Core Viewpoint - Tesla's robotaxi business and full self-driving (FSD) software represent a natural evolution in the automotive industry, rather than a desperate attempt to save a declining business [1][6]. Group 1: Stock Performance and Market Position - Tesla's stock has seen a decline in 2025, despite generating significant returns over the past decade, leading to concerns that it may be too late for new investors [2]. - The decline in electric vehicle (EV) sales growth, margins, and market share has raised questions about Tesla's future performance [2][3]. Group 2: Robotaxi Business as an Industry Evolution - The robotaxi business should not be viewed merely as a solution to current challenges but as an inevitable progression within the EV industry, supported by substantial investments from other automakers and tech companies in autonomous vehicles [3][6]. - The economic advantages of EVs, such as lower running costs compared to internal combustion engine vehicles, make them ideally suited for constant use in commercial applications like robotaxis [4]. Group 3: Future Outlook - Tesla is well-positioned to capitalize on the commercialization of robotaxis and FSD software, suggesting that there may still be opportunities for investors to engage with Tesla's future performance [6].
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