Autonomous Vehicle News
Full self-driving software and robotaxi servicesTesla's full self-driving (FSD) platform combines proprietary artificial intelligence software and hardware to bring autonomous navigation capabilities to its vehicles. FSD software addresses two massive market opportunities: autonomous vehicles and robotaxi services. Additionally, the company plans to monetize FSD software by commercializing robotaxi services. Subscription software and cloud services are typically sold at much higher margins than hardware, so Tesla should become increasingly profitable as FSD software and robotaxi services become larger revenue streams. But Tesla bulls argue that order-of-magnitude discrepancy reflects potential upside surrounding FSD software and robotaxi services.