IA Trade Alert - TSLA FSD (Patreon)
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TSLA FSD is rolling out to China. I added 1% to my TSLA bag pure equity buy at $337.
Trend looks about to turn, deeply oversold, a signal on 4 hour should flash next - but rem we are not out of the macro woods yet... but FSD coming is huge. Let me explain why.
Tesla China looks set to start introducing FSD from the 2024.45.32.12 update. Autonomous Autopilot for City Roads: It recognizes traffic signals at lamps and intersections along the navigation path and makes left, right, and U turns. It also automatically changes lanes according to speed and path.
This could easily be a $1B+ opportunity in China by rolling out FSD. China has ~2M+ customers (current Teslas in China & more coming with the new Model Y). At a conservative 10 to 20% take rate, that’s 200,000 to 400,000 new FSD adopters paying $8,000 outright or $99/month. 1.6bn to 3.2bn in pure profit. Tesla China just opened the floodgates to the future of autonomy and not many are understanding this MASSIVE opportunity. This is a BIG deal.
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