361–370 of 378 posts
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How long ago was that? I doubt it was the v14 software. The software has become scary good in the last few weeks, in my own subjective experience.
This exact sentence (minus the specific version) is claimed every single week. No, you do not "become scary good" every single week the past 10 years and yet still not be able to drive coast to coast all by itself (which Elon promised it would do a decade ago) You are just human and bad at evaluating it. You might even be experiencing literal statistical noise.
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This reads to me like someone saying “you can’t dump me, because I am preemptively dumping you.” It is a forced pivot to avoid having to admit failure.
You’ve heard of a bridge to nowhere? I suspect this is a pivot to nowhere.
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> 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.
There are so, so, so many companies operating in this space right now. You list two that have given up. A quick google brings back at least a dozen operations that appear to be still ongoing. 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. An…
You need to put about 10 asterisks on those. MB Drive Pilot has been discontinued due to "low demand and high cost", and those other 2 systems appear to have substantial restrictions. Meanwhile, FSD today "works" on pretty much any road or highway. I can easily see certain folks see that as far ahead of competitors, since it physically can do more in more places and operate in more conditions.
My (2019) Tesla has been the most reliable car I've ever owned, but it sure seems like they're not interested in being a car company anymore. Not having turn stalks and the drive selector, making me either pay for internet access or use bluetooth if I want to play spotify or youtube music (which I get for 'free' in cars with CarPlay or Android Auto), making the cybertruck way too big for a garage, discontinuing the m…
That's an uncommon experience. Tesla is a very strong leader for faults, breakage, and costly maintenance/repairs in the 3-5 year old segment. See any European comprehensive car inspection statistics report.
A big part Part of the reason tesla is considered less reliable is the number of recalls it gets, most of which are software related and fixed over the air.
In terms of maintenance, it is by far the lowest cost of ownership vehicle I've had, I'm in my 40s, not exactly new to owning cars.
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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…
Are you willing to accept the ugly answer? Because the point of FSD isn't what they pitch. The replacing human drivers to save lives yada yada... That ain't it. The point is creating a handful of leverage points through which the autonomy of the populace to move wherever they want can be controlled through. Once the tech is the majority driver, people can finally be properly managed as the little work units they are. That's the dark part of the valuation. The power aspect. The ones who own the means to locomote are the ultimate rent collectors. There's simply no arguing that can be done by a populace that can be prevented from showing up to any attempt at collective protest via geofencing. Or if they do show up, can be added to a comprehensive list for participating in disruptive activities.
Capabilities, ladies and gentlemen. We have to assess these things on the ground of what they enable. Delegating transport entirely to a third party necessarily creates a vulnerability of society to manipulation by the ones running the damn thing; and the ones running the damn thing want money, and security for themselves.
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There's a lot of true believers who think Tesla+Musk will crack self driving and/or humanoid robots any day now.
I am so confused when I read things like this because my Tesla model 3 is effectively self driving for me for months now. Hundreds of miles without intervention. No other car I can buy can do this yet
The mystery I can wrap my head around is how Tesla has avoided getting hammered despite being hit from a hundred different directions. What exactly is the market pricing in? They peaked around 2021, and even after posting multiple quarters of disappointing results, the stock is still trading above 2021 levels. For almost any other company, slightly lowering guidance or missing estimates by a few percentage points sim…
Tesla is the world’s largest meme stock. People stopped applying rational pricing models, and rationality in general, to it a lot time ago.