Case Study #2: Tesla Autonomous Vehicles
"If you buy a Tesla today, I believe you're buying an appreciating asset, not a depreciating asset."– Elon Musk
Think about that statement for a second… you're buying an appreciating asset, not a depreciating asset. Wait, according to Generally Accepted Accounting Principles (GAAP), assets depreciate not appreciate. So, what is causing this asset to appreciate, not depreciate, in value? It's likely courtesy of Tesla's FSD AI-based Autopilot brain (a composable, reusable, continuously learning analytic module). Tesla cars become "smarter" and consequently more valuable with every mile that each of the 600,000+ FSD Autopilot-equipped Tesla cars are driven.
Elon Musk's statement that Tesla autonomous cars appreciate in value (that is, they become more valuable) is a result of the collective knowledge/wisdom/intelligence gleaned from the operational and driving data that is...