Robotaxi's Impact To Tesla's Valuation.
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- Опубликовано: 7 апр 2024
- The Robots Are Coming www.farzadmesbahi.com/merch
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I worked at Tesla starting in July of 2017 as an Operations Analyst out of the Bethlehem, PA distribution center facility and left as a Program Manager based out of Austin, TX as of September 2021. I spent most of my time in the distribution and supply chain organizations.
Before Tesla, I was a Director of Business Intelligence and Pricing at the largest Pet Food & Supply distributor in the US, Phillips Pet Food & Supplies based out of Easton, PA. My wife and I also owned a small business in Bethlehem, PA between 2016 and 2019.
I have been a shareholder of Tesla since 2012 and currently own Tesla stock. Nothing I say constitutes as investment or financial advice.
My thoughts are my own and are not representative of everyone who currently works, or has worked at Tesla.
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Its because Elon said fsd will come for 8 years, lost confidence is the reason tje street wont give credit until its fully out on roads. Farzad is 100% right
Good.
And they shouldn't give credit. If you go through all the things Elon said that never happen or are so different then what he says there should be no faith in anything he says. Show it or it is vaporware
but perhaps they will value the mass market vehicle numbers before they happen because tesla proved that with the 3 and y.
Can someone explain me why Tesla as a robotaxi company is such a big deal. Transportation is a very low margin business and this will compete with cars, regular taxis, public transport even bikes so where is all the profit going to come from?
@@dangrecu4034 I can - Elon has trashed TSLA so badly he has to hold up shiny objects and tell investors to "Look here and not at the stock price of TSLA"
I don’t think Tesla is betting the company on FSD. They also have a best selling car, the supercharger network, stationary storage, Cybertruck. Oh and a robot. I just wish I had $$ to buy more stock 🤩
FSD is actually required for the Robot to work. FSD using neural nets is the same thing as solving computer vision.
It is a big deal honestly and it unlocks allot of licensing revenue potential for all kinds of use cases outside of purely Self Driving.
Yeah, but none of those are making any meaningful revenues (earnings) - yet. But in the future, if those items can be monetized appropriately in a meaningful way, then it'll all help
@@michaelpalmer1384their cars are like all the revenue...? plus margins on storage is even better and hitting records
@@Dr.Octogonfsd being fully operable on roadways is not required for the bot. FSD may encounter much more regulatory risks that hang it up due to safety concerns that do not necessarily apply to bot
@@patrutherford9600 Tell me how much revenue is being made by Tesla from products outside of car sales (lol)... and then tell me if that revenue is meaningful in your opinion
Tesla is going to crush the car industry
Agree 100% it's bitter sweet
@@Michael-il5wd American's will NOT Sell there CARS to only USE ROBOTAXI
It is all smoke and mirrors until earnings going up, that's the only metric I currently care aboot
Farzad, well said! Even after I made a ton of money on Tesla after buying in 2019 /2020 and again Jan 2023 even my own relatives think I am crazy when I tell them that if Tesla keep executing like they are they will be one of the largest auto makers as well as solar/ battery producers in the next 5-10 years. Wall Street won't see it until it's reported on a 10k
This was extremely well spoken and stated perspective. Thank you.
When TSLA is willing to take the full insurance liability on vehicles when fully operated in FSD mode, this would be the point of mass adoption.
That's not happening any time soon, and the same statement applies to any and all licensing deals. Otherwise, FSD is worth peanuts.
@@free-qe6wx Why would it be worth peanuts if they assume full responsibility?
Can someone explain me why Tesla as a robotaxi company is such a big deal? Transportation is a very low margin business and this will compete with cars, regular taxis, public transport even bikes so where is all the profit going to come from?
@@dangrecu4034 Because hey can make low cost cars, robots have no labor costs and they control the insurance business... AKA they are going to undercut everyone else and basically take the vast majority of the market. Combine that with in car gaming or productivity software etc. The TAM on this is pretty huge if you start running the numbers.
@@johnfurr6060agreed. the numbers are boggling. even conservatively. margin ability is expanded due to not having the highest cost ticket item in the car....the driver. after that just getting creative in media services you may tailor to the business to increase revenue as an option
Nailed it ... well done
FSD and ROBO taxi are impossible,……just like reusable rockets.🚀 😉
@farzyness, as always great show! What is being missed from a competition point of view is that you can't implement FSD using end-to-end net with sensors such as LiDAR, as there are no data to train the neural network. With pure vision you can use human drivers data to train. All FSD vendors that are sensor based must initially go the heuristic rule based labeling and coding way, which will always have limitations.
When you do excerpts from live podcasts, can you link the full podcast somewhere…like in the description or pinned comment 😅
Mahalo.
Show me the Money!
the most logical thing, to put the FSD into operation more quickly. It is using existing models with small changes, automatic doors, more resistant seat upholstery...
Maravilha de live muito esclarecedora conhecimento e vida nos liberta
Maravilha de live muito esclarecedora
If at the Robotaxi announcement on 8/8, Tesla announces and demonstrates that they can produce and deploy 250k or more Robotaxi vehicles to a single metropolitan service area such as San Francisco in 2025, using their new un-boxed manufacturing process at Texas Gigafactory, the analysts and institutional investors will certainly take note and respond accordingly in their analysis.
This would show to the analysts and the Market, that Tesla is attempting something that they have not seen from WayMo, Cruise, Mobileye and the other “autonomous vehicle companies” currently operating in several cities. This would demonstrate to the world, Tesla’s ability to scale rapidly and dominate the passenger transportation industry on a large scale. By selecting a city like San Francisco, where several autonomous taxi services already exist, Tesla will be able to demonstrate that they have no competition. Consumers will be able to directly compare Tesla’s Robotaxi service (response times, service areas, availability, dependability, speed and cost) with the limited geofenced services offered by Waymo or Cruise; or the services offered by taxi companies, Uber, Lyft, and car rental services and decide who offers superior service and value.
milestones..
a. apply for necessary approval in any state in USA or other more freindly country
b. get approval to roll out test at level 4 as in Waymo cruise
that will be validation of their hardware and software in car adn backend too that can deliver to support the Robotaxi solution
they can test it in any of the cars on such a small scale.
once that is done.. then we know we are close. other than that its potential wishful revenues
in terms of potential profits I do think that Robotaxi wld be far more compaq car
Stock pump, Q1 must be totally brutal.
FSD mentioned since 2016…around the corner since 2019.
Dude 😂, ”stock pump” you gotta be trolling
This is one of those things that they have to get right the first time and they can't rush. There's always delays when it comes to new technology because management always pushes for aggressive time lines and engineers do their best to keep up but eventually fall short. It's already being used by a small population but that's about to change overnight.
The timing is extremely suspect as earnings are in a couple weeks. Trying to put a floor underneath the stock price? I think so. Many more questions than answers with the so called unveil.
Nice... but.... Giving you credit for mentioning you thought this was an AWD Long Range... The OLD Model 3 was already competing with A4, C-Class, 3-Series... so comparing to Corolla, Camry, Ford Taurus in any way really (even regarding customers) is not appropriate. When you have a chance to review the Long Range AWD and/or upcoming performance, it was be great to address this... Thanks for all else you do! Appreciated how unbiased you try to be, considering your longstanding relationship with Tesla. P.S. Remember to include in Performance Model review, how it will certainly directly (not in price, but in performance/handling, etc.) compete with Porsche, Ferrari, AMG, M Series BMW, Corvette, etc.
Tesla is next in Q after Nvidia for a parabolic run when the market wakes up.
Until the money shows up on the income statement and balance sheet, it won't
Not sure about that. I pretty well remember Nvidia's revenue growth stagnant while there were articles with Huang talking about "unprecedented demand" and before it showed up in the income statement, the boat was already sailing. Doesn't have to be the same with Tesla but it's easy to miss it as the stock is the lowest when it seems most pessimistic
@@MusicAndParkour To counter point tho.. Huang never once rocked the boat and pissed off half the country. Elon does it almost daily now. I know the cyber bulls don't think this matters, but they are in fact wrong. Tesla will still win tho.
@@MusicAndParkour Time will tell
@@michaelpalmer1384 Exactly
All these doubts by Wall Street is just buying us more time to buy more stock, this you can be thankful for!
Cheers
Well I have one last bonus coming my way to dump in more shares. 2100 shares right now.
The value of FSD for Tesla is still unkown. If all it takes is the use of a GPT and cameras then the value of FSD to Tesla may be quite small as other companies could easily copy it so the price that Tesla could charge for it could be quite small.
The economic value of FSD may well be captured by the customer rather than Tesla.
It's not going to be a GPT... this is vastly more complicated. GPT is very cool, but it's rudimentary in comparison here.
That's why it's a good move for Tesla to give FSD to the other car manufactures at only the cost of the in-car hardware. The customer will pay a subscription or per mile fee. This may stop, or slow FSD development by other companies since Tesla may have things sewn up.
Don’t know you Farzad but you’re logical and reasonable. I’ll be keeping up 👌🏽👌🏽
Good afternoon all
Battery warranty is currently 150000 miles. A robotaxi may cover this miles in 6 months. How the warranty part work after. I think a battery swap/subscription model may be required for long term survival.
That’s correct. The warranty is 150 000 miles. A robotaxi would not cover 833 miles/day. A robotaxi would be hard pressed to cover half of that per day. Also, just because a Tesla would reach 150 000 miles it would not mean that it would require a new battery pack. Also, if and when we reach these crazy high mileage situations, the battery packs that will require a swap will cost a lot less than they do today. We also have to remember that even if the battery pack would need replacing, an owner or a fleet owner would gladly pay for it as it will be a money making no brainer.
@@macioluko9484 Money making is a different question for taxi fleets. Who will call for taxi of every car can subscribe robotaxi. Uber and Lyft may bankrupt soon
The biggest risk, the way I see it, is not whether Tesla perfects FSD or not, it's whether the Government(s) of the day approve it's widespread use. As it stands, Elon is a thorn in the side of any potential government, given his influence on X. It's highly likely that they will impede it's implementation.
politicians are bought and Elon has money
Elon’s rightward shift, and move to Texas, have made him extremely popular here. Tesla will be the biggest employer in Texas in 2024, and SpaceX, Boring, etc have a big presence.
Exactly! That is the difference to grow the car business. Robotaxis are a service that needs the approval of governments! If you don't give this approval to a foreign company you can support you own companies with that. And these governments can change the rules every day (e.g. China)...
@@GregoryFoster-fb5qjif he’s so popular, why can’t Tesla sell its cars there?
@@ArendJanVI bought a Tesla in Austin last year. Technically there was one line in the bill of sale that said “California”. That’s to get around dealership monopoly laws. It doesn’t actually make it any harder to buy a Tesla in Texas, and probably 90% of buyers don’t even know it happens.
If the Robotaxi business model includes current fleets Tesla’s valuation will be increased instantly!!!
I agree that the market is not yet ready to get behind FSD. I got the free trial, and started using it right away. I find it pretty amazing, but it scares me when doing uncontrolled turns, going through flagman controlled construction zones, and traffic circles in heavy traffic. Mostly because I'm thinking how I would handle this situation while trying to foresee what FSD might be planning to do. It's brain overload for this supervisor, so I'll disengage. I find many drivers making more assertive and risky moves than FSD does in heavy traffic, leaving FSD waiting. As a result, drivers piling up behind me get more and more frustrated. That said, it's very good in lighter traffic.
1:32 What an insane question. The market will definitely not give Tesla credit for anything until it smacks them in the face in earnings reports.
NY has 13k cabs / Robo's ?
Is Tesla nixing the model 2?
I would like you guys to address the elephant in the country which is that so many people like to drive their own cars. With that being said, I think this means that the adoption of robo taxi will take longer for our culture to embrace than Tesla and the fan club thinks.
I am a believer but I think it's a very overlooked subject.
It will be a slow rollout but eventually humans won't be allowed to drive. That may sound dystopian, and it kind of is, but that's the reality of where we're heading. Human's desire to drive will only slow the rollout, it won't stop it.
We're a long, long way away from humans not being allowed to drive, but it's a certainty that's where we're heading.
I agree, lot of us love to drive. The only time I would want fully self driving is if I’ve been on the terps at a boozer. Now how often does that happen, at most 3 or 4 times a week.
Surely the elephant in the room is right now there seeming to be no clear path to get to a situation where you have no necessary interventions over hundreds of thousands of miles.
Who drives their own taxi?
Robotaxi IMO obscures what the true power is of this technology. People want to own cars but that will change over time. What people want now is safer and more exonomical transportation. And L4 autonomy in an EV can do that. The shift will first be to owner occupied autonomous driving then L5 Robotaxis.
Even in 20 years time I believe 80% to 90% of PVMT will be in (owner occupied) autonomous vehicles and 10% to 20% in Robotaxis.
Regardless of Robotaxis, almost all miles travelled will become autonomous. THAT is where the value of FSD lies. It is separate and distinct from Robotaxis.
y'all need to get outside for the eclipse before long, if you're in the path - Austin is in the path. 😎
Robotaxi has just a market in the States, but new Generation car has largely bigger market in Europe and Asia!! So it's easy to evaluate the importance for the Future of Tesla and the stock value!!!
the difference from 2016/17 is that tesla had not proven their ability to ramp a mass market vehicle...but since they have...the street should assume they are capable of achieving the numbers they will state and perhaps value that before actualization.
Serious revenue for Robotaxi is years away. Here are some 0:10 key areas. First production. How long will it be before Tesla can crank out model 2/ robo version in meaningful quantities? Meaningful enough to lower production costs Second production process how long will it be before Tesla can solidify the production process so that they build new factories that on multiple locals and then build those factories. Third where will Tesla trial robotaxi and how long will it take to secure a trial location and then run the trial. Fourth will Tesla self insure and what limitations will it encounter in licensing in key jurisdictions. Fifth business model and fleet operations such software. Will Tesla expose this at launch. How long will it take to develop and trial the fleet software. Will there be several business models- e.g. one for fleets and one to turn current consumer own cars in to taxies ? Six fleet partnerships. Who might Tesla partner with and how will these develop. Not sure that Tesla can go it alone. Is the Herz? Uber? Think also the infrastructure needed to service clean and repair fleet vehicles? Seven training FSD for different driving realities. I’m vacationing in the Dominican Republic and the rules of the road are you don’t obey the rules
I watched a story recently about GM sharing EV driver's driver log and information on how users drive with insurance companies and many had their insurance rates raised due to their driving habits and were penalize by the insurance companies. If I drive with Teslas FSD full time---shouldn't I get the lowest insurance rates possible? That would be the advantage of buying and using FSD to me. I want lower insurance rates, safer drives and lower risk of a crash. I'm hoping Tesla's FSD will change everything.
With Tesla insurance, driving metrics are not counted against you when autopilot is engaged except not wearing your seat belt and late night driving.
It is still going to be years before we can concider Robotaxi in Tesla's valuation. The reality is, this software, as good as it is, is still only Level 2. There is infrastructure that needs to be concidered like how a robotaxi is going to charge autonomusly. (Inductive charging). How will Robotaxi deal with breakdowns and accidents? What about DMV regulations? These are just a few things that come to mind about Robotaxi. It will happen someday, but not tomorrow.
My question is who is going to buy the ROBO taxi one fatality and the company would be sued out of business unless TESLA except the liability.
We also tend to talk about the end game of transportation being changed forever, but that will take 10-20 years.. think Amazon like growth. Massive, but long and steady. Wall street can't and won't ever front run something like that.
BTW I've owned AMZN for 13 years now. Thus far it has been the best investment I ever made. People didn't believe them for a long time either.
I can't afford $200 a month for FSD. But, I'm in Ohio, so I have Tesla insurance. I could see purchasing this if I had the money. Rating would be close to 100. It's very good and I'd avoid those pesky forward collision warnings!
robotaxi is litterally a tweet
Two weeks! 😁
The market didn’t give them the benefit of the doubt during model 3 ramp either. The rally started after q3 profits made it crystal clear. It may be same story with this inflection in which case it will take time.
You don’t think the shorts are nervous about a news item, for instance Ford partners with Tesla on AI?
So basically we could have tons of cheap Ubers soon without the creepy driver
To jeffs point, we dont know if there is anybody who can profitably build an EV. This is true but you dont have to be able to be profitable at the point of sale when you have a robotaxi. If a car company who sells EV at a loss should licence FSD or magically solve it themselves they could make up for the loss with robotaxi revenue.
Why do you think a car should drive itself and that too with a robotaxi?
What is the advantage difference between a human driving a uber vs robotaxi?
You really do not drive very much do you ? The pure idiocy of the vast majority of drivers, distracted by cell phones, eating or talking to a passenger must cause at least a hundred deaths per day in the USA alone. Approaching a roundabout literally locks most drivers up....they just stop and stare at it. FSD is the only eventual solution to the carnage at this point.
The greatest advantage is in the labor cost savings. If you don't have to pay a driver the operating cost goes down and profits go up and cost per mile, to the consumer, goes down.
I believe FSD will be fully realized sooner rather than later. I am skeptical of how long it will take to get over the legal and regulatory hurdles to bring it to the masses in the near future.
I think Elon is wrong to only rebuke the Reuters article with the response that they are lying (again). He should clarify his plans to investors and not only put out cryptic messages on X
My Tesla stock is up $9.00!
I agree no credit until bottom line starts showing it.
1. How much will the average driver driving 29 miles a day pay per mile for FSD? 2. How much will the average insurance rate come down with FSD? That is what it will be worth until there are robotaxis. Then the value will be determined by much less costly will it be than an Uber per mile, to put Uber out of business, and then based on the profitability of a RoboRide. The platform is worth much more, as it will guide the creation of robots and other technology, but at the same time, once Tesla figures out the right path to mobile AI, it will become clear to others what the appropriate approach will be without years of going down the wrong roads. Other companies were many years behind Tesla before, but now even though Tesla FSD is quickly advancing beyond its competitors, with AI and AI chips advancing, the task can be developed many-times more quickly (IMHO).
Like with every Tesla advancement, WS will be LATE to the party and then act as if they always knew it would work out as they buy the stock hand over fists when they see it hit the Profit line. They are NOT visionary or even forward looking, at best they look to right now and the next quarter. Thankfully we can and do take advantage of WS shortsightedness because we stay WELL INFORMED. Imagine what us retail investors would do if they had ACCESS to IR like analysts do!!
Tesla may be getting rwady but the infrastructure and regulators are a long ways off. Also, Sandy from Munrolive says FEER is needed. Forward facing Infrared. Says is the only thing that operates in an conditions.
The tell will be autonomous movement through the giga Texas tunnel. By their deeds…
Will the market realize the company is about FSD and not just about the car? Well, it took the market about 5 to 8 years to realize Apple was no longer about the iphone, so... Eventually it will have an epiphany, just make sure to wait seated.
Don't underestimate the cabal of doomsdayers trying to take Tesla down.
The shift to Robotaxis means that Tesla will not be a car company any longer. They want to replace cars as a product with Robotaxis as a service. That also means that they are not selling cars any more on the long run. I am not confident to buy a car from a company that is not interested in selling cars any more. So this will finish the "growth story" about selling 20 Mio selling cars and even the Model 2 in my opinion. That is not good for the stock short term. To establish a Robotaxi infrastructure (big car parks for charging and maintenance) or even get Level 5 approval in many countries takes a very long time...
All that Wallstreet seems to care about is this qtr and maybe... at a stretch... next qtrs earnings per share. That's it.
If these analysts say they are evaluating Tesla's future earnings, and their name is not Kathy Wood, then they are lying. Else why do they keep changing their evaluations? Tesla has not deviated at all from its Master Plan and stated goals. So why these swings in valuation? It's pathetic!
The best Wallstreet can do is state the already evident obvious.
maybe "one of humanities greatest needs" is curing disease? we been driving around OK since 1915.
I d give valuation of almost no value on robotaxi as it is so uncertain and more importantly no idea how the regulator can accept Robotaxi
WS analysts take serious exams and have to follow strict ethical guidelines. think of a biotech with a Phase I candidate - not the same as a late stage Phase III drug. you wouldn't expect a biotech analyst to place trillions in value on a Phase I would you.
The stock game here is the following : we have to predict at what point which segment of the market understands and prices in robotaxi. While I agree that most WS analysts are dummies, we have to consider that they don’t represent Tesla buyers or holders. Retail will be as always far ahead of the game , but also institutionals like Barrons and Ark. while there are many irrationaI future deniers out there , their bark is much louder than their bite. predict that if 8/8 goes well, there will be significant share price movement. But of course it’s always wise to be cautious , the market can stay irrational longer than you can stay liquid
The days of counting VIN numbers will soon be over.
This time Elon better deliver on this or i think the investors should demand him stop talking about this subject...
Is alexandra german? She kind of has an accent
It's not like Elon and Tesla have much of choice. The EV business is at the top of the S curve, and in fact seems to have overshot it. When the government is forced to discontinue the EV/Solar/Storage bailouts, those businesses will completely implode. They have to bet it all on AI/FSD now. The problem is that a true L5 FSD with Tesla assuming all the liability is not worth anywhere near what you think it is. For personal use, this is a $20/mo feature if you want people to keep paying month after month. If its $50/mo, people will only subscribe to this sporadically, say, when going on a long road trip and then they'll cancel when they get back home. Dream on Tesla getting anything beyond that in a mass adoption scenario. And none of that addresses the collapse in the EV/Solar/Storage business that is certain to happen when the government bailouts stop. There is a giant call wall at $172.5 this week, so this hype move up in the stock will be limited. This is just to ensure they are not oversold going into those dumpster fire earnings that come out in two weeks.
Tesla needs to stop losing their earnings growth
Robotaxi will not be a thing in august. We will have some empty words without a deadline. In the meantime EPS will become negative for 2024.
ATTENTION: The author of this video receives benefits to promote Tesla. This is the a biased channel about Tesla, similar to authetic the approach of pyramid schemes.
TESLA please wait until crypto make a peak, so can switch some from Crypto to TESLA :)
Raise your hand if you’re planning to buy a Tesla with FSD and then rent it out to strangers. And let me know how you do that. Are you planning to license it to somebody like Uber?
What is the "PNL"?
profit and loss
P&L
Tesla will never get past level 2 self driving with their current hardware stack. They need more cameras. That’s why they are creating the robotaxi specific vehicle.
In my humble opinion - Monday morning and the stock has barely moved since after-hours Friday. The robo-taxi announcement is a bearish sentiment - he's abandoning high-growth Gen 2 and putting all his chips on a high-risk robo-taxi path that might not make any meaningful ROIs (until FSD is good enough for "large" rollout) until at least a few years. Good for the long-run, bearish over next few yrs. I'm a bull - just trying to be realistic
Wdym abandoning high-growth Gen 2? 😂 Where did Elon say that exactly?
@@credlyst Where do you see Elon refuting the news insiders stating he has abandoned the Gen 2 ? (lol) What Elon has signalled with his lack of response and clarity and with his robotaxi announcement - that Tesla has abandoned (or, at least, abandoned it for now) the Gen 2 production for consumers. Instead, Tesla is going all-in on robotaxis, meaning the future production cars will be under the Tesla umbrella, not the consumers. I'm not saying this is all bad - it'll actually be quite bullish long-term. But it's bearish short-term.
Can someone explain me why Tesla as a robotaxi company is such a big deal? Transportation is a very low margin business and this will compete with cars, regular taxis, public transport even bikes so where is all the profit going to come from?
@@dangrecu4034 Generally, no labour costs. That's the biggest expense with all other transporation options. But the tech with Tesla will offer up other optimizations
@@michaelpalmer1384 lower costs will mean lower fares so that you can compete with the other players in the field. Taxi and ride sharing business is quite low margin. No room for huge profits in my opinion but we will have to see. Not to mention that "FSD" is level 2 now and you need level 4 or 5 for robotaxies ;-)
Robotaxi is not yet ready. Elon is wasting his time
8/8-2024
🎉🚕🚖8 /8-2024!🚖🚕🎉
FSD12.3.3 is still only getting about 250km between critical disengagements (ie close to accidents). Humans do 500000km between accidents. That indicates (very roughly) that FSD still has to eliminate about 1999 out of every 2000 engagements to match a human. I don't think that is on the cards without major increase in processing power. Way too many edge cases to handle.
It already drives better than most humans: I don’t agree. A nervous disengagement isn’t an accident
@@chrismd00who says Elon's bullshit stats that he makes up. Have you read the reports where teslas are shown to disengage right before accidents so they can blame the drivers
FSD 11 vs 12 is approximately 90 vs 99% complete. Tesla will add another 9 ie go to 99.9% finished this year 100% and probably another 9 the year after. The amount of compute Tesla has online is insane. You wonder why they buy GPUs for billions? It’s so they can 100X their investment.
The stock market doesn't believe a word from Elon's mouth anymore.
He has lost all credibility with investors.
I bet that as the summer goes on, the 8/8 release date will turn into a joke that the investing world will laugh at.
I would not be surprised if Elon canceled it
or if he had more important things to do that day...
Farzad is wrong, Eclipsing 200.00 today....bad pun intended 😊
What happens to the Model "3"s that were supposed to be Robotesla 4 years ago? I own stock, All I see is Musk doing the soft shoe yet again. It it isn't real, approved by the Federally approved, on the road today, it's just hype, The billionaire has criied wolf one too many times.
I'm really disappointed by Tesla's latest update on the Model 3 forcing autonomous driving tools onto the adaptive cruise control function. That's not why I bought the car. Might be grounds for a class-action lawsuit.
What do you mean with forcing autonomous driving tools onto the adaptive cruise control? Can u explain please thanks
@@samgerland6087 in order to use fsd you have to enable single press autopilot. It disables competley traffic aware cruise control. Tacc has also been competley gutted after the roll out of Tesla vision. Tacc with radar was still miles better than it is now.
Hmm I'm not sure i understand completely. So you have to choose either you have FSD or TACC / adaptive cruise control? So for an example, if you have purchased FSD it is now the one and only option of TACC / Cruise control(s)? Rendering you with the option for only full FSD or 100% fully manually driven? If so yeah that seems like a horrible choice of implementations, but also a easy fix..
@@memememine1
I think you should just let your hair rip, Farzad. See where it goes.
Robotaxi can’t be a Tesla business since revenue won’t be realized for years with all that infrastructure that requires investment. It’s an outflow of capital. Tesla still needs to sell millions of EVs.
This! That's why the M2, gen2,25K car, or whatever you will call it is now more important in the short/ mid, and even long term for Tesla. Robotaxi is at least 5 years away from serious revenue. The M2 maybe 2-3 years and is more safer/secure project.
Get ready for an even worse version of Waymo released in August if anything even gets released at all lol
The Gerberbabay, the left wing medias, the metkevin… Tesla need to educate people , especially the Republican voters … whom are in favor and support Elon musk… with regard to EV… but want a balance with regards to fossil fuel and EV
What if people don't want to be driven around by a Musk owned robo-system and what if the edge cases are basically infinite?
It's an AI boom. If Tesla even give little hint of success and path to robotaxis which is believable.. it's a moon time.