Morgan Stanley’s automotive analyst, Adam Jonas, believes that investors are not recognizing the value of Tesla’s autonomous vehicle technology. GM’s Cruise Automation and Waymo seem to get healthy valuations from Wall Street according Jonas. But it’s Tesla that potentially has the most real-world autonomous data. Tesla believes that there’s no substitute for real world miles driven when training artificial intelligence for autonomous driving. And Tesla has significantly more “miles driven” than Cruise or Waymo. CEO, Elon Musk, is saying that Tesla’s autonomous driving technology will be “feature complete” by the end of 2019, and that the company’s robo-taxi service could launch by the end of 2020.
Is Tesla’s Full Self-Driving Technology Undervalued?
