The self insured thing added to this feels comically dangerous

Given the increase in insults towards Tesla and people with business sense, makes it all the more obvious that Tesla is doing it right and currently winning.

GM posted a video and you think they are anywhere near Tesla. Have you seen the gear the car has on top of it? We are talking about different things. Tesla actually tries to bring it to market.

With every post you discredit yourself more. It's wonderful. Here are some choice quotes from that thread from actual Tesla owners on the state of Tesla's deployed AP1:

1. It swerves toward oncoming cars and fire hydrants:

2. Can't even stay in its lane going round a bend:
These are AP2 comments:

3. Tesla's demo video which heltok et al got so excited about was a pure fraud to fool dopes, like many things with Musk:
4. Software guys who own and are fans of Tesla are realize that Musk (nerd-Trump) has sold them bull****:
5. Shockingly missed times, fraudulent sales claims:
6. The state of their in-house software is a debacle, and far behind the MobileEye they ditched, despite better hardware now and being way over time:
AP2 also brakes for overhead signs - LOL.

It's clear what's going here. Tesla are shockingly behind the other carmakers - many years - and desperate. The end of their relationship with MobileEye has set them back years - they have no functioning codebase of their own, as most of their code and know how was MobileEye's - and now they're desperately scrambling to put out something even half as good as AP1 (as bad as AP1 was!), because Musk promised it two months ago and is/has taken money for it. And to cover themselves now, and Musk's fraud, they are releasing highly dangerous, quarter baked software onto public roads.

This is a disaster. I'm so fully vindicated here there's nothing more to say: I am 100% right on where Tesla stands on autonomous driving and always have been; everyone who disagreed with me is wrong.

The information provided does not allow us to draw that conclusion.

I have been testing self driving cars many hours and interventions happen for many reasons. Maybe you test two things at the same time, sometimes you want to test the same thing many times etc. Sometimes you test different version of the software.

It should also be noted that AP2 only uses one of all the cameras right now, in the demo they were likely using a version of the software using at least 4 cameras, probably all of them.

While I agree that AP2 seems to perform insufficient for some the use cases Tesla is actually recommending right now, we can't really tell from this how the version in the video would perform.

I suspect we will see rapid improvements of AP2, then we will see a shaky FSD and then we will see rapid improvements there. Ofc these measurements will be highly subjective, but I expect to see lower frequency of accidents reported in a year or two for when FSD was engaged.

Given the fact that I've schooled you a few times on simple business logic, you are still extremely confident.

The fact that you link to page 2 of the thread shows your attention span. Maybe go to the last few pages and see the improvements (and in some cases lack thereof) that have happened.

You show a very poor understanding of how machine learning works. You will be schooled by the real world when GM rolls out their self-driving capabilities and the same stuff happens.
Hard coding lots of stuff into an algorithm will yield a poorer performance down the road. So while the scenarios might have been solved years ago, it's comparing apples to oranges. The question should be: Will they be solved? And the answer to that is: abso-****ing-lutely.

In general, you have a poor level of understanding tech. You are probably a good vega, delta, gamma, zeta, omega, bull**** trader but your longterm predictions have been completely wrong.

Tesla will be the first car company to demonstrate a road to autonomous driving and it will happen sooner than people now expect.

Glad you agree with my point that using the average borrow rate is silly when the company in question has borrow rates vastly higher at times. A forum post isn't a trading record, but we've established that you don't actually trade.

http://video.cnbc.com/gallery/?video=3000599610

If Mobileye is worth $15B that is not bad for Tesla's valuation.

https://techcrunch.com/2017/03/13/re...-driving-tech/

Pssh. Irrelevant. Tesla's technology is so bad they will have to pay someone to buy them someday!!!

tbh that's not really good for TSLA if they want to become a big player in automatic driving themselves. just one more competitor who suddenly has infinite amounts of money.

Just announced the most non shocking secondary ever. Stock pops because of course...

now that I can post back on here, glad to be back. was browsing surprised nobody posted news link to this. all I can say is wow. they are burning cash like savages...

http://www.zerohedge.com/news/2017-0...ing-25mm-stock

Yeah, Model3 is expected to "burn" $2.4B in the ramp up. They had ~$3.4B before this raise so with this they will have ~$2.2B after Model3 investments. If they can't make money from Model3 investors will not be happy, but if they manage to make profits and scale to 500k cars/year investors will be very happy.

Another question is how much Gigafactory 3, 4 and 5 will cost and how much investments they will need for Model Y, semi-truck and other unknown projects. I expect a lot of cash burn as they try to go from 100k->500k->2M->10M vehicles per year.

can someone point me towards the bull case regarding margins on the models 3? Want to read more on this, as I am openly short on tesla

20-25% for bull. People don't really disagree on the gross margin front. Model 3 will use smaller batteries, weaker motors and smaller frame. All indications are Tessa is building Model 3 as a scaled down Model S across the board, preserving most of the gross margin percentage.

15-20% is probably roughly the consensus, just a little higher than Prius.

Keep in mind tesla is probably building around 20% gross margin and trying to cram as much performance as possible subject to the constraint.

The better question is if they could build a Model 3 good enough to crush competitors before they even spawn competing models. The leaked Model 3 specs suggest Tesla has a good chance to pull it off, provided the delays arent longer than expected.

I quoted a bull case earlier:

Also, it seems that AP2 is performing a lot better now. Still not FSD, but getting closer...

I remember when bears said that Tesla introduced 60kWh because they had a lack of demand. Well now it's gone again.

http://www.torquenews.com/3855/tesla...ke-way-model-3

Brilliant business strategy on Tesla's part with having 10,000's of well educated techie 1%ers pay you and happily beta Tesla your AP2 system for you on a daily basis. And they are slowly expanding the speed limits of the system to limit abuse before it gets good.

Can the Tesla bears and skeptics in here point me to another company that has over 5 billion in annual revenue with a credible path to triple its revenue run rate over next two years?

why do you want 5b in revenue as a base? unless you have billions in AUM that's pretty insignificant.
a company trippling their revenue from 100m to 300m will give you the same or an even better return on your investment and might have a far easier path than tsla. market is was more inefficient down there.

If you can find me any 100m companies making credible progress in slam dunk growth areas like EVs, grid storage and or driver assist / self driving development, I'd also be interested.

Show me another company with 60% CAGR and credible path to triple revenue run rate towards 20 billion over next two years focusing on sectors that are going to grow faster than most realize (EVs, grid storage). The bear arguments just seem pretty shallow at this point.

i can see a credible path i can bang a victorias secret model over the next two years.
doesn't make me a good bet.

The bear argument is that they will lose money on every car they sell to get those kind of volumes.

https://seekingalpha.com/news/325381...=51#email_link
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