Elon Musk’s $1B Tesla Stake: Dividend Hunter’s Perspective
Tesla’s June 22 robotaxi demonstration in Austin marked a pivotal moment in its capital allocation strategy. By deploying 10-20 Model Ys via the Uber app, the company is testing a monetization model that could diversify revenue beyond vehicle sales. While Alphabet’s Waymo remains the primary competitor in this nascent sector, Cathie Wood’s 2030 projection of 50 million global robotaxis-with Tesla capturing 50%-implies a $1.5 trillion addressable market. For dividend hunters, the critical question is whether this vertical can generate recurring cash flows sufficient to justify current valuation multiples.