Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[TheTalkingMule]

Refreshing to be back to the usual MMD rhythm. How much money must day traders be making off thus stocks volatility? Bazillions!

 

[Nocturnal]

"The NTSB issued recommendations after other Tesla Autopilot crashes and planned to reiterate some of the guidance. Tesla did not respond to requests for comment. The NTSB and NHTSA did not comment ahead of the 1 p.m. meeting."

NTSB plans new safety guidelines in probe of Tesla Autopilot crash

Tesla drivers say they are able to avoid holding the steering wheel for extended periods while using the driver assistance system Autopilot, but the company advises drivers to keep their hands on the wheel and pay attention.

We can thank the selfish idiots who use defeat devices for a lot of this swirl. I still believe Tesla should remove the AP license for any driver caught doing this.

 

[Fact Checking]

what time is the briefing?

This article at Electrek mentions the following times:

WHO: NTSB investigative staff and board members.
WHAT: An open to the public board meeting.
WHERE: NTSB Boardroom and Conference Center, 420 10th St., SW, Washington, DC.
WHEN: Tuesday, Feb. 25, 2020, 9:30 a.m. (EST).​

So it was/is today, and timed at market open.

Edit: or that was the original plan, pushed to 1pm apparently:

"The NTSB and NHTSA did not comment ahead of the 1 p.m. meeting."​

 

[Fact Checking]

We can thank the selfish idiots who use defeat devices for a lot of this swirl. I still believe Tesla should remove the AP license for any driver caught doing this.

That's only the excuse they used - neither Tesla, GM or Ford are responsible for stupid things that owners of their cars do.

This is the excuse used by the NHTSA.

Again, the NHTSA found that the Model X driver in question was playing a mobile game while driving, with the car logging that the driver was distracted for about 30% of the time of the trip, he was warned several times by the car. This is akin to people texting while driving - does the NHTSA start requiring other manufacturers to prevent drivers from doing various stupid things?

 

[dl003]

Weak and hyped longs are like water: you lose them fast when cutting carbs but they come right back once your diet is over. I'm excited to see where TSLA is at its leanest before this virus thing is over. So far its BAF.

 

[Right_Said_Fred]

Wow, what a drop in just two days. It brings us back to... 30 points above the price of the secondary stock offering 1,5 week ago.

 

[mad474]

[email protected]

 

[EVMeister]

Hello old shares, bought you back today at $813. I'm a genius.

Hmm... I sold my first ever shares at $840 yesterday. I had good reasons for wanting that money, although it's not absolute necessity. I'm now tempted to buy them back and pocket the slight profit. I see why trading can be addictive.

 

[JusRelax]

So guys, where's the MSM news regarding notifications to Model Y reservation owners that they can take delivery as early as March 15th?

What? They're not going to report on it? Why?

 

[Nocturnal]

That's only the excuse they used - neither Tesla, GM or Ford are responsible for stupid things that owners of their cars do.

This is the excuse used by the NHTSA.

Again, the NHTSA found that the Model X driver in question was playing a mobile game while driving, with the car logging that the driver was distracted for about 30% of the time of the trip, he was warned several times by the car. This is akin to people texting while driving - does the NHTSA start requiring other manufacturers to prevent drivers from doing various stupid things?

Yes and I'd prefer to not give them an excuse. Those defeat devices are also responsible for people who fall asleep. Eventually that abuse will translate into a system like GM where it watches your eyeballs or requires pressing a button periodically or something stupid.

 

[Fact Checking]

Indeed, the fact is that a driver fiddling around on their phone is far safer doing do while driving a Tesla with AP engaged than any other car.

Of course no-one should be doing so whilst driving, full stop, but that's not the point here.

For example here's this distracted driver who was texting while driving:

Gavin Shoebridge on Twitter​

 

[jerry33]

Yes and I'd prefer to not give them an excuse. Those defeat devices are also responsible for people who fall asleep. Eventually that abuse will translate into a system like GM where it watches your eyeballs or requires pressing a button periodically or something stupid.

Too bad the NHTSA can't figure out that you are much safer doing stupid stuff in a Tesla than you are doing stupid stuff in other cars.

 

[Dan Detweiler]

Montana Skeptic has an insane article on Seeking Derpa about Tesla's 10k. The lack of actual analysis and insane confirmation bias was something to behold. This kind of thing just solidifies in my mind the idea that most fund managers aren't that bright or even well educated in valuation or general business.

Here's what I think of Montana Skeptic...

Dan

 

[Pezpunk]

added 60 more shares at $795.

 

[MTL_HABS1909]

Where are all these buyers we were promised at $799?

 

[copyhacker]

The tricky part is "Who is doing what today". And a meeting doesn't really solve that problem.

My favorite answer to this question was always "Sitting in a meeting. You?"

 

[EVFan888]

Where are all these buyers we were promised at $799?

Sorry already bought the dip at 831 yesterday, running out of the dry powder here

 

[Mike Smith]

All NTSB does is investigations and give non-binding recommendations. In this case they've investigated how Tesla's software worked two years ago, which is useless since it's changed since then. NHTSA knows a lot more about current Autopilot than NTSB does, so they will just ignore the NTSB's recommendations like they did last time. This is a waste of time and nothing will come of it.

 

[JRP3]

"MEDIA ADVISORY: Board meeting for Mountain View, CA, Tesla crash, slated for 9:30 a.m. (EST) Tuesday, Feb. 25, 2020, is postponed to 1 p.m. (EST) Tuesday, Feb. 25, 2020."

NTSB_Newsroom on Twitter

 

[Nocturnal]

All NTSB does is investigations and give non-binding recommendations. In this case they've investigated how Tesla's software worked two years ago, which is useless since it's changed since then. NHTSA knows a lot more about current Autopilot than NTSB does, so they will just ignore the NTSB's recommendations like they did last time. This is a waste of time and nothing will come of it.

IMO the biggest issue is the failure of the CA DOT to fix the barrier. If that barrier had been fixed then this guy would be alive today. It was only a matter of time until somebody crashed into it and died.