3 ms·

> He doesn't have FSD, camera only navigation without sensor fusion with LIDAR will fail, the only thing keeping Tesla where it is is the bullshit dispersal fie

by jjav 9mo ago

> He doesn't have FSD, camera only navigation without sensor fusion with LIDAR will fail, the only thing keeping Tesla where it is is the bullshit dispersal field that surrounds Musk. So if I hear what you're saying, the stock will be up another 50% this year!

uyzstvqs 9mo ago
[flagged]
- InsideOutSanta 9mo ago
  Tesla has become a meme stock. The stock's performance is disconnected from the company's performance. I agree that Tesla has clear strengths, like the vast amount of data they've collected from their cars, and their charging network, but it's also obvious that something is going very, very wrong with that company. The stock value is not reflecting that.
  - moralestapia 9mo ago
    Tesla is trading at 10x its revenue, which is kind of OK, so there's that. (Do. Not. Look. At. P/E.)
    - malshe 9mo ago
      10x revenue for a company with declining sales is way overvalued.
- p_l 9mo ago
  Fun fact - recently it was declared that both Tesla and CCP EVs are to be treated as completely untrusted and not accepted in any semi-secure facilities in Poland (so including pretty much any military location)
- lisdexan 9mo ago
  >Tesla is leading and succeeding. People have faith in Musk as a leader. Nobody trusts CCP EVs, just like nobody trusts Huawei or Xiaomi phones. That sounds literally like a religious mantra. Do rational investors have 'faith' in the Costco CEO? Do they even know his name on top of their head?
- happymellon 9mo ago
  > like nobody trusts Huawei or Xiaomi phones. Loads of people trusted Huawei, even after all the hyperbole about backdoors for the government. It needed regulators banning Huawei to knock their share of the market and protect the homegrown spyware.
  - KomoD 9mo ago
    I trust Xiaomi, they make great phones.
    - ben_w 9mo ago
      They can make great phones and still be spying on the user and everyone near them. They wouldn't be good for intel gathering (either deliberate or incidental, c.f. FitBit or whatever leaking some US military info because of all the soldiers tracking themselves) if they weren't also just straight up good products. This lack of exclusivity between "quality" and "spying" is also why I found it hard to trust US products even before Trump 2.
      - KomoD 9mo ago
        > They can make great phones and still be spying on the user and everyone near them. All of them spy on me so it makes no real difference to me.
        ben_w 9mo ago
        I get what you mean. I guess it comes down to "does the government that is spying on me, want me to succeed in general or fail in general?" As a British citizen living in Berlin, running US software on Chinese hardware (iPhone? Made in China; Kindle? Made in China; MacBook Pro? Made in China; random torches? Made in China; PV? Made in China), it's kinda hard for me to guess who is doing what spying and what they care about with that spying.
  - thephyber 9mo ago
    The government bans on Huawei were obviously do to three reasons: network security, economic competition, and politics. Huawei doesn’t only make phones — they also make the cell network infrastructure and they sell it at much lower costs than American companies do. The US put pressure on allied countries to divest from Huawei infrastructure (especially 5G cell networking) to both avoid the security risks and to leave those allies with only American companies to buy from. And we can’t forget that Trump very publicly used Huawei’s executive as a hostage to a negotiation.[1] [1] https://en.wikipedia.org/wiki/Extradition_case_of_Meng_Wanzhou https://en.wikipedia.org/wiki/Extradition_case_of_Meng_Wanzh...
- epolanski 9mo ago
  Most of the world is buying chinese EVs and likes them. Also, fun fact, I do own a Xiaomi 13T and I'm absolutely happy with my phone.
- ThatMedicIsASpy 9mo ago
  Faith and trust is something nobody uses to describe Musk. Maybe you should pop your own bubble you seem to live in? Using faith and trust while completely ignoring twitter?
  - thephyber 9mo ago
    Tesla investor meetings are just lots of investor bros who have faith in Musk. They trust that Musk can continue to deliver the mindshare that he previously did to get the stock price to where it is. I think he has tremendous downside risk, but there are a ridiculous number of people who still have “faith and trust” in him despite all of his downside risk.

by jjav 9mo ago

uyzstvqs 9mo ago

[flagged]

InsideOutSanta 9mo ago
Tesla has become a meme stock. The stock's performance is disconnected from the company's performance. I agree that Tesla has clear strengths, like the vast amount of data they've collected from their cars, and their charging network, but it's also obvious that something is going very, very wrong with that company. The stock value is not reflecting that.
- moralestapia 9mo ago
  Tesla is trading at 10x its revenue, which is kind of OK, so there's that. (Do. Not. Look. At. P/E.)
  - malshe 9mo ago
    10x revenue for a company with declining sales is way overvalued.
p_l 9mo ago
Fun fact - recently it was declared that both Tesla and CCP EVs are to be treated as completely untrusted and not accepted in any semi-secure facilities in Poland (so including pretty much any military location)
lisdexan 9mo ago
>Tesla is leading and succeeding. People have faith in Musk as a leader. Nobody trusts CCP EVs, just like nobody trusts Huawei or Xiaomi phones. That sounds literally like a religious mantra. Do rational investors have 'faith' in the Costco CEO? Do they even know his name on top of their head?
happymellon 9mo ago
> like nobody trusts Huawei or Xiaomi phones. Loads of people trusted Huawei, even after all the hyperbole about backdoors for the government. It needed regulators banning Huawei to knock their share of the market and protect the homegrown spyware.
- KomoD 9mo ago
  I trust Xiaomi, they make great phones.
  - ben_w 9mo ago
    They can make great phones and still be spying on the user and everyone near them. They wouldn't be good for intel gathering (either deliberate or incidental, c.f. FitBit or whatever leaking some US military info because of all the soldiers tracking themselves) if they weren't also just straight up good products. This lack of exclusivity between "quality" and "spying" is also why I found it hard to trust US products even before Trump 2.
    - KomoD 9mo ago
      > They can make great phones and still be spying on the user and everyone near them. All of them spy on me so it makes no real difference to me.
      - ben_w 9mo ago
        I get what you mean. I guess it comes down to "does the government that is spying on me, want me to succeed in general or fail in general?" As a British citizen living in Berlin, running US software on Chinese hardware (iPhone? Made in China; Kindle? Made in China; MacBook Pro? Made in China; random torches? Made in China; PV? Made in China), it's kinda hard for me to guess who is doing what spying and what they care about with that spying.
- thephyber 9mo ago
  The government bans on Huawei were obviously do to three reasons: network security, economic competition, and politics. Huawei doesn’t only make phones — they also make the cell network infrastructure and they sell it at much lower costs than American companies do. The US put pressure on allied countries to divest from Huawei infrastructure (especially 5G cell networking) to both avoid the security risks and to leave those allies with only American companies to buy from. And we can’t forget that Trump very publicly used Huawei’s executive as a hostage to a negotiation.[1] [1] https://en.wikipedia.org/wiki/Extradition_case_of_Meng_Wanzhou https://en.wikipedia.org/wiki/Extradition_case_of_Meng_Wanzh...
epolanski 9mo ago
Most of the world is buying chinese EVs and likes them. Also, fun fact, I do own a Xiaomi 13T and I'm absolutely happy with my phone.
ThatMedicIsASpy 9mo ago
Faith and trust is something nobody uses to describe Musk. Maybe you should pop your own bubble you seem to live in? Using faith and trust while completely ignoring twitter?
- thephyber 9mo ago
  Tesla investor meetings are just lots of investor bros who have faith in Musk. They trust that Musk can continue to deliver the mindshare that he previously did to get the stock price to where it is. I think he has tremendous downside risk, but there are a ridiculous number of people who still have “faith and trust” in him despite all of his downside risk.