Tesla stock drops 29% in first quarter as global dominance wanes • Hacker News Board

Re: Tesla stock drops 29% in first quarter as global dominance wanes

#111

Post by xref » Mon, Apr 01, 2024, 6:26 PM UTC

ta1243 wrote: post #71

peutetre wrote: post #54

Earlier quoted context omitted.

More sensible infrastructure regulation in Europe. They're mandating contactless payments on charger. No app required: https://www.fleetnews.co.uk/news/latest-fleet-news/electric-... Even on Tesla's newer dispensers: https://www.youtube.com/shorts/yflZN0dLT8s It's true that North America still has a long way to go on EV infrastructure, but it will get there eventually.

Damn government, making things better for everyday people. How can honest corporations abuse their captive audiences when the government keeps restricting their abilities?

We need less/more/same regulation, whichever one satisfies my desires at any given moment!

Re: Tesla stock drops 29% in first quarter as global dominance wanes

#112

Post by deadbabe » Tue, Apr 02, 2024, 4:15 PM UTC

DustinBrett wrote: post #26

deadbabe wrote: post #18

Earlier quoted context omitted.

They are not far ahead. We’ve seen peak Tesla, competitors are catching up fast.

Tesla has no competition. Cars is a small part of what they do.

They have massive competitors selling more cars for a lot longer.

Re: Tesla stock drops 29% in first quarter as global dominance wanes

#113

Post by ahakki » Tue, Apr 02, 2024, 5:29 PM UTC

Ekaros wrote: post #102

andrewinardeer wrote: post #86

Earlier quoted context omitted.

VW was involved in a colossal emissions con.

As consumer I always wondered, were the cars worse for it? Or were they actually better, if I don't consider emissions critical in my decision making process.

They were better.

Re: Tesla stock drops 29% in first quarter as global dominance wanes

#114

Post by gerdesj » Wed, Apr 03, 2024, 12:47 AM UTC

gerdesj wrote: post #49

"Investors are concerned about auto sales as the company faces increased competition from China and disruptions in Europe." Tesla have practically defined the market so far. They made EVs cool, created a comparatively vast world wide charging distribution network and so on. Now we have competition, proper competition. Mind you some of it is a bit shag, but nonetheless there is competition, and a lot of it is pretty g…

Note how I've been DVd to exactly zero, across most of this thread.

I will choose my words more carefully in future.

Re: Tesla stock drops 29% in first quarter as global dominance wanes

#115

Post by VirusNewbie » Wed, Apr 03, 2024, 5:12 PM UTC

gravescale wrote: post #107

VirusNewbie wrote: post #106

Earlier quoted context omitted.

It’s winner take all because if the scaling hypothesis applies to self driving, they have way more telemetry to do self supervised training on, which initiates a feedback loop: more people buy their cars which gives them even more training data, making their self driving system even further ahead of the competition.

Even if that were the case (big "if"), that can't go on forever. Even if it's literally just a matter of who has enough data and training core-years, at some point a competitor, maybe with state-level support, will have "enough" data to come after you with their own self driving option. Perhaps now Tesla is at 90% (just say, it's just an example) and Mercedes (again say) is at 10%. One day Tesla may be 100% and Merce…

I'm not sure I agree. In our (very very) hypothetical scenario, it seems that self driving would play out similar to how software incumbents in general are very hard to displace.

You could use the same argument for search, operating systems, or public cloud as well? "Why couldn't a more nimble or well funded company come in and commoditize {software industry}"

I'm not sure, but we only have two major app stores, we only have three big public clouds, we only have three companies making major operating systems for consumer devices, two search engines, I could go on.

I think that marginal benefit that comes from first mover and scale really makes it hard to catch up in the world of software. Big tech is not afraid to use rapidly rising stock to retain talent, which makes it very hard for startups to acquire comparable talent unless VCs are willing to throw gobs of money at companies, that then go to exorbitant comp. (and you see this in the bull market run of 2015-2022).