Breaking News
Trump defends AG Pam Bondi amid Epstein file backlash: 'Let her do her job'
Metal fuses in space - with no heat or pressure
In case you missed it...AIRLINE GIANT EMIRATES TO ACCEPT BITCOIN AND CRYPTO FOR FLIGHTS
Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%
Top Tech News
Magic mushrooms may hold the secret to longevity: Psilocybin extends lifespan by 57%...
Unitree G1 vs Boston Dynamics Atlas vs Optimus Gen 2 Robot– Who Wins?
LFP Battery Fire Safety: What You NEED to Know
Final Summer Solar Panel Test: Bifacial Optimization. Save Money w/ These Results!
MEDICAL MIRACLE IN JAPAN: Paralyzed Man Stands Again After Revolutionary Stem Cell Treatment!
Insulator Becomes Conducting Semiconductor And Could Make Superelastic Silicone Solar Panels
Slate Truck's Under $20,000 Price Tag Just Became A Political Casualty
Wisdom Teeth Contain Unique Stem Cell That Can Form Cartilage, Neurons, and Heart Tissue
Hay fever breakthrough: 'Molecular shield' blocks allergy trigger at the site
AI Getting Better at Medical Diagnosis
FSD and Teslabots Could Each More than Double Tesla Profits by 2025
However, this is not the case. Full self driving software is already being used by over 100,000 drivers for the past months and Elon has said that 1 million people could be using FSD by the end of 2022.
Full self driving having all of the features to safely drive on all roads would mean that all of the revenue would be recognized on Tesla financials. Currently, only half of the FSD revenue is recognized. If four times as many people buy something that is fully working and 100% of the revenue is recognized this would increase FSD revenue by 8 times. FSD is software and all of the expenses are currently in R&D. Any new revenue recognition would be all profit.
FSD by end of 2022 or 2023 could double Tesla overall profits.
Tesla is ready to use and train Teslabots in their factories. This will enable Teslabots to speedup production starting in 2023.