Reported about 14 hours ago
Analyst Adam Jonas from Morgan Stanley believes Tesla could dominate the emerging 'low-altitude economy' (LAE), which involves aerial activities close to the ground, potentially worth trillions by 2050. Tesla's expertise in manufacturing, autonomy, and robotics positions it well against current competitors like Archer Aviation and Joby Aviation. CEO Elon Musk has emphasized the importance of developing a domestic low-altitude economy in the U.S., particularly regarding drone manufacturing capabilities. Tesla's advancements in autonomous vehicles may also contribute to its edge in this new market.
Source: YAHOO