$Tesla Motors(TSLA)$ said Future Fund Active ETF cofounder and Tesla shareholder, Gary Black. "We assume zero incremental robotaxi valuation."

Black hopes Tesla is successful. His approach is a more conservative way to size the opportunity. By the end of the decade, at the rate Tesla is selling cars, Black's approach might mean five million or six million drivers paying Tesla about $2,400 a year. That's a $12-billion-plus business with software-like profit margins.

# Winning Trades

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