So, just to confirm, the narrative here is that Tesla killed someone else with autopilot and now they are going bankrupt twice as fast because Elon said so in his email? Am I correct?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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j6Lpi429@3j
Closed
I don't see the email in the same light as others do. I find that when i read stuff written by elon, that I share a lot of his attitude to money, efficiency and so on. (sadly not quite the success though 
)
In my own business, I am super obsessed with efficiency too. I HATE to think I have wasted money, or have done something inefficiently, or could have sold more, or reached more people, and that sloppiness on my part has led to such a failure. I have effectively 1 other employee, and obsessing about deadlines and production with even this number drives me INSANE, and its not like my employee is lazy in any way.
The fact that my biz is doing well and I DEFINITELY do not need to to squeeze my own efficiency in this way, or obsess about it, is kinda irrelevant. its like optimization OCD and I cannot turn it off. My main products tagline is 'Efficiency is everything'
So anyway... I think I understand...
Elon has THOUSANDS of people working for him, with hundreds of processes, over multiple companies, and it probably drives him INSANE that he cannot be doing it all, and being as hyper-optimised as possible. He likely feels like a parent with 10,000 children looking on in horror at what they do and how they do it.
..plus...
he has tasted near bankruptcy before, many times, and knows how awful it is, and is likely a bit over-protective and paranoid. I totally understand this. I worry about my company's sales when all my friends think I'm nuts to worry. its just the way some people are.
I have zero worries about TSLA ever going bankrupt, unless 2 freak asteroid collisions take out both fremont and GF1. Even then I suspect GF3 would just pick up and do things anyway. Don't worry about the company with a much-lauded breakthrough product that still obsesses about efficiency. Worry about the lumbering dinosaurs with last century tech who have forgotten how to spell the word.
Current SP is total loony toons. Eventually people with calmer minds will realize that. probably when their neighbours start parking M3s in their driveways. Dont forget every buyer is also a potential stock buyer.
)In my own business, I am super obsessed with efficiency too. I HATE to think I have wasted money, or have done something inefficiently, or could have sold more, or reached more people, and that sloppiness on my part has led to such a failure. I have effectively 1 other employee, and obsessing about deadlines and production with even this number drives me INSANE, and its not like my employee is lazy in any way.
The fact that my biz is doing well and I DEFINITELY do not need to to squeeze my own efficiency in this way, or obsess about it, is kinda irrelevant. its like optimization OCD and I cannot turn it off. My main products tagline is 'Efficiency is everything'
So anyway... I think I understand...
Elon has THOUSANDS of people working for him, with hundreds of processes, over multiple companies, and it probably drives him INSANE that he cannot be doing it all, and being as hyper-optimised as possible. He likely feels like a parent with 10,000 children looking on in horror at what they do and how they do it.
..plus...
he has tasted near bankruptcy before, many times, and knows how awful it is, and is likely a bit over-protective and paranoid. I totally understand this. I worry about my company's sales when all my friends think I'm nuts to worry. its just the way some people are.
I have zero worries about TSLA ever going bankrupt, unless 2 freak asteroid collisions take out both fremont and GF1. Even then I suspect GF3 would just pick up and do things anyway. Don't worry about the company with a much-lauded breakthrough product that still obsesses about efficiency. Worry about the lumbering dinosaurs with last century tech who have forgotten how to spell the word.
Current SP is total loony toons. Eventually people with calmer minds will realize that. probably when their neighbours start parking M3s in their driveways. Dont forget every buyer is also a potential stock buyer.
Good for you! Then why are you coming here to try to depress others?
j6Lpi429@3j
Closed
real story here is that the US should copy Europe and have those side collision bars to prevent EXACTLY this sort of accident.
voip-ninja
Give me some sugar baby
Ah yes, anyone who is not a cheerleader is "here to depress others". Maybe you're the one who needs cheering up.
I'm here because TSLA stock price is cratering and institutional investors are dumping the stock. I do have a bit of interest that the very expensive car I bought would be affected if TSLA got into real serious financial trouble but I'm cautiously optimistic that it won't come to that. I have multiple issues with my car that TSLA have failed to address and if they get into real trouble those issues will never be addressed.
Am I as optimistic as the legion of koolaid drinkers around here? Nope... I'm a realist.
Don't panic all markets are down example : NIO -2.3% F -0.8% GM -1.50
It's all de fault of Trump and China -> China is a big futur market for Tesla !
It's all de fault of Trump and China -> China is a big futur market for Tesla !
JohnDinger
Member
Reflecting on today's stock price and some of the posters here, I think it'd be a good reminder to say that most of Wall Street isn't trading for 10x companies.
Venture Capitalists and Growth Funds play for those style of companies and risk profiles.
But institutions on Wall Street are elated to take reliable 20-30% growth.
Elon's email is so concerning because it focuses on costs. Companies that focus on costs generally aren't going to hit the same growth profiles.
Venture Capitalists and Growth Funds play for those style of companies and risk profiles.
But institutions on Wall Street are elated to take reliable 20-30% growth.
Elon's email is so concerning because it focuses on costs. Companies that focus on costs generally aren't going to hit the same growth profiles.
No.. You are just as dramatic with the “boat anchor” nonsense.
we also need tesla semi fast so some truck drivers aren't carelessly cutting in front of traffic at intersections like that. Same thing would have happened no matter what car this poor guy was driving.
Pras
Member
As much as we are worried that Tesla operation is falling off, the biggest issue is that the investors have just gone hiding. The reason is that Tesla’s problem are mostly self made and investor don’t like it. Q1 mishaps, claiming that we will be gaap positive, 1million robotaxi (I mean why do you have to forecast an exact time and number when you are so far off).
At this point the morale of the employees must be so low. Not good.
I think the TD Rowe issue is an indicator that Elon lost any cred as a sound investment option. So for Elon staying quiet is a good thing.
I am still holding with huge losses. Hoping for some white knight to come and rescue the stock.
At this point the morale of the employees must be so low. Not good.
I think the TD Rowe issue is an indicator that Elon lost any cred as a sound investment option. So for Elon staying quiet is a good thing.
I am still holding with huge losses. Hoping for some white knight to come and rescue the stock.
Mars and robotaxis are Fantasia for now.
Panasonic battery production lagging is not helping model 3 sales.
At this late stage that seems absurd.
New S and X versions not yet shipping is another huge negative,
2 sales limiting factors for this quarter, until they are fixed there
Is no profitability.
Panasonic battery production lagging is not helping model 3 sales.
At this late stage that seems absurd.
New S and X versions not yet shipping is another huge negative,
2 sales limiting factors for this quarter, until they are fixed there
Is no profitability.
I would agree with you if the only difference was that the car involved was a Tesla. However, the main (and legitimate) issue here is that the Tesla was driven in Autopilot mode.
Now, we can debate on whether that caused the driver to not pay attention, and whether Tesla is legally responsible for what happened considering it is advertising AP as a driving assist and not an autonomous driving system (it is not legally responsible), but there are some facts that people tend to consider:
- Elon Musk previously stated that, on the wake of the deadly crash that Joshua Brown was involved in, they adjusted how the front radar signals are processed and those signals are given a higher weight so that a similar accident may never take place (it can see the car in front of the car in front of you, etc.)
- Tesla just held the Autonomous Driving Day where they painted the picture of the upcoming FSD capabilities of all Teslas post AP2.5, robotaxis, etc. and they emphasised this will be a major source of income for the company in the future
To be clear, both the new S and X are shipping. Reports of deliveries of both picking up this week, starting earlier this week.
Ok thanks for the heads up. Their gross margin contributions are essential
humbaba
sleeping until $7000
Yeah. Notice that the preliminary report doesn't say anything about how close the Tesla was when the semi tractor-trailer started crossing. The semi "slowed as it crossed the southbound lanes, blocking the Tesla's path." The 10 seconds and 8 seconds are not relative to when the semi blocked the Tesla's path and it was irresponsible of the NTSB to include the time of AP engagement without indicating how close the Tesla was when the semi pulled out in front of it.
In other words, the report is written to give the impression that the accident was the Tesla's fault without providing any facts to support that impression.
Compare that to other preliminary reports and the bias becomes apparent.
HWY19MH001-preliminary-report
So despite being preliminary they address the crossing vehicle's role in the accident when a Tesla is not involved.
I know very little about battery tech, but when the other automakers saw the specs for the semi they all said that it must have faerie dust in it because no way it could do that range with current tech. So I think you may be right...that Musk was already factoring in Maxwell tech.
The US regulatory authorities that don't mandate side-bars for trailers should be held culpable and sued by every single family that have lost loved-ones due to these easily avoidable situations. It seems like pure negligence to me.
humbaba
sleeping until $7000
So... no other vehicle has anti-collision technology? Really?
So it doesn't matter if the semi pulled out in front of the Tesla with <1s of timing? BTW this would be entirely consistent with the preliminary report. The 8s and 10s timings are not relative to the semi pulling out in front of the Tesla. In fact, the sole reason for their inclusion appears to be to mislead.
I would like to remind those of you in a panic. After 7 years in TSLA, days and weeks like these have happened about 4 times a year, x 7 years= 28 freak outs on this thread. Though I have lost about 3 x P100D's in the last few weeks, I'm still here and relaxed.
Rather than the details, I like looking at the big picture. In my small city, Tesla's abound, I see 10 or more a day and I work at home! Supercharger build outs are happening at a higher rate than usual (supercharge.info), new China factory is being built, Maxwell was just purchased, software updates continue to be rolled out to our vehicles at a good clip, and just yesterday a new Tesla service facility opened in Oxnard Ca which is already not far from Santa Barbara and Agoura. Does this sound like a company expecting bankruptcy? Naw, it don't. So I choose to relax, as so may times before. Things turn around, and it's usually by complete surprise.
Rather than the details, I like looking at the big picture. In my small city, Tesla's abound, I see 10 or more a day and I work at home! Supercharger build outs are happening at a higher rate than usual (supercharge.info), new China factory is being built, Maxwell was just purchased, software updates continue to be rolled out to our vehicles at a good clip, and just yesterday a new Tesla service facility opened in Oxnard Ca which is already not far from Santa Barbara and Agoura. Does this sound like a company expecting bankruptcy? Naw, it don't. So I choose to relax, as so may times before. Things turn around, and it's usually by complete surprise.
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