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Comment by vonneumannstan | Hacker News Reader

Going to be marked at some delusional valuation and at IPO retail bag holders are going to get absolutely massacred.

Like Musk's other great public company failures?

Tesla is marked at purely delusional prices as well. Total hopium on Optimus taking off while their core business craters.

Elon put everything he had into spacex and tesla. Against all odds, both worked out. He's now betting tesla on optimus. People are willing to believe him given his extremely successful track record of beating the odds. Is it guaranteed? No. If it was guaranteed it wouldnt be an investment. You take on risk for the chance at a reward. Calling it hopium is ridiculous--if there's anyone on the planet that has a track record of pulling off the near impossible its Elon.

I’m moderately long on Optimus. At least for US based robotics. When I look at the list of companies that can deploy moving stuff at scale, and I intersect that with those that have autonomous ai experience, .. there’s only one company in the us and it’s way way ahead of competitors considered as a joint probability. Boston dynamics is “sold out” next year with 25k industrial preorders. Tesla has the experience to launch a hyper scale factory out of the gate.

They are failures as far as products

This is comical give the model y has regularly been the best selling car in the world and the only EV to ever achieve such.

And what is the % over total car sold in the world during FY2024 ?

This is like saying "I am the largest land owner in the country" , big deal considering the enormous number at the denominator.

Also very convenient to just pick one model when brands like Toyota have 30+ and sell 11+ million cars per year every year

No... its people choosing to spend their hard earned money on a tesla product. It literally proves the claim that his companies produce bad products is false.

mediocre products considering they are a drop in the ocean of the 100+ million vehicles sold globally yearly and the 2.5bn vehicles exisiting globally

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