ElectricIAC
Good-Natured Rascal
Thank you for adjusting for inflation.Public Square charging $8 …. I guess it’s like Public Parking Charging $20 to get to the Council Meeting
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Thank you for adjusting for inflation.Public Square charging $8 …. I guess it’s like Public Parking Charging $20 to get to the Council Meeting
Well that happened quick.[Tweeter rant].... TSLA is about to fall below $500B market capitalization. Not only was it a huge pile of wasted/burned TSLA money....
he also keeps making calls and promises which then later turn out to be too ambitious / not achievable..Agreed....and I do think Elon is a fantastic CEO. The Steve Jobs to Tim Cook transition went well to say the least. Of course Apple's products have stagnated. Perhaps with Elon alive, unlike Jobs, innovation would continue with Tesla.
His stupid statements that all Teslas had all of the hardware that was needed for FSD starting in 2016 are literally costing the company money: Tesla ordered to upgrade self-driving computer for free due to 'false advertising'he also keeps making calls and promises which then later turn out to be too ambitious / not achievable..
take FSD for example - it's still in Beta and regulatory wise a L2 system. not even hands-free (...) Yet Elon proudly proclaimed ~ a year ago that radar not needed and it's vision only! Now we learn that Tesla is filing paperwork to bring back a 4D radar unit for 2023+ production. Add this on top of HW upgrades needed for current FSD Beta and then realize that maybe radar is needed for the next stage of FSD and it's one big mess....
What gives you the idea that Optimus development is burning meaningful amounts of cash? I'd think it's a relatively small team leveraging their existing AI and motor/inverter/battery tech.
Yeah, I think a lot less people holding TSLA would care if stock was above $300 (recent peaks before Twitter purchase went through). Now it's almost half that. While for GM they can still hit close to the previous peaks in the $40s.Have you even seen the TSLA action lately ?
Unfortunately - that sounds right. He can continue as chief product officer and let someone else be CEO. But I'm not sure that would ever work because of Musk's character - can he ever be hands off ?Setting aside all of these Twitter shenanagins I actually do think Tesla would be better off with a different CEO.
Unfortunately - that sounds right. He can continue as chief product officer and let someone else be CEO. But I'm not sure that would ever work because of Musk's character - can he ever be hands off ?
Over at the "options thread" - lot of people hurting badly. People capitulating to repair their accounts. I don't see an end to this mess. This is what I wrote there ...
We had a similar situation in 2018 after taking private tweet and SEC lawsuit.That was easy to fix .... Elon settled with SEC.Wheres the fix now ?
It's all about AI, which Tesla is already working on.Their aggressive timetable and goals. This is not a product that can succeed with half measures.
Which is why simply buying shares with cash you don't need is the way to go in most circumstances.I think the problem with investing has always been the markets can be irrational longer than one can remain solvent. Tesla maybe a good buy now at these levels (I don't know), but similar to the financial crash of 2008 or the .com tech crash, markets can over stretch longer/deeper on the up or down side.
At least we should have more visibility at least on Twitter's health in a year or 2.
Elon skipped that step ... and went full alt-right.
This is a tough thing. He is surely responsible for some pretty amazing directions... the list is long, but megacasting and various other measures to streamline production...some great decisions on pursing M3 and MY....focussing on performance as a way to win over people who weren’t driven entirely by green concerns.... Ignoring Twitter Elon and looking at Engineer Elon, he is doing/has done huge, huge important things.His stupid statements that all Teslas had all of the hardware that was needed for FSD starting in 2016 are literally costing the company money: Tesla ordered to upgrade self-driving computer for free due to 'false advertising'
As I said, the guy is quickly becoming a huge liability because he can't keep his mouth shut and the board needs to remove him. If they think he has something to contribute to the technology aspect of Tesla then they should make him CTO and order him to keep his mouth shut about future features until those features become public knowledge.
His stupid statements that all Teslas had all of the hardware that was needed for FSD starting in 2016 are literally costing the company money: Tesla ordered to upgrade self-driving computer for free due to 'false advertising'
It’s not just Elon and Twitter, and may not be much of that. For now, anyway.Yeah, I think a lot less people holding TSLA would care if stock was above $300 (recent peaks before Twitter purchase went through). Now it's almost half that. While for GM they can still hit close to the previous peaks in the $40s.
I just checked the 6 month for the automakers that make major EVs:
Tesla -26.2%
GM +19.8%
Ford +13.7%
VW -3.7%
Hyundai -0.8%
If in the next 6 months TSLA returns to over $300 maybe people will believe Twitter had no impact.
There’s always a Tweet!Electrek - good for clickbaits. They buried the real story ...
Jordan challenged that charge in the small claims court.Tesla ended up not showing up to defend itself, so Jordan won.
Very common for companies to not bother about small claims.There’s always a Tweet!