Ark Invest in new blog post on @Tesla Robotaxis: "Tesla’s Austin factory alone could produce more vehicles than urban Austin’s entire ride-hail fleet in ~9 days. Notably, this estimate excludes Tesla’s planned production of ~2–4 million Cybercabs annually, slated to begin next year. Compared to Waymo, Tesla gathers ~40x more miles of real-world driving data per day from its full self-driving (FSD) vehicles and ~900x more from its global fleet, as shown below. That data foundation should enable Tesla to scale more quickly, without detailed mapping. Unlike Waymo’s geofenced model, Tesla’s data spans diverse geographies, enhancing its AI's ability to manage edge cases. Even Waymo acknowledged recently that data and compute are key variables in enhancing the performance of autonomous vehicles. Robotaxis are operating and serving customers today. While Waymo took the early lead, we believe Tesla’s end-to-end vision-only AI, vertically integrated manufacturing, and data advantages position it to dominate in the US, and perhaps globally, during the next few years."