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I LIKE IT! Great to see them paying attention to chassis and suspension instead of just giving it more power and calling it a day like the previous M3P. Can't wait to learn more.

These departures are not good news obviously, but not cause for serious concern without an ugly backstory. Instead they seem very reasonable and amicable. Drew especially really deserves a nice long break. 18 years under Elon has to be like 81 years under a normal boss.

Down 5%?? That's nothin'! I was looking for sub-$150 to scoop some shares. Oh well, we still have the earnings call.

Got a notification for a boring “bug fixes” update last night, and got in the car this morning to discover I had gotten my FSD trial!! (2023 Model 3, 12.3.2.1) Only got to put about 15 minutes on it going to work but no interventions and so much more confident and natural than the 11.4 I tried...

Four major reasons the stock has been drifting downward,IMO. 1. Hangover from 2021 bubble when TSLA went way too high too fast. Once at that level the only direction to go is down. We are in downward price discovery mode. 2. Narrative reversal on EVs - “nobody wants them.” 3. FSD still...

I'm not going to derail the thread talking about the relative merits of bitcoin, but this zero-sum attitude is the same held by those eco-terrorists that attacked Giga Berlin last week. Crypto, AI, and EVs are all disruptive revolutions which have the ability to massively increase the quality...

lol, Tesla would be nearly a billion dollars richer today if they hadn't sold 75% of their bitcoin in 2022. They should be buying more bitcoin right now.

For perspective, the gold ETFs have been around 20 years and have a total market cap around $100 million. Bitcoin ETFs did that in two months. Gold went on an 8-year bull run after gold ETFs launched in 2004.

I think I may have been hasty in doubting this theory. I just reduced my own 401k TSLA position to add to my FBTC. (sorry everyone) While I still think retail isn't big enough to move prices, I wonder if some big money is starting to rotate into BTC. NVDA and other Mag 7 will be affected as...

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Head of investor relations at Tesla on board with advertising. Halle-freaking-lujah!

R2 looks fantastic… a little too fantastic. $45k for 300mi range base model is something they need to put in customer hands before I can believe it. Unless they are planning on selling each of these at a $40k loss like the R1.

I know we have a few technical analysis people here. I know nothing about TA but I have found these videos very helpful. I went back and watched some older videos to see how they played out and he has been quite accurate.

Fantastic overview of major milestones in bitcoin's history. Really puts the current moment into perspective. I recently bought some shares in FBTC, the Fidelity bitcoin ETF, in my retirement account. Just think about that for a minute. Bitcoin has gone mainstream.

Friendly reminder that not only is discussing Elon's politics extremely tired and boring, but it is also against the rules of this thread. Mod: What he said. --ggr

I would imagine heavy TSLA + BTC investors are largely retail (except for Cathie Wood) and are therefore unlikely to have enough weight to really move TSLA prices. But as a retail phenomenon, sure, those investors are looking at their returns and wishing they had more BTC, not more TSLA. That...

Saying Bitcoin is not a useful currency is completely misunderstanding why people hold Bitcoin. It is a store of value, like gold. People hold Bitcoin for the same reasons people hold gold… to protect their hard-earned wealth from being inflated away over time. Simple as that. You can compare...

Awesome, a lot of folks figured this was the next step after the ETF and it has indeed happened. Extremely bullish!

It has the new performance seats, big brakes, and a chin spoiler. That's the new Model 3 Ludicrous, folks! 😍Release should be imminent!

FSD progress is everything at this point. The world (rightly) has AI mania and all the money is going into that black hole.

Interesting anecdote… just for fun, a few weeks ago I requested an offer from Carvana to buy my ‘23 Model 3 RWD, aka the fleet/rental car that flooded the market recently. Carvana offered $24k then. They just emailed me upping the offer to $26,400 Hopefully this means the Hertz dump is over...

And yet when the inevitable correction comes, TSLA will go down with the rest of them. Speaking of a correction, the fear and hype cycle around NVDA earnings this week is an obvious sign that we’re in dangerous territory… when the whole market hinges on the quarterly earnings of one company, or...

Yep, I would have no interest in being a beta-tester for $100k just to get my Cybertruck now. But ~2-3 years from now when they've got the kinks worked out and they're selling them at scale for $60k for the AWD model... well, that weird truck is suddenly going to look awfully pretty to a lot of...

Mercedes L3 has no takers because it only works in very very specific situations. If a L3 system worked for 95% of a typical driver’s needs, it would be hugely successful. We don’t have to have L5 to realize a lot of value. Think about a system that only needed a human driver for unmarked or...

The terms are defined by the SAE, so I’m not sure how they imagine it would be implemented in reality. But it’s not hard for me to imagine a system that will alert you to take over when minimum conditions are not met and then safely pulls you over to the side of the road and parks if you do not...

True, and personally I would be willing to pay quite a bit for a L3 (no supervision) FSD that worked in 95% of situations. I imagine many many others would too.

https://www.notateslaapp.com/news/1920/george-hotz-offers-realistic-perspective-on-autonomous-vehicle-progress Interesting commentary from George Hotz. Aligns with what Karpathy said in that true L5 FSD will require essentially AGI. So expectations that it is right around the corner are likely...

Yes, BTC is a gamble, but investing in a 15 year old company headed by a volatile genius CEO with a history of childhood trauma that’s attempting to disrupt two of the largest industries on earth (energy and autos) while making longshot bets on autonomous driving is definitely NOT a gamble! 😂...

Absolutely there's a lot of BTC/TSLA crossover - software people, nerds, techno-optimists, ornery contrarians. BTC is going to have a much better year than TSLA, I have no doubt about that and will be allocating accordingly.

I understand that you’re joking but I did the math and $7mil divided by 0.5mil US sales would be a $14 discount per car. What a perfect demonstration of how dumb Tesla’s price cuts and refusal to advertise really is.

Exactly. I don’t expect much in 2024 but the outlook for TSLA over the next 5 years is as good as ever. my cost basis is around $210 so I’m not going to lock in a loss when I still believe in the company. Plus, Cathie Wood bought back in recently, and I like the way she invests. 5-10 year time...

I'm also curious about this. We should get the answer soon as aftermarket suppliers get their hands on them.

Thanks for the review. I'm kinda wishing I leased our 2023 RWD now! Also, you sound like a good candidate for a Performance model Highland... which is on the way...:eek:

Did I miss something or is bringing up Elon's tweets and politics fair game now? I understand the mods are volunteers and can't be here all the time but we have some repeat offenders that could use a time out...

My TLDR takeaway of the recent SP crash and drama is that Tesla as a company is doing great. The stock, however, was dramatically overpriced, and investors who bought in too high are now upset with Tesla (the Dan Ives of the world), when they should really be upset at themselves for buying a...

I think folks are reading too much into that statement. I expect they mean larger, more advanced castings. Not as sexy but likely a bigger cost savings and quality improvement than having humanoid robots doing assembly.

Yeah, if you took WholeMars's word for it, FSD has been basically perfect for a year now. (I'm excited to see what other people experience over the coming weeks though.)

One can dream! It would make both Elon and shareholders happy though…

So you're saying TSLA is "just a car company"?

Hooo boy... I don't think this will ultimately be a big deal... classic Elon dramatic negotiating tactics... but on its face, that is a hell of a bait and switch for TSLA shareholders. We bought into a Robotics and AI company, and we get left with a car company!

No way roadster is happening anytime soon.

I could definitely see the X being replaced by a 3-row SUV based on the Cybertruck platform.

I just got the "check in the mail" email as well. Purchased 2/23, applied 4/23, approved 7/23. Not bad! Was not expecting until next year.

That's everyone then. Mazda and Stellantis are still holding out but they don't make any EVs.

The Optimus video is great to see. not aware of any other humanoid bot out there showing that level of refinement. I think a lot of us can agree that Tesla's dominance as a car company, as amazing as that story is and will be, is already priced in. We need to see major progress in other...

I imagine the big story with model 2 is that it will be cast in two pieces and then joined by a structural battery, aka the Matchbox car dream. Wouldn't even need Optimus for most of that.

I don't have a problem with the pricing as we all know Tesla can and will lower them in the future. And as an investor we need the margins. What I do have a problem with is a 340mi max range. For comparison, you can get a Rivian dual-motor with 410mi range for $94k or 352 range for $84k. $80k...

Should be some good buying opportunities tomorrow for the faithful. I'm guessing down 5% or so, maybe more. I'll be holding tight and adding to my couch fund.

Hard to see that 'event' as anything but disappointing. I'm sure the product will prove itself to be great over time, but this will go down as a very lackluster launch compared to the hype leading up to it. It basically just pips the Rivian R1T in range and price - a little cheaper and a little...