Chief Investment Strategist, The Freeport Society
Editor’s Note: On Thursday, October 10, Elon Musk is holding his highly anticipated We Robot event.
He’s expected to reveal Tesla’s plans to compete with traditional ride-hailing services Uber and Lyft, including a Cybercab prototype.
It’s Tesla’s own driverless “robotaxi.”
This marks a major step forward in Tesla’s vision for self-driving technology.
And according to my friend and tech investing expert, Luke Lango, it’s the last major investing opportunity of the year.
In fact, Luke believes now may be the last time you can position yourself to profit from the robotaxi trend before prices get out of range.
He’s hosting a special strategy session all about it tomorrow, Monday, October 7 at 10 a.m. ET.
It’s free to attend. And Luke will give away the name and ticker symbol of another play on Musk’s robotaxi that could 10x your money in the coming years, no strings attached.
So, I think you’ll find it not only fascinating, but also highly profitable.
Sign up and reserve your spot here. Then read on below for more from Luke on why we’re at a “tipping point” for robotaxis and other autonomous vehicles. And why this megatrend needs to be on your radar.
- Charles
The Age of Autonomous Vehicles Has Arrived
By Luke Lango, Investment Strategist, InvestorPlace
Sometimes the future comes faster than you think…
I recently flew into Sky Harbor International Airport in my hometown of Phoenix.
It was late.
My wife and kids were asleep.
So, I hailed a ride in an app. The car arrived. It took me to my home in the suburbs. It dropped me off.
It was like a regular Uber or Lyft ride, except for one important detail…
There was nobody in the car except me and a bunch of sophisticated sensors and electronics.
You can check out a video I recorded on my iPhone below.
The car that picked me up, drove me through Phoenix, and dropped me off at my house was a Google-made autonomous vehicle (AV)… aka a “robotaxi.”
Waymo is the self-driving division of Alphabet (GOOG), Google’s parent company. It’s been working on developing autonomous vehicle technology for over a decade.
And over the past few years, it’s rolled out autonomous robotaxi services in Phoenix and San Francisco.
Folks in those cities can hail a Waymo AV. It will take them from A to B with no human driver in the car using its AI-powered piloting system.
And San Francisco and Phoenix are just the beginning…
A New Age Has Begun
Waymo is also testing in Los Angeles. And it’s expanding to Austin and Atlanta, Georgia early next year through a partnership with Uber.
After that, I expect Waymo to launch in one or two new cities almost every month.
So, by the end of next year, we’re talking two dozen – maybe three dozen – cities that will have at least some Waymo capability.
And that’s just one part of the story…
On the interstate, a company called Aurora (AUR) is doing autonomous trucking. That’s happening in Texas. Aurora is autonomously hauling freight on trucks. These are loaded semi-trucks taking goods from one city to another, without a driver. An autonomous AI system is doing the work instead.
And next Thursday, October 10, the world’s richest man, Elon Musk, is holding his much-hyped “We Robot” event.
He’s widely expected to showcase Tesla’s own robotaxi – dubbed the Cybercab.
Folks, the writing is on the wall – the Age of Autonomous Vehicles has arrived.
Self-driving cars are here.
They’re spreading rapidly.
And they won’t stop spreading until they’re the dominant mode of transport everywhere.
And that means huge opportunities to profit for us as investors in AI and autonomous vehicle stocks.
How to Play It
The investment case is simple…
The global transportation services market is estimated at more than $7 trillion.
AVs will change everything about everything inside that mammoth market.
Huge investment opportunities will emerge out of that change.
The most obvious way is Alphabet (GOOG).
It’s trading at about 19 forward earnings. That valuation makes sense based on Google’s core business of advertising, search, and cloud businesses alone. So, shareholders are getting Waymo for free.
And if Waymo starts to add billions of dollars in revenue – and hundreds of millions of dollars in profits – over the next few years, its share price could double.
Another way to go is Tesla (TSLA). As I mentioned, it’s launching its robotaxi concept in just over a week from now.
Wall Street is valuing its stock based solely on its electric vehicle business. But if you throw in Tesla’s autonomy software and a potential robotaxi network, it’s no longer just a car company. It’s something much, much bigger.
Another pure play is the autonomous trucking company I mentioned earlier, Aurora. I’ve been researching this a lot, and it’s the leader in autonomous trucking, without much competition.
But these won’t be the biggest winners of the AV megatrend.
Alphabet and Tesla already have massive market values. Alphabet is worth about $1.8 trillion. And Tesla is worth $800 billion. That makes them the fourth and twelfth largest U.S. companies by market cap.
So, their potential upside is limited.
But the inherent upside for the potential suppliers is much higher. Many of these stocks are small-caps with market values of less than $2 billion.
That’s 1/900th times smaller than Alphabet.
Small-cap companies are also at earlier stages of development compared to mega-cap companies. They have more room to grow, expand market share, develop new products, or enter new markets.
And as they scale, their earnings and revenues can increase rapidly.
This means small-cap stocks tend to see more explosive gains than tech giants like Google and Tesla.
That makes small-caps in lesser known AV suppliers is the best way to play the boom ahead – not the headline operators.
I’m so excited about this opportunity, I’ve put together a special strategy session all about it.
Join Me Tomorrow to Find Out More
Tomorrow, October 7, at 10 a.m. Eastern, I’m hosting a special broadcast all about the opportunities ahead in Age of AVs.
I’ll show you some of the groundbreaking developments Avs – including how they’ll save millions of lives and potentially put up to $30,000 a year in passive income in your pocket.
We’ll also dive into Elon Musk’s highly anticipated robotaxi launch that could unlock a staggering $9 trillion in value. That’s bigger than all of his companies combined.
(Musk has been promising self-driving technology for years without much actual evidence. But believe a tiny $3 company holds the key to unlocking this promise.)
Musk’s event could send shares of this company skyrocketing. During my strategy session, I’ll show you how to get the name and ticker of that company… and my entire playbook of the best AV supplier stocks to buy right now.
It’s your chance to get ahead of the curve and identify the next batch of superstar tech stocks before they explode.
Go here to immediately reserve your seat and position yourself for potentially life-changing gains.
See you at 10 a.m.
Luke Lango