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

[BOBTHEJOCKEY]

SP up to $263.75, it's happening!!!

Nothing on the TV YET. I think a lot of people are writing. I missed about half of it because of work.

 

[Pezpunk]

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

yeah on the CHEAPEST cars. not for the Roadster, obviously. probably not for the high end vehicles of other models either (P100D, and performance 3's).

 

[Mich]

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?

The question is how the revenue split between the car owner and tesla is.

 

[RobStark]

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.)

No, he said the current price of Uber/Lyft is $2-3/mile.

He said Tesla would charge something like a $1/mile.

 

[dww12]

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 said neutral until robotaxi deployment in 2 years.

 

[Dynastar]

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?

I think Elon and his questioner were talking past each other on that question. Tesla is happy for you to spend your money buying a mini-fleet of Teslas and running them on the Tesla Network, they'll be pocketing the 25% thank you very much. You just won't be able to run them on your own rental network.

 

[Sean Wagner]

UPDATE:

I peed.

I tried summoning the potty. What a relief, I'm just young enough to manage.

This was very instructive. Best parts are when Elon shoots out an answer that leaves everyone flatfooted.
Like - how much, ballpark, is Tesla currently spending on autonomy: everything.

I learned a lot.

 

[andrewt3000]

The question is how the revenue split between the car owner and tesla is.

he said something like... tesla would take 20 or 30 percent...

 

[Tslynk67]

Nothing on the TV YET. I think a lot of people are writing. I missed about half of it because of work.

I think a lot of people are trying to work out what to write... That was super-dense stuff.

 

[carterm2]

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, only on the Tesla Network... It will be a node on only the Tesla Network.. Uber, Lyft, or any other franchise would be left out of the opportunity. Likely there would be a limit, say 5-10 cars per operator...

 

[ricohman]

Its a car burning. Big deal.

 

[TheMrX]

Now the big question is : who exactly was in the audience?

Adam Jonas
Gali
Tasha

And ????

Or, more precisely : who was in the audience that had the competence to digest any significant technological advantages that were presented and is at the same time responsible to give the ''OK buy more stock, massively!''?

 

[Anstandswauwau]

The question is how the revenue split between the car owner and tesla is.

25/75 revenue split IIRC

 

[KSilver2000]

Yes, but Level 5 in terms of you can fall asleep in Q22020.

What?

Are there different levels within level 5?

 

[BestRadar]

What I wanted to see was the actual FSD demonstrations but I guess they decided not to make that public?

 

[MP3Mike]

Nothing on the TV YET. I think a lot of people are writing. I missed about half of it because of work.

They still have to take their test ride/drive. And who knows how many cars they have going out at a time.

 

[RobStark]

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.

1) Race tracks.

2) Prestige of being driven in an expensive car.

3) Long time IMO before people are banned from driving anyway. A lot of voters have cars with steering wheels.

 

[humbaba]

The question is how the revenue split between the car owner and tesla is.

He said something like 25/75 or 30/70 (he put it at as the portion Tesla would keep, ~25%).

 

[wipster]

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.

Would be interesting to see what would happen if you had an M3 BMW with a great human driver and a model 3 performance Tesla without a driver compete on a racetrack. Kind of like Deep Blue and a human playing chess.

Place your bets!

 

[dww12]

No, he said the current price of Uber/Lyft is $2-3/mile.

He said something Tesla would charge something like a $1/mile.

Yeah that’s nuts. I think Uber/Lyft is the botom price, not the top. Who would you prefer to pick you up, empty Tesla or rando Uber?