Take up of FSD by Tesla owners is at all time lows of 11%.
Investors are so often told Tesla is not a car company but a tech company. It makes no business to business tech sales of note. It sells little tech to customers beyond the basics seen in any automobile with only 11% of customers taking up its optional driver tech package.
Whilst we hear lots of hype over Tesla’s future tech sales and robo-taxis etc, companies like NVIDIA meanwhile are already selling driving systems-on-a-chip, their latest with AI capabilities and able to perform over 500 trillion operations per second:
The hype around Tesla and ignorance over actual EV and self-drive technology advancements in the market are stark.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.