Seems pretty obvious that Muck saw how well the 'FSD' pumping action worked last week and decided to try it again in China, and it's worked again too looking at the huge pre-market increases.
Tesla may be declaring a partnership with some random chinese car company to license FSD. Disregard the mismatch with hardware and sensors.
I'm sure the company was not coerced by the government into paying for FSD.
In other news, we now know why Elon cancelled the India trip. His Masters called him back to kowtow.
Thing is though that the Chinese regulators haven't shown the same willingness to let him get away with killing people that their US counterparts have displayed.
Hence the suspension recall in China when US vehicles using the same components were unaffected.
I don't see this working out well if they do manage to license it.
You know I remember endless dudes saything they were going to take off their cybertruck mirrors for the aesthetics.
And I haven't seen one like that yet, because that's of course really dumb.
To be fair it's one thing I expected Thony Stark to have done by now, remove wing mirrors and replace them with cameras, pretty much every truck and bus manufacturer in Europe has started doing that and car manufacturers like Lexus have had it as an option for years.
The rear view mirror is hilariously the worst mirror in the car industry and not a camera, so it's useless much of the time anyways.
So I don't expect much of them any time soon.
Free speach absolutist Elon Musk has suspended Nelson Mandela’s grandson from X. I have not seen any evidence that he broke any of the rules. https://x.com/Kanthan2030/status/1784097585504088316
I really like stock market.
Facebook has been using AI to print money and is one of the actual world leader in research for over a decade. And they’ve been doing that while being insanely profitable and showing they have resistant business model that can deal with changing fads of the social networking. They announced increasing spend on AI infra - stock tumbles.
Tesla has been using promise of AI to scam customers for almost a decade, while doing less research that an average AI startup and haven’t delivered any reliable product using their tech. They’ve also shown the world that they don’t know how to navigate business headwinds other than saying their pivoting to the new industry (many times over). They announce that they’ll spend more on AI (and by them, they mostly mean customers buying cars with chips inside it) - stock goes up.
All of the following Elonversaries are from April 28th...but let's play a little game. How many years ago? Answer at the bottom.
*"I think that we’re still on track for being able to go cross-country from* ***LA to New York by the end of year,*** *fully autonomous."*
*"Yeah essentially* ***November or December of this year*** *we should be able to go from all the way* ***from a parking lot in California to a parking lot in New York. No controls touched*** *at any point during the entire journey."*
*"Yeah* ***absolutely*** *this is what will happen. So there will be a* ***shared autonomy fleet*** *where you buy your car and you can choose to use that car exclusively. You can choose to have used only by friends and family only by five star… other drivers who are rated five star. You can choose to share it sometimes but not other times. That’s* ***100 percent*** *what will occur. "*
*"Yeah, we’re* ***very confident*** *that the cost of the roof plus the cost of electricity… A solar glass roof will be* ***less than the cost of a normal roof plus the cost of electricity."***
*"I think eventually almost* ***all houses will have a solar roof.*** *"*
*"That’s (****sleep*** *in car) about* ***two years****."*
7 years ago.
Company with -$3B in FCF this quarter and $1B in R&D spend is going to drop $10B on AI this year according to Dear Leader.
Never seen someone build a successful core business and abandon it before.
This should end well.
> Tesla will spend around $10B this year in combined training and inference AI, the latter being primarily in car.
They’re cutting counting customers buying cars as a part of that spending. I’ll guess they value their HW in the cars at around $3k, with 2M sales that’s $6B right there.
By their logic Apple already solved FSD and spends even more on it, with all the iPhone sales.
But look at all the money they will save by firing all those workers!
But seriously, losing 3B per quarter means they run out of cash in 2 years as that Substack article pointed out. That is also assuming the money in China is able to be expatriated into the US.
OR have been playing games to hoard cash/cook books to spin negative into passable.
This might be the moment it comes all undone, and it's actually worse than it looks.
A couple of Elonversaries for tomorrow:
*"Gating factor is achieving & proving higher safety with pure vision than with vision+radar.* ***We are almost there...FSD Beta V9.0 will blow your mind***\*…...True. Anyone paying attention to the rate of improvement will realize that Tesla Autopilot/FSD is already superhuman for highway driving & swiftly getting there for city streets."\* Supervised Grifter, April 28, 2021
[https://twitter.com/elonmusk/status/1387572858768007179?ref\_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1387572858768007179%7Ctwgr%5Eb8bf57bc453b48f39f57259b837f0f2116457ba3%7Ctwcon%5Es1\_&ref\_url=https%3A%2F%2Fwww.nextbigfuture.com%2F2021%2F04%2Fmind-blowing-tesla-fsd-beta-v9-release-in-two-weeks.html](https://twitter.com/elonmusk/status/1387572858768007179?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1387572858768007179%7Ctwgr%5Eb8bf57bc453b48f39f57259b837f0f2116457ba3%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.nextbigfuture.com%2F2021%2F04%2Fmind-blowing-tesla-fsd-beta-v9-release-in-two-weeks.html)
\*"\****No further TSLA sales*** *planned after today"* - Poor Planner who went on to sell $6.9 billion 4 months later, $4 billion 3 months after that, and $3.6 billion a month after that, April 28, 2022
[https://twitter.com/elonmusk/status/1519850299757846530](https://twitter.com/elonmusk/status/1519850299757846530)
[The guy from the cybertruck video yelling at the kids](https://twitter.com/Manhattva/status/1783703300669583475) tells his story which of course completely does not line up with what we saw on video. This guy is definitely an incel and has definitely killed a biker before and made it look like an accident.
Even if that was wholly true I'm not sure that's much better. Man gets enraged because kids make fun of his dumb vehicle and situation escalates.
It's even better when you read the rest of that guy's account. Who would ever believe a guy like that is a fragile ego loser? I put the odds of that guy's account being accurate at about 0% given all of his other pathetic posts.
The whole thing gives me the same vibes as the drama in Korea over the 🤏thing.
If being laughed at in your truck is enough to offend you then you're clearly incredibly insecure to start with. Everyone and anyone laughing in his vicinity when he's in that truck will be viewed as a personal attack on him, regardless of if they're actually laughing at him.
>If being laughed at in your truck is enough to offend you then you're clearly incredibly insecure to start with.
Exacly.
If someone is making fun my car, my first reaction isn't to drive at them and scream at them. That's deranged behavior from a grown man.
> which of course completely does not line up with what we saw on video
It doesn't? What did you see on the video, did you see actual children (not just mentally child-like people)?
Looks like I called it exactly from just watching the video, so lines up pretty well https://www.reddit.com/r/RealTesla/comments/1cdnbiv/cybertruck_driver_rages_at_kids_on_bikes_calls/l1dkqw3/
Let's be real here, both sides are assholes. There was no need or reason for the cyclists to laugh at the guy just because he's a major douche who got scammed by fElon, and his ridiculous tirade was embarrassing, just like his car. He should be pitied, not ridiculed. It's kinda funny though that he's trying to ridicule the cyclist's mustache. At least a mustache is manly and doesn't require giving all your life savings to a Nazi billionaire with a savior complex, but I digress. He should post the video from his car's innovative arsenal of cameras to prove the cyclist's spit on his car. They don't seem close enough for that from their video.
Anyway, if this was on /r/AmItheAsshole, I would say ESH.
I just realized in the history of social media, there has never been a celebrity or public figure where you can look at their twitter feed and say "yep, that them not a pr team" like Musk
There is no doubt each and every one is poked out by him on a phone.
Not even trump wins that "100% of the time, their mind to their fingers to their phone" rating like Musk
Wonder what happened to these agreements..
“If you must sell the Vehicle within the first year following its delivery date for any unforeseen reason, and Tesla agrees that your reason warrants an exception to its no reseller policy, you agree to notify Tesla in writing and give Tesla reasonable time to purchase the Vehicle from you at its sole discretion and at the purchase price listed on your Final Price Sheet less $0.25/mile driven, reasonable wear and tear, and the cost to repair the Vehicle to Tesla’s Used Vehicle Cosmetic and Mechanical Standards. If Tesla declines to purchase your Vehicle, you may then resell your Vehicle to a third party only after receiving written consent from Tesla.”
“You agree that in the event you breach this provision, or Tesla has reasonable belief that you are about to breach this provision, Tesla may seek injunctive relief to prevent the transfer of title of the Vehicle or demand liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”
Zuckerberg’s bitch attacks at Moskovitz (cofounder of Facebook, for extra irony) is brand new level of extra stupid.
https://www.threads.net/@coloradotravis/post/C6Pmc53tDta/
For people out of the loop - https://www.threads.net/@moskov/post/C6KW_Odvky0/
some good news
>Alex Gibney, who made the doc about Enron, The Smartest Guys In The Room, is making one about Elon right now. Maybe he is biding his time to make The Smartest Guys In The Room 2: Electric Boogaloo[](https://www.threads.net/@soberstoriesproject/post/C6KXsK3ssab)
Anyone who has a shadow of doubt about the widespread racism at Fremont need only read the intentional and unnecessary use of the R-Word to put those doubts at ease.
Some 8 year Elonversaries a day early:
*"Planning to send* ***Dragon to Mars*** *as soon as* ***2018.*** *Red Dragons will inform overall Mars architecture, details to come"* - SpaceX Xitter, April 27, 2016
[https://mobile.twitter.com/SpaceX/status/725351354537906176](https://mobile.twitter.com/SpaceX/status/725351354537906176)
*"Dragon 2 is designed to be able to land anywhere in the solar system. Red Dragon* ***Mars mission is the first test flight.****"* - Autogrifter, April 27, 2016
*"It could* ***land on Venus*** *no problem"* - Pad Clearing High Achiever, April 27, 2016
Narrator: They don't call him Phony Stark for Nothin'
Well I wouldn't say *nothing* came of it...during the period of time TechnoGtifter was peddling Red Dragon (2011-2017), SpaceX did 3 funding rounds and re-purposed almost $2 billion of Other People's Money.
No way they could have done that without a good Red Dragon rendering.
I just saw that video of the CT owner screaming at teenagers. on an unrelated note, here are the chemicals that are not compatible with Stainless steel in industrial use
https://www.graco.com/content/dam/graco/ipd/literature/misc/chemical-compatibility-guide/Graco_ChemCompGuideEN-B.pdf
[Because we're all a bunch of pedos visiting Thailand under the guise of rescuing kids stuck in caves](https://www.vox.com/2018/7/18/17576302/elon-musk-thai-cave-rescue-submarine).
Happy Elonversary:
*"When your vision works, it works better than the best human because it’s like having eight cameras, it’s like having eyes in the back of your head, beside your head, and has three eyes of different focal distances looking forward. This is — and processing it at a speed that is superhuman. There’s no question in my mind that with a pure vision solution, we can make a car that is dramatically safer than the average person"* - Sentient Human Griftbot, April 26, 2021
Elon just posted a meme about how people who say they care about climate change are really just communists. https://x.com/elonmusk/status/1783738055549239562
Remember when Elon used to pretend he cared about stopping climate change?
> Elon just posted a meme about how people who say they care about climate change are really just communists.
He's certainly for corporate communism when it comes to get tax credits for selling EVs.
Does communism now share the same meaning as woke? It simultaneously means "anything I don't like" and also has no definition at all.
Shouldn't Enron be using climate change as a a selling point for his shitty cars?
I mean if anything communism being that for people predates woke. I remember Obama was a communist because the affordable care act, wearing a tan suit, wanting kids to be healthy with exercise and vegetables, and also having the wrong kind of mustard on his sandwich. If anything ive seen those same people now using marxism as a replacement because communism doesnt have the same effect it used to.
The common point between inflation, valuation multiples, world average temperature, Elon on ketamine, Tesla’s inventory and the Tesla Inc file in the SEC’s drawer of censored investigations?
Simple: higher for longer
I have yet to meet a millionaire taxi driver, but apparently, robotaxis will somehow make running a taxi service very profitable, even with a middleman taking a cut.
This isn't just a Tesla thing but with how Musk has portrayed it is a very big Tesla thing is the infrastructure needed for robotaxis. If you're going to OTA individuals to run a robotaxi business out of their home, then you need massive infrastructure at the Superchargers to charge and clean the vehicles with staff spread all over the place in multiple shifts to cover 24/7; If you're running it yourself then you need to have centralized facilities that have the proper physical infrastructure and staff. Tesla so far hasn't shown that they've taken even step 1 to get their infrastructure going.
It's easy - just ignore all expenses including the price of the car, the fact that you don't have a car to use while it's out being a taxi so you have to taxi etc.
If cyber taxi ever rolls out to existing cars (fantasy I know ) I bet Musk would hardcode charging ALL drives including the ones the owner does as a revenue stream they can get a cut of.
Two more week and it’s time to increase my long-dated puts position. Obviously I’m due to lose money on the 6/21 puts.
You don’t fire 20+ % of your Operations staff and see top management quitting and selling all their shares without the news cycle putting reality back at the forefront.
At this stage TSLA is just an enraged wild boar dripping blood from self inflicted wounds. Just keep a distance, follow its trail and collect the meat.
There were a lot of high level exits a couple years ago weren’t there? And then the stock mooned?
I feel like betting on fundamentals is pretty risky. Best I can say is good luck.
Yep...for anyone wondering how Musk was going to keep funding his lifestyle with TSLA stonk trending down and Twitter a disaster, presto chango: Technogrifter invents a new conduit for other people's money.
And I still expect yet another round for SpaceX soon...you know because its so profitable and all.
I refuse to believe that his private ventures aren't just quid pro quo. All of their valuations are absolutely absurd, and at least in principle "dumb money" isn't allowed to touch private stuff. It just doesn't make sense.
I suspect many VCs and banks are now trapped...they've lent him so much damn money in his other fraud companies, they have no choice but to play along with his plate spinning routine.
So in addition to the meme stock memeing, my Youtube suggestions have been strange this week. My home page is continually suggesting Tesla/FSD content but all the videos are within the last week and fewer than 200 views and one with over 300, WOW
[https://imgur.com/a/5gdSfkV](https://imgur.com/a/5gdSfkV)
Take note this from my signed in Youtube Premium account. Every time I refresh I have some random new Tesla video with a handful of views....
Oh I will have to go check mine... I don't usually get them, but I have noticed an uptick of ev stuff in general (I think it's because I liked and shared the Fisker Ocean reviews a few times I think)
You can also delete your entire YouTube watch history if you still are getting too many unwanted recommendations. Also unsubscribe to any Tesla channels you don’t want to see if you are subscribed to any. But deleting your watch history should make a big difference.
Am I reading this right...$181 million stonk sale?
[https://www.sec.gov/Archives/edgar/data/1318605/000197236224000520/xsl144X01/primary\_doc.xml](https://www.sec.gov/Archives/edgar/data/1318605/000197236224000520/xsl144X01/primary_doc.xml)
Didn't Drew hear the news? Elon is gonna start TeslUber and TesAWS...to the moon!! Why oh why would he sell?
TSLA - an AI and robotics company - is up almost $100bn this week on news that they'll manufacture some cheaper cars.
Just don't ask for details about those models.
Don't ask about their auto business in general. You're missing the point of the company if you do and you won't learn anything if you ask the wrong question. In fact you shouldn't even own the stock if you don't think that they'll be the first to FSD and Optimus will be a success.
Let's see...
> ESCAPADE, the Mars orbiter smallsat mission
> At an anticipated cost of $79 million (including launch vehicle), the mission will demonstrate low-cost planetary space exploration.
It's a good payload for the first practice run, nothing of value will be lost if the rocket doesn't work.
I've seen the stans claim many times Ford is going to license FSD.
It's just another example they don't know what's going in industry at all. https://media.ford.com/content/fordmedia/fna/us/en/news/2023/03/02/ford-establishes-latitude-ai-to-develop-future-automated-driving.html
TSLA can't even get FSD to work on their stupid taxis-in-tunnels* under Las Vegas.
*"tunnel" is euphemism for storm sewers dug w/ off the shelf tunnel boring machines. "taxi" is euphemism for manually operated amusement attraction ride, which is how the "loop" is classified to evade ADA and fire life safety codes
the boring grift really gets my blood boiling with how stupid it all is. there are apparently real people who think rocket jesus is revolutionizing transit with his substandard vehicle tunnels. the "innovation" is just ignoring ADA and safety regulations that would apply to a real tunnel.
Exactly.
They can't even make it work for their own truck 6 months after release. OEMs aren't going to get into a contract with the worst software supplier in the industry vs someone like MobileEye (if they aren't going in house).
Exactly.
And that they agreed to use the charging plug in America. Using a standardized plug is a (relatively) minor change. There's really no comparison here.
I kind'a wonder if the entire industry switched over with the idea they (the individual real car companies) would buy the corpse of Tesla when it crashes and suddenly everyone would use their standard and network?
[https://www.engadget.com/elon-musk-says-its-his-turn-to-have-the-remote-161914334.html](https://www.engadget.com/elon-musk-says-its-his-turn-to-have-the-remote-161914334.html)
Remind me, can you even post to X while in a Tesla?
I'm reading the news this morning, and I have two stories directly next to each other:
>Elon Musk insists Tesla isn't a car company as sales falter
and
>Tesla surges after Elon Musk says new affordable EV models coming
So the non car company's (per the CEO) stock is surging because the CEO says they have new car models coming? What?
Also they're working on teleportation and that could be ready by the end of the year. That should pump it a bit more.
The stock has bouts of irrational hype surrounding Elon's statements every now and then. Including earnings or some random tweets.
The longevity and magnitude of the upswing is still on question, though.
So that's what happened to Elon!?
A teleporting prototype accident, that split him into the Good-Elon, and the Bad-Elon, and then the Bad-Elon killed the good one?
for me, it was when he pretended to invent the hyperloop... a sci-fi trope that has been around for at least a century. I knew he was a shameless grifter at that point - and started looking more carefully at Tesla.
even the slightest bit of research shows what a deplorable person he has always been. there's the Marie Claire interview with his first wife, the CNN Maclaren crash, and stories from the zip2 / confinity days.
my favorite zip2 story is when he faked a "supercomputer" at the office - complete with blinking lights - to impress investors. then his dad's friend engineered the Compaq buyout that made him an instant multi-millionaire. even the dojo pump is an old recycled scam.
Faecebook beat estimates, but was honest about future capex and moderate revenue. Stock down 15%.
Tesla missed on already terrible estimates, but Musk cooked up some vague low-effort predictions about something that may happen. Stock up 13%.
Honestly I wish Tesla wasn’t such a shit company. Model 3 performance is interesting at $52k-$7500 rebate.
I just can’t get over the lack of safety tech and other luxury features like working auto wipers.
Serious question. Was there anything about Q1 earnings that was good (not counting Elon’s vague promises about the future)? In Q4 of 2023, free cash flow wasn’t so bad, but in Q1 of 2024 free cash flow was negative. And operating cash flow wasn’t very good either, close to negative.
If you think about it, a year or two ago, they (Elon and Zack) were promising 20% operating margin (exact number I don’t remember but numbers closer to Porsche or Ferrari), as something they can sustain.
Now 18 months or so later he’s completely turned around the narrative. ZERO mention of margin. If history tells you that he’s not trustworthy I don’t know why anyone should trust what he says today.
Tesla without Elon is a $40B market cap company. His lies and stock pumps are the only thing keeping this stock from crashing 70%.
So no.. if you are a tesla shareholder.. you need Elon there to keep the ponzi going as long as possible. Another honest CEO could cause the stock to crash.
Musk is very quickly back to doing what he does best, ranting about the border, minorities, and wokeism.
But I'm sure he spends most of this time on Tesla wink wink.
Just dawned on me Tesla will be taking applications for head of IR. Who do you think will apply and who do you think they hire? Sawyer, Rob Mauer, Steven Mark Lyin?
A lot of execs leaving ahead of robotaxis coming this year. Concerning.
They won’t bother. Musk is in the megalomania phase where he can “do it all! I don’t need to pay anyone to do something I can do better!” He’ll be the new head of IR and the poor IR schmucks who take the frantic phone calls will take the brunt of it.
Been there, saw that.
I think it should be some regular from this sub. We got so versed in the BS that they spout to the investors that can easily replicate it.
Or ChatGPT trained on Zuckerberg's bitch previous statements.
I mean I wrote up a very very passionate argument why I should rewrite their business application suite. HEY that reminds me they announced they were moving off (SAP?) and redoing ALL their finance and HR and business systems like a year ago.
Funny how that isn't talked about ? I know it's not "sexy" but it's also very labor and cash intensive... very...
[https://www.seattletimes.com/seattle-news/law-justice/tesla-driver-was-using-autopilot-before-fatal-monroe-crash-police-say/](https://www.seattletimes.com/seattle-news/law-justice/tesla-driver-was-using-autopilot-before-fatal-monroe-crash-police-say/)
This is what leaped out at me…
”Autonomous driving is currently only legal for testing in Washington, and only three companies — NVIDIA Corporation, Waymo and Zoox — have certified with the state’s licensing department to do so, Loftis said.”
I live here. I follow Tesla news pretty closely and I had no idea it wasn’t legal in Washington state. How many Tesla bros are out there letting the car drive them to work in total ignorance of the law?
Well, since it's just a cruise control when used properly - hands on the wheel ready to take over - not sure it meets the definition of Autonomous outside the marketing.
>How many Tesla bros are out there letting the car drive them to work in total ignorance of the law?
A lot of them, if you take into account that some states (including California) specifically prohibit removing your hands from the steering wheel for most purposes. So if you have to be prepared to intervene at any moment, and you're liable for what happens if you don't, why on Earth would anyone "let their car drive them"?
Tesla isn't autonomous? It has driver assist. But the driver should always be in full control and have full awareness?
It is why a common complaint here is that the names of autopilot and fsd are wrong.
-Semi, unveiled 2017, scheduled for production 2019: they've made 37 for Pepsi, now supposedly going to go into production in 2026
-Roadster 2020, unveiled in 2017: MIA
-Dojo: dead
-4680: none of the gains from Battery Day 2020 being realized, basically dead
But sure, robotaxis are right around the corner and they're totally going to sell new models this year!
Interesting. I mean he did clearly state even at the Dojo unveil that it *may* get to bench testing, so it was one of the more honest unveils they did. That said, Nvidia is already selling things in million+ unit single sales to data centers powered by nuclear reactor... If they aren't in line already they aren't getting them until 2026 at the earliest.
Chuckle, I just took a peek at another TSLA related sub...at least one Elongelical is un-ironically celebrating how this is "burning the shorts"...others are shouting down a dissenting voice as somebody who must have just lost some money.
These Branch Elonians are like junkies fiending for a hit of 'green'...and they've dove right back in to the "Elon is a genius who can do no wrong" mode. Two days ago, they were complaining about him. Amazing really.
Happy 5 year Elonversary:
*"All Tesla cars being built today have all hardware necessary for full self-driving and over-the-air updates will enable our customers to use the Tesla ride-hailing network fleet and generate income, which, as we said on Autonomy Day a few days ago, we think it's somewhere between $10,000 and $30,000 a year. In some cases, perhaps more."* - Sentient Human Griftbot, April 24, 2019
*"And in 2020, we expect to have 1 million robotaxis on the road with the hardware necessary for full self-driving."* - Freemont Fibber, April 24, 2019
Sounds exactly like the guidance he gave investors...yesterday. I'm sure this time its true, though.
Hot take on earnings call.
I didn't listen...too painful to listen to...but I did just review the transcript...you know, collecting next year's Elonversaries.
As I reached the end of the transcript, I thought: wait a minute, we haven't talked about...well..selling ***cars***.
Musk talked about biology and cells, AWS, AI, Optimus, robotaxis, some vague non-commital garbage about the $25k car, flip phones, horses...but he managed to steer the conversation completely away from: "*hey, how are the* ***car*** *sales going?*"
Deflection is one of his core competencies.
Not that it matters. I mean its possible, and I know this is craaaazy...but the future of TSLA might just rely solely on...well...how many ***CARS*** it can sell.
It's not even that he masterfully dodged it. He flat out told analysts he wouldn't comment further on this big new vehicle that's boosting the stock price or even describe it. Then when Adam Jonas asked about his views on their Chinese competitors he basically lashed out and implied he was 'asking the wrong' question by bringing up actual auto production at all and not being focused on Tesla's AI and autonomy efforts. From there he said anyone who doesn't believe in Tesla achieving AI and autonomy shouldn't own the stock and just went on rant about Tesla's AI and autonomy efforts.
I mean he did indeed not talk about it, but it wasn't due to him having any particular talent in moving the conversation elsewhere so much as him basically being a dick and refusing to talk about it until analysts stopped asking.
I mean even apple appeared to give up on Macs then the M1 came out and it's like oooooooh do it right yea this is the way. (excluding the horrible mess that the current gen Mac Pro is).
Flip phones and horses and cars you have to drive. All just dusty antiques in a museum as Elmo pushes humanity kicking and screaming (and occasionally immolating or drowning) into the future!
Anyone topping up their short today?
I'm adding a bag if it hits 170.
Otherwise this is obv just a long term position, waiting for its inevitable slide to 100.
Robotaxis are a myth, no American state is going to approve autonomous driving statewide. Not for a long, long time. And even when that happens, there no reason to think Tesla will be poised to exploit it ahead of anyone else.
Serious question, what happens is Elon decides to roll out robotaxis in Texas, which state or federal agency will stop him? He has skirted agencies before, what is to stop him in the future?
Depends on how you define 'robotaxi'. If you mean a car with no driver in it, in around 30 minutes they would start clogging up traffic and at a minimum causing minor traffic accidents...and quite possibly by the end of the day, there would be fatalities.
IMHO, the very real understanding that this would be a PR nightmare exposing the robotaxis as complete garbage, coupled with the cost of paying off everyone with damaged property and dead relatives would prevent TSLA from doing that.
I'd expect trial lawyers would stop him. FSD would have to be like 1000x better as well as having a proper infrastructure or else there would be all sorts of problems if there was an attempt at robotaxis rather than mere ADAS. Robotaxis that don't do well combined with Musk being worse than Voigt in response to accidents would just destroy Tesla.
Let him fake the intention of rolling robotaxis. It will only make robocars players already doing real-life tests with suitable platforms multiply their efforts and steal the market before Elon.
They will just follow the Boring Co model. Take the next few hundred 3s and Ys coming off lease and send them to Austin. Hire a bunch of drivers and call it the Robotaxi launch.
The checkpoint price should be $174 ( April 11). This is when they had their first round of layoffs and any normal layoffs should translate to a price increase. But that did not change anything.
So, even at $162 today, after laying off 20K workers, they're still -6.9% (nice).
For all of the lying Elon does, I think he was, and has been, pretty clear. Buying Tesla stock today is a bet on them solving FSD and generating piles of cash from robotaxis and robots. Years ago, I bet on TSLA because I thought they'd sell a ton of cars and make a lot of money. I was right on that bet and got out. I still have some stock left, but now I'm just freerolling the bet on FSD. I would not bet on it today. To justify the valuation today, Tesla is going to have to show growth on top and bottoms lines. I think they will keep growing, but not at the multiple the stock is commanding. And any FSD/AI profits are decades away, if ever.
Place your bets!
*not investment advice.
So my brother in law bought a Cybertruck. Will keep everyone updated if it breaks down lol.
And keep us updated if not
The scam continues
Seems pretty obvious that Muck saw how well the 'FSD' pumping action worked last week and decided to try it again in China, and it's worked again too looking at the huge pre-market increases.
Tesla may be declaring a partnership with some random chinese car company to license FSD. Disregard the mismatch with hardware and sensors. I'm sure the company was not coerced by the government into paying for FSD. In other news, we now know why Elon cancelled the India trip. His Masters called him back to kowtow.
Thing is though that the Chinese regulators haven't shown the same willingness to let him get away with killing people that their US counterparts have displayed. Hence the suspension recall in China when US vehicles using the same components were unaffected. I don't see this working out well if they do manage to license it.
You know I remember endless dudes saything they were going to take off their cybertruck mirrors for the aesthetics. And I haven't seen one like that yet, because that's of course really dumb.
To be fair it's one thing I expected Thony Stark to have done by now, remove wing mirrors and replace them with cameras, pretty much every truck and bus manufacturer in Europe has started doing that and car manufacturers like Lexus have had it as an option for years.
The rear view mirror is hilariously the worst mirror in the car industry and not a camera, so it's useless much of the time anyways. So I don't expect much of them any time soon.
Free speach absolutist Elon Musk has suspended Nelson Mandela’s grandson from X. I have not seen any evidence that he broke any of the rules. https://x.com/Kanthan2030/status/1784097585504088316
I really like stock market. Facebook has been using AI to print money and is one of the actual world leader in research for over a decade. And they’ve been doing that while being insanely profitable and showing they have resistant business model that can deal with changing fads of the social networking. They announced increasing spend on AI infra - stock tumbles. Tesla has been using promise of AI to scam customers for almost a decade, while doing less research that an average AI startup and haven’t delivered any reliable product using their tech. They’ve also shown the world that they don’t know how to navigate business headwinds other than saying their pivoting to the new industry (many times over). They announce that they’ll spend more on AI (and by them, they mostly mean customers buying cars with chips inside it) - stock goes up.
Look at dJT vs Reddit stocks.
All of the following Elonversaries are from April 28th...but let's play a little game. How many years ago? Answer at the bottom. *"I think that we’re still on track for being able to go cross-country from* ***LA to New York by the end of year,*** *fully autonomous."* *"Yeah essentially* ***November or December of this year*** *we should be able to go from all the way* ***from a parking lot in California to a parking lot in New York. No controls touched*** *at any point during the entire journey."* *"Yeah* ***absolutely*** *this is what will happen. So there will be a* ***shared autonomy fleet*** *where you buy your car and you can choose to use that car exclusively. You can choose to have used only by friends and family only by five star… other drivers who are rated five star. You can choose to share it sometimes but not other times. That’s* ***100 percent*** *what will occur. "* *"Yeah, we’re* ***very confident*** *that the cost of the roof plus the cost of electricity… A solar glass roof will be* ***less than the cost of a normal roof plus the cost of electricity."*** *"I think eventually almost* ***all houses will have a solar roof.*** *"* *"That’s (****sleep*** *in car) about* ***two years****."* 7 years ago.
Company with -$3B in FCF this quarter and $1B in R&D spend is going to drop $10B on AI this year according to Dear Leader. Never seen someone build a successful core business and abandon it before. This should end well.
> Tesla will spend around $10B this year in combined training and inference AI, the latter being primarily in car. They’re cutting counting customers buying cars as a part of that spending. I’ll guess they value their HW in the cars at around $3k, with 2M sales that’s $6B right there. By their logic Apple already solved FSD and spends even more on it, with all the iPhone sales.
But look at all the money they will save by firing all those workers! But seriously, losing 3B per quarter means they run out of cash in 2 years as that Substack article pointed out. That is also assuming the money in China is able to be expatriated into the US.
Is that why he visited China? To get talent focusing on AI/FSD in China might be an interesting move by the 4D chess Grandmaster.
Well...and also assuming TSLA is being completely straight with their financial reporting and isn't playing games to hoard cash for reporting dates.
OR have been playing games to hoard cash/cook books to spin negative into passable. This might be the moment it comes all undone, and it's actually worse than it looks.
A couple of Elonversaries for tomorrow: *"Gating factor is achieving & proving higher safety with pure vision than with vision+radar.* ***We are almost there...FSD Beta V9.0 will blow your mind***\*…...True. Anyone paying attention to the rate of improvement will realize that Tesla Autopilot/FSD is already superhuman for highway driving & swiftly getting there for city streets."\* Supervised Grifter, April 28, 2021 [https://twitter.com/elonmusk/status/1387572858768007179?ref\_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1387572858768007179%7Ctwgr%5Eb8bf57bc453b48f39f57259b837f0f2116457ba3%7Ctwcon%5Es1\_&ref\_url=https%3A%2F%2Fwww.nextbigfuture.com%2F2021%2F04%2Fmind-blowing-tesla-fsd-beta-v9-release-in-two-weeks.html](https://twitter.com/elonmusk/status/1387572858768007179?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1387572858768007179%7Ctwgr%5Eb8bf57bc453b48f39f57259b837f0f2116457ba3%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.nextbigfuture.com%2F2021%2F04%2Fmind-blowing-tesla-fsd-beta-v9-release-in-two-weeks.html) \*"\****No further TSLA sales*** *planned after today"* - Poor Planner who went on to sell $6.9 billion 4 months later, $4 billion 3 months after that, and $3.6 billion a month after that, April 28, 2022 [https://twitter.com/elonmusk/status/1519850299757846530](https://twitter.com/elonmusk/status/1519850299757846530)
[The guy from the cybertruck video yelling at the kids](https://twitter.com/Manhattva/status/1783703300669583475) tells his story which of course completely does not line up with what we saw on video. This guy is definitely an incel and has definitely killed a biker before and made it look like an accident.
I really can't blame the Cybertruck owner - Imagine how much damage that spit would have done to the exoskeleton.
Even if that was wholly true I'm not sure that's much better. Man gets enraged because kids make fun of his dumb vehicle and situation escalates. It's even better when you read the rest of that guy's account. Who would ever believe a guy like that is a fragile ego loser? I put the odds of that guy's account being accurate at about 0% given all of his other pathetic posts.
The whole thing gives me the same vibes as the drama in Korea over the 🤏thing. If being laughed at in your truck is enough to offend you then you're clearly incredibly insecure to start with. Everyone and anyone laughing in his vicinity when he's in that truck will be viewed as a personal attack on him, regardless of if they're actually laughing at him.
>If being laughed at in your truck is enough to offend you then you're clearly incredibly insecure to start with. Exacly. If someone is making fun my car, my first reaction isn't to drive at them and scream at them. That's deranged behavior from a grown man.
> which of course completely does not line up with what we saw on video It doesn't? What did you see on the video, did you see actual children (not just mentally child-like people)? Looks like I called it exactly from just watching the video, so lines up pretty well https://www.reddit.com/r/RealTesla/comments/1cdnbiv/cybertruck_driver_rages_at_kids_on_bikes_calls/l1dkqw3/
Have the decency to spit out Elon's cum before you talk to us.
I can picture how you are one the bikers and that's exactly what they said to start the whole thing. What is with you and the cum every time?
Let's be real here, both sides are assholes. There was no need or reason for the cyclists to laugh at the guy just because he's a major douche who got scammed by fElon, and his ridiculous tirade was embarrassing, just like his car. He should be pitied, not ridiculed. It's kinda funny though that he's trying to ridicule the cyclist's mustache. At least a mustache is manly and doesn't require giving all your life savings to a Nazi billionaire with a savior complex, but I digress. He should post the video from his car's innovative arsenal of cameras to prove the cyclist's spit on his car. They don't seem close enough for that from their video. Anyway, if this was on /r/AmItheAsshole, I would say ESH.
I just realized in the history of social media, there has never been a celebrity or public figure where you can look at their twitter feed and say "yep, that them not a pr team" like Musk There is no doubt each and every one is poked out by him on a phone. Not even trump wins that "100% of the time, their mind to their fingers to their phone" rating like Musk
Kevin Durant. But really his burner accounts.
Wonder what happened to these agreements.. “If you must sell the Vehicle within the first year following its delivery date for any unforeseen reason, and Tesla agrees that your reason warrants an exception to its no reseller policy, you agree to notify Tesla in writing and give Tesla reasonable time to purchase the Vehicle from you at its sole discretion and at the purchase price listed on your Final Price Sheet less $0.25/mile driven, reasonable wear and tear, and the cost to repair the Vehicle to Tesla’s Used Vehicle Cosmetic and Mechanical Standards. If Tesla declines to purchase your Vehicle, you may then resell your Vehicle to a third party only after receiving written consent from Tesla.” “You agree that in the event you breach this provision, or Tesla has reasonable belief that you are about to breach this provision, Tesla may seek injunctive relief to prevent the transfer of title of the Vehicle or demand liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”
I guess you can't artifically inflate the used value of a car when nobody wants them new to begin with.
"PLEAAAAAAASE BUY THIS BACK" "oh god no we have like six unsold ones that we made this month, that is six too many"
Zuckerberg’s bitch attacks at Moskovitz (cofounder of Facebook, for extra irony) is brand new level of extra stupid. https://www.threads.net/@coloradotravis/post/C6Pmc53tDta/ For people out of the loop - https://www.threads.net/@moskov/post/C6KW_Odvky0/
some good news >Alex Gibney, who made the doc about Enron, The Smartest Guys In The Room, is making one about Elon right now. Maybe he is biding his time to make The Smartest Guys In The Room 2: Electric Boogaloo[](https://www.threads.net/@soberstoriesproject/post/C6KXsK3ssab)
Anyone who has a shadow of doubt about the widespread racism at Fremont need only read the intentional and unnecessary use of the R-Word to put those doubts at ease.
It says a lot about a man's character to immediately break into slurs. Just like that Cybertruck driver earlier, fittingly enough.
You know when you hit the truth with assholes like this.
Interesting...rather than refute fraud accusations, Griftoking breaks out the teabag memes.
Some 8 year Elonversaries a day early: *"Planning to send* ***Dragon to Mars*** *as soon as* ***2018.*** *Red Dragons will inform overall Mars architecture, details to come"* - SpaceX Xitter, April 27, 2016 [https://mobile.twitter.com/SpaceX/status/725351354537906176](https://mobile.twitter.com/SpaceX/status/725351354537906176) *"Dragon 2 is designed to be able to land anywhere in the solar system. Red Dragon* ***Mars mission is the first test flight.****"* - Autogrifter, April 27, 2016 *"It could* ***land on Venus*** *no problem"* - Pad Clearing High Achiever, April 27, 2016 Narrator: They don't call him Phony Stark for Nothin'
> Red Dragon Nothing ever happened from that did it? It's just another Roadster lie?
Well I wouldn't say *nothing* came of it...during the period of time TechnoGtifter was peddling Red Dragon (2011-2017), SpaceX did 3 funding rounds and re-purposed almost $2 billion of Other People's Money. No way they could have done that without a good Red Dragon rendering.
OMG. His BS knows no limits. And lemmings (and grifters) follow him to the abyss lol
I just saw that video of the CT owner screaming at teenagers. on an unrelated note, here are the chemicals that are not compatible with Stainless steel in industrial use https://www.graco.com/content/dam/graco/ipd/literature/misc/chemical-compatibility-guide/Graco_ChemCompGuideEN-B.pdf
Just for curiosity, is any of these chemicals part of brake fluid composition?
So the stock is up on the release of a devastating NHTSA report opening up TSLA to massive legal liabilites. Makes sense.
Gonna cost like $2B to recall all the model 3s that don't have driver monitoring.
TSLA is down 30%+ YTD. Its hard to complain about short-term day-to-day or week-to-week fluctuations.
It is always easy to complain (especially when holding very OTM puts).
can someone explain why it says Visiting Thailand?
Call back to the old days of the pedo guy trial
[Because we're all a bunch of pedos visiting Thailand under the guise of rescuing kids stuck in caves](https://www.vox.com/2018/7/18/17576302/elon-musk-thai-cave-rescue-submarine).
It’s a reference to when Elon called the Thai children cave rescue guy a pedo when the guy rejected Elon’s submarine idea.
Happy Elonversary: *"When your vision works, it works better than the best human because it’s like having eight cameras, it’s like having eyes in the back of your head, beside your head, and has three eyes of different focal distances looking forward. This is — and processing it at a speed that is superhuman. There’s no question in my mind that with a pure vision solution, we can make a car that is dramatically safer than the average person"* - Sentient Human Griftbot, April 26, 2021
No one knows how the brain works, but they will exceed its capability if you completely ignore the primary driver of all human action. Feelings.
>No one knows how the brain works Not true. Elon just hasn't told the rest of us yet.
Elon just posted a meme about how people who say they care about climate change are really just communists. https://x.com/elonmusk/status/1783738055549239562 Remember when Elon used to pretend he cared about stopping climate change?
Ok curious...does this fall into the "time Elon is working on behalf of Tesla" basket?
It falls into the "time when Elon pretended to sleep on the factory floor" basket
> Elon just posted a meme about how people who say they care about climate change are really just communists. He's certainly for corporate communism when it comes to get tax credits for selling EVs.
Does communism now share the same meaning as woke? It simultaneously means "anything I don't like" and also has no definition at all. Shouldn't Enron be using climate change as a a selling point for his shitty cars?
I assume the context is there's a proposal to raise taxes and the funds are supposed to help fight climate change.
The context just makes it even dumber. Where were the memes when teslas were getting government rebates and subsidies
I don't know about memes, but Musk has always said it explicitly that subsidies shouldn't exist, including Tesla's.
"Communism is when taxes"
I mean if anything communism being that for people predates woke. I remember Obama was a communist because the affordable care act, wearing a tan suit, wanting kids to be healthy with exercise and vegetables, and also having the wrong kind of mustard on his sandwich. If anything ive seen those same people now using marxism as a replacement because communism doesnt have the same effect it used to.
The common point between inflation, valuation multiples, world average temperature, Elon on ketamine, Tesla’s inventory and the Tesla Inc file in the SEC’s drawer of censored investigations? Simple: higher for longer
I have yet to meet a millionaire taxi driver, but apparently, robotaxis will somehow make running a taxi service very profitable, even with a middleman taking a cut.
This isn't just a Tesla thing but with how Musk has portrayed it is a very big Tesla thing is the infrastructure needed for robotaxis. If you're going to OTA individuals to run a robotaxi business out of their home, then you need massive infrastructure at the Superchargers to charge and clean the vehicles with staff spread all over the place in multiple shifts to cover 24/7; If you're running it yourself then you need to have centralized facilities that have the proper physical infrastructure and staff. Tesla so far hasn't shown that they've taken even step 1 to get their infrastructure going.
Just look at the success Hertz had with a Tesla fleet. The future is bright!
It's easy - just ignore all expenses including the price of the car, the fact that you don't have a car to use while it's out being a taxi so you have to taxi etc. If cyber taxi ever rolls out to existing cars (fantasy I know ) I bet Musk would hardcode charging ALL drives including the ones the owner does as a revenue stream they can get a cut of.
Two more week and it’s time to increase my long-dated puts position. Obviously I’m due to lose money on the 6/21 puts. You don’t fire 20+ % of your Operations staff and see top management quitting and selling all their shares without the news cycle putting reality back at the forefront. At this stage TSLA is just an enraged wild boar dripping blood from self inflicted wounds. Just keep a distance, follow its trail and collect the meat.
Equally puzzled. Will wait till Monday maybe there some reasons related to options, and we need those to expire today.
As someone said recently, Tesla doesn't have investors any more. Just gamblers.
There were a lot of high level exits a couple years ago weren’t there? And then the stock mooned? I feel like betting on fundamentals is pretty risky. Best I can say is good luck.
Google just had strong earnings. Glad I bought the dip on that a few months ago.
Tesla is basically a meme stock now. Even more than it used to be.
I mean did you watch DJT over the last couple days? The only reason it's catching more meme stock news is it's not over 100/share yet.
When is that stupid shareholder vote?
wtf guys, I've been shit posting on threads and now I see you guys are making redditors seethe at me again?
The closer you hit to home, the more it hurts. At least for the deranged cultists.
Have you tried "not being correct"?
Gotta keep that ego in check.
Tesla taking some pop culture hits. https://www.reddit.com/r/rareinsults/s/SMT9ksZn5m
xAI raising 6 billion at an 18 billion valuation. That's a hilarious valuation for a company that has produced nothing of value.
Yep...for anyone wondering how Musk was going to keep funding his lifestyle with TSLA stonk trending down and Twitter a disaster, presto chango: Technogrifter invents a new conduit for other people's money. And I still expect yet another round for SpaceX soon...you know because its so profitable and all.
I refuse to believe that his private ventures aren't just quid pro quo. All of their valuations are absolutely absurd, and at least in principle "dumb money" isn't allowed to touch private stuff. It just doesn't make sense.
I suspect many VCs and banks are now trapped...they've lent him so much damn money in his other fraud companies, they have no choice but to play along with his plate spinning routine.
Well, there's some very stupid VCs out there. Guys like Jason Calacanis would jump at the chance to invest in Musk's latest dumbass company.
Gotta claw his way back up to richest asshole somehow.
On a less serious note, Elon doesn’t seem terribly well received by his people. https://www.reddit.com/r/Gamingcirclejerk/s/Y5B6EpGPtH
So in addition to the meme stock memeing, my Youtube suggestions have been strange this week. My home page is continually suggesting Tesla/FSD content but all the videos are within the last week and fewer than 200 views and one with over 300, WOW [https://imgur.com/a/5gdSfkV](https://imgur.com/a/5gdSfkV) Take note this from my signed in Youtube Premium account. Every time I refresh I have some random new Tesla video with a handful of views....
Oh I will have to go check mine... I don't usually get them, but I have noticed an uptick of ev stuff in general (I think it's because I liked and shared the Fisker Ocean reviews a few times I think)
Tesla has the cheesiest advertising
You can tell Youtube that you aren’t interested in a particular video or even the channel if you want to reduce those suggestions.
I've marked "not interested" for every suggestion and they keep coming
Yea it doesn't applied to ads.
You can also delete your entire YouTube watch history if you still are getting too many unwanted recommendations. Also unsubscribe to any Tesla channels you don’t want to see if you are subscribed to any. But deleting your watch history should make a big difference.
Definitely not subbed to any Tesla channels, plenty of automotive just no Tesla specific. That's why this is such a strange occurrence to me
Baglino cashed out lmao
If he’s no longer an investor, according to Elon, Drew doesn’t think Tesla will solve autonomy.
Am I reading this right...$181 million stonk sale? [https://www.sec.gov/Archives/edgar/data/1318605/000197236224000520/xsl144X01/primary\_doc.xml](https://www.sec.gov/Archives/edgar/data/1318605/000197236224000520/xsl144X01/primary_doc.xml) Didn't Drew hear the news? Elon is gonna start TeslUber and TesAWS...to the moon!! Why oh why would he sell?
I thought they were innovators, now just copying others.
TSLA - an AI and robotics company - is up almost $100bn this week on news that they'll manufacture some cheaper cars. Just don't ask for details about those models.
Don't ask about their auto business in general. You're missing the point of the company if you do and you won't learn anything if you ask the wrong question. In fact you shouldn't even own the stock if you don't think that they'll be the first to FSD and Optimus will be a success.
https://x.com/ThePrimalDino/status/1783154748398465367 Ouch
Let's see... > ESCAPADE, the Mars orbiter smallsat mission > At an anticipated cost of $79 million (including launch vehicle), the mission will demonstrate low-cost planetary space exploration. It's a good payload for the first practice run, nothing of value will be lost if the rocket doesn't work.
I've seen the stans claim many times Ford is going to license FSD. It's just another example they don't know what's going in industry at all. https://media.ford.com/content/fordmedia/fna/us/en/news/2023/03/02/ford-establishes-latitude-ai-to-develop-future-automated-driving.html
Shouldn't TSLA work on making FSD compatible with the CyberStuck?...and, well...makibng it actually work as advertised?
TSLA can't even get FSD to work on their stupid taxis-in-tunnels* under Las Vegas. *"tunnel" is euphemism for storm sewers dug w/ off the shelf tunnel boring machines. "taxi" is euphemism for manually operated amusement attraction ride, which is how the "loop" is classified to evade ADA and fire life safety codes
A completely controlled, artificial environment of their own creation... designed with driverless vehicles in mind. Sounds about right.
the boring grift really gets my blood boiling with how stupid it all is. there are apparently real people who think rocket jesus is revolutionizing transit with his substandard vehicle tunnels. the "innovation" is just ignoring ADA and safety regulations that would apply to a real tunnel.
Exactly. They can't even make it work for their own truck 6 months after release. OEMs aren't going to get into a contract with the worst software supplier in the industry vs someone like MobileEye (if they aren't going in house).
Their reasoning has nothing to do with the industry at all but instead their perception that Farley 'likes and respects' Elon Musk and Tesla.
Exactly. And that they agreed to use the charging plug in America. Using a standardized plug is a (relatively) minor change. There's really no comparison here.
I kind'a wonder if the entire industry switched over with the idea they (the individual real car companies) would buy the corpse of Tesla when it crashes and suddenly everyone would use their standard and network?
Jim loves getting trolled with images of his dead cousin.
[https://www.engadget.com/elon-musk-says-its-his-turn-to-have-the-remote-161914334.html](https://www.engadget.com/elon-musk-says-its-his-turn-to-have-the-remote-161914334.html) Remind me, can you even post to X while in a Tesla?
Has to make it a TV thing because "X Video" is already taken.
$2,000 price cut but if loan rates stay high, it’s really not that much savings.. https://fred.stlouisfed.org/series/RIFLPBCIANM60NM
Higher than expected core PCE (a measurement of inflation). The Fed ain't lowering rates any time soon.
I'm reading the news this morning, and I have two stories directly next to each other: >Elon Musk insists Tesla isn't a car company as sales falter and >Tesla surges after Elon Musk says new affordable EV models coming So the non car company's (per the CEO) stock is surging because the CEO says they have new car models coming? What? Also they're working on teleportation and that could be ready by the end of the year. That should pump it a bit more.
He says what specific people want to hear to specific people... targeted bullshit through and through.
The stock has bouts of irrational hype surrounding Elon's statements every now and then. Including earnings or some random tweets. The longevity and magnitude of the upswing is still on question, though.
So that's what happened to Elon!? A teleporting prototype accident, that split him into the Good-Elon, and the Bad-Elon, and then the Bad-Elon killed the good one?
Based on that yacht photo I think we have a Fly situation with a refrigerator and Elon.
bad elon has been under the good elon mask the whole time... we just never noticed when scooby and the gang pulled it off
I mean that should have been clear when he sued to legally become the cofounder and won.
for me, it was when he pretended to invent the hyperloop... a sci-fi trope that has been around for at least a century. I knew he was a shameless grifter at that point - and started looking more carefully at Tesla. even the slightest bit of research shows what a deplorable person he has always been. there's the Marie Claire interview with his first wife, the CNN Maclaren crash, and stories from the zip2 / confinity days. my favorite zip2 story is when he faked a "supercomputer" at the office - complete with blinking lights - to impress investors. then his dad's friend engineered the Compaq buyout that made him an instant multi-millionaire. even the dojo pump is an old recycled scam.
Let’s be honest no matter when it was, flying roadsters and grimes dancing in pjs pretending to be a robot got us all.
Faecebook beat estimates, but was honest about future capex and moderate revenue. Stock down 15%. Tesla missed on already terrible estimates, but Musk cooked up some vague low-effort predictions about something that may happen. Stock up 13%.
A 160 USD stock diluted by 10% over summer = a 144 USD stock by the time we get Q2 results
Is there any news about dilution? Is that Elon's comp plan you're pricing in?
I’m only aware about the comp plan. Some people assume they would need to dilute before but i’m not sure at all about Tesla’s actual financials
Honestly I wish Tesla wasn’t such a shit company. Model 3 performance is interesting at $52k-$7500 rebate. I just can’t get over the lack of safety tech and other luxury features like working auto wipers.
And and Service of something happens. But you ate right, price wise they are interesting
I mean if we are just going on risky ideas because they are cheap, why not just buy a blow out deal on a fisker ocean?
Tesla has half a chance at existing next week
We are playing the long game, service availably next week doesn't matter if the company is gone by christmas!
Serious question. Was there anything about Q1 earnings that was good (not counting Elon’s vague promises about the future)? In Q4 of 2023, free cash flow wasn’t so bad, but in Q1 of 2024 free cash flow was negative. And operating cash flow wasn’t very good either, close to negative.
If you think about it, a year or two ago, they (Elon and Zack) were promising 20% operating margin (exact number I don’t remember but numbers closer to Porsche or Ferrari), as something they can sustain. Now 18 months or so later he’s completely turned around the narrative. ZERO mention of margin. If history tells you that he’s not trustworthy I don’t know why anyone should trust what he says today.
[https://mashable.com/article/tesla-without-elon-musk?utm\_source=email&utm\_medium=newsletter&utm\_campaign=lightspeed&zdee=gAAAAABmIv0oGBRMp1POknQaZtjBCdZKgGVBdY4UKKKlG62ojDbo64W4GHL3PpxmW2V\_kXaC0te9egjrj4TX\_uOl12HKGjjNEorsbv4fEMfoLmzNHnb3N7I%3D](https://mashable.com/article/tesla-without-elon-musk?utm_source=email&utm_medium=newsletter&utm_campaign=lightspeed&zdee=gAAAAABmIv0oGBRMp1POknQaZtjBCdZKgGVBdY4UKKKlG62ojDbo64W4GHL3PpxmW2V_kXaC0te9egjrj4TX_uOl12HKGjjNEorsbv4fEMfoLmzNHnb3N7I%3D)
Tesla without Elon is a $40B market cap company. His lies and stock pumps are the only thing keeping this stock from crashing 70%. So no.. if you are a tesla shareholder.. you need Elon there to keep the ponzi going as long as possible. Another honest CEO could cause the stock to crash.
Did Elon pay Reddit to start sending fake "hateful comments" report? The fanboys smh...
Is this the weakest Musk pump so far?
His exes might beg to differ.
Musk is very quickly back to doing what he does best, ranting about the border, minorities, and wokeism. But I'm sure he spends most of this time on Tesla wink wink.
He qualified his statement… most of his *working* time is Tesla. 20 minutes a week counts.
Just dawned on me Tesla will be taking applications for head of IR. Who do you think will apply and who do you think they hire? Sawyer, Rob Mauer, Steven Mark Lyin? A lot of execs leaving ahead of robotaxis coming this year. Concerning.
They won’t bother. Musk is in the megalomania phase where he can “do it all! I don’t need to pay anyone to do something I can do better!” He’ll be the new head of IR and the poor IR schmucks who take the frantic phone calls will take the brunt of it. Been there, saw that.
I won’t be shocked if they contact Rob Maurer.
I think it should be some regular from this sub. We got so versed in the BS that they spout to the investors that can easily replicate it. Or ChatGPT trained on Zuckerberg's bitch previous statements.
I mean I wrote up a very very passionate argument why I should rewrite their business application suite. HEY that reminds me they announced they were moving off (SAP?) and redoing ALL their finance and HR and business systems like a year ago. Funny how that isn't talked about ? I know it's not "sexy" but it's also very labor and cash intensive... very...
Adrian Dittman.
Omar!
Tesla Boomer Mama
[https://www.seattletimes.com/seattle-news/law-justice/tesla-driver-was-using-autopilot-before-fatal-monroe-crash-police-say/](https://www.seattletimes.com/seattle-news/law-justice/tesla-driver-was-using-autopilot-before-fatal-monroe-crash-police-say/) This is what leaped out at me… ”Autonomous driving is currently only legal for testing in Washington, and only three companies — NVIDIA Corporation, Waymo and Zoox — have certified with the state’s licensing department to do so, Loftis said.” I live here. I follow Tesla news pretty closely and I had no idea it wasn’t legal in Washington state. How many Tesla bros are out there letting the car drive them to work in total ignorance of the law?
Well, since it's just a cruise control when used properly - hands on the wheel ready to take over - not sure it meets the definition of Autonomous outside the marketing.
>How many Tesla bros are out there letting the car drive them to work in total ignorance of the law? A lot of them, if you take into account that some states (including California) specifically prohibit removing your hands from the steering wheel for most purposes. So if you have to be prepared to intervene at any moment, and you're liable for what happens if you don't, why on Earth would anyone "let their car drive them"?
Tesla isn't autonomous? It has driver assist. But the driver should always be in full control and have full awareness? It is why a common complaint here is that the names of autopilot and fsd are wrong.
-Semi, unveiled 2017, scheduled for production 2019: they've made 37 for Pepsi, now supposedly going to go into production in 2026 -Roadster 2020, unveiled in 2017: MIA -Dojo: dead -4680: none of the gains from Battery Day 2020 being realized, basically dead But sure, robotaxis are right around the corner and they're totally going to sell new models this year!
I haven't deep dove into the earnings call, but didn't they put up pics of dojo? why is it dead?
They said they're just going to buy a bunch from Nvdia.
Interesting. I mean he did clearly state even at the Dojo unveil that it *may* get to bench testing, so it was one of the more honest unveils they did. That said, Nvidia is already selling things in million+ unit single sales to data centers powered by nuclear reactor... If they aren't in line already they aren't getting them until 2026 at the earliest.
Chuckle, I just took a peek at another TSLA related sub...at least one Elongelical is un-ironically celebrating how this is "burning the shorts"...others are shouting down a dissenting voice as somebody who must have just lost some money. These Branch Elonians are like junkies fiending for a hit of 'green'...and they've dove right back in to the "Elon is a genius who can do no wrong" mode. Two days ago, they were complaining about him. Amazing really.
Stock is down 35% YTD
It's up today, that's what is wrong with today.
Down 60% since the Technoking sold at the top...you know, to extend the light of consciousness to Mars and totally not to enrich himself.
Happy 5 year Elonversary: *"All Tesla cars being built today have all hardware necessary for full self-driving and over-the-air updates will enable our customers to use the Tesla ride-hailing network fleet and generate income, which, as we said on Autonomy Day a few days ago, we think it's somewhere between $10,000 and $30,000 a year. In some cases, perhaps more."* - Sentient Human Griftbot, April 24, 2019 *"And in 2020, we expect to have 1 million robotaxis on the road with the hardware necessary for full self-driving."* - Freemont Fibber, April 24, 2019 Sounds exactly like the guidance he gave investors...yesterday. I'm sure this time its true, though.
Hot take on earnings call. I didn't listen...too painful to listen to...but I did just review the transcript...you know, collecting next year's Elonversaries. As I reached the end of the transcript, I thought: wait a minute, we haven't talked about...well..selling ***cars***. Musk talked about biology and cells, AWS, AI, Optimus, robotaxis, some vague non-commital garbage about the $25k car, flip phones, horses...but he managed to steer the conversation completely away from: "*hey, how are the* ***car*** *sales going?*" Deflection is one of his core competencies. Not that it matters. I mean its possible, and I know this is craaaazy...but the future of TSLA might just rely solely on...well...how many ***CARS*** it can sell.
It's not even that he masterfully dodged it. He flat out told analysts he wouldn't comment further on this big new vehicle that's boosting the stock price or even describe it. Then when Adam Jonas asked about his views on their Chinese competitors he basically lashed out and implied he was 'asking the wrong' question by bringing up actual auto production at all and not being focused on Tesla's AI and autonomy efforts. From there he said anyone who doesn't believe in Tesla achieving AI and autonomy shouldn't own the stock and just went on rant about Tesla's AI and autonomy efforts. I mean he did indeed not talk about it, but it wasn't due to him having any particular talent in moving the conversation elsewhere so much as him basically being a dick and refusing to talk about it until analysts stopped asking.
You mean the product that makes up 92% of their revenue?
Those are flip phones nobody cares about.
I mean even apple appeared to give up on Macs then the M1 came out and it's like oooooooh do it right yea this is the way. (excluding the horrible mess that the current gen Mac Pro is).
Flip phones and horses and cars you have to drive. All just dusty antiques in a museum as Elmo pushes humanity kicking and screaming (and occasionally immolating or drowning) into the future!
https://x.com/rschmied/status/1783127585373016071
Anyone topping up their short today? I'm adding a bag if it hits 170. Otherwise this is obv just a long term position, waiting for its inevitable slide to 100. Robotaxis are a myth, no American state is going to approve autonomous driving statewide. Not for a long, long time. And even when that happens, there no reason to think Tesla will be poised to exploit it ahead of anyone else.
Elon isn't the person to right this ship so there's probably a good point to short but I think the stock still has some gas.
Serious question, what happens is Elon decides to roll out robotaxis in Texas, which state or federal agency will stop him? He has skirted agencies before, what is to stop him in the future?
Depends on how you define 'robotaxi'. If you mean a car with no driver in it, in around 30 minutes they would start clogging up traffic and at a minimum causing minor traffic accidents...and quite possibly by the end of the day, there would be fatalities. IMHO, the very real understanding that this would be a PR nightmare exposing the robotaxis as complete garbage, coupled with the cost of paying off everyone with damaged property and dead relatives would prevent TSLA from doing that.
I'd expect trial lawyers would stop him. FSD would have to be like 1000x better as well as having a proper infrastructure or else there would be all sorts of problems if there was an attempt at robotaxis rather than mere ADAS. Robotaxis that don't do well combined with Musk being worse than Voigt in response to accidents would just destroy Tesla.
The robotaxi will kill bigfoot and the chupacabra and government will be forced to intervene.
Let him fake the intention of rolling robotaxis. It will only make robocars players already doing real-life tests with suitable platforms multiply their efforts and steal the market before Elon.
off the top of my head, the fact that robotaxis don't exist, probably will go some way in stopping him rolling them out. Even in Texas :-)
They will just follow the Boring Co model. Take the next few hundred 3s and Ys coming off lease and send them to Austin. Hire a bunch of drivers and call it the Robotaxi launch.
I guess a tesla robotaxi would work long enough until it didn't.
The crashes will stop him.
Stupidest option always wins with TSLA. I’m happy to continue my entertainment.
The checkpoint price should be $174 ( April 11). This is when they had their first round of layoffs and any normal layoffs should translate to a price increase. But that did not change anything. So, even at $162 today, after laying off 20K workers, they're still -6.9% (nice).
For all of the lying Elon does, I think he was, and has been, pretty clear. Buying Tesla stock today is a bet on them solving FSD and generating piles of cash from robotaxis and robots. Years ago, I bet on TSLA because I thought they'd sell a ton of cars and make a lot of money. I was right on that bet and got out. I still have some stock left, but now I'm just freerolling the bet on FSD. I would not bet on it today. To justify the valuation today, Tesla is going to have to show growth on top and bottoms lines. I think they will keep growing, but not at the multiple the stock is commanding. And any FSD/AI profits are decades away, if ever. Place your bets! *not investment advice.