Paffcio69 @Paffcio69: "Dear investors, a few days ago..."

Poland

Dear investors, a few days ago $TSLA (Tesla Motors, Inc.) announced a delay in the presentation of its model dedicated to the RoboTaxi market. The market perceived this quite negatively and reduced the company's value by several percent. This shows how high the market expectations are when it comes to the introduction of this service. Musk himself said that this market may only reach its true scale around 2030 and this is related to the scaling of car production itself, but also to legislative changes. We already have many cities in the USA or China that allow autonomous cars, but there are very few that allow autonomy without human supervision. Shanghai has just joined the list of such cities. The city's authorities said in an official statement that China cannot be left behind in such tests if the USA is already testing. Because China cannot be worse than the USA. And that's great, I fully support such arms races. The more autonomous miles driven, the better. The whole thing builds on the knowledge on which the world develops. Let's add to this, recent reports regarding the latest achievements in energy storage technology, i.e. building batteries. At this very moment, new batteries will enter mass production, which, with reduced weight, will be able to store 10 times as much energy as the current capabilities. And this, in turn, may mean that the average range of an electric car will increase to about 2,000 km or more on a single charge. The price of such a battery itself is also expected to drop significantly, and as we know, this is the main barrier to the expansion of this technology today, after weight and size. In a word, there is not a quarter that goes by without one of the companies in my portfolio, e.g. $VC (Visteon Corp), $ADI (Analog Devices Inc) or $MRVL (Marvell Technology Group Ltd), not announcing something new that brings us closer to the popularization of the trend my portfolio is focused on, i.e. Transportation as a Service.

4 Mentioned

TSLA

Tesla Motors, Inc.

Visteon Corp

ADI

Analog Devices Inc

MRVL

Marvell Technology Group Ltd