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Originally Posted by heltok
1. 1 million autonomous robotaxis in 2020 on the roads, pulling in $10 billion in profit for Tesla.
2. Fully Self Driving feature complete by the end of 2019
3. Tesla cars will appreciate 5x in 2020
1. IIRC he said capable of
2. We don’t know if development build was feature complete or not in 2019. But it seems that beta release to customers in 2020 is feature complete at least.
3. Don’t think he said that.
God this is so pathetic. Yes he said all of that, it was pure fraud, and people believing that fraud is why Tesla soared out of its near bankruptcy (his words, not mine). It was a fabulous con. And no he has delivered none of it.
A buggy, dangerous level 3 isn't "Fully Self Driving" - by which meant capable of running autonomous robotaxis for huge profit. This year. Right now. He claimed there would be a million of them. And people bought the con.
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I find this semantics bending pretty tiring. It makes it possible to justify whatever position one has both for or against Tesla. So what if they are one year late or not, they are still far ahead of Toyota, VW etc with regards to how much revenue they get for their software per vehicle, which is what matters to justify valuations.
LOL
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I will repeat it. 2M vehicles per year, $10k software upgrade, 50% take rate = $10B profit per year. P/E of 50 -> $500B market cap. This is a huge deal even ignoring robotaxi potential.
Shall we look at your previous predictions (from 2017) for 2020 revenue and profit? t3hbandit opened the door for that. They're pretty ridiculously comical with the benefit of hindsight. Absolutely
zero chance of happening but you thought it was possible, even probable. You were dead wrong on Tesla revenue and profit, at a comical level. Millions of bulls like you believing his pure deliberate cynical frauds (FSD and others) and absurd price targets bid the stock up into a giant bubble, but the reality of what is achieved has been awful. Only the stock price has been correct.
Meanwhile, none of the bulls were here at $190 pre split ($39) saying to buy Tesla. Only I was.
Last edited by ToothSayer; 12-24-2020 at 04:55 AM.