Deepwater Asset Management'smanaging partnerGene Munstershared his thoughts on the future of autonomous vehicles, discussing their potential advantages and the hurdles they face.

What Happened:Munster shared his four main observations fromElon Musk-ledTesla Inc.'s(NASDAQ:TSLA) "We, Robot" event.

Here are Munster's key takeaways:

The World Needs Autonomy

According to Munster, vehicles in autonomous fleets could reduce cost per mile by 65-75% due to higher usage, and the time saved from not driving could be worth around $21,000 annually in personal value.

"In the U.S. alone, it could save tens of thousands of...