Amidst Tesla’s (TSLA) meteoric rise, a sizable contingent of investors have become skeptical of its ability to live up to its market capitalization. They point to the company’s “ludicrous” valuation, increasing competition from established automakers, and concerns around cash management. If Tesla were solely an automaker or even an automaker with green energy production capabilities, these bearish investors’ claims may have some validity. But it is not. In fact, one of Tesla’s most significant assets – its vehicle data – is overlooked by nearly everyone, despite its incredibly immense potential.

Tesla is a world leader in car data, which can be monetized in myriad ways often neglected by market analysts

Tesla started collecting driving data, including data on location, speed and acceleration measures, steering, the surrounding driving environment (from cameras and ultrasonic sensors), and personal settings, in 2018. Since then, the company has collected over 3 billion miles of real-world driving data. To put the incredible scale of this in perspective, one would need to circle the Earth 378,891 times to travel 3 billion miles. Indeed, the scale of Tesla’s data-gathering operation is unmatched. Its closest competitor, Waymo, has only amassed 20 million miles, and other self-driving car companies are struggling to crack the 1 billion mark. George Paolini, a former EVP at SAP, has called it “the most effective crowd-sourced AI/ML training initiative around today.” Despite its commanding position, Tesla has yet to see significant financial benefits from this plethora of data…CLICK for complete article