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Investors are overlooking this incredibly valuable part of Tesla’s business

Tasha Keeney
Investors are overlooking this incredibly valuable part of Tesla’s business

ARK believes that analysts may be overlooking Tesla’s largest addressable market — autonomous mobility-as-a-service (MaaS). During its earnings call last week, Tesla (TSLA) introduced its Autopilot team for the first time as speakers during the prepared remarks. Based on the information presented by the Autopilot team on the performance characteristics of its in-house chip, we believe Tesla could be ahead of its competitors in the autonomous hardware space — a key element in the MaaS market.