Tesla (NASDAQ: TSLA) just lately talked about quite a lot of matters with Wall Road agency Piper Sandler, because the agency launched a brand new be aware on Friday about their assembly with the corporate’s Investor Relations group.
In keeping with the be aware from Piper Sandler, Tesla talked intimately in regards to the Semi program, Optimus, and its potential valuation given its capabilities, the rollout of Robotaxi in Austin, and Full Self-Driving progress in america.
Tesla Semi Ramp
The Tesla Semi is set to enter mass manufacturing in 2026 at a devoted manufacturing facility close to the corporate’s Gigafactory in Reno, Nevada.
The Semi has already been in pilot program testing, as Tesla has partnered with a number of corporations, like Frito-Lay and PepsiCo., to carry out regional logistics. It has been met with glorious evaluations from driversand it has helped give Tesla a good suggestion of what to anticipate when it makes its technique to extra corporations within the coming years.
Piper Sandler mentioned that it’s evident Tesla is making ready for a “main ramp,” however it’s retaining its expectations low:
“We’ve by no means anticipated a lot from this product, however we’d like to be confirmed fallacious (Tesla is clearly prepping for a significant ramp).”
Tesla Optimus and its worth internally and externally
Optimus has been working in Tesla factories for a whilehowever its expectations as a product providing outdoors of the corporate internally have main implications.
Its position inside Tesla factories, for now, is comparatively low, however Optimus continues to be doing issues to help. By this time subsequent yr, Piper Sandler mentioned Optimus ought to have greater duties:
“By this time in 2026, Optimus ought to be shifting/staging elements inside Tesla’s services.”
Exterior of Tesla, Optimus could possibly be a significant beneficiary for corporations because it could possibly be a extra inexpensive technique to deal with tedious duties and guide labor. The agency believes that if Optimus can work 18-hour shifts, a price of $100,000 per unit “could be justified.”
Tesla Robotaxi Enlargement
The massive focus of the agency with Robotaxi was Tesla’s enlargement of the geofence in Austin this week. It was substantial, bringing the Robotaxi’s complete service space to round 170 sq. miles, up from the roughly 90 sq. miles that rival Waymo is providing within the metropolis.
Tesla Robotaxi geofence enlargement enters Plaid Mode and features a shock
Tesla has doubled its geofence 3 times since its launch in late June, and it additionally revealed that its fleet of autos has expanded by 50 p.c. It didn’t give a strong variety of what number of autos are working within the fleet.
Tesla Full Self-Driving v14 launch
Tesla’s Full Self-Driving suite is ready to have a recent model, v14rolled out in both September or October, and there are some fairly excessive expectations for it.
CEO Elon Musk mentioned:
“The FSD launch in about 6 weeks can be a dramatic acquire with a 10X larger parameter depend and lots of different enhancements. It’s going by way of coaching & testing now. As soon as we affirm real-world security of FSD 14, which we expect can be superb, the automobile will nag you a lot much less.”
There’s additionally some expectation that v14 could possibly be the general public launch of what Tesla is working in Austin for Robotaxi. The agency confirmed this of their be aware by stating it “ought to allow Tesla homeowners to make use of software program that’s on par with Robotaxis in Austin.”
The one actual maintain up could be regulator skepticism, however Tesla can alleviate this with sturdy knowledge.
The agency maintained its ‘Chubby’ score and the $400 worth goal it holds on the inventory.
