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TSLA - Tesla Motors Inc (NASDAQ)

I haven't kept up with it but one of the big issues around this stuff is speed of the cameras and processing then the action I assume this has reached a level faster or equal to humans.
It’s also that humans can only really see and react to things in one direction at a time.

Eg to check the blind spot before changing lanes you have to take your eyes off what is happening in front and turn your head to look at your mirror and then over your shoulder.

However the cameras can see a 360 degree view at all times, so not only may the car react faster, but it is going to see things happening before a human could.
 

First electric truck to do lap around Australia completes journey after heatwaves and headwinds


 
Tesla SP jumped overnight when its Q3 profitablity jumped, beating most estimates.
And to top it off, tesla says its Cybertruck has finally hit profitability, something that many of its rivals are unlikely to achieve for years.
Could it mean that the price war in EV's has stabilised, and they are going to become more profitable??
Mick
From Zero Hedge


 

Wait until the new President of the USA is in, that is going to be interesting for Tesla SP.

 
Looks like a race between the US and China to get driverless cars to market.




Tesla Is Poised To Launch A Multi-Trillion Dollar Robotaxi Opportunity In 2025​

By Autonomous Technology & Robotics Team | @ARKInvest
Tasha Keeney, CFA, Sam Korus, & Daniel Maguire, ACA

Last week, Tesla delighted investors with its third-quarter earnings. The company reported better-than-expected profits, thanks to record-low vehicle costs, increased revenue from its high-margin Full Self-Driving (FSD) software, and surprisingly strong growth in revenue from energy storage and services. Tesla also reaffirmed its plans to launch a low-cost vehicle in the first half of next year that will support its 20-30% growth target for unit volume growth of its vehicles. Most important to ARK, Elon Musk confirmed that next year Tesla will launch a ride-hail service—in our view, unlocking a multi-trillion-dollar robotaxi opportunity—in Texas and California. We also learned that Tesla employees have been testing the service for quite some time in California.1

During its earnings call, Tesla shared ride-hailing insights that many expected to hear at the Cybercab event on October 10. Clearly, Musk made a strategic decision to defer some details important to investors until the earnings release. During the investor call, management noted that some states will require a safety driver until Tesla reaches specific time and mileage thresholds.2 Given its large fleet, Tesla should be able to meet those thresholds handily. Even if regulators were to delay the removal of safety drivers, ARK has outlined the strategic and tactical advantages of launching a human-driven ride-hail service first.3

In our view, Tesla should enjoy a price umbrella at its robotaxi launch, thanks to the high level of current ride-hail prices, as shown below, while leveraging a lower cost per mile than the average vehicle on the road. Why? The operating costs associated with electric vehicles are roughly one-third those of their gas-powered counterparts.4 Without safety drivers, Tesla has suggested that, at scale, its robotaxi rides will cost consumers only $0.30-0.40 cents per mile,5 slightly higher than ARK’s estimate of ~$0.25 per mile but well below current ride-hail costs of ~$2 per mile and personal car ownership costs of ~$0.70 per mile.6 Lower price points could unlock ~$11 trillion in revenue potential, ~80 times larger than the addressable market that Uber and Lyft target today, as shown below.



*$11 Trillion is the addressable market, not the revenue we expect in 2030, as we do not expect autonomy to penetrate all addressable miles. Source: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources, which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.
 
What about Google?
Their system is already operating in San Francisco and Phoenix!
 
They use pre-determined maps and are limited to those areas.
Which is why it works, we all know about Google Maps. 2 cities so far, Los Angeles and Austin soon.

Found the following:

The primary technical difference is that Waymo/Cruise use multiple sensor modalities: Lidar / radar / camera, while Tesla is camera only.

In a vision-only system it is much harder to (1) infer distance / depth of perception tracks, (2) have redundancy in the system, (3) validate using sim or otherwise that your system would do the right thing across a broad range of scenarios, simulating what cameras would see is more difficult.
 

Each system has its merits.

I just find that Google maps has too many fails, many times it has taken us on a wild goose chase.
 
Who sold their Tesla shares before the election?

I thought about it, and I would be lying if I didn’t say that I was worried but held on.



 
Who sold their Tesla shares before the election?

I thought about it, and I would be lying if I didn’t say that I was worried but held on.

View attachment 187470

View attachment 187471
I had a massive position on and wrongly thought Kamala was going to take it. I was sweating bullets. If Kamala won there were already threats of wiping out Elon.
Held firm and thank you Trumpy you knocked it out of the park. Huge trade.

A mate of mine was on bitcoin and bought himself a beach house with a lot of land. The trades are back.
 
One of the dumbest CEO deals ever tbh .

Anyway TSLA is a sell the pop trade for me . SP will have a 1 in front again before it ever has a 3 again

"

The questions: Will Tesla SP continue to increase or was the election a sugar rush?
Is the SP coming down soon to have a 1 in front?
Would the current SP have been possible with anyone else in charge other than Elon Musk?



 
Tariffs are supposedly incoming. I think Tesla gets hit in China if it does.

My biggest worry is that democrats have completely lost the plot and will actively work against Tesla. Otherwise Tesla would be a long term hold. I'm not that comfortable even with my freehold position.

Apparently Europe got squeezed for trying to censor twitter by Republicans. So maybe Tesla grows under Trump. The problem is the loons
 
Actually I will say this. I thought Elon was crazy to back Trump and p1ss off the left. But I'm a midwit talking $hit on stock forums. Elon is catching rockets on re-entry.

His Trump bet is already paying off.
His twitter bet scooped the presidency.
He is five steps ahead in a way that my limited intellect could only imagine. Too many people act like they are smarter than Elon when it's becoming obvious he is just far beyond everyone.
 

Well said. And I'd add that the woke class don't like Musk's views about freedom of speech or his wealth, and there are other groups that have a tall poppy syndrome, they have been very hostile towards Musk.

I also thought that his backing of Trump was crazy, and more than a few times I contemplated dumping the shares. But I kept coming back to fear and genius.

If we let our fear run our investments, we would be in the slow lane. The other thing is that Elon has pulled of many great things before, and he is young enough to pull off a few more.

There are some interesting comments on this video -

 
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I traded crypto and crashes, so I got use to $hitting my pants for breakfast.

This is my concern currently:


Musk doesn't care about downturns (he's rich already). But I don't like getting caught holding the bag. It's possible fan boys will hold up the stock.
But I expect sugar rush then a pullback. It's a hard one because I do believe they are best setup for mass production of robots, among multiple other things.

I like the look of palantir but damn that's run hard. It's one of those stocks I watched for too long without jumping on. Then thinking I'd get on it on the next pull-back.
 
I should mention I got out of tsla the other day. It may hit $400 but the juice ain't worth the squeeze for me at the moment. I don't like the political aspect.
I'm in a bearish mood and there's better % opportunities.
 
I have to admit I was a Musk sceptic, but you cannot doubt the guys visionary thinking.
he surrounds himself with scientists, engineers, techs and software guru's who share the vision and thus turn it into reality.
And this is just one plant.
Mick


 

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