281–290 of 1001 posts
Earlier quoted context omitted.
Electric cars, maybe. Tesla is valued much larger than the rest of the auto industry combined though. Humanoid robots? Ain’t nobody made the business case for that. It is pure vibes.
Are you seriously saying there is no business case for humanoid robots?
https://oxide-and-friends.transistor.fm/episodes/predictions...
Earlier quoted context omitted.
Agreed, let alone 1M units a year!
My dad found it extremely amusing that Elon said "we just have to solve the 'AI problem' and we'll have robots doing shopping for us", or something like that. I can't remember the exact verbiage, but that was the gist. The word "just" is doing a lot of work there. Going by that logic: We "just" need to figure out cold fusion to have effectively infinite energy. We "just" need to develop warp drives to travel across t…
> MUSK: Yeah. But I think self-driving cars is essentially a solved problem at this point, right? And Tesla’s rolled out a sort of robo-taxi service in a few cities, and will be very, very widespread by the end of this year within the U.S. And then we hope to get supervised full self-driving approval in Europe, hopefully next month.
Earlier quoted context omitted.
Agreed, let alone 1M units a year!
My dad found it extremely amusing that Elon said "we just have to solve the 'AI problem' and we'll have robots doing shopping for us", or something like that. I can't remember the exact verbiage, but that was the gist. The word "just" is doing a lot of work there. Going by that logic: We "just" need to figure out cold fusion to have effectively infinite energy. We "just" need to develop warp drives to travel across t…
Earlier quoted context omitted.
Is there anything China isn't far ahead in? Maybe capitalism was a failure.
>Maybe capitalism was a failure. China is hyper-capitalist. They're living proof that capitalism has won.
China is one party system, where CPC controls and owns production, policy, finance and even consumption levers.
Earlier quoted context omitted.
Electric cars, maybe. Tesla is valued much larger than the rest of the auto industry combined though. Humanoid robots? Ain’t nobody made the business case for that. It is pure vibes.
Tesla is valued at more than the auto industry because they are doing more than the entire auto industry. Honda is going to come out with a new Civic next year. It's going to look like the old Civic. Tesla is trying to create self driving taxis to make the rest of the auto industry obsolete. If you think that can happen, they should be worth more than the rest of the industry.
This is sad in that I was serious about finally getting one in two to three years (We have two Model 3 LRs already), but is fantastic in that no other car interests me and I now don't have this hyper materialistic goal distracting me. If Tesla completely exits automotive and decides to license their FSD tech (or someone else catches up), then I'll probably just get whatever the equivalent of a Bolt is then with that…
Tesla is a meme stock in a similar manner to GME. You cannot bet against them even if they have incredibly unsure future prospectives because there are too many believers who will buy any dips.
Earlier quoted context omitted.
The problem with being a car company is that they'd have to compete with China. It's possible, but they'd have to make additional capital investments to keep up. They've just wasted a ton of money on a failed Musk vanity project (Cybertruck) and squandered a ton of goodwill in their home market via the DOGE fiasco. Cash flow is not what it once was, and if they're going to make a big capital investment, they're proba…
He generated a lot of goodwill with "that DOGE fiasco", too. It just depends on where you fall politically.
Earlier quoted context omitted.
The problem with being a car company is that they'd have to compete with China. As if China cannot produce kick ass robots ? What special sauce does Musk have here that a country with a massive pool of highly trained and educated engineers and decades of manufacturing expertise don't have?
I'm sure China can. But nobody is producing consumer humanoid robots at any scale yet, so Tesla can at least make the argument that they'll make better robots when people actually start buying robots. People are buying cars at scale right now, and existing Tesla models have fallen behind their Chinese competitors.