They are activating it December 2016...

I assume the regulatory approval is the key point that causes this backtrack. What an incredible spin, they're waiting 2 months to be sure it works properly and as intended. They'll collect data with the few thousand cars they're producing in the time period.

And I'm not sure if you understand that every Tesla with the regular autopilot will keep the autopilot. So how in the world is this a backtrack?

Amazon.bomb
Investors are beginning to realize that this storybook stock has problems

Unfortunately for Bezos, Amazon is now entering a stage in which investors will be less willing to rely on his charisma and more demanding of answers to tough questions like, when will this company actually turn a profit? And how will Amazon triumph over a slew of new competitors who have deep pockets and new technologies?
...
Amazon last year posted a loss of $125 million on revenues of $610 million. And in this year's first quarter it got even worse, as the company posted a loss of $61.7 million on revenues of $293.6 million.
...
Against this backdrop, Amazon is looking more and more like a traditional retailer, complete with an expensive network of warehouses loaded down with inventory. So far this year, Amazon has bought two warehouses in Kentucky and signed leases for facilities in Nevada and Kansas, adding to its two existing sites in Seattle and Delaware. In other words, Amazon is buying a lot of costly bricks and mortar, the very stuff that is supposedly bloating costs at traditional retailers.
...
"Once Wal-Mart decides to go after Amazon, there's no contest," declares Kurt Barnard, president of Barnard's Retail Trend Report. "Wal-Mart has resources Amazon can't even dream about."
...
In this tough environment, it probably shouldn't be surprising that Amazon is losing so much money. In fact, the company had negative operating margins of about 10% in the first quarter, meaning it spent $1.10 to bring in each $1 of revenues. And results are expected to get worse in the second quarter, when operating margins should be a negative 23% as the company raises its spending on advertising and warehouses dramatically, says Sara Zeilstra, consumer e-commerce analyst at Warburg Dillon Read. She has a "hold" rating on the stock.

Relevant.

This is factually wrong by the way. AP 1 is not being turned off or changed in cars already on the road. The new AP 2 enhanced driver assist will be activated on new production cars in 2-3 months, which is essentially the same way they did AP 1. Included the hardware and activated after a few months of finishing software with additional in the field data. Tesla had to announce new hardware in this fashion, if they just included 8 cameras in new cars and said nothing it would be widely reported within days and they would have to come out and announce it anyway.

Seems like a horrific hot take

I think you mean the same dumb hot takes that are being foisted on Tesla show a striking resemblance to the dumb ass short sighted hot takes that were thrown at Amazon for several years early on.

Am now realizing that article was probably from the distant past. Makes sense now.

There is no doubt TS is delusional in his hatred for Tesla's tech.

A+

Boom!

EPS $0.14, Rev 2.3B. Adjusted EPS $0.71
Gross margin 27% per car sold.

edit - added to my position before market close today

FCF positive $176M

Guidance 4Q deliveries > 25K

Guiding for GAAP profitability in Q4 as well.

It seems like he is unwilling to take any news as good news. He is so anti Tesla, that it doesn't matter what happens he will always view everything in a negative light.

lol?

Who hates "tech"? What a weird idea. My position is pretty simple:

- Tesla is a flawed business model competing in a cutthroat industry for which it lacks the scale and skill and capital. If you think retail is anything like making cars, lol.
- Its current business model (high end luxury with bells and whistles and cool stuff, sold at a loss) cannot scale to the low end, and has limited growth potential.
- It has no price advantage - in fact it has a large disadvantage vs the majors
- Lower end is price-dependant. These aren't $700 iPhones, which is one paycheck, or subsidized by the carrier. They're several years of saving for the average salary. The highe end market where you can make a nice car is only so large, then the features and "wow" go to crap on the lower end, which is about cost cutting, lower quality, and compromises.
- Musk is a charlatan who many have argued has basically committed securities fraud at this point.
- Musk's actions, where he bills himself as being the great hero of mankind, will have zero difference on the widespread adoption of electric cars. That's determined by price relative to ICE, and Musk has nothing to do with it.
- It's already priced as if it's making 3 million cars/year with 10% profit (cf. Ford). You ain't getting value here.
There are several spots in this thread where I recommended getting long (and was correct). That's the complete opposite of your claim.

Anyway, the stock is untradable at the moment thanks to the SolarCity fraud/insider payoff. It doesn't run like it normally does up or down

Some good analyst discussion of Q3 results.

Model 3 production Line Layout complete:
https://electrek.co/2016/10/26/tesla...ut-subsystems/

$3.1B to play with.

Even I was positively surprised.

https://techcrunch.com/2016/10/26/mu...eople-vs-uber/

Just incredible statements. Even more incredible that they're believed. Musk is basically Trump for techheads.

Love Elon.

https://teslamotorsclub.com/tmc/thre....23473/page-76
Also Uber making flying taxis:
http://uber.com/elevate.pdf

Solid #HOTTAKE. That is TS level.

There should be a containment thread for just outright insane posts. But many people here think Google has a search moat, so here we are.

Tesla's new roof:
http://www.solarcity.com/residential/solar-roof

:P

5 months ago

Not sure how you think I have incorrectly assessed your hatred for Tesla's technology.

Your call on Tesla being 5+ years out from successfully navigating inner city traffic seems at risk with ~4.5 year left to go. Congrats.

Don't you think you're getting a bit ahead of yourself here? The only thing Tesla has done is put an upgraded sensor set on their cars, and announced they're going to start grabbing data. It's like you think they've nearly solved inner city driving by putting a sensor set on their car. It's weird. They put the sensor set on to upgrade their woefully inadequate system that resulted in someone being DECAPITATED because their software and hardware couldn't spot a huge truck right in front of it with many seconds of warning.

Your post is the perfect example of how Musk chumps morons by promising the future just around the corner with some meaningless gesture, and then pushing it out further and further. He's done that for over five years already - every deadline and projection missed, often by years. Every plan missed. But by the time has come around to measure that deadline and notice it's a year late, he's announced the Next Big Thing that gets chump excited. As an example:

What happened to the PowerWall and its huge demand/preorders?

Here is one figure they released two days ago:

Thanks for that. So a total dud, then. Here are the claims:

Tesla's battery grabbed $800 million in its first week
Tesla announces 38,000 preorders for PowerWall
May 26, 2015:
We're near the end of 2016, beyond the point where Tesla said they'd be. Even taking Tesla's own numbers and ignoring the weasel-worded "nearly", Tesla has fulfilled a mere $150 million in orders, at no profit. This is a mere 18% of what they claimed was initial demand, 3 months after they claimed that demand would be filled, with another full 1.3 years of demand/orders on top of initial.

See what I'm getting at? Total bull**** headlines building huge excitement (the clown Mihkel05 got fever-brained enough around this time to call them an "energy company"). These huge claims have panned out to a mere 18% of claimed order fill, even given the extra time.

I repeat again: does anyone want to put money down that Musk will meet his "full autonomy" claims by the end of 2017?

Perspective
Define the bet and odds. I might be willing to bet, could even consider putting up the prediction market for this if you are interested for 1btc. But specifying it might be tricky.

Stop posturing for dinner money. It is obvious that it won't be ready for even federal and state highways.