4 ms·

lol.... who would have thought that a circular shape would be better for a steering wheel in a consumer car...

mkraft 4y ago
If you set out to reinvent many of aspects that are conventional of a complex machine like a car, I’ll forgive you for not getting 100% of them right.
- jrm4 4y ago
  Which is why you shouldn't "set out to reinvent" just for the sake of looking cool, and why Tesla is starting to be valued at what it's actually worth, aka not a whole lot.
  - jdminhbg 4y ago
    > aka not a whole lot Lord grant me a business worth $400B, aka not a whole lot.
    - heavyset_go 4y ago
      It's still got a way to go until it reaches a sane valuation, and the stock is still falling.
      - nverno 4y ago
        I'd love for it to drop to a 'sane' valuation so I could get in. Already itching to pull the trigger, but I think it could shave off another $20-30.
        cwalv 4y ago
        You could sell secured put options and end up making a decent return even if it doesn't drop http://opcalc.com/PJM http://opcalc.com/PJM
      - taylodl 4y ago
        Tesla's average transaction was $65K in 2022. There were 1.3 million transactions. That's $84.5B in transactions. Companies are typically valued at 7x their transactions which would be $591.5B - which we'll just call $600B. If Tesla is currently valued at $400B then they're undervalued by 33% and that would put Tesla at a BUY. These are all back-of-the-napkin calculations and assumes Tesla will sell as many cars in 2023 as they did in 2022 and in fact will continue to do so for the foreseeable future. I'm not an automotive industry expert but I don't see any reason why Tesla wouldn't. I think part of the reason Tesla's stock pulled back so much in 2022 is the realization that Tesla may not have that much GROWTH left.
- svnpenn 4y ago
  A single u-turn should have been all Tesla needed to understand how terrible an idea yoke is. You try arm over arm, then crash the car.
  - themitigating 4y ago
    There are other hand methods when using a yoke that work just as well. I think they assumed people would adapt. Considering it's already an EV maybe they thought people would be more willing to try new things.
  - brandonagr2 4y ago
    I have over 25k miles in an S with a yoke, there was one day where I was exiting a parking lot and the yoke was upside down and the turn signals buttons were backwards that was a slight annoyance. Other than that I have never had an issue turning with the yoke and wouldn't want to go back to a wheel that blocks the instrument cluster constantly.
    - zzz345345 4y ago
      > that blocks the instrument cluster constantly. they also could move the instruments (but besides the speedometer... most of them are somewhat useless anyways... and with a FSD car, even the speedometer should be useless)
  - collegeburner 4y ago
    never driven a tesla, but also steer by palming rather than hand over hand so can't people just do that?
- happytoexplain 4y ago
  This is a pretty generous framing. The use case differences between round and rectangular steering wheels are well understood. There was something else motivating this, not "reinventing the conventional", as it would be phrased in a TV spot.
- zzz345345 4y ago
  I won't forgive Elon Musk for trying to put a transmission in an electric car... luckily it didn't work.

If you set out to reinvent many of aspects that are conventional of a complex machine like a car, I’ll forgive you for not getting 100% of them right.

jrm4 4y ago
Which is why you shouldn't "set out to reinvent" just for the sake of looking cool, and why Tesla is starting to be valued at what it's actually worth, aka not a whole lot.
- jdminhbg 4y ago
  > aka not a whole lot Lord grant me a business worth $400B, aka not a whole lot.
  - heavyset_go 4y ago
    It's still got a way to go until it reaches a sane valuation, and the stock is still falling.
    - nverno 4y ago
      I'd love for it to drop to a 'sane' valuation so I could get in. Already itching to pull the trigger, but I think it could shave off another $20-30.
      - cwalv 4y ago
        You could sell secured put options and end up making a decent return even if it doesn't drop http://opcalc.com/PJM http://opcalc.com/PJM
    - taylodl 4y ago
      Tesla's average transaction was $65K in 2022. There were 1.3 million transactions. That's $84.5B in transactions. Companies are typically valued at 7x their transactions which would be $591.5B - which we'll just call $600B. If Tesla is currently valued at $400B then they're undervalued by 33% and that would put Tesla at a BUY. These are all back-of-the-napkin calculations and assumes Tesla will sell as many cars in 2023 as they did in 2022 and in fact will continue to do so for the foreseeable future. I'm not an automotive industry expert but I don't see any reason why Tesla wouldn't. I think part of the reason Tesla's stock pulled back so much in 2022 is the realization that Tesla may not have that much GROWTH left.
svnpenn 4y ago
A single u-turn should have been all Tesla needed to understand how terrible an idea yoke is. You try arm over arm, then crash the car.
- themitigating 4y ago
  There are other hand methods when using a yoke that work just as well. I think they assumed people would adapt. Considering it's already an EV maybe they thought people would be more willing to try new things.
- brandonagr2 4y ago
  I have over 25k miles in an S with a yoke, there was one day where I was exiting a parking lot and the yoke was upside down and the turn signals buttons were backwards that was a slight annoyance. Other than that I have never had an issue turning with the yoke and wouldn't want to go back to a wheel that blocks the instrument cluster constantly.
  - zzz345345 4y ago
    > that blocks the instrument cluster constantly. they also could move the instruments (but besides the speedometer... most of them are somewhat useless anyways... and with a FSD car, even the speedometer should be useless)
- collegeburner 4y ago
  never driven a tesla, but also steer by palming rather than hand over hand so can't people just do that?
happytoexplain 4y ago
This is a pretty generous framing. The use case differences between round and rectangular steering wheels are well understood. There was something else motivating this, not "reinventing the conventional", as it would be phrased in a TV spot.
zzz345345 4y ago
I won't forgive Elon Musk for trying to put a transmission in an electric car... luckily it didn't work.