Comment by haspok
Comment by haspok 4 days ago
That's all good, don't worry, the stock is doing quite well, near its record high. A man jumping around in spandex is all they need.
Comment by haspok 4 days ago
That's all good, don't worry, the stock is doing quite well, near its record high. A man jumping around in spandex is all they need.
I think it was the FT that observed about a year ago that even as institutional investors were pulling away from US equities, retail investors (redditors, if you will) were filling in the gap quite enthusiastically. (You know, "Buy the dip!! " and brethren.)
I don't know to what extent that's still the case. But someone always ends up with the hot potato no matter what.
Its not bizzare. Retail investors can no longer compete with big banks, who pretty much set the stock price. Elon solidified this with DOGE by removing oversight of such things.
At this point, investing is exacly like playing slots at casino.
It’s being valued on the hope that they will crack full self driving. People still believe they will crack it.
> Tesla said they were going to do this at least as far back as like 2018, and still aren’t.
Tesla Robotaxis are fully operating in Austin since November and they are running a pilot in San Francisco with safety drivers?
https://www.teslarati.com/tesla-opens-robotaxi-access-to-eve...
And?
FSD is good in video, given. But its not full self driving as it still requires you to keep an eye on it.
Real FSD for me at least, means I can sit in a 'car' open a laptop and work. But honestly working with a laptop in a car makes it dangerous when driving fast.
For my work commute, I don't need a FSD. For my holiday also not.
What I want is real and save FSD something which has proofen on the road that it is really really good.
We are far away from this. 5 years minimum if not 10. And while Tesla is playing around with FSD and putting it now behind a subscription and fooled everyone with the promise of FSD with HW3 and below, it will not suddenly make Tesla the single leader in FSD at all.
Waymo is working on it, Xpeng can do it, BMW, Mercedes and Nvidia.
For Cybertaxies alone you need a lot of infrastructure (parking spots), cleaning crew, management software etc. you need the legal framework to be allowed to drive them (not going to happen anytime soon in europe) and then you only compete with normal taxis and uber.
what does it matter? Who is going to drive a nazi cab when you can take a Waymo?
Beyond that the fact that both Google and Rivian are so sure LIDAR is critical it suggests that the LIDAR-less solution is unsafe and kept afloat by musk hype and neutered USA regulators.
The safety numbers do not reflect that.
Same same. What are they going to build? An AI bot or a bot controlled by a human?
AI bot of course. Assuming it can move fast enough and is powerful enough, won’t work without competent AI.
Once they actually start bleeding money they will go down.
But Apple under Steve Jobs had all the financial numbers to support it, it wasn't valued solely on Steve Jobs' personality, the products were there, and being loved by consumers. Revenue wasn't dipping while the stock was going up, revenue, market share, profits were consistently on the rise.
It's actually bizarre how seemingly nothing impacts $TSLA: profits down 46%, revenue down 3%, cutting successful product lines that used to sell quite a bit, a massively failed product in the Cybertruck, FSD promises still unfulfilled, and on top of all that US$ 2 billion siphoned away to another unrelated company.
With all of that, the stock closed upwards on the after market hours. Perhaps only Musk's death could cause it to tank, would have never expected to see a cult of personality being run on the top of S&P 500 market caps, what a strange world...