--- title: "RoboTaxi, the official launch of Tesla's 'second growth curve', moving towards becoming the world's most valuable company" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/31304767.md" description: "Two things happened over the weekend: the commercialization of RoboTaxi and the delivery of new car autonomous driving (FSD) to customers' homes. This means Tesla is transforming from a pure car sales company into an AI operations company. There are several key points behind this: the transition from a car company to an 'AI operations company.' Previously, we might have thought of Tesla as just an electric vehicle manufacturer, but with the launch of RoboTaxi, it has become a company that truly uses AI to provide services..." datetime: "2025-06-30T08:38:06.000Z" locales: - [en](https://longbridge.com/en/topics/31304767.md) - [zh-CN](https://longbridge.com/zh-CN/topics/31304767.md) - [zh-HK](https://longbridge.com/zh-HK/topics/31304767.md) author: "[SpaceM](https://longbridge.com/en/profiles/7317605.md)" --- # RoboTaxi, the official launch of Tesla's 'second growth curve', moving towards becoming the world's most valuable company Two things happened over the weekend: the commercialization of RoboTaxi and the delivery of new cars with autonomous driving (FSD) to customers' homes. This means Tesla is transforming from a pure car sales company into an AI operations company. There are several key points behind this: - Transition from a car company to an "AI operations company": We might have previously thought of Tesla as just an electric vehicle manufacturer, but with the launch of RoboTaxi, it has become a company that truly utilizes AI to provide services. This aligns with what Elon Musk mentioned in the 2016 "Master Plan II," from autonomy to sharing, and now it has finally reached the "sharing" stage. - Initiating the next rapid growth cycle: Shifting from selling cars to high-margin mobility services and software subscriptions, with expected gross margins of 70-80%. The valuation logic changes as it transitions from a traditional automaker to a tech/mobility service company. - Austin is the "litmus test" for the profit model: Although the initial cost of RoboTaxi is high and the pricing is symbolic, Tesla doesn't need to roll it out in all cities at once. As long as it can prove profitability in Austin and compete with rivals like Waymo and Uber, once profitability is validated in one location, the model can be replicated elsewhere, naturally driving up valuation. - Unique cost and scalability advantages: Tesla has a significant cost advantage over Waymo in operations. For Waymo, each additional vehicle or city operation means more losses due to its "heavy asset" model, which involves purchasing vehicles from other manufacturers and installing expensive hardware. In contrast, Tesla's vehicle manufacturing costs are much lower. Moreover, Tesla produces more vehicles in a single day than the total number of RoboTaxis Waymo currently has. Additionally, all Tesla vehicles in Austin equipped with AI-4 chips could potentially become part of the RoboTaxi fleet in the future. This production capacity and the vast potential of the existing fleet give Tesla a natural valuation advantage in future scalability. - Long-term "slow then sudden" growth: As Cathie Wood put it, "slowly and then suddenly." Although the initial scaling (based on AI-4 chips) may be limited by operational groundwork, in the long run, the emergence of AI-5 chips will be the "moment" for RoboTaxi's true large-scale expansion, possibly aligning with the mass production of Cybercab to provide the necessary computing power for larger models. This means future valuations will see another leap. > Most of the content is sourced from Moneyxyz and observations and interviews by Lao Yu. ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) ## Comments (42) - **风羽冷 · 2025-07-01T02:03:56.000Z**: Too much volatility - **张胆明目 · 2025-07-01T01:20:55.000Z**: Tesla is not a concern, the only worry is Musk getting involved in U.S. politics. How can he compete with the Anglo-Saxon Jewish old money? Just don't get himself shot. I'm still optimistic about this AI company, after all, so many smart Chinese are making a living there. - **Marphew · 2025-06-30T12:57:45.000Z**: Why don't you say it's about faith rather than performance? - **cjqsft · 2025-06-30T12:48:35.000Z · 👍 1**: Ignoring performance and focusing on faith, right? Correct, I support you 😋 - **我不玩了把钱还我 · 2025-06-30T12:47:00.000Z**: Cherish bloggers who are willing to write meaningful content in the community. For those trolls in the comments section, remember to introspect when you lose money, don't fucking blame others. - **复利Ray · 2025-06-30T12:22:57.000Z · 👍 1**: Waiting for 📉 to add positions, already sold some. This month's delivery data, earnings report, and tariffs feel a bit risky. - **吃饭睡觉骂马斯克 · 2025-06-30T11:04:32.000Z · 👍 1**: Stock price is the most authentic reflection of value - **2026学会止盈 · 2025-06-30T10:21:40.000Z**: I'll get on board if it's below 300. This is the third time I've been shaken off, but the good news is I'm still making a profit. - **Tracy. · 2025-06-30T09:58:29.000Z**: Stock prices are just numbers, naive investors won't understand - **Vienne · 2025-06-30T09:49:46.000Z**: Oh - **Liaowei · 2025-06-30T09:45:45.000Z**: What's your take on the recent disturbances? - **STAR GAZER · 2025-06-30T09:34:58.000Z**: Is it time to set up a long-term call? 🤔 - **新之助的交易员 · 2025-06-30T09:17:25.000Z · 👍 1**: It will take some time for the profits to materialize, but I'm still bullish on Guo Yu in the long run. - **相信概率 · 2025-06-30T08:51:23.000Z · 👍 1**: Individual stocks are all about luck. Outperforming Buffett in certain years with P/E ratio is also luck. Many people mistake luck for ability. - **老王专属 · 2025-06-30T08:49:03.000Z · 👍 2**: Recently got slaughtered by Tesla, Xiaomi's stock price is likely to be discounted when it comes out, it all depends on whether the radish and robots can pick up. - **Lawyer de Vincent** (2025-06-30T09:54:01.000Z): You must persevere, Lao Wang! - **老王专属** (2025-06-30T10:04:56.000Z): Originally, I had a 70% profit this year, but now it seems to be only over 20%. I'm totally screwed. - **Lawyer de Vincent** (2025-06-30T10:14:33.000Z): Well, my Tesla profits have also retracted by 60%. - **SpaceM · 2025-06-30T08:43:32.000Z · 👍 17**: Don't focus too much on stock prices, focus on the changes in the world. Stock prices are the result, not everyone can see that result.To all friends holding Tesla, let's encourage each other. - **我的技术分析像屎** (2025-06-30T09:02:27.000Z): God-level understanding. Everyone comes to buy stocks but is told not to focus too much on stock prices. Are we supposed to focus on which woman Elon Musk is having a child with? - **junadv** (2025-06-30T09:04:30.000Z): No one is stopping you from shorting - **我的技术分析像屎** (2025-06-30T09:05:43.000Z): Cut it out, I would have shorted if I weren't stuck with the money 🙏🏻 Let's see your Tesla gains? - **Patience is key in life · 2025-06-30T08:42:30.000Z**: Ignore volatility - **PPANDA · 2025-06-30T08:41:07.000Z**: Lost badly, can't hold on anymore