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Tesla Tanks After Goldman Downgrades to Sell

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Re: Tesla Tanks After Goldman Downgrades to Sell

#31

Post by Drumlin »

gr3yh47 wrote: post #21
frgtpsswrdlame wrote: post #20

Once people realize that the self-driving dream won't be taking place anytime in the foreseeable future, I'd expect another big drop.

i'd say the next 5-10 or even 20 years certainly falls under the 'forseeable future'

I think counting it in decades rather than years is more realistic. So many major innovations are described as being in the next ten years.

If you look at VR, which I think is simple in comparison, you could have experienced it in a high end 90s arcade. It is only now starting to become a mass produced product.

In my view, the current self driving cars look like where VR was before they turned the technology into arcade machines.

Re: Tesla Tanks After Goldman Downgrades to Sell

#33

Post by ygjb-dupe »

sixQuarks wrote: post #26
Udik wrote: post #18

Earlier quoted context omitted.

I often reflect that if Elon Musk died (god forbid) the shares of Tesla would drop to a fifth or a tenth of their current value in the space of a few hours. It's incredible how much a single person can make the difference.

very true in this case, because Elon is a once-in-a-generation, perhaps even once-in-a-century type of person. On the other hand, if he keeps going at this pace for another 15 years, there is a very good chance that Tesla will be the most valuable company in the world. That's the whole risk/reward situation with Tesla, if he dies or loses his abilities with older age, shit hits the fan, otherwise you got a 20-bagger…

wow. The hero worship is strong with you. I agree that he has accomplished some pretty cool things, but calling him a "once-in-a-century" or "once-in-a-generation" person ignores all of the other people who have been as or more successful than him in multiple dimensions of success.

Re: Tesla Tanks After Goldman Downgrades to Sell

#34

Post by ghaff »

Drumlin wrote: post #31
gr3yh47 wrote: post #21

Earlier quoted context omitted.

i'd say the next 5-10 or even 20 years certainly falls under the 'forseeable future'

I think counting it in decades rather than years is more realistic. So many major innovations are described as being in the next ten years. If you look at VR, which I think is simple in comparison, you could have experienced it in a high end 90s arcade. It is only now starting to become a mass produced product. In my view, the current self driving cars look like where VR was before they turned the technology into arc…

I'm willing to believe that genuine autopilot on a subset of limited access highways could come sooner. Which would be very nice to have but doesn't. of course, enable any of the use cases that get people all excited.

At this point, it seems as if everyone feels they need to play this "right around the corner" one-upmanship game less people think they're late to the party.

Re: Tesla Tanks After Goldman Downgrades to Sell

#36

Post by selectodude »

sixQuarks wrote: post #26
Udik wrote: post #18

Earlier quoted context omitted.

I often reflect that if Elon Musk died (god forbid) the shares of Tesla would drop to a fifth or a tenth of their current value in the space of a few hours. It's incredible how much a single person can make the difference.

very true in this case, because Elon is a once-in-a-generation, perhaps even once-in-a-century type of person. On the other hand, if he keeps going at this pace for another 15 years, there is a very good chance that Tesla will be the most valuable company in the world. That's the whole risk/reward situation with Tesla, if he dies or loses his abilities with older age, shit hits the fan, otherwise you got a 20-bagger…

>Tesla will be the most valuable company in the world

Slow down there a little bit. They're an AI and battery company. Batteries are commodities and there are several other companies that are working on AI.

Re: Tesla Tanks After Goldman Downgrades to Sell

#37

Post by kbenson »

ygjb-dupe wrote: post #33
sixQuarks wrote: post #26

Earlier quoted context omitted.

very true in this case, because Elon is a once-in-a-generation, perhaps even once-in-a-century type of person. On the other hand, if he keeps going at this pace for another 15 years, there is a very good chance that Tesla will be the most valuable company in the world. That's the whole risk/reward situation with Tesla, if he dies or loses his abilities with older age, shit hits the fan, otherwise you got a 20-bagger…

wow. The hero worship is strong with you. I agree that he has accomplished some pretty cool things, but calling him a "once-in-a-century" or "once-in-a-generation" person ignores all of the other people who have been as or more successful than him in multiple dimensions of success.

I don't think it's entirely unfair to say he's a "once in a generation" person (once in a century is pushing it), but that has little to do with his actual abilities, and more to do with his perceived abilities. He's got that combination of engineer, businessman and celebrity that people go crazy for. He's the modern Howard Hughes, and people love that. Whether he can deliver on people's expectations or not, he's a rarity.

Edit: Whoops, s/fair/unfair/

Re: Tesla Tanks After Goldman Downgrades to Sell

#40

Post by sixQuarks »

ygjb-dupe wrote: post #33
sixQuarks wrote: post #26

Earlier quoted context omitted.

very true in this case, because Elon is a once-in-a-generation, perhaps even once-in-a-century type of person. On the other hand, if he keeps going at this pace for another 15 years, there is a very good chance that Tesla will be the most valuable company in the world. That's the whole risk/reward situation with Tesla, if he dies or loses his abilities with older age, shit hits the fan, otherwise you got a 20-bagger…

wow. The hero worship is strong with you. I agree that he has accomplished some pretty cool things, but calling him a "once-in-a-century" or "once-in-a-generation" person ignores all of the other people who have been as or more successful than him in multiple dimensions of success.

please name some of these people who have been as or more successful - and don't go by wealth alone. I'm talking disrupting multiple, huge industries with innovative products.
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