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Because it is a public company that aims to maximise shareholder value and thus the value of it's stock. Since value is largely evaluated by perception, if you
by zipy124 2y ago
Because it is a public company that aims to maximise shareholder value and thus the value of it's stock. Since value is largely evaluated by perception, if you can convince people your product is better than it is, your stock valuation, at least in the short term will be higher.
Hence Tesla saying FSD and robo-taxis are 1 year away, the fusion companies saying fusion is closer than it is etc....
Nvidia, AMD, apple and intel have all been publishing misleading graphs for decades and even under constant criticism they continue to.
- fancyfredbot 2y agoI understand the value of perception. A big part of my issue here is that they've really messed up the misleading benchmarks. They've failed to compare to the most obvious alternative, which is Nvidia GPUs. They look like they've got something to hide, not like they're ahead. They've needlessly made their own current products look bad in comparison to this one understating the long-standing advantage TPUs have given Google. Then they've gone and produced a misleading comparison to the wrong product (who cares about El Capitan? I can't rent that!). This is a waste of credibility. If you are going to go with misleading benchmarks then at least compare to something people care about.
- zipy124 2y agoThat's fair enough, I agree with all your points :)