That, my friend, is what I call a broad brush.
I, for one, believe FSD is close.
Just got the latest update, but I am not home, so I can't check it out.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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I, for one, believe FSD is close.
Just got the latest update, but I am not home, so I can't check it out.
Was seriously contemplating taking out some $$ - to cover my taxes and Model X monies by closing all CC, verticals and what have you's and just sit with Stocks for a while ...
but ended up adding 2 more jan 24 990 leaps
SP was $831 ....
taxes in April, X delivery pushed out to July ... so got some time.
++Last week, closed all CC's in two other accounts, not selling CC's till 900's or after Austin deliveries ... which ever comes 1st. Still accumulating shares, so all CC monies go to buying more shares
but ended up adding 2 more jan 24 990 leaps
SP was $831 ....taxes in April, X delivery pushed out to July ... so got some time.
++Last week, closed all CC's in two other accounts, not selling CC's till 900's or after Austin deliveries ... which ever comes 1st. Still accumulating shares, so all CC monies go to buying more shares
Meh. I hear that sort of thig about EVERY new version.
TheTalkingMule
Distributed Energy Enthusiast
Guys, we're about to go green!
Artful Dodger
"Neko no me"
Really? Hmm. My hot take from that tweet was that they're moving to ensure a continued large pool of bet atesters in the case of any future missyhaps...
Cheers!
That part sounds great. God forbid the hacks at the NHSTA manage to end the public beta, if they have 10k employees on Beta at that point they could easily pivot and keep progress going.Really? Hmm. My hot take from that tweet was that they're moving to ensure a continued large pool of bet atesters in the case of any future missyhaps...
Cheers!
We never learn our lesson here .... do we?
You are so irresponsible with your language!
Knightshade
Well-Known Member
I used it over the weekend, and again to drive to work this morning.
It still gets in the wrong lanes pretty regularly....including cases where it should be really easy not to (like getting into a turn lane that has big, clear, white painted turn arrows in it, when the route needs to go straight). Minorly annoying intervention when traffic is light, more significant PITA when it's not. Also still asks for confirmation to turn at some intersections when it's pretty clear visibility with nobody coming, and is painfully slow at others even though it does eventually go.
Having been on the beta for a while now I think "FSD is close" in that maybe by end of year they can get the current L2 version in wide release, US/Canada only... maybe.
I'd bet money 0% chance of anything higher than L2 by EOY and 0% it's wide in the EU this year.
Anyway further talk prob should here:
AI, Autopilot, & Autonomous/FSD
Discussion about AI, Tesla Bot, Tesla Autopilot (AP), the promise of Full Self Driving (FSD), as well as other Autonomous Vehicles.
teslamotorsclub.com
TheTalkingMule
Distributed Energy Enthusiast
It's for your own good, I'm making you a better investor!
I would guess that opinions may vary depending on your particular area. A few particular routes I happen to drive regularly, the beta has a very difficult time with and has not improved as the versions have been released. While I do see improvements in some areas of driving with new versions, the way it reacts to the situations which cause problems for me is not very inspiring. To me it just serves to highlight how many edge cases exist, and how far away we are from it working well broadly. I'm bullish long term, but I am of the opinion that it will take quite a bit longer than recently estimated. I'd be super happy to be proven wrong though!
FSD Beta isn't even ready for wide distribution to the fleet as a Level 2 ADAS requiring constant supervision much less as a Robotaxi driving itself around.
Wide distribution to the fleet as a Level 2 ADAS will hopefully happen by the end of the year and remove the Safety Score hoops, the next step might be a Waymo-style heavily geofenced Level 3-4 type of offshoot set up in California or some other locale with a good climate. And that will begin the next process of iterative improvements.
This is not a controversial opinion among people who actually follow these developments closely.
Wide distribution to the fleet as a Level 2 ADAS will hopefully happen by the end of the year and remove the Safety Score hoops, the next step might be a Waymo-style heavily geofenced Level 3-4 type of offshoot set up in California or some other locale with a good climate. And that will begin the next process of iterative improvements.
This is not a controversial opinion among people who actually follow these developments closely.
Artful Dodger
"Neko no me"
Krugerrand
Meow
You express fear of the unknown and fear of the worst your imagination can conjure. That kind of fear is almost always bigger than its britches and simply doesn’t deserve acknowledgement.
I say, bring it! They should do their damnedest and in doing so must expose their evil. Let’s see their hand.
In the end, people will either stand up for the good guy or they won’t. Without hope we have nothing to live for. Even, I, with barely a shred of faith in mankind, clings to hope.
StealthP3D
Well-Known Member
If you are talking about the TSLA share price over the next two months or so, I honestly can't say.
If you are talking about TSLA over the next 2 years, yes, I think Tesla is on the verge of a big revolution and a massive increase in the share price. It's a no-brainer. And this is true without FSD being fully solved. If it's solved that soon, my, oh-my!
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From a long term investment standpoint, it doesn't really matter when Robotaxis happen as long as Tesla is the first one to get to a large scale deployment. Think about the Model 3 ramp, they were a couple months behind production targets, but it didn't matter in the long run because no one else was even ramping at all. As far as current scale, it seems as if Tesla is in the lead by ~2 orders of magnitude 60,000 Beta vehicles Vs 700 Waymo cars (In California). Granted this really isn't an apples to apples comparison (Tesla is geoscaled, Waymo has higher localized ability but is geofenced), however it does lend credence to the thought that Tesla is currently in the lead in getting to a scaled robotaxi service.
True. The aggressively improving financials alone will compress the PE Ratio to the point where TSLA has to go sharply up over the next few years, and this is based only on the automotive business. If FSD contributes anything at all then it will be a very positive multiplier.
This is so incredibly true and relevant. We have FSD beta on both our vehicles. Overwhelming reason I disengage or do something different from FSD is to avoid road rage from aggressive drivers. It’s comical that human drivers brought the stop sign roll to the attention of nhtsa when humans do the roll every damn time. It’s even to the point where I don’t feel safe not rolling through with another vehicle behind me.
Here's the actual letter Elon's lawyer went to the SEC today. Interesting that they note the SEC hasn't disbursed the $40M owed to Tesla shareholders yet. Yeah, where's my check?
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Re: SEC v. Elon Musk, No. 1:18-cv-8865-AJN; SEC v. Tesla, Inc., No. 1:18-cv-8947-AJN
Dear Judge Nathan:
We came to Your Honor this past week to express grave concerns about the conduct of the Securities and Exchange Commission (“SEC” or the “Commission”), which has failed Tesla shareholders and weaponized this Court’s consent decree for illicit ends. In its written response to this Court, the Commission tried to waive away these concerns. At the same time, the SEC does not and cannot deny that it has yet to pay the $40 million-and-counting that it promised to pay Tesla shareholders. See Sec. & Exch. Comm, Elon Musk Settles SEC Fraud Charges; Tesla Charged With and Resolves Securities Law Charge (2018-226) (Sept. 29, 2018) SEC.gov | Elon Musk Settles SEC Fraud Charges; Tesla Charged With and Resolves Securities Law Charge. More than 1,200 days following the SEC’s receipt of the funds in question, it has not distributed a penny.
The Commission’s claim that its “staff have not issued any subpoenas in this litigation” is disingenuous at best. Lest this Court be misled, we are obliged to pinpoint specifics that may shine light on the Commission’s representation. In a subpoena sent to Tesla in November 2021, the Commission specifically demanded documents concerning my clients’ “compliance or noncompliance with Tesla’s disclosure controls and procedures, executive communications policy, external communications policy, other policies or procedures relating to public statements or communications by Tesla executives, or the final judgment or amended final judgment in SEC v. Musk, 1:18-cv-8865-AJN (S.D.N.Y.).” The Commission issued a subpoena with similar demands to Mr. Musk.
But our concerns now go well beyond niceties of the Commission’s representations. It has become clearer and clearer that the Commission is out to retaliate against my clients for exercising their First Amendment rights—most recently by criticizing the Commission on the public docket and by petitioning this Court for relief. Upon information and belief, after I filed the February 17, 2022 letter to this Court regarding the Commission’s conduct, at least one member of the SEC staff responded by leaking certain information regarding its investigation. This leak is emblematic of the vindictive, improper conduct that occasioned my letter: the SEC is retaliating against Mr. Musk and Tesla, without answering to the constraints of principle or law in so doing. See 17 CFR § 203.2 (“Information or documents obtained by the Commission in the course of any investigation or examination, unless made a matter of public record, shall be deemed non-public . . .”); 17 CFR § 203.5 (“Unless otherwise ordered by the Commission, all formal investigative proceedings shall be non-public.”).
By letter dated February 19, 2022, we respectfully requested that specific SEC staff members preserve their records and devices. We have also reported the matter to the SEC Office of Inspector General. No denial has been forthcoming as of yet. So that the Court is advised of the premises and able to address the ostensible misconduct before it, we now respectfully seek on-the-record assurance that the Commission has not leaked investigative details in violation of its own rules and policies, and is otherwise acting in accordance with the law.
Respectfully submitted,
/s/ Alex Spiro
Alex Spiro
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