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Tesla discloses $2B AI hardware company acquisition in filing

electrek.co

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Re: Tesla discloses $2B AI hardware company acquisition in filing

#31

Post by [deleted] »

LanceJones wrote: post #13
dmix wrote: post #6

It's pretty obvious much of this article was written with AI, there's about 15 emdashes. This electrek site frequently comes up in my Firefox news feed and they seem to have made a business of breathless reporting news about Tesla with a negative spin.

I really used to enjoy Fred's writing on Electrek. But after the Roadster referral debacle, Fred's tune changed and has gotten more negative... so negative now that you cannot find any positive articles about Musk or Tesla (some articles you might classify as 'neutral'). If you look at comment counts, it's clear Fred is playing to the "I hate Musk" crowd now for clicks (comments and clicks have similar outcomes for G…

[deleted]

Re: Tesla discloses $2B AI hardware company acquisition in filing

#32

Post by ohyoutravel »

powvans wrote: post #5
rogerrogerr wrote: post #3

Earlier quoted context omitted.

"quietly discloses" Can we vote to ban an adverb?

Quietly has not so quietly become an AI slop calling card.

I think it’s bad enough that more people are using it too. Maddening.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#33

Post by fragmede »

Veserv wrote: post #24
LanceJones wrote: post #13

Earlier quoted context omitted.

I really used to enjoy Fred's writing on Electrek. But after the Roadster referral debacle, Fred's tune changed and has gotten more negative... so negative now that you cannot find any positive articles about Musk or Tesla (some articles you might classify as 'neutral'). If you look at comment counts, it's clear Fred is playing to the "I hate Musk" crowd now for clicks (comments and clicks have similar outcomes for G…

I find it funny how stealing 500,000 $ from a fan is a "debacle". In most places that would be considered a felony instead of a justification to smear the victim and call them a whiner.

Can you explain the $500k being stolen? All I could find was something about the roadster and some rebate program, but not actual cash being stolen.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#34

Post by turtlesdown11 »

LeifCarrotson wrote: post #15
deepsun wrote: post #9

> The company never mentioned the deal in its shareholders’ letter or during last night’s earnings call. Is it legal? The whole point of earnings call is to disclose such events to [potential] shareholders.

The earnings call is basically an event to announce that they've published their 10-Q report. The report says: > "In April 2026, the Company entered into an agreement to acquire an AI hardware company for up to $2.00 billion in Tesla common stock and equity awards, of which approximately $1.8 billion is subject to certain service conditions and/or performance milestones dependent on the successful deployment of the c…

> That's not quiet or sneaky in any way.

Has any company ever buried such a large acquisition in its filings without disclosing the acquired company prior? I cannot recall any off the top of my head.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#35

Post by WarmWash »

LanceJones wrote: post #28
WarmWash wrote: post #19

Earlier quoted context omitted.

Anyone with sense sees the negativity around Tesla. It trades at a 360 p/e with annually shrinking finances. None of it's blockbuster promises have come to fruition, and it keeps on faux chasing hype products to keep shares buoyant. Nevermind all the shady accounting and and notorious opaque data sharing that has cropped up in the last few years. It has had three success stories which are all pretty banal (model S, m…

Some fair points, but Model Y was the #1 selling SUV in China in Feb and Mar, and 2nd place vehicle was almost half the price.

BYD has two SUVs in the ranking, which added together brings them to parity with the Y.

That aside though, in total sales, BYD is selling 2.5x the amount of EVs.

Tesla ranked 9th, behind Toyota and Volkswagen for total sales in Feb and March.

Globally, Tesla has a tight lineup, so there is only one SUV choice. Other brands outsell Tesla model Y, but it's splintered across their many offerings in the SUV space. Tesla really wants you to know that the model Y is the top selling car globally. They don't want you to know that other SUV brands outsell them, but in the form of many different models.

This is exactly the kind of nonsesne flexing I am referring to that comes out of Tesla for the last few years. Things that on the surface seem "wow", but underneath are just shady or misdirection.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#36

Post by 0cf8612b2e1e »

LanceJones wrote: post #28
WarmWash wrote: post #19

Earlier quoted context omitted.

Anyone with sense sees the negativity around Tesla. It trades at a 360 p/e with annually shrinking finances. None of it's blockbuster promises have come to fruition, and it keeps on faux chasing hype products to keep shares buoyant. Nevermind all the shady accounting and and notorious opaque data sharing that has cropped up in the last few years. It has had three success stories which are all pretty banal (model S, m…

Some fair points, but Model Y was the #1 selling SUV in China in Feb and Mar, and 2nd place vehicle was almost half the price.

Tesla sales numbers are perpetually skewed by their limited model numbers. Other car manufacturers (rightly or wrongly) have many more SKUs, so any one particular version is unlikely to hit the #1 spot.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#37

Post by signatoremo »

dmix wrote: post #6

It's pretty obvious much of this article was written with AI, there's about 15 emdashes. This electrek site frequently comes up in my Firefox news feed and they seem to have made a business of breathless reporting news about Tesla with a negative spin.

I loved Electrek early on. It was a fresh air reporting on everything renewable and EV. Now I consider it the whore of the news. Tesla could do no wrong five years ago. Now everything they touch is a disaster. That especially sucks because their cause is noble. HN’s sentiment toward Tesla has turned sour so Elektrek’s articles get upvoted more. Objectivity is overrated.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#38

Post by WarmWash »

signatoremo wrote: post #37
dmix wrote: post #6

It's pretty obvious much of this article was written with AI, there's about 15 emdashes. This electrek site frequently comes up in my Firefox news feed and they seem to have made a business of breathless reporting news about Tesla with a negative spin.

I loved Electrek early on. It was a fresh air reporting on everything renewable and EV. Now I consider it the whore of the news. Tesla could do no wrong five years ago. Now everything they touch is a disaster. That especially sucks because their cause is noble. HN’s sentiment toward Tesla has turned sour so Elektrek’s articles get upvoted more. Objectivity is overrated.

>Now everything they touch is a disaster.

Care to give counter examples?

Tesla (and Elon) are responsible for bringing on the EV age, and forcing the trend on legacy manufacturers. Anyone who says otherwise is uninformed or dishonest.

That being said, their (one trick) pony has done it's trick, and now it's just promises that the pony will do progressively more crazy tricks if you just give it a little more time.

Re: Tesla discloses $2B AI hardware company acquisition in filing

#39

Post by Dig1t »

WarmWash wrote: post #38
signatoremo wrote: post #37

Earlier quoted context omitted.

I loved Electrek early on. It was a fresh air reporting on everything renewable and EV. Now I consider it the whore of the news. Tesla could do no wrong five years ago. Now everything they touch is a disaster. That especially sucks because their cause is noble. HN’s sentiment toward Tesla has turned sour so Elektrek’s articles get upvoted more. Objectivity is overrated.

>Now everything they touch is a disaster. Care to give counter examples? Tesla (and Elon) are responsible for bringing on the EV age, and forcing the trend on legacy manufacturers. Anyone who says otherwise is uninformed or dishonest. That being said, their (one trick) pony has done it's trick, and now it's just promises that the pony will do progressively more crazy tricks if you just give it a little more time.

Just look at any headline they put out about Tesla. They phrase every article in the most negative light possible and mostly seem to report only negative events about the company.

>Tesla’s ‘Robotaxi’ expansion looks like another stock pump before earnings

>Tesla’s California sales crash 24% as state’s EV market plunges to lowest since 2021

>Tesla’s head of customer experience leaves for Coinbase as talent exodus grows

Even benign announcements are phrased in a negative light:

>Tesla launches ‘Robotaxi’ in Houston and Dallas with tiny geofences

Going out of their way to say the initial area for Dallas is “tiny”. You can imagine that a few years ago when they still liked Tesla they would have reported this story much differently.

These are headlines with Fox News level of bias.

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