their track record of investments in AV companies. The landscape is highly competitive, with startups struggling to raise capital and achieve profitability.
The gang catches up after a variety of trips, including to the Florida AV Summit. We take a final look back at summer (and some mobility shenanigans and news) now that fall is here.
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