Regulatory approval on FSD is critical for Tesla, says RBC's Tom Narayan

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  • Опубликовано: 21 апр 2024
  • Tom Narayan, RBC Global Autos Analyst, joins 'Closing Bell Overtime' to talk Tesla's share slide and what to expect from tomorrow's earnings.

Комментарии • 90

  • @dynomotivedyno9194
    @dynomotivedyno9194 Месяц назад +6

    They don't even have applications in to states to TEST level 5 lol.

    • @markplott4820
      @markplott4820 Месяц назад

      Tesla FSD is LEVEL 4 supervised.

  • @offbeatscratcher
    @offbeatscratcher Месяц назад +5

    He has an outperform rating on Tesla based on robotaxis that do not exist and have not been approved yet?

    • @singed8853
      @singed8853 Месяц назад +1

      He pumps the stock. It’s crazy to take the valuation he gives seriously if you look into it at all.

    • @user-ff3ib5oc4s
      @user-ff3ib5oc4s Месяц назад

      This Edison device from Theranos looks very promising to me.

    • @DerekDavis213
      @DerekDavis213 Месяц назад +1

      And who is even asking for Robotaxis?
      Uber and Lyft are available all over America.

  • @amols101
    @amols101 Месяц назад +5

    Imagine every company in the stock market started being valued 90% for it's 'projects' and 10% for actual revenue and earnings. Wow this guy told us a great idea to 10x the market in no time. Great!

  • @esta1177
    @esta1177 Месяц назад

    Deflation always shows up in the most innovative companies.

  • @djayjp
    @djayjp Месяц назад +1

    If only they could design and produce 2 new vehicles at the same time...? 🤔

  • @nicksideris2600
    @nicksideris2600 Месяц назад +1

    think i saw this guy at white castle.....

  • @singed8853
    @singed8853 Месяц назад +19

    This Tesla bull will continue being proven wrong on this company. He will maintain a cushy job.
    Almost all of his valuation is based on valuing technology that Tesla does not yet have. It’s laughable how this guy essentially suggests this is not risky.

    • @Kmaster0815
      @Kmaster0815 Месяц назад +1

      I blame Musk more than anyone for promising something that was never coming (autonomous driving). George Hotz told Elon it would never work, like five years ago, haha.

    • @DerekDavis213
      @DerekDavis213 Месяц назад

      @@Kmaster0815 Well said! Agree, 100 percent.

  • @srsairbags
    @srsairbags Месяц назад +5

    Level 4 or higher needs LIDARS. Not gonna happen with cameras alone. It will crash and burn after ER.

    • @djayjp
      @djayjp Месяц назад +2

      Last time I checked humans don't use LIDAR....

    • @markplott4820
      @markplott4820 Месяц назад

      FALSE . Lidar & Radars dont SOLVE General Autonomy.
      hint - Tesla FSD (supervised) is a LEVEL 4 (supervised) system.

    • @walden6272
      @walden6272 Месяц назад

      @@djayjp Last time I check, cameras can still get block by dirt, snow, and rain to obscure their vision. Humans don't have that problem.

    • @walden6272
      @walden6272 Месяц назад

      @@markplott4820 Still at Level 2. Only Government can approve the level of autonomy. Tesla can't just claim it. LOL

    • @markplott4820
      @markplott4820 Месяц назад

      @@geelangfordo3272 - FALSE, planes dont use LIDAR , they have Radar , which works well in the AIR with noting in the air space.
      Planes also have FLIR - thermal IR.
      cars dont need LIDAR, RADAR or FLIR.
      pure Vision & WORLD class Software is all you need.
      Radar and Lidar are too NOISY , do not offer HD resolution that Tesla PURE vision gives (RAW photon count).
      thus Vehicles w/ Radar/Lidar are much SLOWER to react .
      even in the RAIN.
      Radar & Lidar experience RAIN FADE loss of important DETAILS , in the rain.
      go watch TESLA AI day for Education.

  • @esta1177
    @esta1177 Месяц назад

    If it will always need to be supervised it isn’t worth 8 k in my opinion. I think a lot of customers will be unhappy when Tesla comes out with autonomous and it isn’t an upgrade to FSD but a separate purchase. If Elon says differently I will pay the 8 k today.

  • @user-ff3ib5oc4s
    @user-ff3ib5oc4s Месяц назад +3

    This SNL sketch is over the top.

  • @briantep458
    @briantep458 Месяц назад +2

    Mercedes is already on Level 3, Tesla still level 2 how is that possible ?

    • @user-ij9bs9ke9j
      @user-ij9bs9ke9j Месяц назад +2

      Mercedes is a far superior product.

    • @PelosiStockPortfolio
      @PelosiStockPortfolio Месяц назад +3

      Mercedes can't take you from point A to point B. It can only be used on pre-mapped roads, and it also has a speed restriction of 40 mph. That is a joke compared to the currently released version of Tesla FSD

    • @briantep458
      @briantep458 Месяц назад +2

      @@PelosiStockPortfolio thanks for clarification, i use FSD everyday. Not perfect but well worth the $100/mo

    • @markplott4820
      @markplott4820 Месяц назад +1

      Mercedes , CANT travel faster than 35 mph .
      TESLA FSD works up to 90 mph (where allowed ) and can NAVIGATE dirt & gravel Roads.

    • @markplott4820
      @markplott4820 Месяц назад

      @@geelangfordo3272 - FALSE , Mercedes may go BANKRUPT in 2026.
      Mercedes , is not COST Competitive nor TECH competitive.
      the EQS vehicles are built too Expensive and in LOW Volumes .
      Mercedes , does not have Advanced Manufacturing or AI Factories .
      Mercedes , is too Reliant on OUTDATED horse & buggy Technology.
      TESLA is lean and can Activate many levers & PIVOT in new Direction , if it needs to.
      Mercedes is not AGILE.

  • @fernc7947
    @fernc7947 Месяц назад

    Ludicrous! Price target based on BELIEVES! what happened to good old analysis . And P.S IS also subsidizes Tesla.

  • @free-qe6wx
    @free-qe6wx Месяц назад +13

    His $294 price target is based on vapor. This guy is a clown.

    • @singed8853
      @singed8853 Месяц назад

      And yet he often seems to suggest this is less risky than it is.

    • @markplott4820
      @markplott4820 Месяц назад

      TSLA to $420.69 .
      TSLA is a $9,000 stock according to RON.

    • @DerekDavis213
      @DerekDavis213 Месяц назад +1

      @@markplott4820 Tesla sales are down, and stock is at 162.xx what a joke. Robotaxi is vaporware, and FSD still doesn't work after almost 4 years.

  • @PeterSedesse
    @PeterSedesse Месяц назад +4

    Waiting for Elon to request robotaxis in liberal cities after he spent the last two years being a rightwing lunatic.

    • @user-ij9bs9ke9j
      @user-ij9bs9ke9j Месяц назад

      THIS! Hahahaha. Good luck to the anti-everything Nazi sympathizer and his ilk. Cheers!

  • @cpangws
    @cpangws Месяц назад +1

    Tesla FSD will be useless in heavy traffic. Chrysler was the first manufacturer to implement the device in 1958. They called it “Auto-Pilot” and it appeared in their luxury model as an upgraded option. Soon after, General Motors installed it in their Cadillac vehicles, naming it “Cruise Control” which has stuck to this day. Today most cars and truck have Cruise Control. At first this was a novelty fun to use but, today most don't use it as it useless in heavy traffic, this will be the same with FSD it will be useless in heavy traffic and is not reliable as you still need a supervised driver you might as while drive the car yourself for free than pay $99.00.

  • @maxpayne7419
    @maxpayne7419 Месяц назад

    I hate cabs. And I will hate robo taxis.

  • @DerekDavis213
    @DerekDavis213 Месяц назад +1

    If regulators drive a Tesla with the latest FSD, maybe for 2 weeks as their daily driver, there will be *no* *approval* .
    FSD still makes obvious mistakes, every day. 100 percent human supervision is required.

    • @AndyKopac
      @AndyKopac Месяц назад

      Not anymore…

    • @DerekDavis213
      @DerekDavis213 Месяц назад

      @@AndyKopac The very latest FSD software continues to make mistakes every day, on any challenging drive.

  • @ShashiMT77
    @ShashiMT77 Месяц назад

    I blame CNBC for not challenging assumptions that are purely speculative. They have no journalistic qualities in these anchors. They are also equally complicit in speculative stock valuations, and should be held accountable for such interviews. This stock analyst should loose his job, for not using common sense in valuation of stock. Tesla technology does not exist, and they are in wrong technology (without LIDAR), no infrastructure exists for robotaxis. no regulatory application, let alone approval exists for Tesla. This company is a joke - all bull analysts/investors are truly BULL.

  • @SawSaw-zd1cy
    @SawSaw-zd1cy Месяц назад

    No. Get the right logic and reason. The Chinese are the best in solar panels and batteries. They produce the best EVs now and they are not expensive. With the sanctions on Russia by Europe, China found a great market to sell their tech. They have flooded Russia with these cars which are super beautiful. Some European countries are now eying them. Therefore Tesla has no option. Germans understand these well. That was one of the reasons the Chancellor visited China recently where they talked of Chinese 'over capacity'. Again, China has a friendly relation with countries in Africa where they get the minerals for their batteries. They see Africans as partners and not 'nobodies'. China is building capital based projects, infrastructures that Europe out off arrogance neglected. The tide has changed so Tesla has no option. Watch out what India will do to the aerospace soon.

    • @DerekDavis213
      @DerekDavis213 Месяц назад +1

      _Watch out what India will do to the aerospace soon_
      The corruption and chaos in India will challenge USA, EU aerospace and defense companies? You have a good sense of humor.

  • @Mostly_bad
    @Mostly_bad Месяц назад +2

    Do not listen to this man if 80% of his value is robotaxi.

  • @Coldwellbanker.drive3
    @Coldwellbanker.drive3 Месяц назад +3

    • @thomasschlund
      @thomasschlund Месяц назад

      You should buy and hold tech stock Crypto investment

    • @omqbrown9041
      @omqbrown9041 Месяц назад

      There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire

    • @Walking_Penguin3
      @Walking_Penguin3 Месяц назад

      In my account

    • @sophie-ny3nj
      @sophie-ny3nj Месяц назад

      You should know it's easy and hard to make that much profit. I say EASY because it's very possible to make that much, and Hard because you'll need professional assistance to do it, I'd suggest you get assisted by a market advisor.

    • @gadopilo
      @gadopilo Месяц назад

      I'm an advocate for having a diverse investment strategy. I grew to a 5 figure mark with my portfolio having exposure to different areas of the market, including small and large-caps of the ETF index, blue chip stocks, coins, grade bonds and alternatives like cryptocurrency markets, as this helps manage the overall risk on my portfolio managed by my FA.. Credits to my adviser, Jonathan, i have no doubt investing more

  • @theresamorgavi9196
    @theresamorgavi9196 Месяц назад

    we go from 100 to 290 many times lol lol lol

  • @goodcitizen5305
    @goodcitizen5305 Месяц назад

    The FSD is the right move to counter cheap Chinese EVs right now. TSLA FSD is unrivalled at the moment and Elon is correct to capitalize on this. Glad bears are making the stock cheaper. Great chance to buy more TSLA.

    • @NIOFAN001
      @NIOFAN001 Месяц назад +1

      "to counter cheap Chinese EVs right now "? This is all what you have vs Chinese? But the Chinese making better quality... They dont have Gaps , accelerator pedal, 🤣 Tesla vehicles don’t have the best record for quality. The brakes, The range is often inflated. Autopilot is a mess. according to Reuters, the suspension and steering columns on “tens of thousands” of Tesla vehicles are experiencing premature failure - sometimes after just a couple hundred miles of ownership.🤣🤣🤣

    • @markplott4820
      @markplott4820 Месяц назад

      TESLA FSD has the MOST data , of all others COMBINED.

    • @DerekDavis213
      @DerekDavis213 Месяц назад +1

      _TSLA FSD is unrivalled at the moment_
      Yes, unrivalled as a source of *comedy* .
      FSD has been in beta for almost 4 years,and the very latest FSD software makes obvious mistakes every day. FSD is a simple minded Level 2 assistant, nothing more. 100 percent human supervision is required. A classic bait & switch situation.

    • @markplott4820
      @markplott4820 Месяц назад

      @@DerekDavis213 - as of APRIL 2023 Tesla FSD (no longer BETA) , and running in over 1.8 million Tesla's in the USA.
      LESS than one DEATH , in 2.5 Million miles.
      USA avg 1 Death in 400,000 miles.

    • @DerekDavis213
      @DerekDavis213 Месяц назад +1

      @@markplott4820 You must be new to FSD?
      FSD has been in beta for almost 4 years, and it continues to be beta software.
      Tesla changed the name so lots of people getting the 30 day free trial KNOW that supervision is required.
      You said less than 1 death in 2.5 million miles? And how many of those miles was FSD operating alone, unsupervised?
      *ZERO* !
      Can FSD take a 400-mile challenging roadtrip, *ALONE* , today? Absolutely not!
      FSD is a simple minded Level 2 assistant, nothing more.