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Tesla Can Make Cybercab For The Same Money It Takes Waymo To Install Lidar Sensors On Its Robotaxi, Says Ark Analyst

Benzinga LogoBenzinga10h ago

Tesla Can Make Cybercab For The Same Money It Takes Waymo To Install Lidar Sensors On Its Robotaxi, Says Ark Analyst - Benzinga

Quick Summary:

Tesla Inc.’s (NASDAQ:TSLA) cost of making the entire Cybercab will roughly equal Alphabet Inc.(NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo‘s cost for installing lidar sensors on its robotaxis, according to Ark Invest analyst Brett Winton.

What Happened: The cost of manufacturing the Tesla Cybercab should be half the cost of manufacturing the company’s Model 3 or Model Y given the Cybercab has half the content as the other vehicles, Winton said.

The cost of purchasing Waymo’s lidar sensors together with installation charges will cost roughly the same amount, Winton said.

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Tesla Can Make Cybercab For The Same Money It Takes Waymo To Install Lidar Sensors On Its Robotaxi, Says Ark Analyst - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 06:58:04 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23361875

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News Last Updated: 8 hours ago

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Publisher ID: #53

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