Tesla Makes It Harder for Investors to Ignore Its Problems
wsj.com
wsj.com
One idea - put the AI tech in a new company (with a contract to provide Tesla with FSD if they ever develop it), so Musk can play with AGI and androids on his day off and give him half the shares if Tesla sales increase.
I could see Tesla branching out in many sectors and become something like the new Samsung/Siemens/Mitsubishi...etc.
That’s Tesla’s favorite release date. “Soon” or “next year”
Yes, Elon says that. What do your eyes tell you? My tell me they are just cars.
Will their cars also be able to do the washing up and their robots take me and the kids camping for a weekend?
I guess that's the idea, but is it reality? They are starting to install a few batteries (Tesla Energy), which isn't far from their core business. But it's still a tiny part of their revenue. What else?
But that's almost the same thing - Mitsubishi nuclear, Nikon, and the car company etc. are run as individual companies under the same holding family.
If your going to make cars you need to try to make cars people want as well as you can or customers will buy elsewhere (like BYD in Asia)
Sometimes I wonder what possesses a person to always point to single, extremely rare examples as analogies, like this. Tesla is not Amazon. Hocking goods online is not selling cars. Does Amazon really make much money off of anything but AWS?
I dislike Amazon and Tesla pretty equally, but then Bezos didn't royally screw up Twitter, so there's that.
Except they didn’t. It was always meant to be its own line of business with external customers.
For the tech part, it is where the big profit is. That's why its market cap is so much higher than Toyota and close to all the other car manufacturers combined. That's because it is seen as the next Apple, not as just a car company. Whether this idea has merit is debatable, but the markets think it does, and it would be crazy for Tesla to turn down all that money.
In relation to that, "building better cars" means building cars that sell more - either having the characteristics/features that people want and are willing to pay for or making them cheaper.
It isn't enough to say that current customers love it, but how many potential customers will
And no, not everyone, or even most people, are going to like it or buy it, but that is true about every make and model of car ever made.
https://www.statista.com/statistics/502208/tesla-quarterly-v...
Also; self-driving cars are just robots on wheels.... that utilize extreme edge "tech" - in the form of advanced machine learning, computer vision, artificial.... problem solving, and generally the associated compute solutions required to engineer a robot that can store enough energy on itself for useful human travel, let alone making the whole damn thing safe, let ALONE making the whole damn thing marketable
Now. What other CAR company does any of that, to any degree?
The "anti-Musk" virtue signal is by far the most annoying one on either side of a stupid arbitrary peanut gallery.
Anyone thinking Elon Musk is anything short of an incredibly intelligent, talented, skilled, and tenacious entrepreneur and - dare I say - engineer - we have the fortune to see in our era. He is controversial but ignore the noise. The actual ground truth is extremely, extremely impressive.
Think all that has happened since just the iPhone with all of his companies, and why, and how. Perhaps that would inform a better opinion than whatever the news cyclists have suggested your way this week.
MSM clearly loves writing about him (how else will they fill the void of showing us Trump tweets everyday?) Many people just follow the establishment narrative and billionaires and government officials are the easiest boogeyman before you have to give it some thought.
I will continue to like people for the good things they do and focus my criticism on their actions rather than the person.
So you need to agree with this or you're pushing an "anti-musk" narrative?
I can acknowledge that his companies have done some interesting things. But he and his companies also have contributed to suffering and evil. One might see this as simple arithmetic and say that on balance, he has done good. But this is simple arithmetic. You can't just make the suffering you have caused go away by building cool technology that might benefit some other people.
How we can let such concentration of power and wealth go by is beyond me. If you think this story has a happy ending, you haven't been paying attention.
For example, there are many reports that there's sexism, racism and injuries at his companies, and he doesn't seem to care. He doesn't have to have any regard for the wellbeing of his employees, let alone people who don't work for him.
Buying Twitter and giving far-right people a huge megaphone is definitely not good. He himself amplifying some of these messages and conspiracy theories is also very bad. People suffer directly as consequences of these actions. You might think that a couple of nutty Nazis spewing hate messages on Twitter doesn't have real world consequences, but you'd be very wrong.
The difference between you and me is that I think people who disagree with me should have equal rights and ability to use internet platforms as I do.
Are you an anti-capitalist? Or are you privy to a list of Elon's victims, whom continue to suffer injustice while the (implied) maniac roams free; building giant rockets and factory-farming human suffering?
I wonder where the goalposts will be next time!
The _company_ probably would, but the share price might not.
They seem ideologically well aligned to me.
Musk appears to have changed his ideological alliances, but the Wall Street Journal still has beef with electric cars and solar panels. Their editorial page still regularly calls climate change a hoax.
It is just my observation, but I think Tesla is like 5 years ahead when it comes to battery safety.
Well, I better tell my neighbour who has his MG4 parked in his driveway this precise moment!
After over 20 years of development, BYD has grown from a brand that has never been known in Europe to a compelling new energy vehicle industry leader. Thanks to the efforts of the European branch, BYD's pure electric buses have already been sold in more than 20 countries and in over 100 major European cities including Amsterdam (the Netherlands), London (the UK), Ankara (Turkey), Madrid (Spain), and Turin (Italy).
Besides that, BYD has one electric bus factory in Europe which is located in Komarom, Hungary.
Europe is full of Chinese EVs. I see MG and BYD cars all the time, with Nio starting to make inroads. Plus of of course Polestar (which may or may not be a Chinese EV depending on how you define things)
I'm seeing a lot about security concerns (i.e. the usual China/surveillance thing), but not a lot about battery safety, apart from scooter batteries. (China-specific concerns that is, beyond the general EV battery concerns).
Eh? The best-selling EV brand for the last few months in Germany has been BYD.
Just don't buy one.
I hate 2 ton luxury monsters that require 100 000 watts for charging.
Perhaps the hate the culture or the messaging around the technology right now, but ‘hating EVs with a passion’ seems weird.