A few more days like this and we'll be talking. We're almost back to where we were on wednesday... 
(Glad to finally see a green day, though.)
(Glad to finally see a green day, though.)
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You have a point.
What impresses me about this is that right now Tesla and BYD are the serious competitors. That's *two companies worldwide*. During the heyday of the ICE automobile business, we had the "Big Three". There is room for more than two major companies. The extreme shortage of competition is very good for Tesla.
Well, those weekly 195 calls I bought at Friday's close are looking like a good idea so far. Up over 100%. I never seem to time my short term options correctly so I wanted to get on record showing that it's possible! Assuming I don't hold it as it slams down below 195 for some other reason...
PaulRocket
Member
I'm playing "I Feel Good" by James Brown for the last hour. SCTY also up nicely.A few more days like this and we'll be talking. We're almost back to where we were on wednesday...
(Glad to finally see a green day, though.)
The fact that Chris Urmson left Google is not a good sign for Google's autonomous project. Although I expected Google's project to fail at some point, Chris's move indicates Google's project will reboot soon, just like Apple did. (and Volvo too, my speculation).
Why? imagine if Google's project is going smoothly as planned, Chris would be treated like a hero. Why would he leave? The most likely scenario is that they found out their current approach has hit a wall. The interesting part is Google's new project lead is now talking about 20~25 years, that tells me they still don't have the right approach. If their system has to learn city by city, street by street, that's not the right approach.
Tesla is leading the pack, and based on the available information, all other approaches will hit a wall sooner or later. Autonomous driving is tricky. If your approach is not right, you may quickly get 95% working, then push hard for another 3%. But you will never get a fully working system.
Another system said they look at the skyline to determine the location of the car, (that's why bridges are so hard for their system), I can tell that system will not work either.
Just my thought/speculation, please do not use this as facts for investment.
Why? imagine if Google's project is going smoothly as planned, Chris would be treated like a hero. Why would he leave? The most likely scenario is that they found out their current approach has hit a wall. The interesting part is Google's new project lead is now talking about 20~25 years, that tells me they still don't have the right approach. If their system has to learn city by city, street by street, that's not the right approach.
Tesla is leading the pack, and based on the available information, all other approaches will hit a wall sooner or later. Autonomous driving is tricky. If your approach is not right, you may quickly get 95% working, then push hard for another 3%. But you will never get a fully working system.
Another system said they look at the skyline to determine the location of the car, (that's why bridges are so hard for their system), I can tell that system will not work either.
Just my thought/speculation, please do not use this as facts for investment.
Yeah, I'm feeling less nervous about my SCTY shares right now. The drop never seemed to end.
CALGARYARSENAL
Member
Arguably, Tesla would benefit from an extended period at Level 3. It has been one of the few that is actually getting paid for the features.
andrerodpt
Member
racer26
Active Member
The most common locales I've noticed for the horizontal orientation lights is hurricane prone areas (because the whole length of the light fixture can be supported and strongbacked by the pole its mounted on). In my experience, red is generally to the left, but that might be different in different areas.
OK, this quote concerns me:
"Michael Ballaban – Jalopnik
Hey Elon, thanks for taking this question. Yesterday you tweeted that it had been an unusually difficult couple of weeks. Was that just a reference to the SpaceX launch pad fire or was there something else going on?
Elon Musk – Tesla CEO
It’s just been a lot. We are still getting a lot of flak for the whole SolarCity thing which I think is unreasonable and you know, there’s a lot effort on the Autopilot, on the Model 3 development and getting the factory for the Model 3, and then the rocket exploding… [pause] … the worst few weeks ever really."
Hopefully I'm reading too much into this, but I see 2 potential issues here:
1. Elon has been speaking to TSLA/SCTY institutional investors and support for the deal is breaking down. I know he doesn't care about general media (which is always negative) so I think the only way the SCTY deal could weigh on him and contribute to the "worst weeks ever" is that there's a fundamental issue with the deal.
2. Heightened risk of Model 3 delay. The mention of the Model 3 dev/factory updates contributing to the worst weeks ever makes me nervous. It could of course be anything and a delay wouldn't break the company or anything, but it would have some short term impact if any developments are significant enough to report.
"Michael Ballaban – Jalopnik
Hey Elon, thanks for taking this question. Yesterday you tweeted that it had been an unusually difficult couple of weeks. Was that just a reference to the SpaceX launch pad fire or was there something else going on?
Elon Musk – Tesla CEO
It’s just been a lot. We are still getting a lot of flak for the whole SolarCity thing which I think is unreasonable and you know, there’s a lot effort on the Autopilot, on the Model 3 development and getting the factory for the Model 3, and then the rocket exploding… [pause] … the worst few weeks ever really."
Hopefully I'm reading too much into this, but I see 2 potential issues here:
1. Elon has been speaking to TSLA/SCTY institutional investors and support for the deal is breaking down. I know he doesn't care about general media (which is always negative) so I think the only way the SCTY deal could weigh on him and contribute to the "worst weeks ever" is that there's a fundamental issue with the deal.
2. Heightened risk of Model 3 delay. The mention of the Model 3 dev/factory updates contributing to the worst weeks ever makes me nervous. It could of course be anything and a delay wouldn't break the company or anything, but it would have some short term impact if any developments are significant enough to report.
Transcript: Elon Musk’s press conference about Tesla Autopilot under v8.0 update [Part 1]
They are releasing the transcript in sections.
racer26
Active Member
Chevrolet to announce Bolt’s official EV range tomorrow, teaser on Facebook today (Poll)
Looks like Chevy is going to give us an actual number tomorrow.
I predicted almost a month ago, using physics, that it will not exceed 227mi of real-world range.
I suspect for marketing reasons, GM will want to claim a range between 215 and 220, to say they're better than Model 3's 215.
Looks like Chevy is going to give us an actual number tomorrow.
I predicted almost a month ago, using physics, that it will not exceed 227mi of real-world range.
I suspect for marketing reasons, GM will want to claim a range between 215 and 220, to say they're better than Model 3's 215.
I don't believe that is correct. For one thing, they can't execute if they're not in the money, yet they still have time value. For another, you might not have the cash to execute them even if they are in the money, and the brokerage only gets to make that decision when they expire; even then you can tell the brokerage not to execute.
My understanding of what happens is that they convert to weird TSLA LEAPS at the same 0.11 ratio, which means there will be a bunch of new options created that only apply to lots of 11 shares, at the corresponding strike price, same expiration dates. They will be difficult to trade because people won't generally want to buy them and there won't be all that many of them compared to normal TSLA options contracts.
Yes, this is all correct. In the scenario originally postulated, someone was talking about a synthetic long (long call and short put at the same strike price and same expiration date). They would become thinly traded. At expiration, either one or the other would execute, pretty much guaranteed, and you'd end up with stock. Assuming you had put aside enough money to buy the stock (which you should have).
Good observation but I think your worries are a bit stretched. If they are still in any predicament that is serious, they wouldn't disclose it unless as required by disclosure norms. If it were so, they would do it carefully worded statements at the right time, not as a casual response to a question.
I interpret this way: They had faced some tough problems as listed, but they mostly overcame those or atleast mitigated them enough so that Elon can talk about them as a reflection of the troubles they went through.
To me, the biggest story over the weekend is not autopilot update, it's Apple scrapped the plan to build its own car Apple's Mythical Car Stalls, Stripped For Parts
No other brands/competitors other than Apple IMHO can win the rivalry with Tesla in making EVs. With its most credible competitor gone, Tesla will for sure become a trillion dollar company as EM has envisioned in next 10 years.
No other brands/competitors other than Apple IMHO can win the rivalry with Tesla in making EVs. With its most credible competitor gone, Tesla will for sure become a trillion dollar company as EM has envisioned in next 10 years.
I was a bit shocked by the news of trouble in both Google and Apple's "self driving car" programs. I think this gives Tesla a genuine advantage in autonomy; I wasn't sure about that before, but now that everyone else is tripping over their own feet...
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