re: Tesla tanking

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I’m convinced every Telsa hater missed the boat in 2020, and the price is so overinflated now that they can’t get in. But they secretly want to..

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I was in not very long ago and got out recently because I think Elon has lost the plot.

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When do you realistically think FSD will be available to everyone and fully legal? Are you implying it’ll be used for interstate commerce with 18 wheelers? And if Tesla is a data company who is buying the data? As mentioned, I don’t know how they’re monetizing data if they are a data company.

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Elon is making a lot of enemies in Washington. If they have to do with it the will regulate it into oblivion to spite him.

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I am convinced that unsupervised full self driving could happen by the end of the year or next.

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You laugh but you obviously do not keep up with it. They’re gathering data at alarming rate now and each FSD update is getting crazy good and happening very fast.

Here’s to hoping this last year is more indicative of future performance than the last four years, when TSLA was an in the red dog

Tesla core car business,90% of revenue, has some significant headwinds especially considering they are valued as a high growth company and had negative 2024 growth.

40% of net income is from a carbon credit program that Trump is threatening, Sales are down globally directly attributed from Elon's behavior, there is real China risk with BYD, risk of targeting by geopolitical tensions among other things

Annual Figures (2024):
Total Revenue: $97.7 billion
Net Income: $7.1 billion
Carbon Credit Revenue: $2.8 billion (2.9% of total revenue; 39.4% of net income)

Fourth Quarter (Q4 2024):
Net Income: $2.3 billion
Bitcoin Gain: $600 million (26.1% of quarterly net income)

2024 California Sales Below 2023 and 2022

Europe-EV Sales increase YoY but Tesla sales decrease

Carbon Credit Revenue Under Threat

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40% of net income is from a carbon credit program that Trump is threatening

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taking bets that this miraculously stays intact. any takers?

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LSUSLU106

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Isn't Waymo's FSD in better shape than Tesla's?
"Safety and Performance:
Waymo: Over 7 million driverless miles, Waymo's vehicles have demonstrated a significant reduction in injury-causing crashes compared to human drivers. Specifically, Waymo's crash rate has been reported to be about one-fourth that of human drivers in comparable conditions. This is based on extensive real-world data collected in cities like Phoenix, San Francisco, and Los Angeles.
Tesla FSD: Tesla vehicles equipped with FSD have been known to require human interventions more frequently than Waymo's vehicles. According to statistics from California's DMV, Tesla FSD vehicles travel an average of about 17 miles between interventions, significantly less than Waymo's 95,000 miles per intervention under geofenced operations. However, Tesla's approach to FSD involves a different operational model, where human supervision is still required, categorizing it as a Level 2 system rather than Waymo's Level 4 autonomy.

Operational Scope and Scale:
Waymo: Operates primarily in geofenced areas where extensive mapping has been done beforehand. They've managed to serve over 700,000 ride-hailing trips in 2023 without a human driver, indicating efficient operations within their designated zones. However, their expansion to new areas involves a meticulous process of mapping and testing.
Tesla FSD: Tesla's FSD system is available in all 50 states in the U.S., but it requires a human driver to be attentive at all times. Tesla's approach leverages the vast amount of data from its global vehicle fleet to improve its neural network-based system. This data collection is seen as a significant advantage for broader learning and adaptation, although the system hasn't reached the same level of autonomy as Waymo's in terms of driverless operation."
-GrokAI

"Disengagement Rates and Safety Metrics
Waymo: According to data from the California Department of Motor Vehicles (DMV) in 2023, Waymo reported an average of one disengagement every 17,000 miles.

This metric indicates the frequency at which a human driver must take control from the autonomous system. Additionally, studies have shown that Waymo's vehicles experience a police-reported crash approximately every 476,000 miles and an injury-related crash every 2.44 million miles, suggesting a safety performance superior to that of human drivers.

Tesla: Specific, independently verified disengagement rates for Tesla's Full Self-Driving (FSD) system are not publicly available, as Tesla does not routinely release such data. However, crowd-sourced data from the FSD Community Tracker indicates that, as of 2024, Tesla's FSD required driver intervention approximately every 119 miles.

It's important to note that this data is based on user-reported experiences and may not reflect the full scope of FSD performance."
-ChatGPT

The only way someone would be in the red with tesla is if they bought at the top during 2022. I guess I am naive only up 200+% the last couple of years. Hard to understand why a company would be in the red at times while they are in the middle of a transition from autos to robots with interest rates up and all. Anyway, In my mind that is only peanuts from where I will be at the end of 2028 or 2030 and beyond. Time will tell..... I have actually enjoyed the stock being down so long because it has given me a great price to buy. Lol, I am far more worried about how many shares I have than what the price is from one day to the next.