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2017 Investor Roundtable:General Discussion

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As a computer systems engineer, I see limited usability in blockchains. It's based on the basic functionality of crytography, and their ancillary services of authentication, authorization, and identification. None of these services addresses [edit] the issue of accidents and liability.

Who's responsible for the clean-up if the pet of a young passenger pees in your FSD car? If the passenger has had too much to drink and pukes all over? Any function/service that needs someone to assume liability, will be a function/service that won't be taken over by blockchains.

Going to need puke and pee sensors in the car then just redirect it to the car wash. Also need an anti sex cam that records any motion in the car to deter people from having to much sex in the car.
 
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No wonder speigal does nothing but cuss on Twitter about Tesla all day. He has literally given up on FUD and just screams profanities all day mixed with terms like fraud, scam and Ponzi. I think he might have been replaced by a really badly programmed chat bot.

Ha, looks like he has got the "Tesla is fraud" edition of the magnetic poetry set on sale, and now is trying to get every penny worth out of it.
 
Going to need puke and pee sensors in the car then just redirect it to the car wash. Also need an anti sex cam that records any motion in the car to deter people from having to much sex in the car.

So that's why MX customers are so excited about the new 7 seat model 2nd row fold down seats!
 
Yes, fair point. If Tesla has a monopoly in the autonomous driving space, they would still be covered. Tesla's small fee in their driverless cars would still be far more appealing than a P2P system which used all other non-autonomous cars.

But if there comes a time where there are 4 or 5 companies with FSD capabilities, Tesla is back at square one because a P2P system can still exist without Tesla's technology. Liability would be given to the other successful autonomous driving companies.

For the record, I do believe Tesla will have some kind of monopoly power in autonomous tech, but this blockchain argument really comes to life if Tesla doesn't.
One other thing to consider is that by the time there are 4-5 companies with mature FSD technology competing in the ride sharing space, would individual car ownership still be the primary source of the ride sharing cars? From a user perspective, if the service is so ubiquitous and one can get a car whenever needed, why own a car and worry about parking/charging? From the car maker perspective, why sell the car and let user collect some of the ride sharing profit, with the car maker still responsible for liability, when you can cut the user out completely and keep all the profit for the whole life of the car?

I can envision, at least in urban setting where population density is high, and space is cramped for each individual to park/charge a car, Tesla can build a parking garage a few miles away from downtown where tons of apartment and office buildings are, any time a user needs a car it can be available in under 5 minutes. The cost of this parking/charging infrastructure would be much lower than individual ownership, both due to the freedom to choose a less expensive location, and also due to economy of scale where Tesla can deploy autonomous tech such as charging robot snakes at a centralized location. For example, there could be robots that can access the interior to cleanup and puke on the seats/floors, not much different from the assembly line robots that can enter via the glass roof for assembly.

In addition to just an Uber-like service, the car maker can also offer a stable lease service. User can sign on for a monthly fee, which covers certain pre-arranged rides, such as morning/evening commute, so a car shows up at your place each work day without you having to call it, so you don't even need to wait at all. You can choose to pay more for a ride all by yourself, or pay less to share with other people that live/work in same places as you.

The possibilities are pretty intriguing to me. Blockchain could be integrated as a part of the infrastructure, not necessarily a competition.
 
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“This is not the first nor the last quarterly Tesla disappointment or miss,” Janus Henderson portfolio manager David Chung told Reuters. “I think longer-term investors like us recognize that we are still early in this sector and this is a truly special company and exceptional CEO.”

https://www.bizjournals.com/sanjose...-stock-fund-manager-short-sellers-profit.html
Looking at these risks, I think they fade more and more into oblivion every day

That could come if the company fails to ramp up Model 3 production, early reviews of the car are bad, or people drop out of the pre-order line.

As the M3 marches forward, with the RC, then with SN1, the uncertainty on ramp dwindles each day; and people are getting more excited as we see more of the car, so obviously the design is working; and there are no signs of significant cancellation so far, or Tesla would show signs of dialing back on parts order, and we would for sure get leaks from suppliers via the FUD-seekers. M3 is at the equivalent of MX ramp in Sep 2015, if not already more mature than that, because the MX FWD issue was still not fully resolved in Sep 2015 and there were rumors related to that, and there doesn't seem to be any significant issues on the M3 now. So even if M3 suffers all the MX issues, its production will be humming along in 9 months, by Q1 2018 at the latest. As a long term investor, waiting 9 months is mouse nuts for a 50-100% annual growth.
 
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