What is TaaS? | TaaS Stock Explained by Whitney Tilson

Full overview of why this tech trend is taking the world by storm…

Former hedge fund manager and America's most accurate technology investor, Whitney Tilson, recently went public with the most important investment story of 2021.

So far, the convergence of 2 transformational technologies has:

  • Attracted a $1.2 billion investment from the world’s richest man
  • Sent some stocks soaring as much as 100% in a single day
  • And will create more new millionaires over the next decade than anything else on the planet…

Get the story directly from the legendary investor himself below.

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Whitney Tilson's Track Record

In December 2008, legendary investor Whitney Tilson explained to 60 Minutes anchor Scott Pelley that there would be a second wave of the U.S. mortgage crisis, but nevertheless the stock market would soar.

Soon after… stocks started the biggest bull market run in U.S. history.

Then, in March 2015, Tilson appeared again on 60 Minutes, this time with Anderson Cooper, and revealed a huge scandal at one of America’s largest home-improvement companies, Lumber Liquidators.

Soon after, the company’s stock price fell nearly 80%.

And that brings us today…

Whitney Tilson – one of the most famous former hedge fund managers in America, who’s appeared twice on national television to explain major financial news stories – is stepping forward again… But this time, he’s not waiting for 60 Minutes.

“The biggest economic and financial story in America that almost no one’s talking about.”

Whitney Tilson

Tilson says the recent convergence of two incredible new technologies will soon:

  • Dramatically change the value of homes and real estate all over the country.
  • Put as much as $6,000 a year back into most U.S. families’ bank accounts.
  • Force the radical overhaul the tax code in almost every city and small town in America.
  • Transform the energy business, the insurance industry, and parts of the health care industry.
  • All while saving millions of lives – and making early investors a potential fortune.

Why should you pay attention to Whitney Tilson’s latest big prediction? For one simple reason: He has one of the best track records in America when it comes to pinpointing the most profitable stock market moves:

  • He called the exact day Bitcoin would peak in value (Dec. 16, 2017)… and the exact hour marijuana stocks would start their big collapse (Sept. 19, 2018).
  • More recently, just after the stock market bottomed during the coronavirus crisis (March 25, 2020), Tilson said: “This is the absolute best time to be an investor in more than a decade.” He was exactly right – stocks had the best quarter in more than 20 years.

And along the way, Tilson also purchased, for his clients, many of the most valuable stocks in recent history, long before they were household names… including:

  • Netflix when it was $7.78 a share (today it’s worth 6,400% more)
  • Apple at $1.42 (it’s up more than 27,000% since then)
  • Amazon at $48 (it’s up more than 6,600% since then)

Back in 2012, he saw the convergence of the internet, faster data transmission, and a new business model (on-demand streaming TV and movie services) in a company we're sure you’re familiar with, Netflix.

Being extremely skeptical of this new model at first, he wanted to learn more so after flying to California and having lunch with Reed Hastings, Netflix’s Founder and CEO, he became a huge believer.

And when the stock got cheap enough, I loaded up on shares in my hedge funds, and went on CNBC, telling everyone how Netflix was a “screaming buy.”

A year later, the stock was up six-fold… the beginning of a run that ended up being a 3,000% gain in only six and a half years after he made that call.

Technologies Supporting TaaS

One of the two critical technologies hitting a tipping point right is the electric vehicle (EV).

Now, maybe you think EVs are not a “new” technology in the typical sense. And in a way, you’re right.

But what’s radically changed is how the key component to making EVs work (battery technology), has improved at an incredible rate in recent years.

Battery storage cost about $1,000 per kilowatt hour back in 2010.

Today it’s more like $200 per kilowatt hour… and soon it will be less than $100 per kilowatt hour.

Look at this incredible chart…

This is huge deal, because it means electric cars can now go nearly 400 miles on a single charge… and soon will go up to 600 miles on one charge.

And, because battery technology is not only getting better but also a lot cheaper, the “crossover point” (when electric vehicles are actually cheaper to purchase than their gas-powered equivalent) is projected to start in 2022!

In fact, every year, Bloomberg has to update its model for the “crossover point”—the point at which electric vehicles become cheaper to purchase than gas vehicles.

Look at how they keep changing their projections as the cost of electric vehicles keep plummeting…

Every year, Bloomberg updates its model for the crossover point when electric vehicles will be cheaper upfront than a combustion vehicle. In 2017 it was 2026 (9 years). In 2018 it was 2024 (6 years). In 2019, it was 2022 (3 years).

Now look… I know… many people do NOT believe electric vehicles will soon make gas-powered ones obsolete, but I assure you with 100% certainty this is happening, and for one simple reason:

The Economics of Electric Vehicles

The truth is, gas-powered vehicles no longer make economic sense.

Tony Seba, a Stanford Economist, who’s done more work in this field than anyone else I know of, has proven that electric vehicles are about to be 90% cheaper to operate than gas-powered cars.

And throughout history, whenever a new technology brings about a 90% price reduction, it wins… every single time.

Just look at the facts…

Consumer Reports estimates it costs about $15,000 to fill up a Jeep Liberty over five years, if you drive 12,000 miles per year. An electric Jeep Liberty would cost less than $1,600 to fuel over the same period of time according to Seba.

Think about that—it costs 10 times more money to operate a gas vehicle compared to an electric one.

And fuel savings are just the beginning…

Where you really see massive savings is with service and maintenance.

The drivetrain in a conventional car has as many as 2,000 moving parts… versus as few as 20 in an electric car!

Electric cars and trucks have motors, not engines, so they don’t need to shift gears… and they don’t need oil, spark plugs, air filters coolant, or transmission fluid.

There’s essentially zero maintenance, besides rotating the tires.

And get this:

While a conventional car typically lasts 150,000 miles or perhaps 200,000 miles if you really push it… electric car engines can last 500,000 miles, perhaps even a million miles or more!

This is why some electric car makers warranty the drive unit for up to 8 years, and unlimited miles. No gas-powered car will ever come with a warranty like that.

Think about it this way:

If you have the choice to get essentially the same car, but one is cheaper to buy, costs 90% less to maintain and use on a daily basis, and lasts up to five-times longer… which car will you buy?

In just a few years, no one in his right mind is going to buy a new gas-powered vehicle.

What so many people are missing right now is that this shift to EVs isn’t about the environment or “going green.”

Again, it’s all about economics.

This is one of the big reasons why the Model 3 Tesla was by far the best-selling small to midsize luxury car sold in America last year. Look at this chart…

If you watched the Super Bowl this year, I'm sure you noticed that every auto maker is touting their shift to EVs.

Audi advertised its newest electric vehicle, coming out this summer. Porsche ran its first Super Bowl commercial in 23 years, touting its electric sports car, the Taycan (“tie-con”).

Even Hummer, a brand most people remember as a gas-guzzler left for dead, advertised its new all-electric vehicle.

This is the future of cars and trucks in America—and it’s all about economics.

This is why, in the U.S. alone, research from EV Adoption suggests that EV sales will jump nearly 700% from 2019 to 2028.

The look from a global perspective over the next decade is even more impressive…

And yes, this is partly why Tesla’s stock has soared more than 300% in less than a year. More and more analysts and investors are starting to get the big picture…

Electric vehicles (EVs) are simply a superior technology with rapidly declining prices—and today they are even being subsidized with government incentives. Plus, they are environmentally friendly to boot… and quiet too.

This is why, as CNN recently reported:

Established carmakers around the world are ripping up their business models in the hope of adapting to a new world in which electricity replaces gasoline and diesel.

Sales of electric vehicles have been growing around 60% per year since 2014… which means the number of electric vehicles on the road is doubling roughly every 14 months around the world.

This is how disruptive technologies get adopted… at first it seems like a slow trickle… just the early adopters are in on it… but then the technology hits a tipping point, and the masses pile in.

Again: This is all happening for one simple reason: economics.

And it’s already making investors rich:

  • TVS motor company (maker of electric vehicles) is up 1,300% since August 2013
  • Olectra Greentech (makes EV power transmissions) is up 310% Since March 2016.
  • NXP (semiconductors for EVs) up 400% since April 2013.
  • SQM (producer of lithium for batteries) up 165% since July 2015.

And in recent months, despite the coronavirus, an investing frenzy in this space has begun…

  • Electric truck maker Nikola recently soared 104% in a single day
  • Spartan Energy shot up 71% in two days.
  • Visteon (a Ford spinout makes cockpit electronics) is up almost 80% in three months
  • Tesla (America’s leading electric car maker) is up 260% since the start of 2020
  • The electric delivery van firm Workhorse is up more than 500% in less than two months

That's the first part of TaaS – Electric vehicles (EVs) are quickly displacing gas-powered cars and trucks.

But that's only half the story, the other part is even bigger…

The Rise of Autonomous & Self-driving Vehicles

While electric vehicles are disrupting the automotive world… EVs alone won’t truly disrupt our society or the entire economy.

But…

When you pair EVs with another disruptive technology—self-driving vehicles, controlled by very powerful computers—it will be completely transformative.

Sooner than most people think, you’ll be able to hail an electric, self-driving vehicle via an app on your phone, just like you hail Lyft and Uber ride today.

And this is TaaS… which stands for: “Transportation as a Service.”

TaaS will essentially mean a fleet of electric, autonomous cars that can go 500+ miles without charging… which can go 100,000+ miles a year, with little maintenance.

It’s basically how Uber and Lyft operate today—but with electric, driverless vehicles.

You’ll be able to hail different types of vehicles for whatever you need… a small car for a quick trip… a luxury vehicle for a long ride… a truck if necessary.

There will soon be fleets of electric, driverless vehicles on our streets, ready to be hailed from your phone at a moment’s notice.

Estimates are that TaaS will reduce the total costs of transportation by 10-times, compared to owning your own vehicle.

TaaS could soon drive down our costs of transportation to just 10 cents or even less per mile!

Today, it costs about 80 cents per mile in our gas-powered cars, according to AAA.

Think about that…

We could soon walk out of my Manhattan home and comfortably ride to the Nation’s capital, in a TaaS vehicle, for less than $25—or even less if I’m willing to share the car!

Today, with a private car or Amtrak, it costs me 5-times as much.

And instead of paying $50,000 for a new car… plus $3,000 a year to fill up your tank… and $1,000 to $4,000 a year for insurance, you'll instead spend something like $150 a month for unlimited rides with a TaaS subscription.

“I have looked back at disruptions going all the way back to Guttenberg. Every time there’s a 10x improvement in cost for the same product or service, there has been a major disruption. Every single time. I know of no case where 10x improvement did not lead to disruption.”

Tony Seba

Now… before you dismiss TaaS as a “crazy” idea… keep in mind that the first TaaS services are already in place and operating today.

Right now, Google’s driverless car division, called Waymo, has self-driving cars all over Phoenix.

There’s no driver at all… it’s a completely automated ride in an electric vehicle.

You just download the Waymo App or use Lyft to hail a driverless ride.

Thousands of people are using this service every day… and they’ve completed more than 100,000 total driverless rides.

ARK Invest predicts that once Waymo has expanded its Phoenix fleet to 80,000 vehicles, it could address HALF of the city’s travel needs.

A company called Aptiv has also partnered with Lyft and has provided 100,000 autonomous rides in Las Vegas.

It serves more than 3,400 hotels, restaurants, entertainment venues, and the Las Vegas Convention Center.

They’ll soon start picking up riders at the airport as well.

Aptiv also has autonomous vehicles operating in Boston and Pittsburgh.

In San Jose, California, Mercedes-Benz and Bosch have launched autonomous ride-hailing vehicles that will take riders between West San Jose and downtown.

This is the future – and the future is here… right now. TaaS is going to be rolling out, all over the country, sooner than you can imagine.

Massive Impacts as a Result of TaaS

MASSIVE IMPACT #1: The #1 medical breakthrough in history?

Did you know that every year in America, around 40,000 people die in car crashes… and another 4 million are seriously injured?

Worldwide, more than a million people die in car crashes each year, and another 50 million are injured.

But these figures could plummet by at least 80% and eventually 90% or more with TaaS, because 95% of accidents are caused by human error.

It will be the equivalent to one of the greatest medical breakthrough in history, for both the number of lives it will save and the injuries it will prevent.

Yes, there have been accidents with autonomous vehicles, and there will surely be more… but keep in mind: Every day in America, more than 100 people die on the roads with humans behind the wheel!

And Waymo has driven 20 million autonomous miles on real roads in the real world, and has not had a single serious accident.

The next generation in America will look back with horror at how we allowed so many people to die and suffer serious injuries from traffic accidents with humans behind the wheel.

MASSIVE IMPACT #2: You’ll save nearly $6,000 EVERY year

Today, some families have to spend as much as 40% of their household budget on transportation… but not for long.

Think about the boost to our economy when families have an extra $6,000 back in their pocket each year—it’s going to inject more than $1 trillion into the U.S. economy alone.

And think about what all of this means for individual car ownership–it will soon disappear, except for those who love driving their cars on special roads, for fun.

In fact, right now… 2020… is projected to be the year of “peak car” individual ownership. Look at this chart…

The same thing will happen to today’s gas-powered cars that happened to horses 100 years ago…

They’ll became an expensive luxury for wealthy folks who enjoy them in their spare time, off the major thoroughfares.

You have to realize that today, cars are our biggest economic waste, because we use them just 4% of the time!

With TaaS, there will be a HUGE reduction in the number of cars on the road… some say the number of cars we’ll need will drop by 80%.

Many auto makers will go out of business as a result.

Over the next few years, you do NOT want to own traditional, indebted car companies like GM.

You also do NOT want to own most publicly traded car dealerships… or car lenders like Santander and Consumer USA. Nor do you want to own companies that sell personal car insurance like Progressive or Allstate. Or focus on repairing or servicing them, like AutoZone, Midas, or Precision Auto Care.

And that brings us to…

MASSIVE IMPACT #3: Three New Cities in LA

Without individual car ownership, traditional parking lots as we know them today will be all but eliminated.

TaaS fleets will retreat to cheap parking in inexpensive locations for recharging or service or during low-demand times like the middle of the night.

So… think about this for a second…

Imagine a world in which nearly all of the parking lots located on prime land can be converted into new offices, housing, businesses, parks and playgrounds, and other useful spaces.

It’s mind-blowing…

Did you know, for example, that approximately 1/3rd of the land some cities is occupied by parking lots?

According to one estimate, all of the parking space in Los Angeles alone is equal to three cities the size of San Francisco.

Closer to home, think about what you could do with the space you currently use for parking cars—your garage could be converted into a great new living space, for starters.

But some industries are going to suffer dramatically, of course, as this all unfolds…

MASSIVE IMPACT #4: The Collapse of America’s Most Historically Important Industry?

In the coming years, everything that moves will be electric and autonomous.

Not just cars, but also delivery trucks, buses, tractors, wheelchairs, forklifts, farm equipment, and even scooters, bikes, motorcycles, and boats are now testing electric power.

  • In fact, the Boeing- and JetBlue-backed startup called Zunum Aero is working on planes and helicopters that will use electric power, and will debut in the next year or two.
  • An airline called Harbour Air, which operates short flights in British Columbia, is adding a battery-powered plane to their fleet, and the company’s CEO says all their planes will eventually be electric.
  • A construction equipment company called Komatsu recently announced a small electric excavator. Stena Lines, which operates ferries between Sweden and Denmark, is rolling out battery powered boats.

This is going to have the biggest impact of all on one huge industry: Oil.

The entire industry, starting with the high-cost producers, like Canada’s oil sands, is going to get crushed.

Oil won’t go away entirely of course, but demand will fall significantly. The long-term price of oil could get cut in half to around $25 a barrel.

And that brings me to perhaps the most important thing you need to think about overall…

MASSIVE IMPACT #5: The Domino Effect

This disruption is going to have a massive domino effect on so many industries and aspects of our lives…

For example… states and municipalities that rely on parking fees, car and gas taxes, and traffic violations for large parts of their budgets, are going to have to completely rethink their revenue sources.

Chicago collects more than $250 million PER YEAR in parking tickets alone. Los Angeles collects more than $140 million… New York collects more than $500 million! All of this city revenue is going away.

Real estate values will shift too.

Soon, there will no longer be a big discrepancy between neighborhoods that have good access to public transportation and those that don’t.

Houses in high-density neighborhoods that come with private parking will no longer sell for a premium.

Travel for the young and the elderly will be much easier, safer, and more affordable than ever.

Most Americans soon won’t need car insurance at all.

The used car market will plummet too. Soon, you may have to pay someone to take a gas-powered car off your hands!

The major changes for our society are just mind-boggling… and again, they are already starting. Don’t think for a minute that this is too far in the future to think about it.

It’s happening right now.

The domino effects from this trend are enormous. Just like the smartphone inspired dozens of new apps and uses… TaaS driverless systems will do the same.

Ikea, for example, is working on an autonomous, electric-powered office on wheels, so you can work or meet while heading down the road.

And the rollout is going to happen across America much faster than most people think.

People always overestimate how long a revolutionary breakthrough like this will take to reach massive scale, and that’s the big mistake many are making today too.

Let me show you what I mean…

Even the “Experts” Get it Wrong…

Back in 1995, Microsoft founder Bill Gates knew more about personal computers than just about anyone on the planet.

But he completely underestimated how fast the Internet would spread and disrupt our economy… and his business.

In his 1995 book, The Road Ahead, Gates said: “The Internet has enormous potential, but it's important…that expectations aren't cranked too high.”

Gates' own people got nowhere trying to push him into the browser business.

And Gates was lucky to correct his mistake quickly… because by 1996, Internet adoption hit a tipping point, as you can see from this chart…

Incredibly, the same thing happens with EVERY big new disruptive technology.

It creeps along slowly for a few years… and then… boom!… it hits a tipping point, when adoption rates go through the roof… much faster than what the “experts” have predicted.

Back in 1985, for example, AT&T hired McKinsey, the world’s leading consulting firm, to predict the adoption rate of cellphones.

McKinsey’s “experts” predicted the cell phone market would total 900,000 customers by the year 2000.

But they were off by more than 100-fold… the actual number turned out to be 109 million!

You see this again and again… every time a truly disruptive innovation enters the marketplace—nearly everyone underestimates how quickly it will catch on and disrupt the status quo.

The same thing happened when the iPhone came out in 2007…

  • Bloomberg Analyst wrote: “The iPhone's impact will be minimal. Nokia and Motorola have nothing to worry about.”
  • Even Steve Ballmer, who had succeeded Bill Gates as the CEO of Microsoft, said:  “ There's no chance that the iPhone is going to get any significant market share. No chance.”

More recently… the same thing happened with Uber…

  • A 2013 USA Today story from a transportation insider said: “apps such as Lyft, Sidecar and UberX are based on a fantasy world where the market self-corrects and solves everything. It's a dream that will end badly.”
  • One of best-known tech writers wrote in 2012: “as of about ten minutes ago, the Uber app has taken its place in the dustbin of services I'll just have to live without…”

Uber started in an apartment in 2009, and within just seven years, was booking more rides than the entire U.S. taxi industry!

And it all happened for one simple reason… the same reason TaaS fleets will soon rule our streets…

Economics.

TaaS will be 10 times cheaper than buying and operating your own, gas-powered vehicle, and will completely eliminate the need to hunt around for a parking spot when you reach your destination.

The point is, anyone who tells you that fleets of autonomous vehicles are going to take a decade or more has simply not studied the history of technological disruptions, is not paying attention to what’s going on today, and does NOT understand the financial markets.

Because, if there’s one thing you must understand about making money as an investor, it’s this:

“The financial markets are always forward looking.”

Investors always want to know—and invest their money into—what’s coming next.

And what we are seeing right now is a tidal wave of money moving into this space…

Where the Huge Gains Are Being Made Right Now

Amazon has ordered 100,000 electric vans from Michigan-based startup Rivian, which will eventually drive themselves.

And in June 2020, Amazon CEO Jeff Bezos spent an estimated $1.2 billion to purchase an entire autonomous vehicle company called Zoox.

“The plan is for Zoox to continue development of its robot taxi, an electric vehicle that it has been working on, with Amazon investing money in Zoox so it can deploy these vehicles.”

Wall Street Journal

Waymo ordered 62,000 self-driving Pacifica minivans to be on the road starting in 2020.

Qualcomm is working with Lincoln on the self-driving MKZ, which debuted at the recent Consumer Electronics Show I attended in Vegas.

Intel has partnered with BMW, Nissan, Volkswagen, and Ferrari North America on autonomous vehicles.

Nvidia has partnered with Toyota, Audi, Mercedes, Volvo, and many more.

Baidu (the Google of China) has partnered with Ford, BMW, Daimler-Chrysler, and dozens more.

Apple invested $1 billion in the ride-hailing service Didi Chuxing.

GM invested $500 million in Lyft.

Google has invested billions in Waymo—their purchase of 62,000 self-driving Chrysler minivans alone cost about $2.8 billion.

Why?

Because as the firm Ark Invest recently reported: This is a $10 TRILLION MARKET OPPORTUNITY.

A study by Intel, the world’s largest maker of computer chips, has even more staggering predictions…

They say the market for driverless vehicles (including trucks, buses, and delivery vans) will eventually hit $7 trillion… PER YEAR!

The point is:

There’s simply nothing bigger than this in the investment world. That’s why the money is pouring into this space.

And that’s why every single day, new breakthroughs, partnerships, and deals are announced.

In San Francisco, a General Motors self-driving car called Cruise safely drives the streets, making 1,400 left turns, every single day, to perfect the technology.

The state of California just approved autonomous delivery vehicles for things like pizza and groceries.

And a company called Plus.ai just completed America’s first coast-to-coast commercial freight run with an autonomous truck. The trip covered 2,800 miles through rain and snow, including 11,000 feet of elevation in the Colorado Rockies, traveling from California to Pennsylvania in less than three days.

And this is just in America…

In many places around the world, autonomous vehicles are advancing even more quickly than here at home.

In China, the country’s leading autonomous driving company is called WeRide, and the company has just launched the first program in one of China’s biggest cities.

Dozens of WeRide’s “RoboTaxis” are providing rides in a very congested, 144-square-kilometer area. You can hail a ride in one of these RoboTaxis with the app called WeRideGo. China is not only the world’s fastest-growing car market, it’s also the #1 seller of electric cars. 

In Singapore, the local government announced that the entire western part of the country will being opened up to autonomous vehicles.

Look at the map below, which shows how half the country will soon be used for rolling out autonomous vehicles…

It’s all moving incredibly fast… and the money to be made is extraordinary.

If you want to see one simple stat that sums up how quickly this technology is improving… and how fast it’s moving, check this out.

Waymo announced recently that it took 10 years to reach 10 million miles of autonomous cars on public roads…

But the next 10 million miles took just a single year!

My point is, autonomous vehicles are not the future… they are here right now.

Yes, today, they exist in only a few cities, in limited—“geofenced”—locations, but this is going to expand rapidly.

Geofencing—if you’re not familiar with the term—allows autonomous vehicle companies to create a virtual boundary… a GPS perimeter, beyond which vehicles can’t go.

This allows companies to have the confidence their vehicles can safely navigate the area where they are allowed.

Over time, the geofenced areas get bigger and bigger… until eventually autonomous vehicles can cover entire cities, and the entire country.

This is why, the first time you see autonomous cars come to your hometown, they won’t be driving everywhere.

Instead, they’ll be “geofenced”—limited to certain areas.

You might first be able to get an autonomous vehicle at your local airport, for example, which might take you to 100 different drop-off points.

Or you might first be able to use an autonomous vehicle in a certain part of downtown.

This is how autonomous vehicles are operating right now in California, Arizona, Massachusetts, Pennsylvania, Texas, Florida, and Washington, DC.

But there’s another point you have to understand too…

Even though this trend may take a few years to roll out, if you want to capture the biggest investment gains, you must act NOW!

Already, early investors are getting rich. Look at some of these recent results…

  • Aptiv (70,000 autonomous taxis in Vegas) up 450% since November 2011
  • Qualcomm (created self-driving platform called Ride) up almost 100% since early 2019
  • TVS motor company (electric vehicles) up 1,300% since August 2013
  • Baidu (1 million miles on their self-driving platform) up 110% since 2010
  • Nvidia (leading AV chipmaker) up 2,400% since July 2015
  • Tesla (leading electric car maker) up more than 820% in less than a year, and almost 4,900% since early 2013
  • Olectra Greentech (makes EV power transmissions) up 310% since March 2016
  • NXP (semiconductors for EVs) up 400% since April 2013
  • SQM (producer of lithium for batteries) up 165% since September 2015
  • Intel (CPU manufacturer and owner of MobilEye) up almost 300% since 2012

And as I mentioned earlier, an investment frenzy has begun in recent weeks…

  • Electric truck maker Nikola recently soared 104% in a single day
  • Spartan Energy shot up 71% in two days.
  • Visteon (a Ford spinout makes cockpit electronics) is up almost 80% in three months
  • Tesla (America’s leading electric car maker) is up 260% since the start of 2020
  • The electric delivery van firm Workhorse is up more than 500% in less than two months

The time to get in is now. And to position yourself properly, I strongly suggest you make four investments immediately…

TaaS Stocks to Buy Now

TaaS Investment #1: Waymo

Remember, at the beginning of this presentation I told you I’d give you the name and ticker symbol of a fantastic TaaS company you should buy right away.

That company is Waymo, which is, by most accounts, the leader in autonomous vehicles.

Waymo is owned by Google (known now as Alphabet), and they are the clear leaders in this space.

Waymo has driven more autonomous miles than anyone else in the real world—more than 20 million miles as of today. Look at this chart…

As I mentioned earlier, Waymo has already launched an autonomous vehicle ride-hailing service in Arizona, called Waymo One.

And to expand their services, Waymo has purchased up to 62,000 self-driving Chrysler mini-vans. They are working with Jaguar to build up to 20,000 self-driving SUVs.

Morgan Stanley values Waymo at more than $100 billion. Eventually, we think it will be spun out of Alphabet (the parent company of Google) and become its own company.

What makes this such a great investment is that you can buy Alphabet today—which is a great, cash-gushing business—and pay essentially nothing for Waymo.

When shares are spun out over the next few years, you stand to profit in an enormous way.

In other words, buying Waymo right now is an incredibly safe way to invest in the TaaS revolution that’s just now hitting a tipping point.

So that’s the first investment you should make—buy Waymo, by purchasing shares of Alphabet (which owns 100% of Waymo).

The stock symbol is GOOGL, and I recommend you do not pay more than $1,800 per share.

But here’s the thing…

That’s a lot of money for a single share… and big gains here are likely to take at least a few years to play out.

The good news is, there are several other ways to make a lot more money, more quickly.

And that brings me to investment #2…

TaaS Investment #2: The Most Important Technology in the Electric Car Space

The best thing you can do as an investor is position yourself in front of a massive, inevitable, and booming trend.

One that looks like this…

Although you won’t find this reported in many places, sales of electric cars are going up about 60% a year… and will increase by more than 700% over the next decade.

According to Bloomberg, there will be 500 EV models available worldwide by 2022.

This is an amazing boom, quietly taking place.

Like the boom that took place with smartphones beginning in 2007, EVs are already a superior technology with rapidly declining prices. As a bonus, they are also being mandated by governments around the world.

At least 13 countries around the world have announced plans to phase out gas-powered vehicles, including China, France, and Canada. Britain, for example, has just pledged to eventually ban sale of ALL CARS EXCEPT ELECTRIC VEHICLES. Think about that. No new gasoline… diesel… or hybrid cars will be allowed to be sold. Period.

And this trend is going to play out much faster than most people expect.

Electric vehicles will soon account for more than half of the North American and European car markets in just five years or less.

And sooner than most people think, electric vehicles will account for 100% of all new car sales in America.

And as I’ve said, we are just starting to see an investment frenzy in this space…

Tesla’s stock has been soaring all year… electric car maker Nikola recently shot up 100% in a single day…and electric delivery van manufacturer Workhorse is up more than 500% in less than two months.

The key to making a fortune in this space is NOT to try to guess which company will win. Remember, in addition to Tesla, GM, Ford, and other U.S. manufacturers… there are some 400 electric car makers in China!

And my auto industry expert tells me another 200 electric models are scheduled to be available in the next 36 months.

That’s why, the absolute best thing you can do is to simply take a significant stake in the best technology and the critical components EVERY electric car uses.

Luckily for you and me, there’s a very simple and easy way to do that with one simple investment.

It lets you own the best electric car technology… and the components EVERY electric car needs.

It’s THE PERFECT way to invest in the booming future for electric cars. This investment is up 60% since last summer. It’s up more than 130% since the start of 2016… and I expect it to absolutely soar in value in the years to come.

In my new report, called: The #1 Way to Profit on the Electric Vehicle Boom, I’ll give you all the details, including the name of this investment, the ticker symbol, and my instructions on how to get in at the best possible price. I’ll tell you exactly what price to pay.

But I can’t give that information out here in this presentation.

And that brings me to investment #3…

TaaS Investment #3: Two Key Technologies for Autonomous Vehicles

Driverless vehicles are becoming a reality today because of a dramatic confluence of many technologies: computing power, cameras, sensors, laser range finders (called LIDAR), GPS, and artificial intelligence software, just to name a few.

But my team and I believe there are two companies responsible for by far the most “critical components” for the best self-driving cars.

The first company makes the most technologically advanced “brain” and “nervous system” for autonomous vehicles. This firm has already partnered with many of the leading companies in this space, including BMW, Hyundai, Audi, Intel, and Lyft, just to name a few.

This technology helped complete the longest automated drive ever… from San Francisco to New York City… and was selected by one national government to be the technology behind a country’s autonomous taxi’s set to hit the road in 2022.

This stock is still a great bargain today—and I strongly recommend you take a stake—I think you could make many times your money in the next few years.

The other key technology you want to own in the driverless technology space is the company that provides the computing power for many of today’s driverless vehicles.

This is critical for EVERY autonomous vehicle.

Already, this company has partnered with many of the world’s leading vehicle manufacturers, like Toyota, Volkswagen, Mercedes, and Volvo…

  • Plus trucking companies like Peterbilt and Kenworth…
  • Auto parts makers like Bosch and Continental…
  • Tech firms like Sony and Panasonic…
  • And research institutions like Berkeley, Carnegie Mellon, MIT, and Stanford.

Again: You want to own this company starting immediately, because you could make many times your money in the next few years.

By simply owning these two companies, I think you could make a fortune as autonomous vehicles are rolled out all over the world.

Remember: The best thing you can do as an investor is to position yourself in front a massive, inevitable trend… and then just sit back, and enjoy the spectacular ride.

This is how I made a fortune with Netflix…

It’s how I made a killing with Amazon…

It’s how I made a small fortune with JetBlue Airways…

Berkshire Hathaway…

And more.

In my new report, called: The Three Critical Driverless Technologies You Must Own Today, I’ll explain everything you need to know.

There’s no doubt in my mind, these investment recommendations could become among the most profitable of my career.

But again, I can’t just give away this research right here in this video and here's why…

For the First Time Ever…

For nearly 20 years, I worked as a hedge fund manager in Manhattan.

My clients were some of the wealthiest people in the world (a handful were billionaires), with access to the best Wall Street hedge funds.

But rather than start another hedge fund, I’ve decided to do something different.

I’m now taking a very different approach, launching a project that can benefit people from all walks of life: Teachers, doctors, lawyers, small business owners… retirees… you name it.

My new business, Empire Financial Research, is based in New York City.

I’ve teamed up with a group of fellow Wall Street veterans to find safe and profitable investment ideas, many of which you’ve probably never heard of and aren’t likely to hear about anywhere else.

We’re an independent publisher of financial research—which means we don’t own or trade the stocks we recommend, and we don’t accept advertising.

The only way we can stay in business is by giving you great ideas and advice so you can have the chance to achieve great investing results.

To me, this just feels like a much better model compared to charging exorbitant fees to a handful of already wealthy people.

And part of the reason I made this switch is because today I want to share my best ideas with like-minded folks from all walks of life.

This has always been important to me.

I didn’t come from money and I’m still one of the most frugal people you’ll ever meet. For example: I’m sure I was the only guy from my Harvard Business school class to spend a night at a youth hostel at a recent meet up.

I was also one of the founders of Teach for America… served on the boards of more than a dozen nonprofits… taught introductory economics to high school and college students… and won the John Whitehead Social Enterprise Award from the Harvard Business School Club.

The point is, as part of my new venture, you can access my best ideas at a fraction of what you used to have to pay me as a hedge fund manager.

You don’t have to pay me the “2% of assets and 20% of profits” fees hedge funds typically charge.

You don’t have to pay the $5,000 I’ve charged for a single seminar.

Today access to my best moneymaking ideas comes at a pittance—it’s the best bargain on or off Wall Street.

Before I give you the pricing details, and show you how to get started… let me tell you about one final TaaS investment I think you should make immediately, to take advantage of the massive opportunity before us today…

TaaS Investment #4: The Small Speculation

There’s one more TaaS investment my team uncovered recently, which we strongly recommend you make right away…

It’s a small company you’ve almost certainly never heard of.

You’ll have to take an extra step or two to buy it, but we think it will be well worth it.

In short: This company’s technology is needed in ALL self-driving and autonomous cars… and right now this small company’s materials are used in 20% of the entire global market.

If we’re right about our projections, this company’s revenue could quadruple over the next 5 years… and if that plays out as we expect, you will likely make an absolute killing.

Since the beginning of last year, the share price has jumped almost 40%, but we think it has much, much higher to go.

And like I said, I would bet just about anything you’ve never heard of it. I’d never heard of it either, until my team brought it to my attention.

What’s great is, this is a well-established, already profitable company… which happens to be in the exact right place at the exact right time… as its technology expertise is now critical for electric and self-driving cars.

I love this investment because there’s a good chance one of two things will happen over the next few years…

  1. The share price will continue to soar much higher, or
  2. The company will get bought out at a significant premium.

Either way, you win.

Of course, all investments carry risk, and this, like my other recommendations, is no exception. Past performance also doesn’t guarantee success. And this speculation may not be for everyone.

You could do just fine by putting your money in the other investments I’ve already told you about so far. But we think this speculation is one worth taking.

That’s why we just put everything you need to know in a new Special Report called: The TaaS Speculation—How to Quadruple Your Money in the Next Few Years.

Here’s how to get a copy in your hands immediately, in the next few minutes…

How to Get Started with TaaS Investing

OK, so I’ve told you about three Special Reports so far, which I want to send you right away:

  1. The #1 Way to Profit on the Electric Vehicle Boom
  2. The Three Critical Driverless Technologies You Must Own Today
  3. The TaaS Speculation—How to Quadruple Your Money in the Next Few Years.

These reports are the first things I want to send you when you start a no-risk, trial subscription to my new comprehensive investment research advisory, called the Empire Stock Investor.

On the first Wednesday of every month, I’ll send you my latest report and newest money-making recommendations.

My team and I will also show you exactly how to allocate a portfolio across our recommendations to maximize your potential gains, just like I did for my hedge fund clients for nearly two decades.

This way, you will never find yourself wondering what you should do with new stocks I recommend.

Plus, every day the markets are open, I’ll send you my daily email, addressing the most important issues affecting you and your money.

You may have read other investing emails before…

But I guarantee you’ve never had access to anything like my daily report.

At least 5 billionaires currently subscribe.

One of them is Joel Greenblatt, who manages $9 billion at Gotham Capital, who recently said:

“I met Whitney in my class in Columbia Business School… We’ve become good friends. He’s an excellent investor and most importantly, a great teacher… I’m going to enjoy being a subscriber to his new research service.”

Joel Greenblatt, Manages $9 Billion at Gotham Capital

Another person on my e-mail list is John Petry, who manages about $1 billion. He said:

“Whitney is one of the most connected investors I’ve met. He’s been able to tap into an infinitely deep and unique network of people to come up with great insights into ideas and develop them that other people just can’t do because they don’t have the kind of network he does.”

John Petry, Manages $1 Billion Fund

I truly believe my daily email is the best place to find and exchange investing ideas in the world today—there’s simply nothing else like it.

And when you start a subscription to my Empire Stock Investor, I’ll immediately add you to my Empire Financial Daily email list.

Exclusive TaaS Industry Research Reports

To sum up, by taking advantage of this offer today, you will receive:

  1. RESEARCH REPORT: The #1 Way to Profit on the Electric Vehicle Boom.
  2. RESEARCH REPORT: The Three Critical Driverless Technologies You Must Own Today.
  3. RESEARCH REPORT: The TaaS Speculation—How to Quadruple Your Money in the Next Few Years.
  4. The next 12 months of Empire Stock Investor—I’ll send you a new report on a new investment idea and any changes to our model portfolio, on the first Wednesday of every month (12 issues in all).
  5. My Empire Financial Daily email… each day the markets are open. Soon, you’ll be part of a small collection of like-minded folks, which includes some of the wealthiest and richest investors in America.
  6. Plus full access to all of my archived research reports and recommendations, including a very valuable report called The Perfect Portfolio, and another detailed analysis called: The Industries Most Affected by the Driverless Car Revolution.

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