Tesla profit plunges as sales fall and AI expenses pile up | Hacker News Reader

Tesla profit plunges as sales fall and AI expenses pile up

axios.com

77 pointsrurp32 comments

And, of course, the stock price is up. I guess Tesla can keep skating above reality for more years.

Problem with that is that it makes a catastrophic price collapse more likely.

I suspect the people who matter will get their $1T payday first

I remember in 2015 saying on HN Teslas will never truly drive themselves and was laughed off this site. Still not there a decade later and now Musk says they are moving on to humanoid robots, another thing that’s never going to really happen.

My Tesla drove me to the supermarket today. I pushed a button and it took me there and parked in a good spot. It drove me to another state this summer. It works and works very well. Not sure if you’re up to date here because the full self driving is incredible. Nobody is even close to touching Tesla here, they’re 5 years ahead of any other car maker in this respect.

If by that you mean in terms of fatalities, then you would be accurate. Tesla advanced-driving systems have more recorded fatalities than the entire rest of the automotive industry worldwide combined.

It does not matter how you dice up the statistics (i.e., miles driven, risk levels of the drivers, by year, by location, etc). Tesla AP and FSD are the most dangerous driving systems on the road.

Tesla AP is a basic ADAS system like Toyota Safety Sense. So using FSD and AP in the same sentence basically reads like Microsoft Windows 3.1 and Microsoft Windows 11.

s/PROGMAN/EXPLORER/g

Waymo is better

Waymo is different. Waymo evolved over a period of 15 years into a mature and deployable robotaxi service. Waymo has a hardware strategy, enormous data infrastructure, real time data from 2 billion Maps and Navigation users, a support infrastructure that makes opex sense, which makes an ambitious expansion program possible. In other words it's got what it takes to be a real product and it is a real product. Possibly uniquely since the three Chinese Robo taxi services operates smaller fleets. Probably due to support requirements and a large number of interventions.

99% of my driving is FSD. Yea it took a while but with FSD 14 it's finally here. No other consumer self-driving is close. If you saw what this thing could do you would never not use it. It's like driving without a seatbelt now. You would never not want to be driving without it.

I had a former coworker who loved letting the FSD drive him places. He used to love driving people for lunch, ignoring all the crazy red flags like the car's inability to consistently detect other vehicles on the road around it or stay in the (clearly marked) lanes.

Then one day on the way home from work FSD nearly killed him.

He survived, but he will be crippled for life.

the remaining 1% when it drives you straight into crash barrier is sort of important

Are you sleeping in the back of the car while it drives itself, or is it still a party trick?

Be careful and dont drink the kool aid...all from 2025...

https://www.youtube.com/shorts/EhDTlYbn910

https://www.youtube.com/shorts/3wtJhOj5Ouk

https://www.youtube.com/shorts/CqazhMw205c

https://www.youtube.com/shorts/McX19KSWmbU

https://www.youtube.com/shorts/p5QrtF2VYwE

https://www.youtube.com/shorts/2na2I0E55-o

https://youtu.be/JoXAUfF029I

I don't need to drink anything. Having two drivers is better than one.

Honestly, I'm done trying to convince FSD deniers. You'll be in an autonomous car full-time in 10 years, no matter what, so who cares?

We're not really "denying" anything when we are agreeing with reality..

You're not agreeing with reality because you haven't used FSD 14. You're making assumptions on headlines and older versions. And honestly, 95% of the time, people are making assumptions about FSD when, in reality, they're thinking about Autopilot.

Ah how strange to make assumptions about revision 14, when “full self driving” rev 1-13 sucked and killed people.

"You'll be in an autonomous car full-time in 10 years, no matter what"

Hmmm... maybe. It's possible that in 10 years I'll still be driving the car I drive today, although not that likely. Pretty sure my next car will be electric. Autonomous I'm not so sure about. We'll see, I guess.

I don't entirely get the appeal of a self-driving car. What am I going to do while the car drives itself? I can't read in a moving vehicle. On a long trip, the most likely thing I would do is fall asleep and that does not seem like a great idea.

Just ten more years! Take my money!

Yea that's right, 10 years for you in your car. Right now, for people who own Teslas.

[flagged]

It stops working if a little dirt gets on the camera.

Except it doesn't. Are you basing your comment on experience or Reddit posts?

> Musk told the World Economic Forum in Davos last week that Tesla would begin selling humanoids by the end of 2027: "I think everyone on earth is going to have one and want one."

Sure. He also thought there would be a million Tesla robotaxis on the road by 2020:

https://www.thedrive.com/news/38129/elon-musk-promised-1-mil...

My favorite is taking deposits for the roadster since 2017:

> A prototype of the Roadster was shown in a surprise moment…with a tease of availability in the year 2020

> In July 2020, during the 2020 second quarter financial results conference call, Musk stated that Tesla plans to tentatively build the Roadster in California and production would be in the next 12 to 18 months, indicating mid to late 2021.[33]

> In January 2021, Musk tweeted that production would be delayed until 2022. He commented that in 2021, the company would finish engineering the Roadster with the goal of having a "candidate design drivable late summer".[34] In September 2021, Musk said that production would be delayed until 2023.[35] Musk further confirmed the 2023 target at the 2021 shareholder's meeting in October,[36] which was then changed to 2024 at the May 2023 shareholder's meeting.[37] In February 2024, the production date was changed to 2025.[38]

Anyone else concerned that "humanoid" is not followed by "robot" in that quote?

It might be wordsmithing to skirt around "robot" as a fully autonomous entity. Much like their FSD, I expect they aren't going to deliver full autonomy anytime soon.

Wasn’t aware of this.

Master con man play. Every. Single. Time. There’s blood in the water, he knows to drop outlandish forward claims just to keep the stock from dipping, his legion takes the bait. Justifies why it’s good the company is bad at x,y,z because the technology is “so good”.

Meanwhile, what does ship is always broken and poor quality.

He did deliver quite well with cars rockets and starlink. It went off the rails a bit with the cybertruck and salute stuff but most con guys don't build industries.

Earlier: https://news.ycombinator.com/item?id=46801851

Reply on news.ycombinator.com