Tesla recently released a driverless taxi, which attracted great attention from the global market. Musk called on investors who doubted Tesla's autonomous driving technology to sell their stocks, saying that they could not support Tesla's long-term development.

It is reported that the launch of Tesla's driverless taxi is scheduled for October 10. Musk called this technological breakthrough Tesla's "ChatGPT moment" and believed that after successfully solving the problem of autonomous driving, Tesla's market value will rise sharply.

The breakthrough of the FSD (full autonomous driving) system not only enables existing Tesla vehicles to achieve driverless driving through software updates, but also may make it a pioneer in general artificial intelligence.

Although Musk is confident in autonomous driving technology, there are different views on this in the market. Analysts pointed out that although Tesla's autonomous driving technology can achieve autonomous driving through video data, there may still be errors at critical moments, which shows that the technology still needs to be improved and regulated.

Musk believes that after the driverless taxi is on the market, Tesla will be able to enable millions of cars to achieve autonomous driving through software updates, thereby completely changing the traffic pattern. This technology will not only significantly improve efficiency, but also reduce the long-term costs of car owners and companies.

If Tesla's driverless plan is implemented smoothly, its market value may exceed $5 trillion, becoming one of the most valuable companies in the world, which will completely change its profit model.

Corestone Capital Chairman Will McDonald pointed out that the traditional car sales model is a "one-shot deal", while autonomous driving technology will enable Tesla to shift to a subscription-based recurring revenue model, thereby bringing more stable cash flow.

Institutional investors are particularly fond of this model because it guarantees a stable return on funds. Tesla is expected to achieve sustained revenue growth in the future by licensing FSD technology to other car manufacturers or consumers.

Tesla's driverless taxi plan poses a direct threat to shared travel giants such as Uber and Lyft. The driverless cars that Tesla plans to launch will no longer require steering wheels or pedals, greatly reducing operating costs and eliminating the burden of paying drivers' salaries.

Brad Ferguson, president of Halter Ferguson Financial, said that Tesla can further fill the supply gap in the US shared travel market. As consumers become more accepting of driverless technology, it is expected that the driverless taxi will attract a large number of daily commuters.

According to research, many users of shared travel services choose these services mainly because of convenience and economy, and Tesla's driverless taxis will be more competitive, thereby further expanding market share. This low-cost business model will pose a huge challenge to the market share of Uber and Lyft, forcing traditional shared travel platforms to readjust their business strategies to cope with competition from Tesla.

As the launch conference approaches, the market's optimism about Tesla is gradually heating up. The Federal Reserve recently cut interest rates by 2 points and may continue to cut interest rates in the future, which will reduce consumers' loan burden and stimulate car purchase demand. Although Tesla's profits have declined this year, its stock price has remained stable, reflecting the market's high expectations for Musk's plan.

Some well-known Tesla bulls, such as Gary Black, managing partner of Future Fund, warned that historical experience shows that launch conferences are often a time to "buy rumors and sell facts." However, Musk is not worried about this and emphasized that this launch conference will bring some "extra surprises."

It is also speculated that Musk may show other products at the launch conference, including the new Tesla Roadster sports car and a new version of the Optimus humanoid robot. In February this year, Musk promised to launch a new version of Roadster by the end of the year to attract more high-end consumers.

The invitation to the conference reads "We Robot", suggesting that Musk may show the latest version of the Optimus robot to further consolidate Tesla's leadership in AI and robotics.