Tesla gave up the EV crown. Now it wants to win the autonomy race

Tesla is shifting its focus from car sales to autonomous driving and software subscriptions to increase its revenue and compete with its competitors in the Chinese market. The company is exploring a merger with SpaceX to accelerate its development of autonomous driving technology. Analysts believe that the software piece of the business is the key to high margins, and Tesla's competitors are also investing heavily in this area. Despite its growth, Tesla's sales goal of 5 million vehicles per year by 2030 may be ambitious, especially considering it only delivered 1.6 million last year.