4 ms·

absolutely. though the fair value price for Tesla is around $50/share, 10-20 is too low

• ben_w 1y ago
  $50/share would reduce their current absurd P/E of 162 down to about 27.5. BMW's P/E is currently about 7; Porsche about 12; Renault about 16; BYD (who has their own autopilot) about 24. Tesla's models are no longer competitive, the plans for the robo-taxi release this month is about 5.5 years behind Waymo (or 6.5 years if they use safety drivers, even remote ones), and several other businesses already sell humanoid robots for less than his speculative price for Optimus. Of Optimus: the public demonstration was uninspiring, because even if you assume it was all AI the only thing it did that was impressive was picking out a single voice in an environment with many unrelated background voices — but worse than that, there's increasing reason to suspect that even when Musk says "our AI does XYZ", it isn't and can't.
  • JumpCrisscross 1y ago
    > plans for the robo-taxi release this month is about 5.5 years behind Waymo (or 6.5 years if they use safety drivers, even remote ones) Clocking how far behind Tesla is remains tricky given the massive amounts of telemetry they collect from their legacy fleet. (As well as their seated production base.) We can only conclude, from their lack of a product, that they're probably no more than half a decade behind Waymo.