311–320 of 378 posts
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A lot of it is subsidized by the Chinese government and also, BYD's sales in January were down 33%
>subsidized So, like Tesla. Why is it that when it is a Chinese company it is basically Evil Communism, but when it is in the US it is fine?
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As a software developer I only really started to understand how divorced from reality Elon is when he started talking about software development. That was a sinking feeling: "Oh he doesn't actually know something I don't know. He's just keeping the music playing, so he doesn't have to sit down on the chairs that don't exist. Fuck."
yeah the recent “LLMs will just make the binary directly” comment should be a massive signal that the guys clueless
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I thought this was the greatest product demo https://www.youtube.com/watch?v=R40IDdAkRZM I struggle to imagine what the US version of this intimidating propaganda movie would look like. My mind renders only pictures of square dancing.
The US version is all boston dynamics. https://www.youtube.com/watch?v=UNorxwlZlFk&t=9s https://www.youtube.com/watch?v=LeeiN9smjjY
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Can be turned into value, owning a Tesla is a symbol of status.
A symbol of being a white nationalist racist?
by no mean calling this out is advocating for status signaling , I myself would never buy a Tesla for this very reason.
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yeah the recent “LLMs will just make the binary directly” comment should be a massive signal that the guys clueless
The only reason for a source code to be is for humans to read it, bun when the source code gets churned (by AI agents) in too large of a quantity for any human to realistically read and analyze, then what's the point of having a source code in the first place? Generating binary directly simply makes sense. Working with binary does, even when a human is involved, as long as there's an AI helper as well. The human simp…
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Still making fantastic profit every quarter. So there's really no issue.
Those profits have also gone down; the only year they made lower-but-still-positive profit than 2025 ($3794m) was the first year since their founding in which they made any profit (which was 2020 and $721m). Tesla's total profits over its entire existence ($37,883m [0]) is about as much as Musk has personally made by selling Tesla shares ($40bn ish [1]), but of that profit I can find $12.8bn can be attributed to gove…
That being said, yeah, profits were down a bit but a lot of that was stock compensation and other things. In practical terms they went from a cash position of 36 billion to 44 billion.
They are in a phenomenal position financially as they have very little debt. By comparison GM made 2.7 billion and Stellantis lost 20 billion.
Tesla is in such a great cash position that Apple only has about 10 billion more than them in cash.
The future looks fantastic.
Many have argued that Musk's shift to far-right politics is responsible for some of this decline -- and it certainly makes some sense -- but I wonder if the cause and effect are being conflated. If Musk were aware that Tesla was going to lose this much ground due to factors beyond his own mismanagement, including the threat of Chinese imports and a widespread shift away from EVs due to a right-populist sentiment swin…
Why would you try to put a charitable spin on it? Musk is not a 5d chess playing super genius, quite the opposite.
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The market discounts future returns but it is unclear and shifting what proportion of those returns are from the operations of the company in the market it sells products in and what proportion comes from the operations of traders in financial markets. More plainly, traders discount returns from buybacks and dividends financed by the operations of the company and returns from selling their shares to "greater fools".…
What is it about FSD that results in this valuation though? If elon builds a time machine and goes to the future to get FSD tech from 100 years from now and rolls it out to all teslas tomorrow, what will change? Will every car driver get rid of their cars and get a tesla? Will that suddenly justify the stupid valuation? Realistically, I don't think the majority of drivers will care that much. Sure, their sales will g…
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Well he certainly wouldn't but the engineers working for Tesla might, with a probability that is very low but greater than 0. It's much higher (but still low) in 1 year, 5 years, 10 years. Tomorrow is a metanym for the future. But to be very clear I not only don't think they will but I don't think that they think they will, or they wouldn't be shifting focus to Optimus. I'm not invested in Tesla except for my exposur…
To be maximally reductive, FSD will never work because the sensor suite is deficient. There are other reasons but that one's enough. Same for a rocket that's ridiculously large for orbital missions but can't go beyond orbit without 15 to 25 refueling flights of the same enormous rocket. The reasons for both these failing are going to be manyfold and complex, but there are enough simple reasons that everyone should un…
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What is it about FSD that results in this valuation though? If elon builds a time machine and goes to the future to get FSD tech from 100 years from now and rolls it out to all teslas tomorrow, what will change? Will every car driver get rid of their cars and get a tesla? Will that suddenly justify the stupid valuation? Realistically, I don't think the majority of drivers will care that much. Sure, their sales will g…
> there is no moat in FSD. Being a really really hard problem is a moat. Many have tried and given up already: Uber, Cruise, etc.
BMW Personal Pilot, Merc Drive Pilot, and Honda Sensing Elite are Level 3 automation tech you can buy right now. Tesla is still at level 2!!
Whether Tesla is going to be the first to achieve true autonomy or not is a toss-up. And and regardless of who achieves it, the rest will be very very short on their heels.