I really like the email I received from ARK Thursday where they sold many other stocks positions to buy TSLA.
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That seems like a missed opportunity to simplify production and leverage part commonality. Does a robotaxi need a drastically different configuration than a smaller passenger vehicle?Elon at Cyber Rodeo:
Key word there is "dedicated".
From the Q1 call:
A dedicated robotaxi platform would not just be a regular passenger vehicle form with the pedals and wheel removed.
A dedicated robotaxi platform would not just be a regular passenger vehicle form with the pedals and wheel removed.
Some people are saying the Musk Foundation has over 5.7B(which were shares transferred over this year). However I feel like realizing those shares into cash is still a sell of Tsla stocks.Let's hope Gary heard right!
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On Twitter Gary Black says "We heard from new potential 3P equity sources that the deal will close Friday." In a Twitter Elon context.
What I find astounding is not that it's spicy, it's hearing people seriously debate whether analysts have ulterior motives or not. Every self-respecting investor for over 3 decades knows they do, it's not up for debate. It's incredibly naive to think they get paid hundreds of thousands of dollars for their "research and analysis" and then just publish it far and wide for everyone to use for free. Everyone but the most gullible knows that brokerage analysts are just one more tool to get you to part with your money.
If you let the stated opinions of brokerage analysts influence you in any way (other than as a contrarian influence), then you deserve whatever comes your way. No one is paying them to help Joe Public Investor and it didn't take me long to learn this shortly after I started following the markets over 30 years ago. I thought almost everyone knew that.
Because the Chinese manufacturers were likely planning on sourcing most of their materials from their established Chinese supply chains. It's very likely without big changes to their supply chain cars made with their US made cells wouldn't qualify for the IRA rebates. That means someone like Panasonic and Tesla who are far less reliant on a Chinese supply chain have a big head start.
...
Since the requirements only get tougher over the years they wound eventually need to build out a parallel supply chain for US buyers. I'm sure their original plan involved building a cell factory and leaving anode and/ or cathode production in China. This is no longer feasible. At the very least, it's a reset.
That doesn't mean that the Robotaxi is the only Gen 3 vechicle.
FSD needs regulatory approval
Gee, even MY son hasn’t two in-house chauffeurs.Pretty much the same with driving license. I don’t think my younger kids will ever need to learn to drive.
That's pretty much what I meant. The skateboard chassis and powertrain will probably be mostly the same. I was just saying the cabin and exterior are not likely to just be the same thing as the compact car with the wheel and pedals deleted.Sure the Robotaxi might not be the exact same car as the 30K compact Tesla with just the pedals/steering wheel removed, BUT I do believe they will both be the same Gen 3 platform. Basically the same car underneath but with changes above the chassis.
From a high volume manufacturing point of view it makes extreme sense to make the RT and the 30K cars nearly identical. This would greatly leverage costs and efficiencies, both of which Elon has repeatedly stated they will be doing for Gen 3. In order to make an EV at half the cost of the 3 & Y you truly need to leverage every advantage possible, and designing Gen 3 to be a common multi-purpose high volume platform would be very logical.
So, in essence, I agree a little bit but mostly disagree with you statement above. I do feel the RT and 330K cars will be 90% identical.
Part 3 is gonna be more scandalous just based on the preview and we know some of Musk's critics haven't showed up. I don't even know what is going to come out of Elon's father's mouth.OT (but it is Saturday after all)
Well after setting up Nord VPN on my phone, I was able to stream "The Elon Musk Show" on the BBC last night. Watched the first two episodes and all I can say is Wow! Very informative and non-biased documentary about Elon's life, shown for the most part in chronological order. With interviews from former employees, his first two wives, and his mother Maye, it's a great insight of why Elon acts and thinks the way he does. What really struck me and is staying with me is Elon's composure in the face of adversity, when people he idolized turn against him, and when faced with extreme FUD (remember the early fire crisis with the S?). Frankly I don't know how he does it, I'd be screaming, pulling my hair out, and calling folks every expletive in the book!
Anyway, I very highly recommend this 3 part series. I thought I knew a lot about Elon, but not as much as I thought. I'm planning on watching the third and final episode in the series today and I'm really looking forward to it! While I streamed it, it is readily available on YouTube as well. Definitely worth your time!
Hands off non-geofenced but still requires a safety driver is actually not part of any of the Level of autonomy. This I think does need some kind of approval for mass release. And like you said, many states doesn't need regulatory approval, but that also means geofencing(FSD Beta wide release only going to states without regulatory approval) which is not Tesla's intent.Agreed.... as noted it'd make drastically more sense to have the "small euro car" on the same platform.. the "dedicated" talk sounds a lot like Elon again being overly optimistic on wen L5.
We've covered this a fair bit in the past.
FSD doesn't need regulatory approval in at over half a dozen US states. If Tesla had it working, it'd be legal to deploy today in those states with no further approvals needed. Including in most cases in commercial and ridesharing fleets.
Those states combined have almost 30% of the population of the entire US in them.
So for the initial ramp anyway there'd be tons and tons of places to send those cars and not need to wait on anything other than the fact Tesla doesn't actually have a working RT system yet.
It's that last part is why it makes no sense to starting building a factory for a dedicated platform for something that doesn't yet exist and the company has routinely been wrong about predicting when it will exist.
Apparently more than others I've got faith in Teslas design and engineering that they can build a car with a steering wheel and pedals for the small model and then, if/when needed, make relatively minor manufacturing changes to produce cheap RTs on that platform when they actually have a working L5 system.
I'd add that the place "regulators" much more come into play is outside the US.... Inside as mentioned nearly 1/3rd the US population already has approved L5 if the thing existed... and once deployed there and working safely I expect the rest of the US to follow suit quickly in allowing it.
It's China and especially the EU where you're going to have regulatory hurdles--- Even the current L2 non-FSD system is semi crippled by regulation there, let alone anything more advanced... and the EU in particular is where you need a small vehicle sooner rather than later anyway, so making one you can actually sell/deliver without waiting on L5 to exist makes a lot more sense.
And while we're discussing smaller vehicles that can share a platform... I kinda wonder if they could do one that could be shared to produce BOTH:
Some sort of smallish van/local delivery vehicle/people mover- which would also be useful for RT someday and for boring tunnels to hold more people
AND
A smaller pickup since the CT is too big for EU
White is actually the most preferred color for any car because it's easy to keep clean, provides stark contrast against dark asphalt, doesn't go out of style, conceal scratches and dents, it doesn't absorb sunlight, and it's most likely the free color.Weekend OT:
Base free color should be “random”, Tesla can deliver whichever they have on the lot, and we don’t get that many white ones around.
Win-win, also, delivery day gets more existing, “which color will I get?”
OK, you're cherry-pick two positives and one potential, although I don't consider "bought millions of shares" much of an accolade, nice but so what? Didn't see much else from either since then. What about, for instance, Wilson-Thompson? I never saw anything from her except selling off her free shares, $52M the last two years, what does she do?Larry Elison bought millions of TSLA shares after he joined the Board. Tell us what value Hiro Mizuno brought to the Aug 2020 share dividend and cap raise? Now tell us how the Founder of AirBnB will affect the rollout of the Tesla Network / Robotaxi?
This arrogant, snobby response is very old and boring. Sure, option traders indeed have nothing to complain about, I agree. But what about those holding long for some time that need to sell now for some reason or another, how fair is it on them?Options gamblers, maybe. Actual TSLA shareholders haven't been harmed unless they sold. Maybe the SEC can fix that for them?
I still own every single one of my TSLA shares. In fact, many TSLA long investors now have more TSLA shares than after AI Day 2.