> Net cash outflow of $1.2B related to Bitcoin in Q1 What is this?
Bitcoin? I can tell you all about it!
Only joking, Tesla bought $1.5b in Bitcoin back in February: https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-i...
Tesla Q1 2021 Results
551–560 of 591 posts
Re: Tesla Q1 2021 Results
#552Earlier quoted context omitted.
You’d imagine they would have engineers think about this stuff. Such dummies! Looking forward for that link of a death caused by operating the wipers. I haven’t touched mine (not Tesla) for years since they work automatically, maybe other families have special windshield wiper adjustment needs?
https://www.tesladeaths.com/ https://www.vox.com/recode/2020/2/26/21154502/tesla-autopilo... https://arstechnica.com/cars/2021/01/waymo-ceo-tesla-is-not-... Tesla resists efforts to prevent distracted driving, and also resists the consistent call from regulators properly set expectations for the capabilities of its autopilot feature. People are dying as a result. You'll notice that you won't find the same articles ab…
Hold on, you were talking about the danger of operating the wipers on the touchscreen. That is completely unrelated to autopilot.
You’re just pushing your agenda here. By the way, a tip on that: that first site completely discredits any kind of safety discussion as soon as it’s mentioned. It scares you with a long list of accidents when only 6 are potentially related to autopilot in a decade of its existence, vs 1.3 million deaths happening every year for all car brands.
Re: Tesla Q1 2021 Results
#553Earlier quoted context omitted.
>> The M3 is now selling more cars than Mercedes or BMW do in the same price segment. > I had to read the comment several times to figure out if it meant that somehow BMW was selling more M3s than the whole 3 Series lineup. The whole 3 Series lineup is not in the same price segment as the M3, is it? How could BMW sell more M3 cars than the total number of cars they sell in that price segment?
The usage is ambiguous because it may mean something like the BMW M3 even at a higher price is now generating more sales than the normal 3 Series lineup but those sales are not included in these numbers. Using the name of a car from an adjacent price range in the same segment is absolutely ambiguous, especially when Tesla is competing on price/performance. If you want to abbreviate it then call it a TM3 or something.…
Sometimes it’s ambiguous. In this particular case not that much, I think. That comment is in the context of “Tesla 3” and “Model 3” mentions in the two preceding paragraphs. (And Tesla is selling as many model 3 cars in one year as M3 cars have been sold by BMW in 35 years!)
Re: Tesla Q1 2021 Results
#554Earlier quoted context omitted.
The one factor that you conveniently dismiss (market cap) is usually what people look at when talking about company size.
I don't think anyone would call Berkshire Hathaway a large company - or be surprised if it doubles it's revenue in 3 years. I think Teslas stock is somewhere in the space between VW and Berkshire Hathaway, the value is already accounting for a future, much larger company. Similar to some recent IPOs, like Coinbase.
Did you make a typo? You don't think Berkshire Hathaway is a large company?
Also maybe you personally wouldn't be surprised if BRK didn't double revenue over three years, but people who are in the financial space would be absolutely shocked if it did so, considering the last time BRK managed to double it's revenue over a three year period was from 1988 to 1991.
Re: Tesla Q1 2021 Results
#555Earlier quoted context omitted.
As I’ve commented above, “conflicting sensors” doesn’t make much sense as an argument. If sensors A and B conflicted, you could just ignore sensor B and get performance at least as good as just having sensor A. Does sensor B have enough other benefits to outweigh the costs of adding it? I don’t know, but that’s the actual crux of this problem.
Sensor B “enhancing” sensor A is the exact same situation as a sensor conflict. How do you tell them apart? You’re oversimplifying the issue as if it was a matter of simple addition.
It's a shame people at Boeing seem to have the same outlook on this question. Cost a few hundred people their lives recently. When two sensors disagree, you don't know which one is right, but you know there's something wrong. You're going to fail, but at least you can fail safe. With only one sensor, you don't have that option.
Hence my question, "How much precision do you need to keep from running into a parked truck?"
Re: Tesla Q1 2021 Results
#556Earlier quoted context omitted.
"More than 70%" does not mean "More than 70% have their own driveway". Apartments don't have driveways and underground garages are often hard to retrofit.
I used to live in a block of flats with, I was a director of the management company. We nominally had 1 parking space each, but it wasn't allocated. We looked into putting in outside sockets, it was fairly low cost, the difficulty would be apportioning the metering as we didn't have allocated parking spaces, but with allocated parking spaces it's not a problem. On my own housing estate in a typical British town almos…
> "the difficulty would be apportioning the metering as we didn't have allocated parking spaces"
There are already various technical solutions to this. Most chargers now days are "connected" - ie have a WiFi chip or cellular modem built in to the charging unit. Identification/billing can be apportioned via a RFID card or app interface.
In future, "Plug & Charge" will make it possible for the vehicles to securely identify themselves to the charger for automatic billing, doing away with the need for an app or RFID.
If cost of the chargers is an issue (ie you want a large number of outlets but it's initially split between only a few EV owners who are willing to pay for them), then consider something like Ubitricity (ubitricity.com) where the outlets are "dumb" and the billing smarts are built into the cable which EV owners purchase.
Re: Tesla Q1 2021 Results
#557Earlier quoted context omitted.
> This is a common misconception, easily avoided by getting some firsthand experience owning a Tesla. So a software update has never changed the order or location of user interface elements? > I look forward to hearing you give even a single example where a human driver was not to blame https://www.tesladeaths.com/ There are at least 3 known cases where autopilot failed and someone died. (Also note that no one has di…
>There are at least 3 known cases where autopilot failed and someone died. Depending how you falsely define "failure," Autopilot can be falsely said to fail all the time. If you set an unrealistic bar, it can fail each and every second of every drive, according to some fallacious definitions. Fully replacing the driver is not a claimed feature of the current system. Future systems, sure. But current systems? Nope. Th…
Why are you getting into the definition of fallacious? Read the NTSB report.
> The Tesla Autopilot system did not provide an effective means of monitoring the driver’s level of engagement with the driving task, and the timing of alerts and warnings was insufficient to elicit the driver’s response to prevent the crash or mitigate its severity. Requirements are needed for driver monitoring systems for advanced driver assistance systems that provide partial driving automation (SAE Level 2 systems), and Tesla needs to develop applications that more effectively sense the driver’s level of engagement and that alert drivers who are not engaged...
> Despite the system’s known limitations, Tesla does not restrict where Autopilot can be used. Tesla should incorporate system safeguards that limit the use of partial driving automation systems (Autopilot) to those conditions for which they were designed...
> The Tesla’s collision avoidance assist systems were not designed to, and did not, detect the crash attenuator. Because this object was not detected, (a) Autopilot accelerated the SUV to a higher speed, which the driver had previously set by using adaptive cruise control, (b) the forward collision warning did not provide an alert, and (c) the automatic emergency braking did not activate. For partial driving automation systems to be safely deployed in a high-speed operating environment, collision avoidance systems must be able to effectively detect potential hazards and warn of potential hazards to drivers
Autopilot 1) failed to detect a distracted driver and engage them, 2) is not limited by Tesla to areas where it actually works, and 3) depends on collision avoidance which does not work. Tesla is claiming they will solve these problems without LiDAR. Volvo, Waymo, GM, VW, and many more claim that even semi-autonomous driving isn't possible without it. We'll see how many more people have to die before Tesla changes their mind.
Re: Tesla Q1 2021 Results
#558Earlier quoted context omitted.
You forgot: * Software
I think the software component is truly underestimated. It's been said that Tesla is really a software company that happens to build cars, and I can believe it. I'm not sure that VW, GM, or Ford will ever be able to compete on the software front, they just don't have it in their DNA. I kinda view it like Silicon Valley; there's nothing intrinsic about the specific place on the map that makes it a great place to devel…
There is a really good example of this in the Q1 report. The chip shortage that has hit a lot of car manufacturers also hit Tesla, but they quickly changed hardware and developed new firmware. Only a software savvy company can do that.
Re: Tesla Q1 2021 Results
#559Earlier quoted context omitted.
The usage is ambiguous because it may mean something like the BMW M3 even at a higher price is now generating more sales than the normal 3 Series lineup but those sales are not included in these numbers. Using the name of a car from an adjacent price range in the same segment is absolutely ambiguous, especially when Tesla is competing on price/performance. If you want to abbreviate it then call it a TM3 or something.…
Sometimes it’s ambiguous. In this particular case not that much, I think. That comment is in the context of “Tesla 3” and “Model 3” mentions in the two preceding paragraphs. (And Tesla is selling as many model 3 cars in one year as M3 cars have been sold by BMW in 35 years!)
The mention of "Model 3" in the previous paragraph is what makes the usage of M3 even more confusing. Why inconsistently use this "unambiguous" abbreviation? Especially in a sentence that references BMW?
It’s in the larger context of Model 3 sales relative to other cars with an unclear definition of what those cars are. They compare sales of the Model 3 to the Mercedes E class! It’s reasonable then to wonder if M3 numbers are or maybe are not included.
Additionally the M3 has been a significant volume seller in the past. There are a lot of E46 M3s in comparison to the rest of the E46 fleet. It would surprise me to learn BMW is selling more G80 M3s than G80 3 Series but with declining sales in the segment maybe the “premium” car is the one retaining sales.
The usage of “M3” is ambiguous because at first glance all of that seems possible, if surprising.
Why are we arguing about this? The M3 is a 35 year old name that is in the same segment as a Model 3. Calling a Model 3 an M3 is always going to cause confusion. It would even cause confusion on the showroom floor of a Tesla dealership.
Re: Tesla Q1 2021 Results
#560Earlier quoted context omitted.
In Europe indeed, no idea why American BMWs are so much worse. There is also a huge amount of complaining online about the dealers, that could be part of the problem. Had a similar feeling driving a rental VW Passat in the US, it felt like they make a special US version. Most notable difference was a very very lazy feeling gearbox.
Funny you mention Passat. I owned one for a few years and it was pretty solid, was surprised esp. hearing all the negative towards VW reliability. But then I rented one in Florida that felt like it was about to rattle itself apart. And just so I don't sound like a Tesla fanboy or anything, I got a Model S high mileage loaner that also felt like it was about to break apart at any second. I guess Americans just can't m…
Yes I had the same comparison having also rented several VWs in Europe and feeling like it's an entirely different car in the US.
Not sure whether a US market BMW is produced locally. If they are that would explain a lot in terms of US customers complaining about reliability and thinking a model 3 is like a German luxury car while to European customers it feels like a cheap American car. The frame of reference isn't the same.
Edit: So a quick Google shows a US BMW 3 series is produced in Mexico. And apparently has to use at least 50% locally made parts according to Mexican law.