i love living in a sci-fi dystopia
- Thread starter scumrot derelict
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TacoMac
Well-Known Member
In a very limited market on a system that actually works. LIDAR is far superior to Tesla's cameras in every way.
Again, that's why no other manufacturer has ever dared call their systems "auto pilot". They work the same way that Tesla's systems work and are nowhere near capable of autonomous driving.
Elon Musk literally makes things up as he goes along. His full "self driving ability" was supposed to be out over a year ago so people could create a fleet of Tesla self driving taxis and put people like Uber and Lyft out of business.
Not only did it never happen, he keeps putting it off as if it actually will happen.
Here is Musk a year ago blaming regulatory people:
Ongoing Delay In Promise Of Self-Driving Teslas?
Has Elon Musk Set Up Regulatory Boogeyman As Scapegoat For Ongoing Delay In Promise Of Self-Driving Teslas?
Here he is just last month saying that it would be released mid May:
Tesla next-gen 'Full Self-Driving' is delayed to May-June, subscription coming next month
Elon Musk has provided an update on the timeline for the next-generation of its “Full Self-Driving Beta” system and the...
electrek.co
Just yesterday, he put it off for months.
Musk says Tesla new self-driving rollout could take a couple of months
Boss Elon Musk said Tesla Inc (TSLA.O) is tweaking its self-driving software to eliminate a phantom braking problem and may release a significantly improved version within the next couple of months.
It's always a story with him. And here comes the payoff - even his alleged "full blown auto pilot" is not a full blown auto pilot.
After release of Tesla's 'Full Self-Driving' beta, Elon Musk promises roughly $2,000 price hike | TechCrunch
In a tweet posted early Thursday morning, Tesla chief executive Elon Musk said that prices for the Full Self-Driving ("FSD") upgrade to Tesla vehicles
techcrunch.com
Here's the operative part of that article:
To be clear, Tesla’s definition for fully self-driving cars is different from a fully autonomous vehicle. As TechCrunch reported last year when the company unveiled the plans for the latest version of its autonomous driving package, Musk described multiple levels of Tesla’s assessment of self-driving tech, and specified that this meant cars are “able to be autonomous but requiring supervision and intervention at times.”
So the fact of the matter is, Tesla has no plans to have a truly autonomous update to its autopilot system. Ever. They never did. It's all just more Elon Musk bullshit that the Tesla cool aide drinking followers drink up like thirsting to death dogs that don't know any better.
doublejj
Well-Known Member
Exclusive: Tesla seeks entry into U.S. renewable fuel credit market - sources
The move could represent the largest expansion of the RFS program that was created by President George W. Bush and aimed at boosting rural America and weaning the country off oil imports.
finance.yahoo.com
The move could represent the largest expansion of the RFS program that was created by President George W. Bush and aimed at boosting rural America and weaning the country off oil imports.
Exclusive: Tesla seeks entry into U.S. renewable fuel credit market - sources
Tesla Inc is seeking to enter the multi-billion dollar U.S. renewable credit market, hoping to profit from the Biden administration's march toward new zero-emission goals, two sources familiar with the matter said. The electric car maker is one of at least eight companies with a pending...
TacoMac
Well-Known Member
He's desperate.Exclusive: Tesla seeks entry into U.S. renewable fuel credit market - sources
The move could represent the largest expansion of the RFS program that was created by President George W. Bush and aimed at boosting rural America and weaning the country off oil imports.
Exclusive: Tesla seeks entry into U.S. renewable fuel credit market - sources
Tesla Inc is seeking to enter the multi-billion dollar U.S. renewable credit market, hoping to profit from the Biden administration's march toward new zero-emission goals, two sources familiar with the matter said. The electric car maker is one of at least eight companies with a pending...
Selling credits and playing with bitcoin are the only way Tesla has ever made money.
He just lost his biggest credit buyer last month, so if he doesn't find a way to sell those credits he's done for.
TacoMac
Well-Known Member
Keep laughing.
www.businessinsider.com
One of Tesla's biggest emissions credit buyers doesn't need them any more, threatening a key profit source for Elon Musk
Sales of regulatory credits have been a key driver of Tesla's profitability over the last two years.
www.businessinsider.com
doublejj
Well-Known Member
I got to hand it to you Tesla haters, you never give up...Tesla has been on it's last legs for 10 years. lol......Elon is still the only guy that can launch a man into space
TacoMac
Well-Known Member
It's not hate. It's fact. Why do you think his stock is like riding a roller coaster? Why do you think he's been fined millions by the FEC? Why do you think he has been through 5 CFO'S and 7 lead counsel in the last 3 years?
In fact, he hasn't even had a lead counsel since 2019 and the acting assistant counsel just left.
It's supposed to be a car company but it's doing everything except selling cars.
Hell, they didn't even make anything but model 3's and Y's last year because they can't sell any of the upper end models anymore.
Musk was good for Tesla in the beginning, but over the last two years he's done everything EXCEPT fix Tesla's ongoing issues.
And now sales have tanked in China as China has started a massive anti-Tesla campaign, Musk has canceled the expansion of the China factory, he's canceled construction on the German factory indefinitely...
It's a mess.
And once again Tesla stock is on the express elevator to hell having lost 25% of its value this year.
Nobody wants Tesla to fail, but holy shit when you point facts out to people like you who just laugh and post a picture of Musk It's no small wonder that the company doesn't perform.
With fans and cool aid drinking investors like you, it doesn't have to.
doublejj
Well-Known Member
TacoMac
Well-Known Member
doublejj
Well-Known Member
Tesla will sell out of every car they can build.......i see future tears alright, from other car makers who are a decade behind.
doublejj
Well-Known Member
gas is $6.99gl.......yeah ICE car makers are doing just fine...lol
TacoMac
Well-Known Member
The stock trades at roughly 1000% of the value of it's income. No other company in history has ever done that.
Tesla has never made a dime from selling cars. It's only profit comes from selling regulatory credits. That ship is crashing now as more car companies are able to meet their quotas by releasing their own electric cars.
That's why Musk is trying to join a regulatory credit exchange. He knows full well he's going to start losing money and his stock will nose dive into worthlessness for him.
It's actually about the best thing that could happen to Tesla though. It's a good car. It's just that Musk has become more interested in his own grotesque wealth than the wellbeing of Tesla as a company.
Edit to add: If you froze Tesla stock at it's present price and Musk agreed to buy back all their stock from Tesla's profits alone, it would take Tesla roughly 490 years to buy it all back. That's how over valued the stock is at this point.
