The data from their self driving pilots disagrees even if it works for you. Its simply not read to be a taxi that makes money by itself.

It might a nice feature for your car to have. But most people aren't paying for it, the conversion rate is very low.

So they are not making money from taxis and not making much money from software sales.

So does it matter that for you personally it drives you around sometimes?

Even if you price in a 4x increase in FSD buy conversion ratio, you can't explain the stock price.

And I say this as a former Tesla investor who assumed that conversion ratio would be better then it is. But for that reason (and many others) I couldn't justify the valuation and dropped the stock.