What other tech stock to consider?

[bkp_duke]

That's an impressive accident rate for FSD - how much is their robotaxi service earning members?

FSD accident rate, for the record (better than national average for human, even driving a Tesla which because of the automated features is almost 3X better than the national average).

Accident rate for Tesla 80% lower than US average with FSD

Tesla cars are 5 to 8 times less likely to be involved in crash compared to US average when using Autopilot or FSD, and half as likely when using no safety trigger.

thedriven.io

Sucks when the actual data doesn't jive with your bear narrative, huh?

 

[bkp_duke]

That's an impressive accident rate for FSD - how much is their robotaxi service earning members?

At least FSDb doesn't track people and try to actively run them down . . . and a human can't even intervene.

https://twitter.com/x/status/1652772928025661440

 

[hooty]

and a human can't even intervene.

So….apples & oranges it is then

 

[mongo]

At least FSDb doesn't track people and try to actively run them down . . . and a human can't even intervene.

https://twitter.com/x/status/1652772928025661440

View attachment 933676

Not what it appears. Also off topic.

https://twitter.com/x/status/1652847520098439168

 

[bkp_duke]

Not what it appears. Also off topic.

https://twitter.com/x/status/1652847520098439168

Even if there was a pedestrian to the right, it should have stopped, not veered towards other pedestrians.

 

[JRP3]

 

[Cosmacelf]

Right, but their addressable market right now is tiny given their very high prices. Do they have a solid path to lower prices?

 

[Curt Renz]

In addition to Tesla, I currently own three other AI (artificial intelligence) related stocks.
Nvidia - NVDA
Dynatrace - DT
Ambarella - AMBA

 

[Curt Renz]

Generally about AI, although much about its relation to Tesla.
CNBC - Midday:

 

[Curt Renz]

In addition to Tesla, I currently own three other AI (artificial intelligence) related stocks.
Nvidia - NVDA
Dynatrace - DT
Ambarella - AMBA

NVDA is doing rather well today.

 

[Curt Renz]

NVDA is doing rather well today.

CNBC - today:

 

[JRP3]

In the least surprising news ever

The year-end report can “no longer be relied upon,” Digital World told regulators, and the company is now developing a remediation plan to address the “material weakness” in its “internal control over financial reporting,” per the filing.

Digital World Acquisition also has not filed an earnings report for the first quarter of 2023, which is required for all companies listed on Nasdaq.

The company has until July 24 to submit a plan or be delisted from the stock exchange—the SEC can then accept or deny the company’s plan, and if it rejects it, Digital World can appeal.

Trump’s Truth Social Faces More Trouble As SPAC Partner Admits Financial Statements Are Unreliable

The SEC found Digital World Acquisition Corp.’s previous earnings report held accounting errors.

www.forbes.com

 

[Cosmacelf]

In the least surprising news ever

Trump’s Truth Social Faces More Trouble As SPAC Partner Admits Financial Statements Are Unreliable

The SEC found Digital World Acquisition Corp.’s previous earnings report held accounting errors.

www.forbes.com

Looks like an epic slow motion financial disaster. Elon’s revitalization of Twitter dealt a massive blow to it as well. Truth Social doesn’t have a reason to exist anymore, if it ever did have one.

 

[Hiline]

A company not often mentioned is Samsara in the IoT field. Their products are top notch - my company uses the asset and truck telematics products, and really likes the platform. They almost broke even last quarter and likely will turn a profit this quarter. 40% YoY revenue growth. Well positioned within a fast-growing field - IoT industry applications.

They almost turned profitable this past quarter, but they for sure will this current quarter. Stock price up 45% since I posted this.

 

[JRP3]

Huge volume surge on Amprius and a nice pop, can't find any info on why other than 2 day old announcement about the Russell 3000. Maybe market is catching up.

 

[JRP3]

If Jeff Dahn is impressed with the company that's a strong endorsement. Company has a range of products including battery separator materials.

"I am impressed by META's technology to enhance battery performance through their NCORE™ and NPORE® battery materials which can have a positive impact in the fields of grid storage, electric transportation, and resource management for the energy transition," Dahn said.

Nanotech Nabs Top Battery Researcher as Science Advisor

A Tesla research partner and a pioneer of lithium-ion battery technology is joining Meta Materials Inc.'s scientific advisory board.

www.streetwisereports.com

Meta Materials Inc. - Functional Materials and Nanocomposites

META® (formerly Metamaterial Inc.) is a developer of high-performance functional materials and nanocomposites for a broad range of applications.

metamaterial.com

 

[willow_hiller]

If Jeff Dahn is impressed with the company that's a strong endorsement. Company has a range of products including battery separator materials.

Nanotech Nabs Top Battery Researcher as Science Advisor

A Tesla research partner and a pioneer of lithium-ion battery technology is joining Meta Materials Inc.'s scientific advisory board.

www.streetwisereports.com

Meta Materials Inc. - Functional Materials and Nanocomposites

META® (formerly Metamaterial Inc.) is a developer of high-performance functional materials and nanocomposites for a broad range of applications.

metamaterial.com

Is there any requirement for Professor Dahn or META to disclose if that was a paid endorsement? Because it reads very stiff, like a statement drafted by a corporate PR team.

 

[JRP3]

It was from a press release so...

 

[Cosmacelf]

If Jeff Dahn is impressed with the company that's a strong endorsement. Company has a range of products including battery separator materials.

Nanotech Nabs Top Battery Researcher as Science Advisor

A Tesla research partner and a pioneer of lithium-ion battery technology is joining Meta Materials Inc.'s scientific advisory board.

www.streetwisereports.com

Meta Materials Inc. - Functional Materials and Nanocomposites

META® (formerly Metamaterial Inc.) is a developer of high-performance functional materials and nanocomposites for a broad range of applications.

metamaterial.com

Let’s see. $100M market cap, stock price so low, they are going to be delisted unless they do a reverse split, $6M in cash, loses $18M a quarter, no product sales to speak of, just contract revenue. No strategic investors. Hmmm. Pass.

 

[JRP3]

Also some shady goings on around preferred shares of a merger/spinoff

https://www.reddit.com/r/Next_Bridge_HC/comments/143gxea

MMTLP: The Wild Saga Of The Meme Stock That’s Left Thousands Of Shareholders With Nothing

Spoiler alert: shareholders are losing their shirts. Blame a series of unusual gaffes, snafus and miscommunications.

www.forbes.com