The only way to get into Elon Musk’s Robotaxi before its 10/10 debut

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The only way to get into Elon Musk’s Robotaxi before its 10/10 debut

Editor’s note: Tens of thousands of dock workers went on strike Tuesday morning over pay…and automation. Last year, Hollywood writers went on strike over pay plans… and artificial intelligence. Other labor groups are pushing state legislation to ban the use of driverless trucks.

While we’ve heard for years about autonomous vehicles and artificial intelligence wiping out jobs, we’ve yet to see much on-the-ground evidence of this. In fact, I don’t blame you if you’re wary of believing some of the more outlandish claims about these technologies out there. Clearly, though, workers aren’t just worried… they’re willing to put their jobs on the line to keep these technologies at bay. Someone knows something.

my colleague Luke Langoone of the senior analysts at InvestorPlacehe definitely knows something. He’s been following these technologies for years…and helping his members make serious investment gains with his recommendations. And, he says, in just over a week, on October 10, Elon Musk is set to unveil Tesla’s Robotaxi project. He expects that launch to convince even the most skeptical among us that driverless vehicles are very real. Luke is hosting an event to discuss this specific development further – and show us ways to take advantage of it Monday, October 7, 10 a.m. Eastern. You can sign up and reserve your spot for that event right now by going here.

Luke, for his part, needs no further evidence to be convinced that what he calls the “Age of Autonomous Vehicles” is upon us. That’s because he saw her…well, on his doorstep. I invited him here today to explain.

To you, Luke…

About a month ago, I flew home from a business trip at Phoenix Sky Harbor International Airport. It was late. My wife and children were sleeping. So, I got a ride from a ride app. The car arrived. He took me to my house in the suburbs. He left me.

It was a typical travel experience.

Except for one critical detail…

There was no driver.

The car that picked me up from the airport, drove me through Phoenix, and dropped me off at my house had no driver.

It was a fully autonomous vehicle operated by Waymo.

Waymo is the autonomous unit at Alphabet Inc. (Google). They have been working on developing autonomous vehicle technology for over a decade. For the past few years, they’ve been quietly testing their technology with self-driving cars in Phoenix and several other US cities. People in those cities can hail a self-driving Waymo and drive it from place to place. I bet many of you live near one of them and can try this yourself

This is what I did for my trip from Phoenix Sky Harbor International to my home.

And you can see my video report during that trip right here.

Here’s how it works

After downloading the Waymo One app, I hailed a ride, the same way you hail an Uber or Lyft through their apps.

Arrived at the airport pickup location. I unlocked the car with my phone. I stepped behind the vehicle. Put my luggage. I put on my seat belt. And I clicked “Start Ride” on an iPad-like display in the backseat.

The Waymo — which in my case was a Jaguar — drove itself away from the airport, navigated Phoenix traffic, and about 30 minutes later dropped me off safely at my home.

It was a wonderful experience.

And not an isolated one.

Waymo currently delivers more than 100,000 self-driving rides per week in Phoenix, San Francisco and Los Angeles.

There are many walks!

And they grow fast. Just a few months ago, Waymo was doing only about 50,000 rides per week — meaning it doubled its ride volume in just a few months.

I think that number will also double in the next few months.

Earlier this summer, Waymo announced they were expanding their driving range in Phoenix and expanding onto highways. Less than two months ago, they announced the expansion of their driving areas in San Francisco and Los Angeles. And in just a few months, Waymo plans to launch autonomous rides to Austin and Atlanta.

In addition, the company has collaborated with Uber Technologies Inc. (UBER) to autonomously deliver food through Uber Eats in select locations, including Phoenix.

Waymo is firing on all cylinders.

Maybe that’s why Alphabet just pumped in an extra $5 billion. With that much funding, I wouldn’t be surprised to see Waymo operating in every major US metro by the end of 2025.

But Waymo isn’t the only one making self-driving cars a reality.

Aurora Innovation Inc. (GOLD) is an autonomous transportation company that has partnered with major transportation firms such as Paccar, Volvo, and Uber Freight to develop fully autonomous trucks. Kodiak Robotics is a private startup focused on manufacturing autonomous trucks.

Both are preparing to launch fully autonomous trucks on public roads without safety drivers later this year in Texas. That means in just a few months, you could see an 18-wheeler on a Texas highway hauling goods from town to town.

Aurora also plans to roll out self-driving trucks in the Phoenix area soon.

Maybe we’ll even see them in California. Just yesterday, for the second time in two years, Governor Gavin Newsom vetoed a bill that would have banned driverless trucks from his state’s roads. As a longtime Californian – before recently moving to Arizona – this was something I never expected.

Meanwhile, in China, Baidu Inc. (BIDU) launched an autonomous transportation service called Apollo Go. This service appears to be as big as Waymo, completing nearly 100,000 rides per week.

And next week, the world’s richest man – Elon Musk – is set to unveil his autonomous vehicle technology platform, called Tesla Robotaxisin what some are calling his firm’s biggest reveal in years…

The era of autonomous vehicles has arrived

Folks, the writing is on the wall.

With Waymo and Apollo Go each completing about 100,000 autonomous rides per week and expanding rapidly… Aurora and Kodiak are poised to launch fully autonomous trucks on public highways within months, if not weeks… and Elon Musk is is preparing to unveil its autonomous Robotaxi on October 10th … we think it’s absolutely safe to say that…

The era of autonomous vehicles has arrived.

Self-driving cars are here. They spread quickly. And they won’t stop spreading until they become ubiquitous across the globe, replacing human-driven cars, trucks and buses everywhere.

Of course, the arrival of the Age of Autonomous Vehicles also means the arrival of huge opportunities in AV stocks.

The global transport services market is estimated at more than 7 trillion dollars.

Autonomous vehicles will disrupt the entire $7 trillion industry. It will change everything about everything in the industry.

Huge investment opportunities should emerge from all this change.

Of course, the obvious choices in this space are Alphabet and Tesla Inc. (TSLA). The former owns Waymo. The latter is about to launch Robotaxi. If Waymo and Robotaxi expand and take over the global ride-hailing industry — estimated to be an $11 trillion market by 2030 — GOOGL and TSLA stock will be big winners.

But I don’t think they will be the biggest winners.

Alphabet and Tesla are already large, well-established companies. The inherent advantage is limited.

But the inherent advantage to their potential suppliers is much less limited because they are much smaller.

That’s why I think the best way to play Age of AVs is to buy shares in lesser-known low-cap AV technology providers – not title operators.

The Final Word

On Monday, October 7, 10 a.m. EasternI will be hosting a show in due course to help you understand the importance of the AV Age. Just go here to register and save your place.

In that show, I’ll break down all the recent groundbreaking developments in the autonomous vehicle industry, including how driverless cars are set to completely transform transportation, save millions of lives, and potentially put up to $30,000 a year in passive income into pocket.

We’ll also dive headfirst into the highly anticipated launch of Robotaxi, which could unlock a whopping $9 trillion in value — more than all of Elon Musk’s companies combined.

While Musk has been promising self-driving technology for years without much real evidence, I believe a small $3 company holds the key to unlocking that promise. This upcoming Robotaxi event could cause this company’s stock to skyrocket. During my broadcast, I’ll show you how to get that company’s name and ticker…and my entire playbook of the best AV tech vendor stocks to buy right now.

It’s your chance to get ahead of the curve and potentially spot the next batch of superstar tech stocks before they blow up.

Trust me. You don’t want to miss this game-changing broadcast.

Click here to reserve your spot now and position yourself for potentially life-changing earnings.

Sincerely,

Luke Lango

Editor, Investing in hypergrowth

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