ARK Invest says CFO Vaibhav Taneja's remarks about Tesla developing all modes of transportation may relate to CEO Elon Musk's other ventures, including SpaceX and The Boring Company. ARK suggests Tesla could work with The Boring Co. to move some robotaxis underground to avoid congestion, and might also pursue electric aviation. ARK says the share of North American deliveries with an FSD subscription rose from about 55% to more than 75% from the second to the third quarter, a higher conversion rate than GM's Super Cruise (40%) and SiriusXM (39%), despite a shorter trial period and a higher price point. It also reiterates earlier comments that robotaxis could represent more than 80% of Tesla's future enterprise value. On a possible Tesla–SpaceX merger, ARK says it would be a 'substantial win' for both shareholder bases, citing shared technology such as Starlink antennas in Cybercabs.
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TSLAElon Muskelectric vehiclesSpaceX
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/26/2026 | 391.69 |
| Change that session | +5.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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