Musk moves Tesla's goalposts, investors happily move shares higher
Musk moves Tesla's goalposts, investors happily move shares higher
It's the millions-of-robotaxis promise again – and all y'all buying it this time, too?
“Your privately owned vehicle is actually just a timeshare taxi” getting stock prices to go up is proof that our system is irremediably fucked.
Musk said. "If you get to the 100 million vehicle level, which I think we will … you've got a kilowatt of useable compute," Musk said.
A whole kilowatt? "I think you could have on the order of 100 gigawatts of useful compute." Ah.
"And unlike laptops and our cell phones, it is totally under Tesla's control," Musk added.
They clearly seem to think that they can do whatever they want with their customer's property
This man is dragging Nikola's namesake through the mud.
At least not as bad as the Nikola "truck" company.
He can't even get auto drive to work on his EXISTING vehicles.
Have you tried it lately?
I own a Tesla and was offered 30 days of free full self driving. I refused to try it for a number of reasons.
- The routing in the navigation system has numerous issues like thinking it can’t turn left at intersections where you actually can. It results in less than optimal routes, and there’s no way to report those sorts of issues.
- FSD relies on the same camera system that Autopilot (traffic aware cruise control) uses. I’ve had Autopilot slam on the brakes for no obvious reason, swerve to avoid nothing, etc. If it has issues like that then chances are FSD will be just as bad.
- The cameras are also used to control the automatic windshield wipers, and they can turn on without warning in bright sun, etc.
- Same with the auto high beams, which are required by Autopilot & FSD. I refuse to use them because they can turn on & off a lot when there are cars approaching me.
- I regularly get alerts that cameras are obscured by bright sun, low sun in the sky, etc.
In other words, the systems that FSD rely on are clearly still buggy. So I refuse to use FSD until it’s clearly demonstrated the bugs in those systems are fixed.
He did, and had to do some emergency braking before the car drove him into cross traffic in a live stream.
"It seems the idea is that Tesla puts Cybercabs on the streets, and makes an app for booking rides using the software-controlled vehicles, and people can add their private Teslas to the available pool."
This is now on the level of people harassing programmers with ideas like "it is like facebook but better"
I certainly love the idea of autonomous taxis, like, there is so much space wasted for parking.. But I really don’t think that Tesla manages to deliver that in my livetime, lol
Did we go from landing on Mars to taxis? That was quick.
That's the Musk manoeuvre. Promise very big, deliver a fraction.
The Vegas finger thing was also fun for that. We're going to make tunnels and you get there with a big car sized elevator. Scratch that, regular old escalator. We'll have high capacity speciale build buses. Scratch that, just a normal model X. But it will drive fully automated to the tunnels. Oh, no self driving, just human drivers. So it'll be very futuristic. Oops, just use RGB lighting then.
And he's not going to Mars for now. In NASA's moon mission the spaceship is basically an orbital fuel truck.
Nah, the Vegas thing was to stall mass transit.
Musk admitted to his biographer Ashlee Vance that Hyperloop was all about trying to get legislators to cancel plans for high-speed rail in California—even though he had no plans to build it.
— Did Musk Propose Hyperloop to Stop California High-Speed Rail?And he's not going to Mars for now. In NASA's moon mission the spaceship is basically an orbital fuel truck.
And my (admittedly lacking) understanding is that the rest of the contractors on that project fucking hate working with the guy.
Everyone holding shares has a pretty vested interest in believing the bullshit, because it impacts all of their bottom lines. The truth loses them money, so they'd much prefer a semi-plausible lie.
Ah yes the truth is known by the people who are entertained by full time doubting Elon and Tesla. Not the investors of a company that produces millions of EVs per anum.
The ability to gamble on the performance of a company auto-magically means investors know more?
Huh...
This is the best summary I could come up with:
Opinion Elon Musk has a strategy and you may have seen it before: When things aren't going well, he'll say something wild to take everyone's eyes off the trouble, and raise share prices with dreams.
But give Musk a chance to toss out a flash grenade and he'll do just that: This time around with some wild predictions about his automaker producing a "purpose-built robotaxi" dubbed the "Cybercab," and Tesla's latest vision for the future as one in which it is focused on "solving autonomy."
The objective, as the billionaire tycoon described it, was to put the self-driving Cybercab on the road in short order, operating alongside privately owned Teslas being rented out for use as an autonomous taxi fleet.
As part of the robotaxi platform, privately-owned Teslas that aren't being driven by humans or autonomously chauffeuring riders around, would be added to a lake of distributed computing resources.
Tesla's shares performed worse than Boeing's in the first quarter of 2024, largely because of Cybertruck problems and missed expectations.
Toss some new robotaxi, distributing computing, self driving, and low-cost Tesla promises out there and everyone forgets the past three months.
The original article contains 764 words, the summary contains 190 words. Saved 75%. I'm a bot and I'm open source!
How's he gonna start a new line when he's trying to fire 20% of the people that actual create something.
Ah yes, Elon Musk has finally been delegated to his rightful title of Opinion
