5 ms·

“Tesla Is Going to Win Level 5.” – George Hotz

21 points by electriclove 7y ago

electriclove 7y ago
Full video: https://www.youtube.com/watch?v=iwcYp-XT7UI https://www.youtube.com/watch?v=iwcYp-XT7UI
- tim333 7y ago
  ta. 39 mins in.
nabla9 7y ago
- He is not putting any time limit to when level 5 is achieved, but says Tesla is going to be first because they have more data. - He does not think that Tesla is going to do it in immediate future as they claim. Willing to bet real money against that. - Level 5 autonomous cars don't have first mover advantage.
linsomniac 7y ago
This is interesting because it feels like really only Elon Musk expressing confidence they were on the rails. Hotz saying this is interesting. Personally, Tesla seems a loooong way from reaching it. The current software makes a lot of bad decisions, even on the Interstate which should be a relatively "easy" environment. But at least I can play chess and astroids while I'm charging. :-)
sschueller 7y ago
For Tesla to achieve that they would need to be still around in a year. Right now the numbers do not look very good but of course that can change again.
- jasonvorhe 7y ago
  That's being said since Tesla was founded.
  - jdsully 7y ago
    They were actually in a great position until they bailed out Elon’s other company Solar City. Its one of the most blatantly unethical deals I’ve ever seen and the company has been in a perilous position since then.
    - sunstone 7y ago
      The final chapter has yet to be written for that deal.
- tim333 7y ago
  Their losses of about $1bn/yr are fairly small compared to their market cap of about $43bn at the moment implying they could finance things for quite a while. Though as you say things can change.
- mediaman 7y ago
  Look at cash flow and you'll see a story different from the casual media reports. Over $600mm in positive operating cash flow net of cap-ex in the last quarter. Over $1.3bn in positive operating cash flow net of cap-ex over the last four quarters. Currently they have $4.9 billion in cash and another 1.1 billion in short term receivables. And accounts payable balance has actually been paid down over the last four quarters. I don't own any but a lot of the financial journalism on tsla seems a little lazy.
angryasian 7y ago
seeing that his entire business is based on what is essentially a dashcam I understand why he is out saying this.

21 points by electriclove 7y ago

electriclove 7y ago

Full video: https://www.youtube.com/watch?v=iwcYp-XT7UI https://www.youtube.com/watch?v=iwcYp-XT7UI

tim333 7y ago
ta. 39 mins in.

nabla9 7y ago

- He is not putting any time limit to when level 5 is achieved, but says Tesla is going to be first because they have more data. - He does not think that Tesla is going to do it in immediate future as they claim. Willing to bet real money against that. - Level 5 autonomous cars don't have first mover advantage.

linsomniac 7y ago

This is interesting because it feels like really only Elon Musk expressing confidence they were on the rails. Hotz saying this is interesting. Personally, Tesla seems a loooong way from reaching it. The current software makes a lot of bad decisions, even on the Interstate which should be a relatively "easy" environment. But at least I can play chess and astroids while I'm charging. :-)

sschueller 7y ago

For Tesla to achieve that they would need to be still around in a year. Right now the numbers do not look very good but of course that can change again.

jasonvorhe 7y ago
That's being said since Tesla was founded.
- jdsully 7y ago
  They were actually in a great position until they bailed out Elon’s other company Solar City. Its one of the most blatantly unethical deals I’ve ever seen and the company has been in a perilous position since then.
  - sunstone 7y ago
    The final chapter has yet to be written for that deal.
tim333 7y ago
Their losses of about $1bn/yr are fairly small compared to their market cap of about $43bn at the moment implying they could finance things for quite a while. Though as you say things can change.
mediaman 7y ago
Look at cash flow and you'll see a story different from the casual media reports. Over $600mm in positive operating cash flow net of cap-ex in the last quarter. Over $1.3bn in positive operating cash flow net of cap-ex over the last four quarters. Currently they have $4.9 billion in cash and another 1.1 billion in short term receivables. And accounts payable balance has actually been paid down over the last four quarters. I don't own any but a lot of the financial journalism on tsla seems a little lazy.

angryasian 7y ago

seeing that his entire business is based on what is essentially a dashcam I understand why he is out saying this.