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

[Tslynk67]

UPDATE:

I peed.

I put some more beers in the freezer... and drunk them. Pees to come...

 

[Mars ☰mperor]

"Hi, Elon. Adam Jonas here"

yeah a stupid question as expected

 

[tinm]

One problem I have: why build the 2020 Roadster if the future is people not driving cars? Is the 2020 Roadster a horse just waiting to happen?

If the future is cars without steering wheels, why bother with Roadster, which seems like the "Ultimate Driving Machine" that out-BMWs BMW. But if the future is cars self-driving themselves, any Performance Tesla vehicle no longer makes sense, does it?

Sure, you could tap a setting and turn on "aggressive race car mode" but what's the fun in that if you are not in control of the vehicle? It's just a video game at that point.

 

[ZsoZso]

Please enjoy the drives!

- I don 't think we will see any of that...

 

[LordAstinus]

One problem I have: why build the 2020 Roadster if the future is people not driving cars? Is the 2020 Roadster a horse just waiting to happen?

If the future is cars without steering wheels, why bother with Roadster, which seems like the "Ultimate Driving Machine" that out-BMWs BMW. But if the future is cars self-driving themselves, any Performance Tesla vehicle no longer makes sense, does it?

Branding. It doesn't affect the bottom line.

 

[Pezpunk]

One problem I have: why build the 2020 Roadster if the future is people not driving cars? Is the 2020 Roadster a horse just waiting to happen?

If the future is cars without steering wheels, why bother with Roadster, which seems like the "Ultimate Driving Machine" that out-BMWs BMW. But if the future is cars self-driving themselves, any Performance Tesla vehicle no longer makes sense, does it?

the Roadster isn't for transportation. it's for sport and recreation.

we do still have horses, you know.

 

[azaz]

I don’t get Elon stating these really aggressive timelines. I know Elon genuinely believes them but there is nothing to be lost by just saying something super conservative


Like if Tesla achieves FSD in 4 years yeah they’ll miss Elon’s timeline and be lambasted for it but it’ll probably still be years before anyone else

 

[carterm2]

Umm... so did he say that Tesla was not going to make any money until the robotaxi thing can start?
That's what I heard... Sounds like a change to the business model to me ...

 

[ZachF]

No he said the cost to hire a robotaxi would be $2-3/mile. But the robotaki operator is only paying $0.18/mile. ($0.36 if you cant that only half of the miles are productive.)

I could see that at first (probably priced based on local demand), as long as it's significantly cheaper than Uber/Lyft, but it needs to be much less than that if widespread adoption is to occur.

 

[Ovulation]

One problem I have: why build the 2020 Roadster if the future is people not driving cars? Is the 2020 Roadster a horse just waiting to happen?

If the future is cars without steering wheels, why bother with Roadster, which seems like the "Ultimate Driving Machine" that out-BMWs BMW. But if the future is cars self-driving themselves, any Performance Tesla vehicle no longer makes sense, does it?

Sure, you could tap a setting and turn on "aggressive race car mode" but what's the fun in that if you are not in control of the vehicle? It's just a video game at that point.

Those high end cars are for big manufacturer always marketing, and the roadster seems particular well suited for that, I personally would question more the pickup,

 

[Scuttlebutt]

Looks like Elon is betting the farm on self-driving. As far as owner cars in the Tesla fleet it was a bit confusing. So, I CAN purchase 3-4 cars and just run them on the Network? is that correct? Gross Revenue per car is approx 30K/Yr...is that what I heard?

 

[andrewt3000]

Umm... so did he say that Tesla was not going to make any money until the robotaxi thing can start?
That's what I heard... Sounds like a change to the business model to me ...

He did say they would be cash flow neutral.

 

[anthonyj]

Umm... so did he say that Tesla was not going to make any money until the robotaxi thing can start?
That's what I heard... Sounds like a change to the business model to me ...

Yes. Screw profits. Back to hypergrowth. Wall Street didn't appreciate a profitable Tesla anyway

 

[Remus]

One problem I have: why build the 2020 Roadster if the future is people not driving cars? Is the 2020 Roadster a horse just waiting to happen?

If the future is cars without steering wheels, why bother with Roadster, which seems like the "Ultimate Driving Machine" that out-BMWs BMW. But if the future is cars self-driving themselves, any Performance Tesla vehicle no longer makes sense, does it?

Sure, you could tap a setting and turn on "aggressive race car mode" but what's the fun in that if you are not in control of the vehicle? It's just a video game at that point.

they said they are building self driving cars, they didn't say they will forbit people from driving them exclusively.

 

[MarcusMaximus]

Looks like Elon is betting the farm on self-driving. As far as owner cars in the Tesla fleet it was a bit confusing. So, I CAN purchase 3-4 cars and just run them on the Network? is that correct? Gross Revenue per car is approx 30K/Yr...is that what I heard?

Yes, yes and yes.

 

[ZsoZso]

My overall impression:
- lots of technical (geeky) information about hardware, NN, software
- very little data/info in the form of digestable by finance types
=> this will take a LOOOONG time to morph into any positive effect on the SP

Elon sounds kinda upset that people don't get that it is stupid to buy any other car than a Tesla => demand problem kinda confirmed ?

 

[Mars ☰mperor]

I don’t get Elon stating these really aggressive timelines. I know Elon genuinely believes them but there is nothing to be lost by just saying something super conservative


Like if Tesla achieves FSD in 4 years yeah they’ll miss Elon’s timeline and be lambasted for it but it’ll probably still be years before anyone else

Elon says what he thinks.
He is straightforward and genuine as always.
Why so surprised about this?

 

[jerry33]

No system is perfect. Idiot management is with us always. I did not work in auto service. I’ve worked in service/support structures under manufacturing, under marketing and under quality. Pluses and minuses with all.

But really important is to have an independent customer satisfaction survey at a high level. Customer satisfaction should drive service as well as other goals just like any responsive business.

It certainly should, but I've noticed that if I fill in a less than complementary survey, I never get another survey from that dealer. I assume from this that the dealers don't actually care about anything but showing perfect ratings to the manufacturer.

 

[tinm]

they said they are building self driving cars, they didn't say they will forbit people from driving them exclusively.

Well Elon made a pretty big point about the steering wheel and pedals going away pretty soon (2-3 years!?)

 

[Anstandswauwau]

I don’t get Elon stating these really aggressive timelines. I know Elon genuinely believes them but there is nothing to be lost by just saying something super conservative


Like if Tesla achieves FSD in 4 years yeah they’ll miss Elon’s timeline and be lambasted for it but it’ll probably still be years before anyone else

"What's the difference between between Tesla's NN and its CEO?

Only one of those things learns from its mistakes."

Just joking, guys!