And we aren't talking about deliveries...

Tesla’s Q2 2024 deliveries report shows strong numbers.

It produced 410,831 vehicles and delivered 443,956, beating Wall Street estimates. The stock jumped nearly 10% today in response.

However, Tesla’s real strength lies beyond these deliveries—in its full self-driving technology and potential robotaxi applications.

Google’s Waymo dominates the US robotaxi market for now. It has commercialized autonomous ride-hailing in San Francisco, completing over 20 million autonomous miles. Impressive, yet ARK Invest research reveals Tesla is generating 66 times more driving data with its 6 million vehicles on the road. This data advantage gives Tesla a significant edge in the race for autonomy.

Waymo, with its fleet of 600-700 vehicles, relies on partners like China’s Zeekr to scale and uses lidar for precision driving. It is still working out kinks, like hitting a telephone pole in Phoenix.

Tesla, on the other hand...

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