- Foresightful entrepreneur Elon Musk You may want to solve the issue of commercializing your aviation coursesalso known as an electric vertical takeoff and landing (EVTOL) vehicle, claimed Morgan Stanley Autos analyst Adam Jonas.
Most Tesla equity analysts tend to focus primarily on the company’s core automotive business when they value the company, but not Adam Jonas.
In his latest research notes, Morgan Stanley Bull argued that Tesla could leverage his artificial intelligence, batteries and manufacturing expertise to enter the fledgling market of aviation tax, also known as Electric Vertical Takeoff and Landing Vehicles (EVTOL).
For many years, these aircraft have been predicted to revolutionize urban transport, but so far, even major providers like Archer Aviation are still in development.last weekThe midnight prototype, which is scheduled for its first delivery to Abu Dhabi’s Gulf Emirates later this year, successfully completed pilot flight tests.
Jonas believes that solving this technology problem is exactly a challenge Tesla engineers love to tackle, but Tesla has not completely rebutted the idea, but said it was too thin and too thin to contemplate evtol.
“In our opinion, it’s a distinctly a different type of answer,” he wrote to his client. Report by Teslalati. “Is Tesla an aviation/defense technology company for automobiles/consumer clothing?”
luck Jonas’ comments could not be independently verified, and Tesla did not respond to requests for a statement.
The White House hopes the US will lead in Evtols
The Trump administration is similarly interested in supporting the emergence of flying cars as a means of transportation.
“evotls [sic] We are going to fundamentally change how public moves. Let’s make sure the US is leading the way,” said Transport Secretary Shawn Duffy. Posted on monday.
Currently, the EVTOL market can use any assistance it can get. Many promising startups, including Lilium and Volocopter, fell into financial trouble before developing commercially viable services.
Part of the problem is that EVTOL needs to meet very high safety standards, but at the same time remains completely autonomous. This is because expanding your business usually means removing expensive pilots from the equation. They also found not enough customers with pilot licenses.
However, whether Tesla will enter the market is debate.
Meanwhile, Tesla CEO Elon Musk was clear about where his focus was. Currently, all attention lies in an autonomous ride fleet set up to start operations in Austin this month. Commercialization of Robotakshi exclusively for the prototype Cyber Cub. Introducing Optimus Humanoid Robot to the market.
Jonas sees growing threats to Tesla’s EV business from China
Meanwhile, Musk is a chameleon who not only focused on AI-enabled robotics from EVs, but also convinced shareholders that maintaining investment would ultimately pay off beautifully by commercializing his prototype Droid Optimus. Additionally, Aeronautics is the key expertise of SpaceX, another major Musk company, enabling potential collaboration.
Jonas’ Evtol Idea is not the first time he has publicly proposed a new business idea that can capture the imagination of investors. Morgan Stanley’s auto analyst once insisted that his clients should consider taking on Apple in the lucrative smartphone market for Tesla.
Recently, he has become increasingly concerned about the growing competitive threat posed by Chinese EV brands. Products like the Xiaomi Yu7 Crossover could offer better value than Tesla’s own rival Model Y or other Western competitors.
“China may already have won EV battles,” Jonas wrote later last month, adding that “it explains why Tesla is all-in-autonomous, away from the ‘cars’.”
This story was originally featured on Fortune.com.
