Does Tesla Really Have the entire Auto Industry in Checkmate?

 

Does Tesla Really Have the entire Auto Industry in Checkmate?

Tesla's Valuation worth 1.2 Times more 

than the entire International Auto Industry Combined 

Brighter with Herbert's YouTube channel is the best source for all things Tesla, and one of my favorite regular guests is Jeff Lutz, whose analytical reasoning abilities are second to none. In the new episode below they talk about how Tesla's current market valuation is worth 1.2 Times more that all other automakers combined:

The graph above is beyond profound and really does illustrate and communicate the reality of the situation. If this is not direct evidence of checkmate, I don't know what is?

I have been arguing for the past 7 years that Tesla has had the entire automotive industry in checkmate, and if you watch the video below you will see how just Porsche alone has been effected by this new reality.

Waymo v. Telsa

Elon and Tesla are hyper-focused on the development of their CyberTaxi platform vehicles today, and with their new unboxed manufacturing process will be able to make one CyberTaxi every 10 seconds.

Today, there are only 2,500 Waymo vehicles on the road in their fleet, yet there are now 9 Million Tesla vehicles driving around earth collecting significant road data. 

Once Tesla gets moving full-speed-ahead on manufacturing CyberTaxi models it's estimated they will be able to crank out 38,000 CyberTaxi vehicles per week. That means in the first year Tesla will be able to add 2,000,000 CyberTaxi vehicles to their fleet annually, so the great question becomes, how can/will Waymo possibly be able to complete with Tesla?

Waymo vehicle driving recently on the streets of San Francisco

All of Waymo's existing fleet of Jaguar I-PACE vehicles cost between $150,000 and $175,000, which includes a base price of $75,000 for the I-PACE vehicle and an additional $100K for hardware retrofitting. Official product of CyberTaxi starts in April of 2026 at Giga Texas with a lower ramp: ultimate line rate of one ever 10 second (~36,000 per week per line) at a cost of around only $30,000 per CyberTaxi according to Elon Musk, and it's believed once Tesla hits economies of scale they will get the cost down as low as $20,000 per unit, so my question is how on earth will Waymo be able to compete with Tesla on any level?

CyberTaxi vehicle driving recently on the streets of South Lamar in Austin, Texas

Not only are CyberTaxi vehicles way less expensive to produce than a Waymo vehicle, but they look way simpler aesthetically as they don't look like a science experiment gone astray. Also, they can only seat 2 passengers, but the average United State ride hailing vehicle only drives between 1.3 and 1.4 passengers per trip. If you think about the average Uber vehicle, it seats 4 passengers, but one of them is a driver, so a standard Uber vehicle only offers 1 more seat per vehicle.