Elon Musk's Robotaxi Lie

[@VictoriousGardenosaurus]

Can't wait to fully self drive my cybertruck via neuralink through a hyperloop

[@spiritualanarchist8162]

on Mars ;)

[@cronostvg]

After launch by SpaceX

[@adrianmetzler2523]

Well you’re gonna have to 😂

[@willismartin9196]

Musk needs to be in federal prison for stealing taxpayers money 💰.

[@grzegorz7097]

Next year my friend!

[@grahvis]

Whenever I see someone trying to sell a get rich quick scheme, my first thought is why are you not keeping it to yourself and getting rich yourself. You shouldn't need to sell it.

[@Teslafan9519]

Oh so they're going to have +6 million vehicles worth $250B just sitting around and collect dust instead of selling them for a profit to fund their business but also R&D expenses? And also have people drive those vehicles around and collect data that is required to solve autonomy? Ah ok makes perfect sense. Building massive data centers isn't cheap either.

[@AirsoftKeksTV]

The default answer is always "I'm already rich because of it and now I want to share the happyness". Which is funny because the next thing they say is that you need to pay them a lot of money before they share it 😂

[@danieljohnkirby9412]

The thing I love about this claim is that if what he's saying is true, that a robotaxi would be so lucrative that you would make more money renting your Tesla out as a robotaxi than you paid Tesla for the car, why would Tesla sell you the car?

[@harrycooper5231]

That's been the evidence I use to demonstrate Elon Musk is a liar.

[@toomanyaccounts]

@@harrycooper5231 when confronted you have people state Tesla isn't a taxi company. confronted as to why Tesla would turn down 40 billion profit a year in the US alone, they have no answer

[@bogdanlevi]

​​​@@toomanyaccounts there are answers to that question. Not particularly good answers, but still. 1. Tesla needs to fund the development of a robotaxi, and selling cars is one way of doing it. 2. Selling cars is still a business model in case the robotaxi doesn't get approved by the evil regulators for a few more years. 3. They need your driving data to train the algorithm. These of course imply that when the issues get resolved and the robotaxi is fully operational, Tesla will stop selling cars.

[@danieljohnkirby9412]

Another problem occurred to me, there are already businesses that operate fleets of cars they don't have to drive, they're called rental car companies, and guess what, they flip their entire fleets over every 2 years. So if you had a "robotaxi" Tesla in your garage would you have to flip it every 2 years due to wear and tear? Like Hertz isn't flipping their fleet because of the wear and tear caused by the dude sitting in the passenger seat, it's because of just normal wear and tear on a car being in service 24/7/52 and having lots of different people who don't give a shit about whatever damage they do to it.

[@Teslafan9519]

Because you're not going to manufacture +6 million vehicles that costs $250B and have them collect dust instead of data while selling them at a profit to fund the business, R&D expenses & build data centers. Doesn't take 200 IQ to figure this out.

[@soofki]

"any given system in the car could break and your car will still drive itself safely"... dunno if it's supposed to mean hardware or software but either way, that claim doesn't seem impossible at all and I would definitely fully trust it!

[@bennettftomlin]

The presentation was full of claims which seem impossible

[@skunkjobb]

You too smell the bullshit. I'm sure there's only one steering actuator and if that fails, the car will f**k right off in the direction it feels like.

[@woundedone]

@@Grauenwolf yeah the car is gonna gain a lot in weight and so ridiculously expensive and wasteful that any benefits of an EV gonna go out the window.

[@tjroelsma]

Elon Musk has never been held back by trivial things like facts and figures. The guy just spouts his nonsense and relies on his cult-status and his devoted followers to attack critics.

[@sparkycorkers1196]

Cars driving around on fire with families locked inside. What a future to behold

[@frvo]

I was watching Common Sense Skeptic about Musk, but Bennett just pop ups with another Musk video. 👏🏼👏🏼👏🏼

[@PhilHoggart]

Same 😂

[@coolsenjoyer]

CSS is not great. Sure, he's rightfully a Musk hater but his videos on space stuff at least are full of misinfo and he appears to be same kind of anti-trans bigot as Musk himself

[@tethergobrrr]

Yet another pile-up caused by Musk

[@real_mr_Hyde]

😂 aaahahahahaaa same ll

[@ivanpetrov5255]

CSS is more about SpaceX. Internet Today practically now runs a Musk segment in their videos (and the dumpster fire that is "Twitter 2.0"). Thunderf00t deals with the rest of his scams - Tesla, solar roofs, Semi, Tesla-bot, Neurolink, etc. But finding one more Musk-debunker is always nice.

[@MifsudZ]

I honestly think that he has committed fraud in the level of Theranos but just hasn’t been caught because he’s way richer than Holmes ever was and his indictment would ruin some people’s stock portfolios

[@Factory400]

No. The primary difference is that some promises and products are being delivered. Thereanos delivered nothing and never had any possibility of delivering anything. Musk is in a far more murky area that would make legal charges rather difficult.

[@MissMaserati]

I think that's entirely up to an opinion of what's difficult. Factory 400 is kind of a nihilist. It's not that it's hard, it's just the regulatory bodies haven't been doing their jobs. I mean, just look at the FAA giving this dipshit a clearance for the Starship launch but the FAA also allowed Boeing to certify it's own 787 before a couple of them crashed, forcing the FAA to ground it. Anyone else couldn't have burned up a wildlife preserve, but for whatever reason our capitalist brained government won't even hold the same rules in on Elon that they would on others. There is also plenty the NTSB can do, ask why they haven't because what explains Musk is actually just political corruption. You wouldn't know his name if not for the amount of welfare that queen has collected for his projects.

[@kullatnunu2087]

@@Factory400 _"The primary difference is that some promises and products are being delivered."_ There is something to it. But there's no difference for the promises that weren't delivered.

[@tpfrk8977]

I guarantee you that Tesla’s books are not clean. I’m sure that some level of accounting fraud is taking place at the company

[@OwenGilmoreOG]

Maybe, did Theranos ever go public? Not that I remember

[@jgreen802]

What Elon is describing is essentially a money printing machine, and if you were capable of producing a money printing machine, the last thing you would do is sell it.

[@Teslafan9519]

Actually in this case that's exactly what you would do until you've at least solved autonomy. Why? You'll be able to fund your business but also R&D. Tesla has what, 6 million vehicles on the road now? It costs like $250B to build that fleet. Imagine having those vehicles just sitting around and not selling them? Where is Tesla gonna get $250B for that? On top of that they need people to go around with the vehicles to collect the data that is required to solve autonomy. This is exactly the correct business move because once Tesla solves autonomy they will have a massive fleet that is ready to make money for Tesla & the vehicle owners.

[@eliopalombi]

@@Teslafan9519if each Tesla is that powerful, what sane individual would sell it instead of hoarding them and operating the fleet themselves? Why give consumers any part of the revenue when they can keep it to themselves? I’ll tell you why, it’s because it’s a load of bullshit.

[@AirsoftKeksTV]

​@@Teslafan9519 Except that they got those 250 billion by promising they would be money printing machines, while in reality they are just a quickly deprecating asset. Almost like the real money printing machine was selling overpriced cars and hyping the stock up with false promises, so Tesla only had one actual money printing machine and never sold it 😮

[@Teslafan9519]

@@AirsoftKeksTV Except they soon are money printing machines for both Tesla and their customers that put the vehicle into work. So I'm not sure what your point is :D

[@didier_777]

​@@AirsoftKeksTV Most people bought the car because they liked Tesla. There were no promises that FSD was almost ready and that robotaxi was a done deal. They literally just announced that they were working on robotaxi in April and that in 8/8 (10/0) it would be officially announced. You can't take tweets as promises.

[@ailblentyn]

I like the idea that the auto-taxi will make money such that everyone will be able to afford them. And who exactly will use the taxi service…?

[@skunkjobb]

In the year 2100, the earth will be covered in several layers of Tesla cars and everyone will be a billionaire. The cars block each other so they can't drive but you can go anywhere by crawling through the cars.

[@cadekachelmeier7251]

Yeah, if it truly was so easy to buy a Tesla and use it as a taxi, the revenues would fall a lot in response. Supply would be going through the roof and either the price or utilization would plummet.

[@uptown710]

🤫

[@morrisfrayman7979]

@@skunkjobb That's where he HyperLoop comes in.

[@MrTrippnOut]

Who uses the taxi service now?

[@dagrynch]

If I could make a widget that generated $30,000/year I wouldn't sell it for less than $150,000

[@adrianhochmann3091]

Wich is probably the cost Tesla will sell their cars for, if they are still selling them to consumers. Wich makes no sense.

[@skunkjobb]

Elon should go the same way as Elizabeth Holmes. Lying to inflate the stock value has to be punished.

[@OhNotThat]

It's actually easy to tell when Musk is lying about anything. It's whenever his lips are moving, that's always a dead giveaway.

[@grizzybear9111]

LOL

[@ruijikisu]

what puzzles me is the idea that someone would buy a car but then rent it out if you do that you cant leave personal belongings in there, have to keep it clean...why would that person not have rented one themselves, all the benefits of owning a personal vehicle are gone

[@Priestofgoddess]

People buy houses and then rent them out, it how the rich get keeping richer

[@pclutch]

What are the "benefits"

[@rvanbeau2009]

The optimus robot will clean it

[@unluckygamer692]

@@Priestofgoddess Yes, but whereas properties generally gain value, those robotaxis will likely only lose money.

[@OwenGilmoreOG]

Yeah but house sellers don’t claim that you can make back your investment in one year by renting out the house

[@Cars-N-Jets]

Former Tesla fan here. Don't regret leaving the Tesla community.

[@GizmoMaltese]

Did you sell your car? I like my Model Y P but god I can't stand Musk. I was hoping the shareholders would reject his insane compensation package. Tesla would be so much better off under new leadership. These lies and absurd claims are becoming criminal.

[@Cars-N-Jets]

@@GizmoMaltese Im too young to own a car on my own so the short answer is no. I never had one in the first place when I was a Tesla/Musk fan.

[@grizzybear9111]

It's amazing how Elon can say all this without a sign he's lying, yet he is lying just to keep the Tesla stock high.

[@ivanpetrov5255]

Horses come with in-build self-driving. No upgrades needed 😂

[@vegyesz89]

😆Yes, and they can reproduce themselves. Pre-industrial age had to be the 'lost golden age'.

[@TheseColoursDontRun]

I can't wait to live in a society where people call him Elon Bust

[@noaht3087]

Remember when Elizabeth Holmes went to prison for a decade because she lied to investors over and over about how successful her product was? I mean... I know that was last week but I still feel like it's relevant? 🤷‍♂️ And no, I don't think Musk should be in prison, but we might want some way to limit how far you can go when talking to investors?

[@BeautifulEarthJa]

Viola! You have made it so!

[@r.amoedo4151]

Felon Musk

[@francescobirritta6245]

Elon has never and never will be a bust. Educate yourself!

[@TheseColoursDontRun]

@@francescobirritta6245 are you ok?

[@AcidOllie]

Elon is the biggest grifter on earth. Still don't understand why anyone likes him or listens to anything he says.

[@coolsenjoyer]

SpaceX at least has been so far pretty successful, like they're the reason NASA doesn't have to rely on Russia anymore to ferry people to and from ISS, but that was always a realistic goal. A lot of the stuff he wants to do with Starship seem to be very much on the same level as this self driving stuff, especially the ridiculous Mars colonization ideas

[@skunkjobb]

@@3cents3 Why put the year 2015 in the search when the first reusable spacecraft flew in 1981? Oh, you mean one that landed vertically with rocket thrust? Then 1993 was the year.

[@rocoe9019]

​@@3cents3 musk did not design anything to do with that rocket he just takes credit for others work! He is a grifter a con man and a crook ! It's amazing how this horrible person has so many gullible muskrats simping at him lol

[@KateeAngel]

@@3cents3 and you think Musk personally engineered any of that rocket? Then you're a fool. People he hired did all the work and he got the fame. Also he did receive money from NASA for that, so taxpayer money was used to develop that rocket.

[@senerzen]

@@3cents3 Google "vertical landing before SpaceX" and you will get why Elon hasn't come up with a single idea of his own.

[@px7460]

Math (and reality) can be so pesky! Keep up the great work!

[@interman7715]

A horse is FULL SELF DRIVING😊

[@isaganipalanca8803]

Well, if fake Futurist Musk were Pinnochio, his nose would be at least 3 light-years long by now...

[@fredrik3685]

It's so funny when the see it. When you see how Elon ALWAYS looks up, pause (to simulate thinking) and the says something like " in 1 - 1.5 years I'm confident, 2 years definitely..."

[@davidrubenstein3489]

I pissed off a lot of my business school classmates back in 2019 for basically saying I thought Tesla shareholders should oust Elon for all his ridiculous claims. I have to say I feel vindicated that 4 years later he is seeming more and more like a liability for Tesla.

[@lithiusdialumini]

If anyone is selling guaranteed way to make profit it is automatic red flag. If it so, why the person is not doing it himself instead of selling it to others?

[@lithiusdialumini]

Red flag only means, that you should approach with caution and be more skeptical about it. It does not mean that it is outright bad thing.

[@jesusramirezromo2037]

​​@@Grauenwolf It's a red flag because they would still be operating Taxis, but anyone with a brain would realize that the market would be so saturated that it would be more profitable to just do the taxi service yourself

[@chrisose]

Musk was correct with one thing he said about his robo-taxis, there is nobody in them.

[@PaperMario64]

I think he should be investigated for securities fraud, bypassing safety standards and lying about test results and maybe even being here illegally. Narcissistic people don’t believe any rules apply to them.

[@jjgdenisrobert]

Why would I even use a robotaxi if I can buy an inexpensive car?

[@famistudio]

Omg so happy to stumble across your channel. I remember you from a coffeezilla video. I think the word "TechnoPonzi" is so appropriate here.

[@eitanseri-levi2169]

the real question here is where am i going to park my 471,000 teslas

[@Teslafan9519]

You won't. They will be operational almost 24/7 and majority of parking space can be used for something else in the future.

[@SongwritingDeconstructed]

I left my previous comment at the start of the vid, as someone who's also a former data scientist I love how so straight-facedly you presented the absolutely absurd numbers. I knew it was bullshit on the face of it when I heard it but never bothered to drill down further. Wonderful to see exactly *how* insane the lie was

[@barorepor3079]

I admire your reasoning capabilities: I ppdistilled your analysis to the fact that if somebody asks me to give him some money to get something that will get me a a 60% annual return for 20 years, I would be somehow skeptical and pass on the offer. In this light, I wonder how the government may consider subsidizing a guy like this with his SpaceX program.

[@fernc7947]

How does he still get away with this level of fraud !

[@coldspring22]

well one day Musk will realize that he dug his own grave.

[@alfalfa2155]

Watching this after reading about how Elon’s ridiculous Mars 1 colony was also a completely illogical and impossible scheme has really solidified for me what a joke and grifter he is. I hope he’s recognized for what he really is some day and his Tesla stock fortune evaporates.

[@rickb2432]

Eloon Musky lied? I’m shocked. (Making my very best feigned shocked face)

[@stribika0]

Suppose Tesla rolled out the Robotaxi update for the current user base, and they all started running taxi services. a) How long until the Tesla fleet consumes the entire mass of Earth? b) Assuming more raw materials can be imported by Space X, how long until the gravity of the Tesla fleet overcomes the electron degeneracy pressure and collapses into a neutron star? I think at this point the business ceases to be profitable, so unfortunately we'll never reach the Tolman-Oppenheimer-Volkoff limit :/

[@Wallyworld30]

Earth becomes a Neutron Star in approximately 40 years if everyone jumps in on this Ponzi scheme.

[@partickthompson1164]

Could you just imagine if this was true!!!! The look on the face of the smug owner who had his car auto drive 500 miles just to prove a point. His $49,000 auto drive Tesla, showing up at his door without windows, and seats. The $1000 tires have been replaced with set of temporary replacement spares. The $10,000 battery kit has been swapped out with a knock off. And every inch of the auto has been tagged by a bunch of would be street artists.

[@Teslafan9519]

Well the vehicle is equipped with cameras & anyone entering will have to pay meaning Tesla has all the information about who was in the vehicle. They will have evidence for everything. Good luck doing anything stupid without having to face the consequences. Tesla will most likely take full responsibility for the vehicles when they're used as a robotaxi.

[@dmoonmaster1653]

Wait so Musk's robotaxi numbers would make it so that cost wise anyone even thinking about paying for a ride would be better off getting a loan and buying a robo taxi then just using it for their ride/s when needed ...

[@michaelmarlow6610]

My question from the beginning is: “who will charge the robo-taxi while I’m at work?” And I’ve never gotten an answer.

[@bennettftomlin]

This is what the snake charger was for

[@samss7674]

The cult is real. Thanks for the video, hope I live long enough to see this collapse

[@Bewilderebeest]

When a graph has a y-axis like that, you know it’s going to be good!

[@MissDemeanor99]

I almost died laughing watching this

[@matuko313]

Well done! He is so full of BS.

[@nextinstitute7824]

Fantastic, you left out that if this were true, so many cars on the road would absolutely destroy the climate and, you mentioned it briefly, it would trash the livelihoods of millions, just as the current Uber fleets and AirBNB are a far cry from that one guy making an extra buck while his car or house stands empty, but instead concentrated capital goods in the hands of even less people and the destruction of neighborhoods.

[@OwenGilmoreOG]

But they’re EVs so they’re green right? Right? I mean mining is magic and all /s

[@gilleruadh]

There are now at least a dozen Air BNBs and VRBOs in my suburban neighborhood, my next door neighbor has to move back into the house because the market is glutted and he couldn't make money anymore.

[@Avenue_ad_Astra]

I meant to just listen to this while doing something else but hearing you read out the numbers made me laugh so much I had to stop what I was doing 😂. This guy is so ridiculous... Although he did seem sceptical about the Idea of owning multiple cars, so maybe he had an inkling that it *might* not work if people tried to own a whole fleet. Thanks for the laughs!

[@dagrynch]

He fumbled on the idea of owning multiple cars because he doesn't want you to ask yourself why a sane businessman wouldn't just keep all the Teslas and bank the 30k per year per car

[@emanuellandeholm5657]

Didn't know you had a personal channel. Immediately subbed due to the title of the video. More eyes are needed on this memelord clown.

[@chrispitchforth621]

Why, if you made cars that can self drive and be a taxi, would you sell those to other people.

[@gorillaguerillaDK]

Do all people drive taxis? Just like with Uber you would move some of responsibilities away from you and on to the owner of the car! Elon might be dumb, correction, Elon is dumb, but this form of car sharing, self-driving or not, (NOT), isn’t what is bad! The fact that the self-driving part is far from being possible to do safely, and Elon blowing vapor up peoples ass about it has nothing to do with the concept of how cars can be shared in the future, (and to some degree already is, just without the self-driving taxi shit)…

[@Insan3Mach1ne]

wierd things is Elon always say slow down on AI which is ok but at the same time he wants a computer to drive a tesla 😂

[@MRantzWI]

So, if Musk really believes that people can make so much money by these "robo-fleets" - then why even sell them ? Imagine how much money he could make if he just kept building his self driving Telsa's and kept them all. Millions and millions and millions of robo taxis across the world.. and they are all making money for Elon Musk. LOL. People just drink this crap down... unreal.

[@watchmetalk7313]

That literally is their goal. You guys sound slow.

[@Teslafan9519]

Obviously they will sell them until autonomy is solved. Are you really this lazy to think for a second? It's not like they will have +6m vehicles sitting around collecting dust when it's worth $250B to build? They will sell them at a profit to customers to collect data for them while they use the profit to build charging infrastructure, build data centers, solve autonomy, fund R&D expenses and so on. No wonder people are still missing out on the biggest opportunity out there.

[@JAnonymousChick]

This episode surprised me...Did not realize how insane his claims were. Man i love stats sometimes.. Bravo Bennet.

[@MajinHico]

Wait, wait horse already has full self driving.

[@GizmoMaltese]

So what happens to the value of my car with hardware 3 when hardware 4 is released and only hardware 4 has unsupervised self-driving?

[@dirk-piehl28]

The market size is only so big for robotaxi passengers before the number of rides start eating into Tesla vehicle sales. I smell an MLM scheme.

[@michaelfjmusic]

Unpopular opinion, but I actually like this idea from Elon. Maybe we could have these robotaxis, except they ride on rail tracks separate from regular traffic, so as to avoid accidents caused by faulty FSD. The rail lines could commute to and from the most populous places in the city. We could also have dozens, or even hundreds, of people per car, to dramatically increase the economy of scale and thus profits. And finally, since they're on fixed routes, they could just connect directly to the power grid, thus avoiding batteries that are expensive, dangerous, and horrible for the environment. Oh... wait...

[@jennyanydots2389]

It'll never work. Ever. I'll have to see it first to believe and I refuse to see it so I won't believe it.

[@nikkyb]

I love this - doing the calculations and taking the logic to its logical conclusion. Absolutely top notch!

[@An1m0d]

Thanks for crunching the numbers!

[@cadekachelmeier7251]

You've got to do it before they get stale. They're not so crunchy after that.

[@dariuspatrick1385]

It's hilarious to think that buying a car without full self driving is going to be like buying a horse, when horses are already fully capable of driving themselves

[@T61APL89]

so glad i found you and cas from a random mention on another podcast, i swear youtube makes it easier to find dudebros blaming "wokeism" for the worlds problems rather than the super rich literally moving fast and breaking things

[@Sagiterrian77]

What’s the difference between musk and Elizabeth Holmes? 🤷🏻‍♂️

[@fredrik3685]

Elizabeth Holmes got 11 years.

[@TheWorkingClassroom]

Musk is not the techno king. Musk is Trevor Milton, except he didn't get "caught," before he became too rich to sue.

[@Sameer-d7w]

Rich on paper. Once he dies, it’s likely his shares will be devalued and Tesla becomes worst than GM in market cap

[@theinquisitor18]

I'm no industry expert, but I do know a bit about computing(I have my Master's in the field). I couldn't imagine cars making real-time decisions fast enough to drive with current computers, even advanced ones, in cars. Even with all the sensors, self-driving is just "If X, do Y, and if Z, holy shit." Maybe I'm wrong, but I'm just not convinced Teslas will ever have the raw computational-power to make real-time decisions needed to drive.

[@elvingearmasterirma7241]

​@@Grauenwolf That explains why the tesla cars freak out

[@rogerforsman5064]

@@Grauenwolf Yeah and ChatGPT learn from existing scenarios and can barely if not handle an unknown scenario it just presents something that looks good with no claim to be good or correct!

[@theinquisitor18]

​​​@@GrauenwolfI didn't mean they are literal conditional statements. I just meant that they are trained and equiped to handle a finite number of scenarios, which driving is anything but. However, I appreciate your comment. 😊

[@marknoble980]

Wow l just earned 2000 Tesla's while watching this video

[@RexCalliber]

These are Theranos level lies. How is it that he isn’t in jail too? Hmm, I know, he’s rich. 🤮

[@LuigiMordelAlaume]

My critique as a model 3 owner - full self driving is definitely overhyped, but I can literally drive for 24 hours straight because it is so much less effort. In a traditional vehicle, I max out around 13 or 14 hours. This may also be because the stops to recharge force you to take 30 minute breaks. As for the taxi - *WHEN* it gets into a collision, that vehicle is out of commission for 3 months if you're lucky, typically closer to 4 or 5 months. Someone hit my front bumper/headlight on the passenger side in FEBRUARY, I finally have my service appointment at a tesla certified collision repair shop next week. I called every shop in the state, no one could do under 3 months. And you know tesla roadside assistance will be making a killing off these robo-taxis... Today a patch is $80 and a new tire $300 🤯 But most importantly - how are the driverless Teslas gonna recharge?

[@christiano2444]

That is a very good question.

[@grahvis]

Technology can make things easier, but there comes a point when an increase becomes superfluous, where most buyers are concerned.

[@vylbird8014]

So drivers can use the dodgy self-driving to cover for sleep deprivation. What could possibly go wrong?

[@unluckygamer692]

No offense my guy, but driving for 24 hours is a recipe for absolute catastrophe. Driving while sleep deprived is actually MORE dangerous than drunk driving. Self driving deserves nowhere near that level of trust.

[@unluckygamer692]

@@vylbird8014 exactly

[@WobblyBits_X]

Just a comment to try boost this in the algo in light of his latest lies about Tesla and taxis.

[@youtux2]

18:50 and thereabouts: the robotaxi simulation obviously runs on the also very optimistic assumption that no one else in the area tries to exploit the exact same exponential profit curve 😅

[@das250250]

What's the difference between the CEO's of Theranos and Tesla? One is in jail

[@TheLookingOne]

Year 20 - The globe is hip-deep in Teslas, including the oceans

[@perhearkko4255]

Great robotaxi business, let’s do it! So many billions!

[@ViaConDias]

Tesla has already been court-ordered to stop calling it full self-driving in Germany (maybe the EU I'm unsure)

[@patelk464]

At those sort of returns the demand would be such that you would have to wait years to get one of those robo taxis delivered.

[@SureJungle23247]

Yeah, I'm coming out with full self driving too, should be next year sometime. can I get some money like Elon.

[@ryans3001]

New subscriber here. Great video, keep up the good work, my friend! 👍

[@bennettftomlin]

Thank you!

[@michaelhoste_]

The giveaway is how he gazes off into space to make some time-frame or cost estimate - "welll.. maybe... let's say.. 6 months/$20,000/etc". Was that a projection he was trying to remember, or that he was making up on the spot? You choose.

[@carlkligerman1981]

Seriously this is amazing. Somebody pay this guy 50 billion dollars, stat!

[@thomashugus5686]

Just subscribed to ur channel. I’m impressed with my first viewing

[@Hesse3]

Nice, calm presentation. I cannot help but wonder: Musk isn't even a good liar, it's easy to see when he makes something up (which happens a lot).

[@brucestrickland8561]

Boy, I could start with a Tesla Taxi and use it to deliver merchandise from Amway! Look out, Warren Buffet!

[@gorillaguerillaDK]

I think that the only parts that not only can be safely removed from self-driving Teslas, but also should be, must be the wheels!

[@dralberthofmann]

It’s 2024 and no self driving. Subscribed BTW!

[@seriosertyp8145]

Tesla stock price is so ridiculously overpriced that Elon has to deliver MLM scam like business models 😂

[@chefpetey]

Too bad. I was so looking forward to going to bed and letting drunks puke and piss in my car all night !!!!

[@brettsherman7810]

I chuckle imagining some finance bro listening to this video and going out and dropping all his money on Tesla stock.

[@anthonyzornig]

Great work, Bennett!

[@bennettftomlin]

Thank you!

[@chuachua-hj9zd]

You look young but your analysis are in depth

[@sparkycorkers1196]

The biggest problem I can see with these robo taxis would be saturation of the market with more robo taxis than people that need one. So wouldnt musk just be better off with his own feelys of cars, and not bother selling any?

[@Teslafan9519]

That's probably what they're going to do in the future once they have fully solved autonomy it won't make sense to sell any vehicles. Majority (80-90% of Americans) will most likely transfer to TAAS (transport as a serivce) and save $5000-6000 / household / year. You'll need a massive fleet to satisfy the demand.

[@TedBeyr]

Don’t these cars need charging stations? Electricity to charge the cars costs money, right? Or am I missing something?

[@bennettftomlin]

Yes they need electricity, Elon's quoted profit number was "after all overhead" which would include charging

[@vylbird8014]

Funny thing... there are a few places here in the UK, supermarkets with heaps of electric car charging points - and every single one of the points in the car park covered with an 'out of order' sign. They aren't out of order, exactly. It's economic factors. Back before Putin screwed up the energy market the supermarkets started offering free charging, because it cost very little to charge a car and the offer lured in customers who would then go into the shop and come back laden with purchases. The chargers are not the fastest, so the car wouldn't charge full anyway. Then the cost of electricity went up, a /lot/. So that free giveaway was suddenly looking rather expensive, and the chargers weren't fitted with the equipment to charge for the electricity. So someone just had to go throw the big off switch and put up out-of-order signs.

[@ernestv10]

Bennet, keep up the good work... consider sometimes breaking up your videos into smaller chunks...

[@stevenleonard7219]

Horses are and have always been fully self driving. Just saying.

[@ZalhTube]

You have demonstrated the power of Data Science.

[@phnix6242]

Dude you are great!

[@jankohrasko5744]

This video is not aging well 😂 lets wait another year 😂

[@bennettftomlin]

Oh yeah? Do you have a robotaxi?

[@hibudy]

​@@bennettftomlin youtube will be censoring my comments, probably at the direction of US gov they also have no option other than Tesla otherwise the ev market is mostly gone to China with it massive data collection and employment opportunities. And most of the fanbois have their life saving invested in Tesla. So they've to keep up the cult of musk and his promises. So you'll see they're batting for him all day because their livelihood depends on it. It's all insanity and mutual interest budy.

[@TheLookingOne]

Elon stutters before he lies

[@brendanpells912]

The US state with the highest proportion of Tesla cars is California, but this flood of 'super-safe' cars doesn't seem to have resulted in a decline in auto fatalities. Also, if robotaxis are so profitable, it would far more sense for Tesla to keep the cars and have exclusive use of the service themselves. It's like people trying to sell you their secret 'get rich quick' investment strategy. If it works, why aren't you sat on your yacht in the Bahamas instead of being sat on the phone telling me how I can share in your success?

[@cronostvg]

We continue to fall hook, line, and sinker for Elon's dreams. They are not reality.

[@CMDMedia94]

Great analysis. Thanks for producing and sharing.

[@RyanSmith-pf7ci]

If his claims were true, why wouldn't Tesla just run its own fleet and NOT SELL THE CARS? That seems like the best way for them to make the maximum money.

[@doncarlodivargas5497]

471.000 electrical cars!? How do you charge them? And how large are the market actually?

[@Kyntteri]

Just now I realized that Tesla's "T" is a wide sleeved dress with in a hanger. Can't unsee it anymore.

[@hirayahana]

I don't think that your model accounts for several important variables such as: 1. Maintenance costs 2. Depreciation 3. Infrastructure (your own charging stations, parking lots, etc) 4. Finite amount of customers 5. Decrease in cost of fares due to oversupply of robotaxis 6. Finite supply of robotaxis 7. Insurance, taxes, etc There are many other variables aside from this. Nonetheless, the point is that you cannot keep on reinvesting for new robotaxis. There will be a point where the incurred costs will outweigh the potential revenue from extra cars.

[@bennettftomlin]

Wrong! Almost all of these are accounted for: 1. Elon said profit. 2. We do not consider asset value so depreciation is irrelevant. 3. Later models do include features to model. 4. Sure of course there's a limit, that's why we have the exponential backoff numbers. 5. Once again, there is a term that accounts for this. 6. The entire point is to emphasize that the numbers provided yield nonsencial results. 7. Elon said profit.

[@bennettftomlin]

Are you confident you looked at the model?

[@BoogieBoogsForever]

I don't know how he's not constantly on trial.