Overall, the Tesla event today was a bit disappointing, perhaps due to high expectations? The 3% drop after hours also confirms the feelings of many, similar to mine.
I have to say, that RoboTaxi Cybercab is really cool, no steering wheel or pedals, just like a futuristic warrior. But the problem is, it is not legal to drive on the road yet, the federal vehicle safety law is not a joke. The cost is quite attractive, 0.03 million US dollars per vehicle, with low long-term operating costs, only 0.3-0.4 US dollars per mile. However, it will not start production until 2026, and Robovan doesn't even have a timetable.
Let's talk about the Optimus robot, with a production cost of 0.02-0.03 million US dollars, it sounds quite cost-effective. But in terms of intelligence, it will take a few more years, for now it can only do simple tasks like pouring water, dancing, playing rock-paper-scissors, which are quite basic.
How will Tesla's future trend be?
Purely from a fundamental perspective, Tesla's current stock price is severely overvalued, with an expected PE ratio of about 81 times, higher than the 67 times of the same period last year, indicating negative growth next year. The market is bullish on Tesla's self-driving cars and robots creating a lot of value in the future, but these two areas will not lead to performance improvement in the short term. Currently, the market's quantitative expectations do not clearly indicate how much profit these two areas can create in the future because it is really difficult to estimate. The only quantifiable expectation is the time when these two major opportunities will be realized. From this event, the expected start of production of the Cybercab in 2026 is lower than expected, and there are many regulatory and safety issues.