Tesla: A Pioneer in AI in the Race for the Future of Autonomous Mobility

Artificial Intelligence (AI) is presumably regarded as one of the most significant trends that will transform our daily lives in the coming decades. Although AI is still in the early stages of its development, companies like Nvidia and Palantir have already recorded remarkable growth in recent quarters. However, there are other potential winners that have not yet generated revenues from the sale of AI-related services and products but are well positioned to do so in the future. A prominent example is Tesla, one of the leading technology companies of our generation. Tesla has arguably contributed more to the automotive industry than any established car manufacturer since the Ford Motor Company introduced the Model T in the early 20th century. The electric vehicle manufacturer advanced the mass adoption of electric cars in the United States almost single-handedly, while most market participants remained skeptical about the potential of electric vehicles. The transition to electric vehicles is expected to take decades, but the technology company now has an even more significant development in its sights: autonomous driving. According to McKinsey & Company, driver assistance and autonomous driving systems could generate revenues of $300 to $400 billion by 2035. This not only opens up new revenue streams for Tesla from the sale of these systems but also additional business opportunities, such as a robotaxi service. With its extensive fleet of vehicles continuously generating real driving data, Tesla has a significant advantage. This immense and ever-growing amount of data serves the development and optimization of software for autonomous driving and helps Tesla maintain its leadership in this field. Moreover, Tesla’s vertical integration, from vehicle production to software and chip development, enables rapid and flexible optimizations of its own AI systems. In this context, the specially developed Dojo supercomputers also play a crucial role, as they train complex AI models with large amounts of driving data, enabling cost-efficient and widespread deployment. Tesla's long-term investments and pioneering work in the field of AI position the company as a leader in the emerging market of autonomous driving. If Tesla succeeds in maintaining its leadership position, billion-dollar revenues from this business field could soon follow. Furthermore, Tesla plans to build and sell humanoid robots named Optimus. According to CEO Elon Musk, these robots could be used in various sectors, from production to healthcare to education. Tesla expects that the deployment of Optimus robots could generate billions in profits. While these forecasts may seem overly optimistic, the potential is enormous, even if only a fraction of these goals is achieved. Musk's vision of deploying Optimus robots in its own production next year and starting sales to external customers by 2026 underscores Tesla's determination to bring this technology to market readiness. With continuous improvements in AI software and integration with advanced engineering capabilities, Tesla could have a significant impact on these new business fields. These developments could even surpass the value of Tesla’s existing automotive business. In the long term, Tesla's substantial use of AI could change investor perceptions. Particularly if autonomous driving and humanoid robots become reality, the impact on Tesla and its shareholders is likely to be significant. Investors should keep an eye on this company.