Editor's Note: Elon Musk is set to reveal his new AI product next week and according to our colleague Luke Lango, it could help send shares of a little-known Elon supplier skyrocketing by as much as 20X. Click here to see the details or read more below. Dear Reader, There are two truths every investor must accept about breakthrough technologies: - Technology can create unfathomable amounts of economic value (wealth). Before the iPhone, apps like Uber simply could not exist. Today, Uber has a market cap of $150 billion.
- Technology can displace thousands, even millions of jobs. Sometimes permanently. Thanks to Uber, taxis are all but extinct. And they probably aren’t coming back — at least, not the way we remember them.
If you can accept these two truths about technology, you never need to be afraid of the dramatic changes happening around us each day. You can position yourself to take advantage of the wealth creation, and protect yourself from the potential displacement. That’s exactly why I’m hosting The Countdown to Elon Musk’s Moment (free to attend) on Monday, October 7th at 10 am ET. (Click here to save your seat.) Elon Musk, no stranger to disruption, is set to make a seismic announcement that he believes could generate up to $9 trillion in economic value. At the same time, this announcement could displace thousands of jobs — jobs as old as the automobile. I won’t make you wonder: Elon’s expected to reveal a revolutionary self-driving platform called Robotaxi. If you’ve been reading my work, you know that self-driving tech is already spreading rapidly. In my home city of Phoenix, self-driving cars are everywhere. I expect Elon’s announcement will serve as a massive catalyst, speeding the development of self-driving cars dramatically. Maybe that excites you. Maybe it terrifies you. Either way, you cannot afford to be in the dark on this topic. That’s what my event on Monday is all about. I’m going to explain exactly how I see this revolution playing out, including the sectors most at risk for complete disruption… Which companies will be the key players… And even details on a tiny $3 company whose technology could very well become the cornerstone of this new era of transportation. Remember: I’m hosting this free event just days before Elon’s big announcement — click here to sign up. This is your best chance to be prepared for the disruption… And in position for the wealth creation. I hope to see you there. Sincerely, Luke Lango Senior Analyst, InvestorPlace
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