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TSLA showing cracks? TSLA showing cracks?

10-21-2020 , 04:49 PM
For a company going out of business soon, sure looks like they crushed this quarter...
TSLA showing cracks? Quote
10-21-2020 , 04:57 PM
love it when my car company crushes it and trades at 900x earnings instead of 1000x

Last edited by BooLoo; 10-21-2020 at 05:06 PM.
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10-21-2020 , 05:04 PM
Not seeing the crushing. Looks pretty terrible to me.

Tesla were on the brink of bankruptcy 1.5 years ago, then Musk pulled the greatest con job of the 21st century so far with the following fraudulent claims:

- "Fully Self Driving feature complete by the end of 2019"
- "1 million robotaxis on the road by the end of 2020 earnings $10 bilion a year for Tesla in profits
- The price of Tesla cars will appreciate at least 5x in 2020 as "Fully Self Driving" goes online.

It was an amazing fraud that got Musk $3 billion in desperate financing, soared the stock 1000% off lows and put some demand and major PR back into Tesla's failing brand.

Like I said he's the greatest fraud/conman of our generation. Credit where credit is due. He got himself out of the woods.

In terms of actual fundamentals, the business looks terrible. Tepid automotive growth despite expansion into China AND a new model (Y) touted as 3x the addressable market of the Model 3, which has flopped badly. All the of the non-automotive products are zero growth failures. There's nothing in the pipeline that I can see beyond Y.

It's looking like a fraud and hype inflated struggling car company and not much else, which is worth a P/E of about 7 (maybe triple that for some weak growth). Major fraud still going on. Plenty of cash thanks to selling fraud-inflated stock to stay alive for a long time, though.
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10-21-2020 , 05:13 PM
They would have lost money again if they didn't have $650 million in regulatory credits. Saying they crushed it seems like a bit much. I think a lot of us agreed that the bankruptcy ship had sailed a long time ago. But now it's about when are they going to trade at an auto mobile manufacturer multiple. They're still trading 10 to 15 times the price they should be at

Multiple is completely based off lies and flse hopes. FSV leader, battery production monopoly, appreciating asset robotaxis, things like that that will never come to fruition

1.2 billion in limited reg credits for 500 million in GAAP earnings is pretty yikes for long term prospects

Last edited by coordi; 10-21-2020 at 05:22 PM.
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10-21-2020 , 05:53 PM
Welp looks like rip my spreads
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10-21-2020 , 06:27 PM
Quote:
Originally Posted by coordi
They would have lost money again if they didn't have $650 million in regulatory credits. Saying they crushed it seems like a bit much. I think a lot of us agreed that the bankruptcy ship had sailed a long time ago. But now it's about when are they going to trade at an auto mobile manufacturer multiple. They're still trading 10 to 15 times the price they should be at

Multiple is completely based off lies and flse hopes. FSV leader, battery production monopoly, appreciating asset robotaxis, things like that that will never come to fruition

1.2 billion in limited reg credits for 500 million in GAAP earnings is pretty yikes for long term prospects
Furthest thing from a TSLA fanboy although did post upthread abit jealous at my buddy clearing Million$+ on options despite having no knowledge on stocks....anyways didn't they also book a nearly offsetting cost of issuing Elon options so that they essentially cancel out when looking at operating earnings??
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10-21-2020 , 06:42 PM
Quote:
Originally Posted by theviolator
Furthest thing from a TSLA fanboy although did post upthread abit jealous at my buddy clearing Million$+ on options despite having no knowledge on stocks....anyways didn't they also book a nearly offsetting cost of issuing Elon options so that they essentially cancel out when looking at operating earnings??
I'm a dumbdumb. Was looking at Heltok's predictions like it was screen shot of Tesla release.

They used less reg credits this quarter.

Don't really ahve time to dig into the release this second.
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10-22-2020 , 02:56 AM
So now they are releasing self driving death machines on the roads. Once they start crashing everywhere Tesla is done!

UI Video

https://twitter.com/brandonee916/sta...16201742618627

4 way stop sign, pedestrian detection, left turn, all at night.

https://twitter.com/brandonee916/sta...26180675481600

City driving

https://twitter.com/brandonee916/sta...28919346327552

Hype reaction video

https://twitter.com/teslaownersSV/st...37024171937792

More city driving, city streets left turn

https://twitter.com/teslaownersSV/st...42259086913536

Another reaction video of left turn

https://twitter.com/teslaownersSV/st...42753079455745

City driving with road and visualization. Watch the incredible visualization of the intersection at the end

https://twitter.com/brandonee916/sta...48921189326848

Roundabout!

https://twitter.com/brandonee916/sta...49428091932674

Right turn video

https://twitter.com/teslaownersSV/st...58282330632193

And Elon pulling a final scam, increasing FSD price by $2k to squeeze out a final profit in Q4 before this joke company finally comes to an end:
https://twitter.com/elonmusk/status/1319164198241341440

Remember this:

Last edited by heltok; 10-22-2020 at 03:16 AM.
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10-22-2020 , 03:37 AM
Watching you get excited about 10 year old technology is pretty hilarious. They're still dead last, likely even further behind than they were.

Getting to 95% is trivial. Waymo got to 99% 5 years ago. In 2015:

- Nissan needed human intervention once every 247 miles
- Cruise needed human intervention every 430 miles
- Waymo needed human intervention every 4600 miles

5 years later, Musk tweets that he can drive from work to home with "barely" any interventions, which sounds like an intervention every ~10 miles. That's 2010 technology. Off-the-shelf road/object recognition that you can buy from nVidia is better than this crap.

It's embarrassing and sad that Tesla took this long to get here. As evidenced by your breathless enthusiasm above for 10 year old technology, it might be good for a stock pump though!
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10-22-2020 , 04:15 AM
Yeah, really didn't see anything impressive. Do Tesla fan boys not know about Waymo? They have been taking left and right turns in pedestrian areas for at least a year now.

Claiming that FSD has been achieved is irresponsible and dangerous. Hopefully nothing bad happens, but I'm a somewhat cynical man.
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10-22-2020 , 04:58 AM
Quote:
Originally Posted by coordi
Yeah, really didn't see anything impressive. Do Tesla fan boys not know about Waymo? They have been taking left and right turns in pedestrian areas for at least a year now.
I think you mean five years. This is a live video from GM Cruise of San Fran roads/stop signs/pedestrians/traffic from nearly four years ago:



And they were well behind Waymo at the time. They had a fully autonomous ride hailing service in San Fran for GM employees in 2017.

I'm pretty amazed Tesla didn't come out with this 4 years ago. This is 2010 technology and it's not hard to implement. Just speaks to their incompetence that it took them 5 years to get to 2010 level technology (if it's even that, these are carefully selected fanboy vids).
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10-22-2020 , 07:30 AM


oh wow. they nearly got through an empty roundabout at night with just one tiny intervention.
i'm sure waymo and cruise are peeing their pants right now...

how is this anything more than a money grab?
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10-22-2020 , 11:46 AM
Quote:
Originally Posted by BooLoo


oh wow. they nearly got through an empty roundabout at night with just one tiny intervention.
i'm sure waymo and cruise are peeing their pants right now...

how is this anything more than a money grab?
Yeah, let’s overanalyze this video until we can fit it into our narrative!
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10-22-2020 , 11:56 AM
I mean, Elon himself admits this is at 2010 level when he says he can drive from work to home with "almost" no interventions. Which is 1 intervention every 10 miles or so, which is 2010 level. And that's with 2020 hardware and software improvements. It's just sad, heltok.

I mean since 2.5 years ago you can literally buy off the shelf nVidia Drive which maps and recognizes all objects, the same stuff the Tesla cucks are getting giddy about as "FSD":



You can hack up a 95% clown demo like Tesla has in no time using this platform. It's 2010 level if you need as many interventions as Elon claims you do.

Last edited by ToothSayer; 10-22-2020 at 12:07 PM.
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10-22-2020 , 11:57 AM
Quote:
Originally Posted by heltok
Yeah, let’s overanalyze this video until we can fit it into our narrative!
You mean exactly like what you and everyone else on twitter is doing to make out these 20 second videos of low level maneuvers to be actual literal FSD?

Stop addressing weird strawman arguments from 2 years ago. You need to get over it. Everyone else has moved on
TSLA showing cracks? Quote
10-22-2020 , 12:09 PM
Quote:
Originally Posted by ToothSayer
I think you mean five years. This is a live video from GM Cruise of San Fran roads/stop signs/pedestrians/traffic from nearly four years ago:



And they were well behind Waymo at the time. They had a fully autonomous ride hailing service in San Fran for GM employees in 2017.

I'm pretty amazed Tesla didn't come out with this 4 years ago. This is 2010 technology and it's not hard to implement. Just speaks to their incompetence that it took them 5 years to get to 2010 level technology (if it's even that, these are carefully selected fanboy vids).
No radar/heatmap display though. Pointy Elbows. 3/10

This video alone blows away every single video from last night. Where are the videos of a Tesla FSD in these types of environments?

Heltok, no opinion? Why do you ignore things like this and talk about bankruptcy constantly when no one has been on the bankruptcy train for a year+
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10-22-2020 , 08:39 PM
When robotaxis?
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10-22-2020 , 10:10 PM
Quote:
Originally Posted by de captain
When robotaxis?
musk said a milli taxis by end of the year. going to take a loan against my house to get calls for first week of January, 50-75% out of the money. I would assume the taxis are being stored in warehouses to be revealed once they have the full mill ready.
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10-23-2020 , 02:34 AM
Quote:
Originally Posted by coordi
You mean exactly like what you and everyone else on twitter is doing to make out these 20 second videos of low level maneuvers to be actual literal FSD?

Stop addressing weird strawman arguments from 2 years ago. You need to get over it. Everyone else has moved on
Which video have I analyzed? Here is one I will analyze:

Car drives ok, then takes turn so the driver thinks it will drive into traffic. Could have been a dangerous mistake highlighting that it’s still beta. But also useful data to train neural network to not make the same mistake in a few weeks. It’s just beta, but at least it is shipping. Which other car is shipping with more functionality to some actual customers right now?

Last edited by heltok; 10-23-2020 at 03:01 AM.
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10-23-2020 , 04:55 AM
Seems that a lot more youtubers are getting the update today. I think this is the longest video yet:


And this the longest drive?
https://twitter.com/i/broadcasts/1YqJDpgRBZOJV
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10-23-2020 , 06:36 AM
Quote:
Originally Posted by heltok
Which video have I analyzed? Here is one I will analyze:

Car drives ok, then takes turn so the driver thinks it will drive into traffic. Could have been a dangerous mistake highlighting that it’s still beta. But also useful data to train neural network to not make the same mistake in a few weeks. It’s just beta, but at least it is shipping. Which other car is shipping with more functionality to some actual customers right now?
how long before someone dies?

seeing all those tesla-youtubers cheering for stuff others did 5+ years ago like taking a turn or waiting at a stop sign, is hilarious.

i'll take this seriously, when tesla takes legal responsibility for the driving, so most likely never.


meanwhile, tesla china is recalling 30.000 s&x for faulty suspensions. which begs the question: is there a difference between china & other models or are other regulators asleep at the wheel?
(everyone who's seen their trouble with broken suspensions over the years, knows the answer)

Last edited by BooLoo; 10-23-2020 at 06:55 AM.
TSLA showing cracks? Quote
10-23-2020 , 08:05 AM
Quote:
Originally Posted by heltok
Which video have I analyzed? Here is one I will analyze:

Car drives ok, then takes turn so the driver thinks it will drive into traffic. Could have been a dangerous mistake highlighting that it’s still beta. But also useful data to train neural network to not make the same mistake in a few weeks. It’s just beta, but at least it is shipping. Which other car is shipping with more functionality to some actual customers right now?
I guess we are of differing opinions whereas I see shipping this level of functionality to actual customers is a horrible accident waiting to happen. Especially when the reaction is everybody's slapping Elon on the back as a great victory achieved. People are calling this actual FSD. It's irresponsible and dangerous.there is actually a reason why other companies have much higher functionality and still aren't putting a product out there for customers to use
TSLA showing cracks? Quote
10-23-2020 , 09:39 AM
Quote:
Originally Posted by BooLoo


oh wow. they nearly got through an empty roundabout at night with just one tiny intervention.
i'm sure waymo and cruise are peeing their pants right now...

how is this anything more than a money grab?
efficient allocation of resources
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10-23-2020 , 10:11 AM
China s/x recall today. All built in fremont so no diff between those and us/eu s/x
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10-23-2020 , 10:51 AM
people were writing about "whompy wheels" 5 years ago, nhtsa has been looking the other way all the time.
chinese were the first to ground 737max, too btw.

i wonder when they take down this blog-post?
https://www.tesla.com/blog/grain-of-salt

not a great month for tesla build quality.
they were recalling like a hundred cars last week for the roof-flying-off-story and acknowledged the bumper problem aswell.

Last edited by BooLoo; 10-23-2020 at 11:05 AM.
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