Most Bullish News I've Heard in a While (Patreon)

Elon just hinted Tesla may never build the Model Y L variant in the US — because the focus is shifting to FSD and Robotaxis. That’s insanely bullish, since robotaxis could generate multiples more profit per vehicle than selling cars ever could.

Instead of being limited by car sales margins, Tesla is pivoting toward recurring, high-margin revenue from robotaxi services. That’s a fundamental business model upgrade.

Selling a car yields a one-time profit of perhaps $10k–$15k per unit. A robotaxi, however, can generate hundreds of thousands of dollars in lifetime service revenue by continuously working, similar to Uber but without labor costs.

Robotaxis don’t just replace car ownership; they tap into the entire transportation-as-a-service market, which is vastly larger than the auto sales market. Think trillions, not billions.