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xAI has acquired X, xAI now valued at $80B

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Re: xAI has acquired X, xAI now valued at $80B

#911

Post by brookst »

Maxatar wrote: post #876
haliskerbas wrote: post #841

Earlier quoted context omitted.

I thought self dealing was usually illegal. I can’t sell my family member my house for $1 for example. But you can do the same thing with companies?

Yes, self-dealing is illegal when taken to mean a precise legal term; a fiduciary using that position to carry out a transaction in their own self-interest and against the interests of their beneficiaries.

Yes, and just like anti-trust law doesn’t make monopolies illegal, it’s not the self-dealing that’s illegal, it’s the abuse of the process (as you say).

Re: xAI has acquired X, xAI now valued at $80B

#912

Post by dbdoskey »

shkkmo wrote: post #878
toolz wrote: post #861

Earlier quoted context omitted.

you hate the company or the product? How does someone hate a company the open sourced all of their patents which resulted in creating a ton of competition in a previously dominated market?

I'm a fan of Tesla's patent strategy. However, calling it "open source" isn't strictly correct. Patents are only free to use as long as you also give Tesla rights to all your patents.

That seems completely sane and fair

Re: xAI has acquired X, xAI now valued at $80B

#914

Post by literalAardvark »

brians wrote: post #313
eightysixfour wrote: post #283

Earlier quoted context omitted.

> He’s literally the richest person the earth has ever known This is arguable in real terms.

Yeah. He’s not even the richest African emmigrant… because Mansa Musa tipped so heavily he broke intercontinental trade dynamics.

350b USD buys 350kT of gold.

I suspect that many zeros were unheard of in pre industrial times, making most hundred billionaires richer than Mansa Musa even in absolute terms.

Re: xAI has acquired X, xAI now valued at $80B

#915

Post by ehfeng »

therouwboat wrote: post #883
testing22321 wrote: post #831

Earlier quoted context omitted.

Solar roof installs are continuing to grow. Slower than they hoped, but growing. The semi factory will be finished late this year. FSD gets better each month. Obviously there is massive debate if it will be “done” in 1, 2, 5, 10 or never years Robotaxis were announced recently, the plan as announced is for them to be sold in 2026. That has not changed. Looks like they’ll have some kind of driverless taxi service runn…

We were supposed to have full self driving, sleep while it drives you car by 2019, not "the most popular car".

He addressed this. Elon "doesn’t deliver everything he talks about".

His point is that Elon may promise more than he delivers, but he has still delivered on quite a lot.

Re: xAI has acquired X, xAI now valued at $80B

#916

Post by consteval »

geertj wrote: post #862
jeff_carr wrote: post #810

Earlier quoted context omitted.

> This whole thing seems like a big pyramid scheme. That's because his scam of charging $8k over the price of a Tesla for "self driving" was complete vaporware. It never worked and it never was going to work. I am disappointed I fell for it. There should be a class action lawsuit against TESLA for everyone that purchased the $8k self driving "feature". We were all told it was "being rolled out". It was a total lie.

You must not have tried FSD 13.x with AI4 hardware. I commute to work every day from the suburbs to the city with a ~25 min one-way commute with zero disengagements. Edit: Elon mentioned in the last earnings call that if you are on AI3 hardware and bought FSD that they will have to upgrade you free of charge to AI4. Edit 2: To clarify, FSD 13.x is only available with AI4 hardware.

I would not be comfortable using any self-driving system on US roads that only utilizes computer vision.

The reality is we don't actually know how reliable these systems are, and Tesla has a long history of spreading misinformation about their own technology and obfuscating the facts. We don't even know how many cars crash while in FSD mode. We don't know how they crash, or why. None of this data is made publicly available, and of the data that is shared it is carefully curated, and we have no guarantee the data is not fudged. For example, are we certain that FSD does not disengage itself in dangerous circumstances to skew statistics in it's favor?

Trusting Tesla marketing on the topic of Tesla products is like trusting any kind of marketing. They have an incentive to sell the car, so they will lie, and they will cheat.

Re: xAI has acquired X, xAI now valued at $80B

#917

Post by zerd »

thih9 wrote: post #679
krapp wrote: post #261

Earlier quoted context omitted.

I guess we'll see what matters when Trump orders the tanks to roll into Canada.

This wouldn’t happen today. Today there is talk about Canada becoming 51st state; there is relatively little opposition to that - on the contrary, the perception of Canada as a US ally drops in the US[1]. Four more years of this and I could see people similarly accepting tanks. And if you want to prevent this, the time to act is now. [1]: https://apnews.com/article/trump-poll-allies-enemies-friends...

90% oppose the idea. https://www.cbc.ca/news/canada/u-s-eh-who-are-the-canadians-...

Re: xAI has acquired X, xAI now valued at $80B

#918

Post by glial »

ty6853 wrote: post #898
BobAliceInATree wrote: post #887

Earlier quoted context omitted.

This is why many states base the sales tax of used cars sales on the market value, not the actual sales price.

Sales tax was already paid when it was new, the state got its due. That kind of idiotic policy is how expensive and collector cars get owned under an LLC and the LLC changes hands rather than the title. Thus the rich bypass all that BS it's only for the gullible plebs.

Sounds like tax evasion.

Re: xAI has acquired X, xAI now valued at $80B

#919

Post by bumby »

WalterBright wrote: post #881
testing22321 wrote: post #831

Earlier quoted context omitted.

Solar roof installs are continuing to grow. Slower than they hoped, but growing. The semi factory will be finished late this year. FSD gets better each month. Obviously there is massive debate if it will be “done” in 1, 2, 5, 10 or never years Robotaxis were announced recently, the plan as announced is for them to be sold in 2026. That has not changed. Looks like they’ll have some kind of driverless taxi service runn…

> Obviously he’s utterly nuts He takes risks very few others are willing to do, but he is not nuts by any reasonable definition.

I’d argue he offsets his risks (but not profits) to the taxpayer. His high-risk bets have largely been buoyed by government contracts, subsidies, and borderline crony-capitalism. In many respects, that’s not always bad for the taxpayer when he delivers, but it’s not the same as being a free-market risk taker.

Re: xAI has acquired X, xAI now valued at $80B

#920

Post by stale2002 »

DannyBee wrote: post #796
chairmansteve wrote: post #627

Earlier quoted context omitted.

How's Solar City doing now? Not sure the court was capable of that judgement.

Exactly why do you believe a court that does exactly this kind of judgement all the time is not capable of it? They issued a 127 page supporting decision on why they found it was a fair process that generated a fair price. Want to say which part you take issue with that shows it was not capable of the judgement? FWIW - I actually hate tesla, i just also hate the sort of drive by shitting on other fields that HN seems…

> is not capable of it?

> They issued a 127 page

I am sure they wrote a lot of words. But it kinda seems like they were wrong given the evidence.

Solar city shut down. The evidence shows that it was a poor acquisition.

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