Wedbush say 2024 a "NIGHTMARE" for Tesla but Elon can save the ship
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- Опубликовано: 27 мар 2024
- Wedbush say 2024 a "NIGHTMARE" for Tesla but Elon can save the ship
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just used FSD for a trip from Florida to New Jersey and I have to say there is a tremendous difference in the software ….it is far better
I'll get it when it's upgraded from "Pretend FSD" to "Actual FSD".
Which version do you have?
V12 is crazy, I want that fsd
My son bought a used Model Y long range with about 5,000 miles. It was a previous owner that couldn't pay his bills. So my son loves his Model Y and now we are two families with solar panels on our house and both of us owning a Tesla vehicle.
Great, tell us more about yourself……😅
Awesome , way to go.
you posted this twice. Tell us a third time why dont you. A used car when the Y is heavily discounted right now with Federal refunds?
My son rides a bicycle and uses public transport.
An awesome story!
Where I live in a rural area in a conservative US state, I have noticed an explosion of Tesla vehicles on the road over the last year. I used to see a Tesla vehicle occasionally when I drove around. Now I see 3-6 Tesla’s on every drive and occasionally now another brands EV mainly Ford and Kia/Hyundai
The Big boys are starting too sell-off Stock, leaving the small guy out to dry
The little guy is more nimble than the "Big Boys"
The stock has pretty much bottomed lately so if the little guy buys now they can hold the full bags later.
"The time to buy is when blood is running in the streets."
--Andrew Carnegie
It's a nightmare other automobile companies would cherish.
Not a nightmare a fact
Tesla is only a Billion in debt with 10 billion in the bank.
I don’t know much about China but here in Asheville, NC they are all over the place and NC just announced they hit their plans for 80,000 EVs two years ahead of schedule.
they are ridiculously well priced. the Tesla model s plaid is under 90k, it can out sprint literally any car on the market, including the million dollar sports cars. everything about tesla is bullish except the media articles, i dont give a rat's potato about china, but to be honest the fact that tesla is able to sell anything in that country is a testament to his product.
Govt./fleet vehicles? Or personal?
These words are more appropriate for every other car manufacturer.
Fr 👍
This same for all car companies. Both EV and ICE
No. Toyota is doing great selling hybrids.
@@softwarephil1709 not in China
@softwarephil1709 yes
And still by far the number one seller of cars in the whole world 🌏
@@softwarephil1709 ohh what a feeling buying bs for a car, barry hates hybrids he went EV because its a toyoda lemon
the nightmare will continue
Outstanding video. I agree with you about the future of Tesla. Thank you.
Dan seems a genuine guy. The future is about the model "2" and FSD. I am an average guy well apart from being an Elon fan but I intend placing and order for the 2 as soon as it comes available and I suspect many many millions of others will be doing the same. I do hope though they bring out a full range of the model. I want a performance version myself.
Yea the demand for the 2 is going to be shocking. I'm also saving now for one. Gonna pinch all my pennies.
The key to total dominance will be in: 1. High production. 2. Battery charge time. By the end of 2026 the winner will be clear.
Just reached my goal of 600 shares! Holding until 2030. Now I’ll start buying VOO.
Consider BYD. They’re coming on strong. I switched from Tesla to TM and BYDDY.
Space karen is not mentally well. I'd be careful buying stocks in any of his companies.
Trade all 600 shares for TSLQ short ETF because it t'was a dead cat bounce
Yea, I bought Teslaq to hedge against my long term hold but never able to sell it quickly enough to successfully trade out of it as Tesla stock will invariably rise in bursts.
@@softwarephil1709 chinese stocks are never going to do well in the US market. period. investing in BYD is a fool's errand.
Gotta love the analysts for keeping the Tesla stock price down. I continue to buy every time the price drops another $5.
Get ready for $153.75 re-test, April 26th 2023 history repeats and that price is on the table near-term
@@ryanglaser5336 I’m ready. Just another price point to buy more. As Warren Buffett used to say, “when everyone is greedy be fearful, and when everyone is fearful be greedy”.
You'll be buying a lot then. Lol.
@@gerritjanboeve Yup. I have bought a lot already, as $TSLA is 96% of my portfolio and growing. And I will be buying more. Count on it.
@@tomdrewenskus8167 If you like to gamble, you might as well go to the casino. Tesla is not guaranteed to 'always' go higher. They might as well go double digits, and stay there for the next 10 years.
Have governments yet grasped the idea of robots/ai replacing wages ... replacing income taxes? Will need smaller more efficient governments.
We need to start transitioning to an economy of abundance. People will because they want to not because they have to.
Are these robots going to buy his cars? If you replace most middle class jobs, who will buy things? And billions of robots? I don’t think so.
What is a middle class job to you? Robots are going to be unskilled labor for the most part and for quite a time.
@@TheEvilmooseofdoom These days a highly paid job in a car factory is a middle class job. Pretty sure Tesla bots will be deployed in their factories first.
Thomas Watson, CEO of IBM, is reputed to have predicted the worldwide demand for computers was "maybe 5". There are already millions of industrial robots as of 2022, so when you include personal, agricultural and commercial robots, billions is not unreasonable.
There’s still some room for vehicle improvements, I have seen the suspension upgrade, it’s just matter of time when tesla will find a way for Porsche or Mercedes level of suspension handling, complete smoothness, just like airplane floating in the air while it moves. That will be the car part, fsd and robotics is just whole other thing
The big demand for the robot will be domestic services. Disability assistance and hospital work. A robot that cleans your house-hell yes.
A robot that assist a disabled person- what a god send.
A robot that brings you a meal and fetches a bottle when you are in hospital - that would take such a work load of the hospital staff and nurses
maybe...but I think the big demand is more likely factories.
The biggest demand will be as sexual toys 😂
What are you on about. The competition on these humanoid robots is fierce. Tesla will deploy them in factories first. There is like 15 companies working on these things. And while the Tesla one is doing great. It certainly isn’t the best. And them not participating in Gr00t will either make them or break them.
@@syproful What exactly do you think they will do in factories. Build cars ?? That is all ready completely Automated. Most products are literally untouched by human hand all ready.
No one ever seems to comment on the robot house cleaner or gardener or the implications of this. How many people in first world counties are in nursing homes around the world and how many people that are employed in nursing homes around the world are doing basic manual functions, a lot.
According to Centers for Medicare & Medicaid Services (CMS) data, in July 2022, approximately 1.2 million people resided in more than 15,000 certified nursing homes in the USA
No one has commented on a tesla bot being able to do gardening and I find that amazing no one has.
If a Tesla bot can do weeding then that is the end of herbicides on farms and probably the end of some very big Agriculture chemical companies.
from google
Herbicide Market Analysis. The Herbicide Market size is estimated at 42.81 billion USD in 2024, and is expected to reach 55.09 billion USD by 2029, growing at a CAGR of 5.17% during the forecast period (2024-2029).
Im pretty sure you can buy a lot of Tesla bots $42 billion US dollars
Viking, u need a robot so you can have a break mate!
He could easily create a deep fake for himself.
He can't afford one cause his Tesla stonk is down 🤣
Thanks so much Sam.....
You are so welcome!
Great video, thanks!
You're welcome!
I have a porsche taycan in Los Angeles that charges in 18 minutes.. only problem is that electrify america always has a 1 to 2 hour wait, even in the middle of the night!
He never completely worked it out, but Karl Marx was beginning to consider what society would be like when machines did all the work. He had some interesting thoughts about it.
All I hear is my current holdings are going to tank unless there it's a miracle. Thanks for nothing Tesla, already lost quite a bit buying and stupidly holding. I always think Tesla will pull a rabbit out. So far no growth and no bright future for at least the next 12 to 24 months. Should I dump and wait for a 100 bottom again? Not really sure
Added 50 more shares this week
Today was the sell signal of the dead cat bounce induced by Cathie Wood
Regardless of any issues the removal of indicator/wiper.stop/start levers in the model 3 will hurt sales more than Tesla will admit.
Dan Ives just echoed what Elon said months ago- 2024 will be a rough year for automotive sales.
I agree with you.
A large percentage of the world’s new oil and gas developments since 2022 are from companies that have set net-zero emissions targets, such as TotalEnergies and ExxonMobil, according to Carbon Brief analysis of a new report from Global Energy Monitor. Carbon Brief has estimated that both TotalEnergies and ExxonMobil could generate roughly 1,000M tons of CO2 each with their expansion plans, which is equivalent to Japan’s annual total.
Our nightmare stopped when we sold our Tesla and our holdings
Yes mate its strange times
yea, I want to buy some more shares...question is, now or after the numbers report next week. which way will the price go on the report...I think it may be a cheaper so holding off.
Thanks viking your insights are great
Tesla and byd slowing down for a few quarters in China is not a long term issue as the property collapse etc in China issue will fade with time
Currently thought till China has produced enough ships to export enough cars all Chinese based car suppliers are limited in how much they can export. This includes tesla
Which FSDb video would you suggest I (we all) watch for a good all-round update on its current capability?
Range, range, range. 600 miles is the minimum needed to make a general transportation machine. That is 3-5 years away.
10-15 minimum for 600 miles.
Considering what we know about the battery performance, CATL is giving to Tesla and the fact that they are delaying the model Y so that battery can go into it and the model two will have that battery into it. Why would anyone want to buy a Tesla right now unless they had to?
Looking back, the "implosion" of the EV market started about a year ago when mainstream press wrote all these articles about the Toyota 900 mile battery.
Since then, everyone is waiting.....
@@SunriseLAW nonsense smh, it's many countries eliminating ev incentives to start off 2024 vs 2022&23 incentives slowing down globalev adoption. However ytd&yoy ev sales in 2024 are still above 2023s numbers!
it's nacs winning the charging battle here in the us but not becoming native to none tesla evs until mid-late 2025. It's many consumers waiting on interest rates to drop some and watching the gd worthless feckless fed refuse to lower them twice already!
Plus the ira bill has hurt not helped U.S. ev adoption as it was implemented to quickly and those supply chains take year's to move&become compliant for the rebates to be applied even to us built cars!
And then it's partially as you say just to many people waiting on highland m3, waiting on the juniper Y refresh, waiting on further price cuts etc.
@@SunriseLAW EV are evolving. The next generation will be better cars. How long do you want to wait?
@@danharold3087 We are in EV 1.0... that compares to Internet 1.0 and dial-up. I am not in need of a different car right now so I will probably wait until mass-adoption happens. EV 1.0 demonstrated that the electric grid may not be up to it, so it could be a long while.
@@SunriseLAW Forget the nonsense about the grid. If utilities felt the need they could reconductor it and more than meet the needs of BEVs and maybe ever the more concerning data centers&crypto mining. Grid operators want to optimize profit. Right now that does not include investment in the grid. Eventually it will.
On the other hand if we remove the restrictions on importing Chinese solar we can take a lot of load off the grid. But then power companies would not get our money.
When I bought TSLA, it was for energy. That's just started to manifest a bit. I think that it has an enormous upside. But AI, robots and such...for sure. Another potential upside. Even a potential tens of millions of cars a year a decade from now isn't nothing. As long as Tesla can manage its expenses and capex along the way, I'm not thinking about a single year or two. That's not growth investing. Decade plus, change the world massively or bust. Otherwise it's just bog standard value investing with a bunch of market timing and the related quarterly statements. If you're not comfortable with the conversation "how realistically can this company change the world profoundly over the next decade or three", then growth investing isn't for you.
Nice job E Viking
Thanks!
Yes, My son picked up his Tesla Model Y at 10:00 am on Mar 27th, 2024. So take one used Model Y of the lot
Good for him ❤ its a very safe vehicle
Man I just want to say,,, I love your video intros: story starts straight out the gate, then you quickly and smoothly introduce yourself, then back to the story 👍
Toyota shares are up 108% in the last 12 months...
Shows ta go ya, everyone else is wrong.
I sold my Tesla stock at the start of the year and bought Toyota and BYD. BYD is struggling, but TM is up about 39% YTD. I view BYD as a good long term investment.
Tesla is going to have to make some design changes: there are several countries implementing laws that will make car companies to have dash board information screens in eye line and must have basic function on buttons or sticks... No more tablet only controls for basic controls.
@ev.whyking It's going to be a game of leap frog for quite a while. Ups, and downs everywhere.
@ev.whyking Same song and dance for years.
The only question you need to ask is "Why can't Tesla get authorisation to sell FSD beta in Europe?" The answer is because it isn't safe. This is not a saleable product
As for Robots, no chance. Do not invest on that basis
No proof they are safer. Tesla has the basic functions on buttons. Tesla consolidates everything in that one screen instead of 3 mirror and 1 driver centric display. Tesla is no less safe maybe safer. Just not what people are used to. I don't see this argument holding water.
If it happens changes would be simple to do. Tesla has it in the SX. One can already buy all this stuff aftermarket for 3Y. Just plug it in.
@@bill_heywood Tesla's new FSD is only a few months old. They scrapped the previous one.
When all those cars board and disembark the ships without human help - this will be a sign that FSD and robots have matured - and then we need a 20 PE- until then who knows. There may still be massive buying opportunities .
Hope so, I need more discounts on $TSLA.
FSD as anything but level 2 is still a ways away, if my recent experience is any indication. Probably 2 years. It is getting better faster than it used to, probably because they finally realized that heuristic code was a losing game for something this complex. But it isn't the game changer that people talk about because most people don't trust it, or for that matter, want it. And that might take 1-2 decades to change.
Elon is a a great technologist/technology developer, but his futurism (defined not as advanced tech perse but as the rush to get to future tech ASAP) will separate Elon from other people, in a way that even his politics, which are pretty repellant, won't. Case example #1 - getting to Mars will not save the human race from extinction. Our stupidity, paranoid tribalism, greed, lust for power, all our traditional vulnerabilites throughout history, are and will be the real threat to our long term survival, not whether or not we are an extraplanetary species. And our real challange - and those things are problems that can not be solved with technology.
For all his gifts, that is something Elon appears not to grasp.
Tesla is so positive that it won't matter if some numbers are low this first quarter.
It does matter. Tesla is valued as a growth company but it's no longer growing.
The share price never lies, people are worried that their car range is old in automotive terms, which means they will become less desirable.
Dan wouldn't know if his arse was on fire.
The problem with robots being deployed in scale is that a lot of jobs will disappear.
That means fewer people will be able to afford to buy the goods being produced by the robots.
Who is going to be buying products when no one has a job?
The robots hourly pay goes into Universal Basic Income for everyone regardless of job or wealth.
@@aperitifs I like your thinking. Not sure how it would work though. If you are a Tesla, and build your own humanoid robots and deploy them in your car factory to build cars. The Robots are owned by you, so you pay the robots a wage, effectively, Tesla would be paying themselves. Only way it could be done would be for governments to introduce a ‘robot tax’, and that tax goes toward a basic wage for everyone else in your society. Governments tax cars today so there is a precedent for this. The issue then becomes the definition of a robot incurring taxation. Factory’s today have robots, primarily multi axis robotic arms and such, they are not taxed on an annual basis currently. It could be hard to define what gets taxed and what doesn’t….and then robot manufacturers will attempt to design robots to get around any tax law on robots. Then there is the difficulty in policing the tax on a robot that is stuck in a private factory.
For countries where automation is a greater concern, Rosanna Merola, a macroeconomist and researcher at the International Labour Organization, has considered a very different approach: a robot tax. In a 2022 research paper, Merola described the possibility of taxing companies that replace workers with robots in order to fund a UBI as “philosophically appealing”, if currently unrealistic.
Timeframes are important. Next three month could trade in range or down. End of year…. we will see! 2025 and past could be a good investment.
the "nightmare" is Tesla not destroying others hard enough? everyone is on the verge of bankruptcy except Tesla who sells the best selling car in NA and the EU? and their profits are insane compared to others?
it's crazy how Wal Street value their "expectations" more than reality.
No sweat first qtr Chinese New Year ….. still hopin for 2.369 deliveries 2024
So what if the first quarter is slow. They'll still make a profit as the ramp up continues. Meanwhile ICE prices will have to keep climbing as their profits go down as Tesla's costs go down, allowing more price reductions.
I don't understand why we need autonomous vehicles, and unless all vehicles run from a central system, there are many legal issues for responsibility that are too complex to resolve.
For all the people who now need others to drive them.
For all people who are tired and less safe behind the wheel.
For all impaired people, natural or induced.
For all the old people who can now put down their keys earlier and retain mobility.
For the dog that can not travel to the vet.
For all the people you are now honking at.
@@danharold3087really stretching it aren’t we? Even the dog! I agree with OP. Self driving car is silly and a waste of money and will never work except on long boring highways like the US. It can only work if all units on the road were controlled by a central server. Which would be the most sensible approach and like to happen, especially in China.
@@TheBooban Dollar to doughnuts we will see people sending their cars off w/o drivers to do errands. Personal and Business.
I see V2V as the next step in safety. Does what central server would but distributed to the cars.
@@TheBoobanmy Tesla drives me to work each day in traffic. Works very well.
@@ChrisHobson916 roads in America are very easy.
Wasn’t there a fund manager who lost a fortune shorting Tesla?
Moving onto Bots are we? Billions of them!!!🤣
He has a strong bull view of Tesla, with still a high valuation for the end of the year, despite other institutions significantly revising their estimates down. Ives view if correct would achieve about a 70% return from the present position. Though he was critical of the last Tesla senior management briefing to investors, that there were no grownups in the room. The report next week is critical to the analysis estimates on the Tesla 2024 outturn. Either he will go, well I told you so for maintaining his position or will have to follow the investment herd with a degree of egg on his face. Next week will set the investment tone for Tesla for the year.
Unless tesla adopts a battery swapping option, their EVs will keep depreciated a lot. Expensive battery replacement costs is a nightmare for perspective owners.
Battery swapping is like buying battery insurance. Simply sell battery insurance.
Clueless nonsense. Battery swaps are rougly four times the price of supercharging. Your idea has been tried and rejected. We have almost six years on our batteries, and they have lost about 8%. Stop trolling and actually learn about the tech instead of making an idiot of yourself with these kinds of uninformed posts.
@@danharold3087insurance companies are in business to make money. In order to make money, the insurance will cost more than the battery in the long run.
It would be smarter to just save up the money yourself
@@bfree6197 Yes. This is said about many forms of insurance. No insurance works best for the people who can afford to pay up front if the failure happen before they have saved enough. I would like to see an insurance plan from EV makers that would let you extend the warranty and include road damage. It would be interesting.
Personality created AI chips for Human 2.1 implants. Which model is best for the times?
Silly. This is the year to buy. After this year I don’t see it being low again
We could use a Cyber Viking.
FSD is a wild goose chase, driving like a Human in some circumstances is not it. You need "all circumstances", smoothness is not it.
Tesla's value is in grid batteries and vehicle sales. Maybe robots, that has yet to be seen yet.
Human drivers are not safe in all circumstances. Better than a human is good enough. Expect to see a database of exceptions transmitted to cars in their area. Think solutions for problems. They are there.
@@danharold3087 I don't disagree, but the requirement is better than the best Human not the average Human statistically. Tesla use average Human, but this is a mistake because of the way the courts and Humans work, saving lives isn't enough, we won't accept machine based deaths that a good Human driver would avoid. The manufacturer will be liable and this will cost too much.
There are solutions to problems, but the problems are close to infinite and the hardware is limited. You can see a pattern of Hardware upgrades. Its a common problem with software led projects. They have moved to a learning neural model, this has more demands on HW than the hardcoded approach. It mainly becomes less deterministic. The AI learning input may have the details, but there may not be enough Neurons to tell the difference between a child and a box or a pothole, or a hole in the road and the shadow of a road sign.
I could go on about Humans simulating physics and knowing when their sensors are at their limits, but I'll stop there.
FSD can't work until its a smart as a Human, at least for interpreting the environment. It does OK in predictable environments, but the problem is the environment isn't predictable. Roads are designed and maintained for smart Humans not robots expecting defined constraints.
So, should I look for a robotic lawn mower, or a robot to operate my lawn mower?
I'm all for crappy repetitive jobs being done by robots. However, the machines can and will do more of ALL jobs very soon. So the question is, if not many people have a job and nearly all the assets are owned by a tiny minority of super wealthy people, how do we stop the economy from completely crashing? How can the masses by stuff, even if the prices drop significantly if they have no income? The only answer is shared asset ownership ( good luck getting the super rich agreeing to that ). Or UBI, which means citizens will lose any semblance of autonomy!
Lol. Last year, was a low base. In January 2023 Chinese subsidies ended. So car( both ice/EVs sells) plummeted in January, February 2023. And robotics 😂!!
Drove for a couple of hours with FSD version 12 today. If it’s driving like a human being, that human doesn’t understand road signs. It seems that, for whatever reason, it ignores totally visible speed limit signs on rural highways. FSD disregards “Left Lane for Passing Only” rules (and signs), in Texas at least. I had to force the car into one of the two lanes in which it could legally perform a turn it was going to do. It certainly doesn’t “act like a human” on the highway in using temporary multiple lane highway wide stretches for the purpose they are intended: to allow faster cars to get by slower cars before the highway reverts to one-lane-each-way between such stretches. These all seem fixable, since it seems worse nor wrt road signs than it was in version 11.
V12 is not active on the freeway. V12 currently uses v11 stack on the freeway
@9:07 Humanity is not a race , it is a species.
Too many humans (No Trend).
Have you seen the Xiaomi SU7?
Sick style, range, charging time, price.
Makes Tesla look like a legacy auto
Another 'Tesla killer' no doubt. They're two a penny and never come to anything.
Unproven tech though. Per kwh it isn't even as good as the m3 is. Impressive effort by Xiaomi though, I wish them well! 😀
Don't be short sighted. There is more to evaluate, e.g., at what cost? Can they keep up, compete with Tesla on all levels?
Considering they are using aerogel to insulate the battery pack I expect that their battery tech is quite a firecracker.
Elon needs to make the Model 2 EASY TO REPAIR. The HIGH COST OF INSURANCE AND REPAIRS is a big problem!
Sam I told you this Months ago...doesn't take a genius...
Inventories have grown for the model Y globally however
Compared to production rates have they really even grown though? 🤔
@@4literv6 not sure what your point is, if there's no growth as there's excess inventory margins are cut, then production. Many bulls criticize OEMs for cutting production, they have to do this if they can't cut margin. Manufacturers have to balance supply with demand.
AI tax will pay for UBI
The Stock Advisers are not disinterested impartial advisers....they are either buyers or sellers .....either way TAKE WHAT THEY SAY WITH A PINCH OF SALT
so i will back up the brinks truck when the share price is 120.00
$113.06 Jan 6th 2023🎉🎉🎉
Should i invest 10k in stock with Tesla?
I think he is off his rocker. Did he miss the 60% profit margin?
The basic tesla model update wasn't enough for the limited line up..need more models to be relevant.
Is the model y being the best selling vehicle of any fuel type not relevant😂
Love Tesla but my account agrees this quarter is a nightmare
buy around 160's and keep dcaing even if it goees down to 100, in 2 years tesla will be back up to at least 300. You will have made double your investment. book it
Christmas and taxes. Once dealt with we buy again
Indeed, q1 seasonally is the worst quarter of all yoy every single gd year for car&other large purchases smh. 😏
Thanks so much for your informative brief podcast. I like how you put your opinions out there while detailing how you came to form that opinion. You're very gifted podcaster being able to be entertaining and informative at the same time.
Glad you enjoyed it!
Only a matter of time before optimus will be performing surgical operations.
Speaking of hiring people, Xiaomi looks to have staff of 1500 engineers for its FSD by end of year.
If only engineers alone were enough..
In August 2020, Musk said they have 200 software engineers, 100 hardware engineers, and 500 employees who label data. Data labeling is not needed for v12 FSD. The hardware engineers are making AI chips like NVidia. 1500 engineers will move 25x slower than Tesla’s 200 devs. It will take 10-20 years for them to copy what Tesla has done plus they may be starved for data and never get there. Remember Tesla has invested 10+ billions in compute and other infrastructure Xiaomi could only dream of. What Elon has done is a miracle
@christopherbeyer7740 The comment by @johnlehew8192 nailed it. It takes more than money and lots of people.
Gotta love all this hyperbolic chatter from analysts. I never expected Tesla to be dominant in China, why would they be with Chinese companies specializing in lower cost vehicles (as well as others obviously). Sam’s right though, China production filters out to surrounding countries. The only issue is how much Tesla wants to deal with the reduced margins of export versus simply reducing production modestly, for one quarter or maybe two. I’m looking 20 years down the road, though...this is barely a blip on the screen.
There's one other huge problem with Dan Ives. He's a sociopath, or at least he's on the continuum.
I bet Tesla are losing money on Cybertrucks at current volumes??? Margins under pressure from Chinese competition! Tesla had looked for 50% growth?? IMO this will only ramp again with the Model 2??
You might lose that bet. Remember no paint shop. A lot less stations on the assembly line and a lot less robots.
Robots are already in widespread use in industry. We don't need humanoid Robots, they don't make much sense, in my opinion. Without workers, there is no market for goods that Robots make.
Yes but there are still people on the line. These robots replace these people.
The line between have and have not has been growing for decades. We need to address it with and w/o robots.
@danharold3087 The have nots represent over 80% of the population. Sounds like Tesla is heading for civil war.
Hoping for a positive outcome healthwise. Keep us posted please.
They need to explain themselves.... What is there to explain the storage business is going up like crazy profits are going up a lot in the storage business then we're ramping up the battery production of our own batteries in the United States and in Germany.... Then the cyber truck is ramping up we're building a model 2 which is gonna be great and it's gon to come on next year... We have robots right now that are already doing stuff and full self driving is basically incredible right now and will start selling full self driving subscriptions.... So what do you want Dan you want them to say we're gonna sell ex amount of vehicles at x margins dude the guy is so short-sighted...
Moving into China was huge mistake for Musk. You teach local engineers your most advanced tech, and there is large turn over so they move to local companies. China alway invites you in, takes your tech, then designates local champion (BYD) and aids with subsidies etc.
Byd can’t normally drive in snow
Of course Tesla will experience the nightmare US, European and Japanese legacy auto will go through before they die off completely...but only from the sidelines.
Maybe if Tesla made a new that doesn't look like a child's drawing instead of 20 year old cars they could compete with other companies in their market
If I had $500k. I would buy 2,841 shares of Tesla, and an ICE cream cone.
Tesla stock is struggling. Toyota is up 39% YTD. I think BYD is a good long term bet.
Go with short TSLQ inverse TSLA shares ETF for the time being or sit it out on the sideline 🎉🎉😂... you'll be able to afford more Telsa shares later because it's about to crash & get much cheaper
So would president Biden
@@softwarephil1709 China is crashing. BYD sales are crashing. Not sure about that logic. Toyota is DOA. No path forward.
@@davidbeppler3032 BYD sales are crashing?? BYD was the # 1 selling EV brand in the world the last three months of 2023.
The year-to-date China numbers are down, check your figures.
He could build semi that can carry 20 cars
Yes, more drives more like a human, but FSD V12 "more aggressive" ....? I have the opposite impression. FSD v12 is more timid. Previous versions drove like a robot vacuum. V12 drives like a timid human with the intelligence of a robot vacuum.
The robotics are still at a very, very early stage. His car business is the driver now.
nothing like sitting on the fence and trying to look important
There is massive oversupply of ev's when compared to the demand for evs so the entire ev market is heading for stagnation and decline.