Tesla (TSLA) could make more money from software subscription than hardware, says analyst
July 21, 2021
Morgan Stanley believes Tesla (TSLA) could end up making more money from selling software subscriptions than selling hardware, like its actual vehicles.
Tesla has been on a trend of offering paid services through software.
The automaker started charging $10 a month for its “premium connectivity” features.
Tesla also started selling software features in packages through its mobile app.
But…