Earlier quoted context omitted.
> I can’t sell my family member my house for $1 for example In most countries you absolutely can. The difference between market value and the sale price might be considered and taxed as a gift, but such a deal is generally not prohibited.
If I overpay for a house, shouldn’t it be taxed as a gift too? :p
xAI has acquired X, xAI now valued at $80B
951–960 of 1001 posts
Re: xAI has acquired X, xAI now valued at $80B
#952Earlier quoted context omitted.
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.
They started selling FSD back in like 2017 and it was supposed to be self-driving ALL THE TIME by 2019. It’s 8 years later now and the best you’ve got is “upgrade the hardware to version 4 and you can make a 25 mile commute without disengagement” when Tesla was promising cross-continent summoning so you could fly somewhere and your car would drive there to meet you, charging along the way. That’s L5 autonomy. The del…
> It never worked and it never was going to work.
That is evidently false. If I had a longer commute it would work fine too. I have done ~2 hour road trips with it already.
You are bringing up a different point, which is that FSD arrived later than promised or at least implied (I don't know exactly how this was sold in 2017). That is self-evident at this point.
Re: xAI has acquired X, xAI now valued at $80B
#953Earlier 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.
Re: xAI has acquired X, xAI now valued at $80B
#954Earlier quoted context omitted.
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 ava…
I am equally uncomfortable that other people are out there beta testing FSD.
That is probably because you are unaware how far it has gotten. Irrespective of that, a driver still needs to be there and pay attention. As soon as you take your eyes of the road for a few seconds it will warn you very prominently.
I'm going on the record here to say that FSD will be a better driver than 99% of humans in the next 2 years. I may be wrong, but I don't think I will be.
Re: xAI has acquired X, xAI now valued at $80B
#955Earlier quoted context omitted.
How's Solar City doing now? Not sure the court was capable of that judgement.
And what happened to Tesla solar roofs? Haven’t heard about those since like 2020. Who actually has one? And Tesla trucks? And full self-driving? And robotaxis? And the private venture around the moon? It’s like everyone just forgets Musk’s announcements that never get delivered on.
Marques Brownlee:
https://www.youtube.com/watch?v=UJeSWbR6W04
They are expensive though, but nice looking.
> And Tesla trucks?
https://www.dhl.com/global-en/delivered/responsibility/dhl-t...
Tesla is currently building a dedicated factory in Nevada for the Semi Truck. Production is starting end of this year and ramping up in 2027.
Re: xAI has acquired X, xAI now valued at $80B
#956Earlier quoted context omitted.
> Even a sliver of that capability and influence ensures nobody will ever dare to try and slap some cuffs on him After 2028 elections, all of that umbrella cover will go away. Optimistically speaking it could happen as soon as after Nov of 2026 (midterms).
Which is precisely why there won't be 2026 and 2028 elections. I dunno why people are pretending this is just 4 years of Trump. He tried to overthrow the results before, and this time around, he has support of all 3 branches and players like Elon Musk. US is going to do the same thing Russia did with Putin. If we end up having elections, its actually gonna be worse of long term, because despite tanking economy, most…
Re: xAI has acquired X, xAI now valued at $80B
#957Earlier quoted context omitted.
And what happened to Tesla solar roofs? Haven’t heard about those since like 2020. Who actually has one? And Tesla trucks? And full self-driving? And robotaxis? And the private venture around the moon? It’s like everyone just forgets Musk’s announcements that never get delivered on.
What are you talking about? How about you spend like 2min doing research? Tesla solar roofs exist and are being deployed. Its just not the extreme growth market that Musk hopped for. And the trucks exist too. The private moon mission is off because the costumer pulled out. But Starship is still in development and is contract with NASA for a moon mission. Of course Robotaxi isn't close to existing.
Musk announced in January that it was to launch in June, in Austin.
Re: xAI has acquired X, xAI now valued at $80B
#958How the hell does this work?? I have five dollars in a box, and I buy a different box, also known to have five dollars in it, for the $5 in the first one. Now, according to this logic, I have a portfolio worth $10, since I still have the original box, worth $5 and the new one, also worth $5. If I tried this at a gas station, I would be arrested if I got caught.
I build another box A and people get excited. They say they’ll pay 5 cents for 1% of it, and I have a paper that says I own most of it.
Time passes and the amount people are willing to pay for the boxes changes, and at some point people are close to not believing box T is worth 10 cents per 1%. If that happens, the bank will want their 10%!
To prevent that, I decide to sell box X to box A. I pick the price I want for the sale, but the important part is that I make sure box A writes a new paper saying that the bank now has to get 20% of box A if box A fails to pay them, not box T anymore.
In the end, I can’t say I own box X anymore, but I never cared much for it. I only bought it as a meme. That’s okay though, because I don’t need to give any of my box T to the bank, and people are willing to pay 8 cents for 1% of my box A since it now owns box X too.
Re: xAI has acquired X, xAI now valued at $80B
#959Earlier quoted context omitted.
Canada and Greenland
Russian joke: >Trump, in the afterlife, gets permission to go back and visit Earth for one hour. He goes into a bar in NYC and asks the bartender how things are going for America. The amazed man says, "Wow, sir, we have the most incredible empire thanks to you! Greenland, Panama, and Canada!" "That's great," says Trump, "What about Europe?" "Oh yes," says the bartender, "They also couldn't resist us!" "That's so beau…
Re: xAI has acquired X, xAI now valued at $80B
#960Earlier quoted context omitted.
Is he really rich? He started a car company, one that is known to make shit cars. All of their big bets failed. So what was supposed to be "not just a car comoany", which is what all the insane valuations were based on, is now "just a car comoany" and a shit one at that. So why is this car comoany still valuated at such insane hype levels? Is his wealth not entirely tied to the hyper-valuation of this car company?
> He started a car company, one that is known to make shit cars. No he didn't. He was an early investor in a car company, eight month after it was founded, and later history-revised his way into a founder title. Not that this should be surprising, considering the childish ego on that man.