Tesla Is Having A Terrible Year

[@wallstreetmillennial]

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[@Johnnypaycheck77]

Nice puff piece. Are you from Texas?

[@davidbeppler3032]

Axios is a joke.

[@davidbeppler3032]

Ok, sorry but I will just block your content. I gave you a chance, but you are just so wrong on so many things. I am sure when Tesla is making $100 billion in profit a year you will release a video explaining how the air in the tires is unethicality sourced or something.

[@roundearth4024]

Tesla is a generational buy opportunity!!!!

[@Daboy804]

@@roundearth4024lol what? It’s overvalued and overdue for a correction.

[@ranterraver5959]

The reason why he wants to make a robotaxi is because all the speculation around Tesla was based off his ridiculous promises. Anyone who isn’t a musk fanboy has abandoned Tesla stock. The overvaluation of Tesla was based around ludicrous promises that literally never had a chance of materializing, and the robotaxi is pretty much his last chance to pump the stock. There isn’t any other reason to focus on this from his perspective.

[@ahhmm5381]

Vanguard and Blackrock are some of the largest shareholders. Have they abandoned Tesla?

[@JJ-zr6fu]

@ahhmm5381 their in a catch 22. They wouldn’t be about to cash out because the first whisper they are the stock tanks

[@hewhohasnoidentity4377]

The stock is still over valued. He has removed more cash from the company than it has ever generated in profit.

[@PraveenKumar-bo7fw]

@@ahhmm5381 Vanguard is index funds

[@Tie509]

Yeah, Musk claimed that Tesla would have more than 1 million robotaxis by 2019. Today in 2024, Tesla has exactly 0 robotaxis. The "it's a tech company" idea is not standing up to scrutiny or reality.

[@Chuppa75]

He needs to keep the robotaxi grift going or tesla stock will tank.

[@platoscavealum902]

🎯

[@defundhollywood3259]

💯

[@davidbeppler3032]

Or... like the Model Y, Cybertruck, Model 3, and reusable rockets... Elon has a plan? Why would Elon care about stock price? He does not own any stock in Tesla. The judge took it away. Remember?

[@xR00K]

You’ve never used FSD v12

[@frankovercrest2317]

The bot grift isnt helping lmao

[@uptown710]

The complete lack of self awareness on Musk’s behalf… every time I hear about the Robotaxi “tomorrow” from Annie always plays in the background.

[@defundhollywood3259]

What are you talking about, you won't be driving anything but a Robotaxi by 2025. And if not then 2026. Definitely 2027.

[@theultimatereductionist7592]

Public transportation: trains, bicycle paths, trams, walkable suburbs and cities, and ripping up evil stroads and massive parking lots, and OUTLAWING all SUVs and oversized vehicles, are the solution to traffic. NOT techno-BS like robocars.

[@perfectallycromulent]

I hear En Vogue saying "You're never gonna get it"

[@Bluecedor]

@@perfectallycromulentLOL “NOT THIS TIME!!”

[@feezee82]

Well you need a bold vision to achieve anything. I know it sounds absurd when he says that, and I don't really believe it's possible, but someone has to believe. Lot's of things that are now a reality seemed like a pipe dream at some point, like smart phones and generative AI. You need a madman at the helm to achieve these things, otherwise, if no one believes in them, no resources would be invested into their development. Imagine how an idea of an airplane sounded about 150 years ago, and yet now we have planes that can carry hundreds of people half way around the globe in about 12 hours.

[@youtubeaccount9808]

He now wants to be paid $50 billion to make up for him pissing away that much to buy Twitter.

[@tobysbreathisverybad]

Because the stock is down so much, he wants to reset the bar low.

[@princemc35]

Correction: $83 billion😊

[@Despiser25]

You sound really stupid.

[@AG-en5y]

He wants more than that my man. He prob took the L of the sentry for flexing and pretend to buy that garbage company and then get forced to, followed up by the soy boy who wished his wife to have a good weekend with her bf Tyrone. Actually u know what I'm not sure who gets the bigger L

[@CommonSense-uj9ip]

That was his agreed upon pay package from years ago. And Some random activist investor contested it.

[@hoastbeef1202]

The single greatest danger for a founder is to become so certain of his own myth that he loses his mind.

[@theultimatereductionist7592]

Musk was NEVER a "founder" of Tesla. He just bullied his way in.

[@EdwinSteiner]

Musk isn't really that much of a founder but he makes up for it by doubling down on believing his own myth and losing his mind.

[@georgeholloway3981]

Which myth are you referring to specifically?

[@rars0n]

Musk isn't really a founder, as the 2 companies he's most known for founding he had nothing to do with (Paypal and Tesla).

[@SonjaHamburg]

Elon isnt "a founder"😅. He buys companies amd then deletes the original founders from wikipedia😅

[@Itory1337]

There is no plan, just more monorail projects. The only thing that has been really consistent of late is the number of failed projects and the ability to retrospectively rewrite major goals into sub-goals in order to distract from the failure. The fact that Tesla is still supposedly carrying out beta tests in road traffic, where human lives are at stake, is simply insulting to a society that considers itself intelligent enough not to allow such things to happen - while they are happening in plain sight anyway. And that is a great pity.

[@WhatWillYouFind]

I've always been bewildered by the fact that so many modern things from gaming, to cars, and even every day appliances are now being "beta tested" raw using consumers and society has said that [ok] . . . . It is maddening

[@cvrart]

At the rate that they're cutting prices to move inventory, they won't need to release a $25k Model 2.

[@RealTechnoPanda]

But there is more .... Buy Model 3 and we will give you a Cybertruck for FREE!

[@twizzltwizzl7962]

Your joke is funny af, but I dont think the avg person will get it😅😂😂😂

[@Daboy804]

Just cut prices even more today FSD is down by a third 😂

[@letlho83]

😂😂😂😂😂😂 I laughed that's true

[@jorge1807]

This is what Tesla looks like without the government giving them $7500 for every car they sell. That is the main reason for them not selling as many cars as before.

[@joparkcat]

Tax payers can't fund Tesla and Space X, not at the same time.

[@akeemmorrison2589]

Yet he blames immigrants for taking tax payer money while he’s not even from here

[@Ricardogs]

At this time SpaceX is needed to launch cheap satellite payed by taxpayers, Russia at this moment will not give/rent the cheap and realible soyuz system to USA, NASA is only used for R&D and military.

[@stanfrymann8454]

Didn't you get the memo? The robot-taxi is vaporware. The long haul truck is a failure. The $25K car will wind up to be $50K.

[@Hemestal]

Ngl, I never understood why the Tesla stock stayed so high for so long when Musk has had the absolute worst track record when it comes to overpromising and not meeting the expectations he himself created. Of course, people have been losing faith because you can only lie so many times before they notice the pattern of behavior. This is exactly why he was voted out of PayPal.

[@justinbarion2269]

"Version 12 is better because it has ai instead of human written code." That sounds like a lot of red flags to me.

[@neeneko]

Yeah.. just think about how often a amazon search returns the wrong result, and remember that search is a MUCH better funded system with real pressure to do as well as possible.

[@justinbarion2269]

@@neeneko that's a great idea! Musk should partner with Amazon! Then your driverless car can go pick up Amazon packages with a.i. when you're not using it! Looooooool 😆 They'll probably come out with ideas like this before they have driverless cars.

[@fonkenful]

What could possibly go wrong there? “It’s got electrolytes!”

[@Alan.livingston]

I’ve tried to use copilot to write code for me and it’s the equivalent of cheap outsourced code from the third world, and thats on a good day.

[@KNByam]

That's why he wants that pay package, so he can get out.

[@joker6558]

The fact that the “robo taxi” being a thing such a joke. Full self driving is more dangerous than cruise control

[@shumandaniele]

I own a Tesla 3, and I agree with you. FSD has all sorts of flaws.

[@joparkcat]

Imagine buying a cyber-truck, and trying to use it as an actual truck. 😂

[@frevazz3364]

May not work like a truck but it may work as a stainless steel stove. Cant tell the difference 😂

[@NomenClature-o8s]

It’s funny that they use the type of stainless steel which rusts.

[@NotKimiRaikkonen]

Its just a stock correction. It was overvalued to begin with.

[@Kabodanki]

Easy to say

[@PoloPirate]

Says the bag holder 😂😂😂😂

[@andrewweltlich9065]

It's still overvalued

[@kendalson7100]

Yup.

[@pazuzuxx]

Dude it's dropping to $45 fair value

[@kendalson7100]

Self driving cars are just another example of the tech biz trying to solve a "problem" that doesn't actually exist in reality.

[@platoscavealum902]

🤡

[@bluebay0]

The "problem" is the "pesky" humans that work as cab drivers. If they ever figure out FSD corporations like Uber will become wildly profitable.

[@davidbeppler3032]

Can I rent a car for $0.25/mile? If not, then we have a problem.

[@thegoncaloalves]

We have a soution yes, but if we can get a more efficient solution then we should shift towards that solution.

[@AvocadoAfficionado]

Oh this *is* a *huge problem*. You see, if you can reduce expenditure on useless things like people all the lines go up.

[@TheMitch12356]

The robotaxi is such a stupid idea. Tesla has its priorities in the wrong place. The model S, 3, and x all need replacing. That could be many years away. Which then puts people off from buying their cars, with an outdated design.

[@doncarlodivargas5497]

I agree, looks to me as Elon Musk are following not very well thought out impulses, same with the ridiculous cybertruck, what have the development of that cost? Same with the "robot taxi" where Elon Musk make a fool of himself by failing, in addition he should stick to an image of being concerned about the environment, not constantly tazting on twitter about race and trump etc, I think tesla are history in some 10 years

[@NorthStarBlue1]

Also don't forget the semi which is many years of production away from filling its preorder quota, let alone taking on new orders, and has been all but forgotten by the press because their one customer who has actually gotten some says next to nothing about them. That's another needless boat anchor around Tesla's neck that they can't get rid of.

[@doncarlodivargas5497]

@@NorthStarBlue1 - semis to be charged by solar panels, acers of solar panels, it is all do stupid, I do not believe people believe in all this

[@SiisKolkytEuroo]

What do you mean s, 3, x, need replacing? With what?

[@JJ-zr6fu]

Because it’s the only thing keeping the stock this high. Once Tesla is valued as a car company their stock tanks. Robo taxi is the only techi thing they have

[@kostmalone]

They keep buying his bullshit 😂

[@uptown710]

Which is the most confusing part of this all. There’s clear and stark evidence of him just being full of shit, and people *_still_* rush out to buy his crap.

[@davidbeppler3032]

Is the Model Y vaporware?

[@GrundleLongDong]

@@uptown710it’s because he’s become a cult of personality. People blindly buy into his narrative because they like it, and because they like it they’re unwilling to see the evident problems. It’s the same thing that’s happened with Trump, I can attest to this because I fell into this trap in the past. I used to watch Steven Crowder videos, saw his points as factual because he asserted confidently that they were correct. However I then made a few accidental discoveries, namely by other content creators, and then on my own that completely contradicted his points with evidence, and that completely opened my eyes. It’s pretty easy to fall into this kind of trap, what it takes is someone with the same approach contradicting them with evidence, should be enough to make the people who blindly follow ask questions.

[@XantheFIN]

@@uptown710 Hey, people buys Apple still too but if you are developing Apps to those you know its BULLSHIT platform.

[@miguelzavaleta1911]

​@@GrundleLongDongYeah, its probably a good thing to have a degree of distrust for everyone, but ESPECIALLY those you like or agree with.

[@electrified0]

One major issue with the Robotaxi network is that even if you solve autonomous driving and the myriad of issues around strangers in your car unsupervised, the reality is that Uber loses money underpaying drivers for a service consumers find expensive. Penetrating Uber's market share would require drastically lower pricing, and doing so profitably would require an even greater cut to the owner's share of the profits. Tesla could solve FSD tomorrow and they'd have trouble creating a sustainable robotaxi network with costs and pricing that are appealing to both passengers and car owners that leave them in the black. And they are absolutely not solving FSD tomorrow.

[@electrified0]

The reality is that "driver pay" is not the thing holding Uber back from profitability. When you book a fare, less than half of that actually goes to the driver, and the half of THAT goes towards expenses like fuel, car maintenance and depreciation, and insurance. These fixed costs do not go away when you remove the driver, and a car owner will not accept $0 either so even a 25% reduction in cost is overly optimistic. Then comes the data center costs for Dojo. All to compete with a famously unprofitable company's famously unprofitable business model.

[@samsonsoturian6013]

Everyone who wants a Tesla, has a Tesla.

[@tellyboy17]

Everyone who wants a Ford has a Ford.

[@redhidinghood9337]

And also *can* is a precondition. There's a reason chinese EV are so successful these days - tesla is way too expensive for most people

[@TheGuillotineKing]

And everyone who wants one can't afford one

[@kaovilai]

I don't have it yet

[@tmoss89]

@@TheGuillotineKingfalse

[@Vito-jr9wl]

Cybertruck is Not even allowed to be sold in the EU due to its sharp edges.

[@platoscavealum902]

Are you sure about your information? It’s a Google search away: "As of December 2023, Tesla confirmed that the Cybertruck will be available exclusively in the United States, Canada, and Mexico, with no plans for release in other global markets, including Europe and Australia." - Wikipedia: Cybertruck

[@movement2contact]

And it's not allowed to go in the rain by Tesla because... it's Elon's another overhyped and underdelivered fantasy

[@toomanyaccounts]

​@@platoscavealum902 google search also says "To drive a vehicle heavier than 3.5 tons in the EU, drivers must have a category C1 license - meaning that to drive a US-built Cybertruck on European roads, you may need to apply for a truck driver's license."

[@Vito-jr9wl]

@@platoscavealum902 the reason for that is that they would Need to make a Lot of costly Adaptations to the vehicle. So the current US Version of the Car would Not be allowed to be sold in Europe. Additionally, as the cybertruck is over 3.5 tons (over 7.700 pounds) it follows different even stricter regulations in the EU

[@defundhollywood3259]

Yeah I was kind of bothered he didn't include that in the video, but I guess you can't know EVERYTHING! 😉

[@utoob7361]

Matchbox pioneered the minigigapress decades ago. They have die-cast millions of automobiles.

[@iko3]

Elon wants $56B after laying off more than 10% of its employees. Amazing lol.

[@princemc35]

Correction: $83 billion

[@killurtv319]

Everyone is laying off Google and Apple are as well, stop the cap

[@Nowhere-from]

​@@killurtv319you're the cap. Laying off is only half the truth and CEOs extreme compensation is wrong!

[@davidbeppler3032]

No, he wants 25% control of the company. And the money he is already owed.

[@princemc35]

@@davidbeppler3032 Which is $83 billion

[@tokphys]

They really need to fix their QC and after-sales customer service.

[@Wongseifu548]

The after-sales customer service I agree but QC I really don't hear much about anymore I think they did solve that

[@georgeholloway3981]

QC is fine, what year are you living in? ;-)

[@frevazz3364]

QC is still a major issue.

[@MixedUpSignals]

The Emporer has no clothes, the Sillytruck has no buyers.

[@keiserious]

“public sign support for musk” bingo! Poor Cathy Woods, she had predicted the stock price would reach $3000 by 2025 and the company would have a mkt cap of $7T😂

[@princemc35]

Bro you're wrong She predicted $4000 before splits when Tesla only had 171 million shares

[@princemc35]

She got it right For some time

[@brandonburns5365]

​@@princemc35she was right at a time you could have seen gains in any stock😅. Being right matters in times like this

[@TheGuruStud]

​​@@princemc35she's been wrong about everything and has basically bankrupted her fund

[@princemc35]

@@TheGuruStud Slow your horses I was just correcting the info stated As I said, she was correct, "for some time". Also her fund still exists

[@fromthebirchwood]

After buying TSLA shares for 10 years, I'm struggling to make gains presently. How can I adjust or revamp my million dollar portfolio to make profits steadily and hedge against inflation, or am I better staying off the market?

[@arlenehill4ril]

Agreed, I once consulted a seasoned advisor amid 2020 stock market crash to make up for my loss, and through proper diversification among dividend stocks, ETFs, & alternative assets, my $250k investment portfolio boast of an annualized 65% ROI to date.

[@okaydamian]

good gains! how can I get such guidance if you dont mind me asking pleas? i am 34 and new to investing, my ultimate goal is to set myself up for financial success so I can retire early and comfortable

[@arlenehill4ril]

Can't divulge much, I take guidance from 'Karen Lynne Chess' a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.

[@pluto1of1]

thanks for putting this out, curiously inputted ''Karen Lynne Chess'' on the web, spotted her consulting page at once and was able to schedule a call session, she seems impeccable!

[@robf1801]

By hosting a bot party in the youtube comments of course.

[@jikan-tabi-1888]

Cheaper used teslas are everywhere (ie Hertz). Why buy a new one if the resale value continues to plummet?

[@Wongseifu548]

Yes because cars don't lose value as soon as they leave the lot....

[@philliptemple9841]

HW4, Ryzon processor over Atom, better sound insulation, better speakers, improved suspension, ventilated seats, etc. Same reason people upgrade their phones and PCs despite the old one being perfectly adequate. Phillip.

[@schalitz1]

Not to mention their price cuts pissed off not only Hertz, but every rental car company, who are likely to never do business with them again because of it.

[@endintiers]

​@@Wongseifu548Some Porsche models gain value as you drive them out (there is a waiting list)

[@evapawlowska]

@@Wongseifu548lose and plummet are two different things 😂

[@DeadAir21]

That model 2 is a fever dream. No way they can make it at 25k and sell enough to make it worth their while.

[@attentionaddicts]

The Model 2 project has been cancelled.

[@williamyellow1337]

M2 totally still in play and will be brought up every missed earnings, but yes effectively cancelled aka 7-10 years away from hitting mass production.

[@MuShinnen]

@@williamyellow1337 It's cancelled.

[@williamyellow1337]

@@attentionaddicts see bro, earnings out today, cheaper model talk is a must or its going $100/share. He just need to fake it 'til he make it, but this time it gonna be much harder with Competition on the rear view mirror and high interest rate.

[@NomenClature-o8s]

@@williamyellow1337Right, just like the 2020 Roadster which was announced in 2018.

[@BestStockStrategy]

Musk is the most successful grifter of all time!

[@Grimm299]

Oh I don't know, a certain real estate grifter managed to get himself into the White House

[@CriticalAfricanThinkers]

Yes

[@fonkenful]

@@Grimm299 And it’s beginning to look like his glory days are well behind him.

[@Kingcobra6699]

He probably has made himself think he is that tech genius.. The role went to his head...

[@sj1547]

I don't know... Donald Trump made it all the way to president...so he is at least on par.

[@Oneil1570]

Robo taxi is vaporware just like Full self driving.

[@marcdraco2189]

Robotaxi *requires* full self-driving and many experts believe it will never materialise. And the Cybertruck is already on a 💯 recall because the accelerator pedal can jam in position.

[@Bluecedor]

Because he had the engineers throw all their energy and attention into figuring out a new stainless steel spec that got close to conforming to his grossly superfluous standards, rather than designing a complete interior with roughly earth-orbit ergonomics and the simplest of pieces that otherwise can kill owners.

[@marcdraco2189]

@@BluecedorHe's bumped and bumped the stock but what shocks me is that people STILL think this guy is a genius not a fantasist.

[@Bluecedor]

@@marcdraco2189 Elon’s #1 personal export is his cult of personality. it’s how he paves the way for SpaceX to get no-strings-attached taxpayer-funded government contracts to turn Boca Chica into an open air move-fast-and-break-things laboratory flinging metal garbage into high altitudes while missing most of their own performance benchmarks on every test. Because f**k migratory birds, sound ordinances, established standards, and the ecosystem.

[@konman181]

Robotaxi is vaporware 😂

[@platoscavealum902]

probably, probably vaporware

[@toomanyaccounts]

if those could make 30k profit each year Tesla would't sell them 2 mill of them would generate 40 billion of profit each year.

[@mikafiltenborg7572]

8/8-2024 🚖🚖🚖🚖🚖

[@mikafiltenborg7572]

Robotaxi 8/8-2024 🚖🚖🚖

[@davidbeppler3032]

It is today. But, will it be tomorrow? Reusable rockets were also vaporware. Ever heard of SpaceX?

[@matteff3814]

99.9% accurate FSD isn't accurate enough for a robo taxi

[@princemc35]

Lol That's not true tho

[@princemc35]

Im saying that there's no possoble way of 99.9% accuracy on FSD

[@AvocadoAfficionado]

If you use your car as a robotaxi you'll also need to buy muskBot to keep the thing hygienic.

[@tv321123]

​@@princemc35 You should learn math, and how to write full words in English. 99.9% is 1 accident every 10,000 trips. If the Robo Taxi is doing 10 trips a day (conservative number) That's a accident every 3 years. About half as long 'per accident' interval that the current average for a human is. In other words, You'd have about twice the chance to get into a accident with a Robo Taxi than a Real Taxi.

[@defundhollywood3259]

Robo taxis are a myth.

[@zuggernautz]

finally. its begun.

[@davidanalyst671]

finally what has begun. are you telling me that you hate tesla so much that you have been waiting 20 years for this car company to fail???? Half of the car industry was taken over and bankrupted in 07, tesla was not, and you think tesla is going to crash???? You are delusional

[@jordibt1789]

Noooo, imposible, why a car company is valued like a car company, must be those ESG investors 🤣🤣

[@princemc35]

It's still not valued like one It has to have a low PE ratio of 10- 15 So $150 Billion - $225 billion of market cap

[@davidbeppler3032]

Did GM or Mercedes put in superchargers? How much is the oil industry worth? Tesla it taking that away from them.

[@xman7695]

​@@davidbeppler3032I agree that they have some superchargers but that's about it. They have the same market as every car company so that's about what their market cap should be. Volkswagen has like 3 or so brands with millions of sales and their market cap is way smaller than Tesla.

[@jordibt1789]

@@davidbeppler3032 Given that they are opening them to all users of the NACS standard ,to get IRA handouts, many more manufacturers will have them shortly, other manufacturers make money, oil makes money, TSLA makes much less and growth is pleateuaing fast

[@davidanalyst671]

no, if Tesla is a car company, why does it have an AI team, a robotics team, a solar panel team a battery backup for your house team.

[@kellymoses8566]

Musk is turning into Howard Hughes.

[@tobysbreathisverybad]

Oh, that he would be that reserved…

[@princemc35]

Who is that pls?

[@xcidgaf]

he wished he was that mf

[@toomanyaccounts]

@@princemc35 Hughes was a genius airplane engineer who created an aerospace company. During his life he was one of the richest people in the world.

[@platoscavealum902]

@@princemc35 Howard Hughes: "He was a Los Angeles billionaire known worldwide for pushing the limits of engineering, safety and his bank account to achieve transportation breakthroughs, as well as for gossipy celebrity romances. He churned through executives like a buzz saw, made puzzlingly costly business decisions and invited conflict by thumbing his nose at politicians and the law. Yet he was one of the great entrepreneurs of his time." - Forbes, April 4, 2019 "Later in life, he became known for his eccentric behavior and reclusive lifestyle-oddities that were caused in part by his worsening obsessive-compulsive disorder (OCD), chronic pain from a near-fatal plane crash, and increasing deafness." - Wikipedia: Howard Hughes

[@spoddie]

I've been saying for at least 10 years, there is nothing special about Tesla. EVs are easy to make, when or if, EVs are a profitable product, Tesla will be destroyed by the major car manufacturers.

[@johnnyonthespot4375]

Ford is dropping almost a Billion on revamping an old train station in Detroit for EV production designs. Tesla is not gonna survive - Ford & GM are revving up and this is not their first rodeo.

[@Kaodusanya]

Im not an investor right now but this channel is almost a perfect bottom caller might be time to look into tsla

[@singed8853]

Investing in Tesla is essentially like gambling at this point.

[@antimatter7629]

This is the fault of investors more than anyone else, Tesla was always a car company, not a tech stock

[@gw3485.]

You hit the nail on the head. He has such a way with words and his vision, people overlooked the fact that it is a teched out CAR COMPANY. To be fair though, I am invested in Tesla. Would never buy one.

[@LoveClassicMusic0205]

@@gw3485. You would be wise to take your profits now. The stock is going nowhere but down from here. The EV bubble has burst. The virtue signalers already have theirs and the rest of us don't want one. The Cybertruck fiasco will accelerate Tesla's decline.

[@Fireclaws10]

He marketed it as a tech stock with full self driving, that’s why it was was priced as one.

[@stuartburns8657]

​@@gw3485.You happy with him wiping out further value if he gets his deal? How are you voting?

[@antimatter7629]

@@gw3485. I hope you're still up, best of luck my friend

[@Jayjs20]

Moomoo is a Chinese company. No thank you. Do you really want to trade stocks using a Chinese startup?

[@AG-en5y]

Well depends. Do you wanna secretly become a CCP spy? Or better yet do you wanna get all the downsides of being a Ccp spy with 0 up sides of getting paid?

[@defundhollywood3259]

.... Maaaaaaybe?

[@TheZackofSpades]

Maybe I like the idea of Pres for life Winnie Xi Pooh being able to seize my device and data on any whim 😇🤨

[@AG-en5y]

@@TheZackofSpades I'm pretty sure that's call being a Chinese citizen.

[@Smallepisode-yj3vd]

Sinophobia at its best.

[@johnmcnulty4425]

I found freedom by downsizing everything including my stock portfolios. Now I don't have to worry about markets anymore and this gives me peace. BTW, having a purpose in life is worth way more than just making money.

[@Anadrolus]

0:24 Bezos looks like endboss villain

[@princemc35]

He looks so cool

[@althunder4269]

Remember back in the day when he looked like a nerd with the sweaters and all? He's really reinvented his image lately.

[@shrek769]

Nah he look like Lex Luthor

[@JointFive]

​@princemc35 I'm an Engineer, but he looks cool to who? Guys TRT is of the charts. Maybe looks cool to simps

[@princemc35]

@@JointFive I mean as an end boss villain

[@lamchunting856]

Self driving will never happen unless every car is self driving.

[@platoscavealum902]

🔮

[@BrendAn_RSA]

Wrong. May not be in the near future (10 years). It will happen.

[@mamotalemankoe3775]

​@@BrendAn_RSACoper

[@defundhollywood3259]

I can see it happening on a smaller scale in city centres if they ban regular vehicles from using the same roads. If it's a closed circuit and it's engineered specifically so that the cars behave like a swarm or a school of fish. Not using the same roads and systems that were made for people with eyes and ears. And I can't see it happening everywhere, just high density areas where the traffic can behave like its own organism.

[@althunder4269]

Right. Unless there is communication coordination between all the vehicles SD will never work properly.

[@mnh31113ah]

Here's a simple question to ask. Why is a dedicated robotaxi design with no steering wheel and pedals required when waymo are already demonstrating with conventional cars? This is a software/AI problem, not a vehicle design problem. And if there is some missing hardware then all that stuff about the model 3 being a robotaxi in a few years was just lies.

[@philliptemple9841]

Go check how much each Waymo car costs and then decide if that's really scalable. Phillip.

[@toney5173]

Truth is spreading about the true cost of owning an EV and the problems that come with owning one. There are many KZbin videos of people buying new Tesla's (and other EVs) and having batteries, charging components, mechanical issues not too long after purchase. Many have returned back to gas or hybrid vehicles.

[@felipenachmanowicz9393]

Just you guys wait, on the 8th of August Mr Musk will unveil a dude dressed as a robotaxi dancing around a stage.

[@desmondjefferson2127]

10:16 what BLOWS MY MIND, is people are paying to be crash test dummies and beta testers with their own cars. 😂🤣🤣🤣😂🤣 I get PAID to do that not PAY to do that

[@frevazz3364]

I said this once to a Tesla owner that uses the “Full Self Driving” and their answer was that they are ok being a guinea pig because it’s advancing society…. 🙄😬

[@desmondjefferson2127]

@@frevazz3364 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️ the Idiocracy. I have zero sympathy for these Tesla fully members

[@AmenProletar]

​@@frevazz3364I wonder what society he's advancing by being fooled

[@AvocadoAfficionado]

We've finally passed peak Musk. 🚀⤵️

[@davidanalyst671]

Musk has an AI team. He is making robots to do your dishes. Musk has brain implants. My man. Tesla sales are flat because the federal reserve raised rates. When they lower, sales will keep growing at 50% per year.

[@TsunamiVIII]

I rented a polestar 2 for a couple of months, loved the 0-60 in 4 sec, hated spending an hour waiting for someone to be done charging their vehicle then had to wait another hour to charge mine

[@scottlauren3145]

You've been absolutely tearing it up lately. Amwsing content, every time.

[@SadeN_0]

Almost every video contains factual errors, not to mention same information repeated multiple times, see for example 10:48 - 11:07, which reeks of either very sloppy editing, or worse yet, AI-generated scripts that nobody gave a shit to bother really proofing.

[@davidanalyst671]

this is elon porn. you fell for elon porn

[@xelefonte]

The problem with Tesla over the past couple of years lowering prices of EVs like Model S and Y…is that you have angered two groups of people and both of these groups are synonymous. Group 1 is the group who bought Tesla for its luxury exclusive appeal…I have something you can’t afford. Group 2 are the people who bought Tesla as a good investment believing it was a high performing environmentally efficient vehicle but now have buyer’s remorse because they paid the beta price (over $100K) now witnessing their car significantly depreciate since newer models are much cheaper than when they bought it. That experience will have them never buying a Tesla again. Tesla should just remain as an exclusive luxury car. Lowering the prices won’t incentivize the majority of people like me who see Tesla as a terrible car company with the highest car insurance premiums. I wouldn’t buy a Tesla even at $40K when I bought my Honda hybrid for $15K and I only spend $960/year on gas. My insurance is $35/month in Cali (with just liability) but my sister’s Tesla’s insurance is $162/month. Buying a Tesla to save money from gas costs is stupid because you’re paying for it in so many other ways. A Tesla is simply a terrible investment.

[@MtHoodMikeZ]

Anyone who believes Tesla will have a Robotaxi soon is a fool. Anyone who believes any current Tesla will EVER have Robotaxi abilities is even more deluded.

[@edmarr5209]

How about a personal robot butler? Lol

[@dmclegg66]

So who will pay the massive bill for robo taxi insurance? It will never happen.

[@pavlodeshko]

my bet is model 2 will tank sales of all pricier models

[@RobertJemison-YouTubeUser]

I thought that the 2 had been canceled

[@philliptemple9841]

​@@RobertJemison-KZbinUserNope not cancelled. Nor will it tank sales of other models as it will be "utilitarian". Phillip.

[@YNW_QI]

@@philliptemple9841elon musk I see you

[@ivaylot9452]

Well researched and accurate. However $25k car and Robotaxi will be built on the same platform. From the presentation slide the other vehicle was a van. Tesla will go in other segments of transportation vehicles hence the van as a future product.

[@flashoflight8160]

We've had near autonomous vehicles for over 100 years. It's called a train and railroad tracks are dedicated right-of-ways. Trains work great and hardly kill anyone. There are a lot of fully autonomous trains at places like airports and some transit systems. The tech for FSD is never going to be any good for roads that are shared with human drivers and pedestrians. All of the automakers worldwide need to start pressuring the government to start converting existing freeways and feeder roads like frontage roads to restrict them to autonomous vehicles only and don't allow pedestrians.

[@arturas9727]

finally musk and tesla is going down for ton of good reasons

[@davidbeppler3032]

The stock is down, has nothing to do with the company. Why do people get those things confused? Tesla has $30 billion in cash! Even if stock falls to zero the company is fine.

[@MuShinnen]

​@@davidbeppler3032lol no. It isn't. That cash is there for multiple things including: acquiring raw materials, acquiring solar panels, maintaining factory lines and equipment, handling various lawsuits, a buffer for potential recalls, research and development etc. That money isn't just free floating.

[@emilsohn1671]

Lol Tesla is not going down. It is still selling far more EVs than all others bar BYD. And BYD sales in EVs are boosted mainly by low end cheap vehicles, it's still impressively done by BYD ofc. But Tesla massively outperforms all legacy manufactorers in EV sales, despite this recent downturn in sales. And the stuck for Tesla isn't tanking. It is simply finding its real worth which, if we are all honest, probably wasn't the 800 billion to 1 trillion dollar valuation Tesla was at at its peak. While it is still the world's leading car manufactorer, it isn't worth THAT much and so the company valuation will find its real value. Probably 250-300 trillion. That is the gist of it. Tesla is both the leading EV manufactorer, the future of cars, and it was also massively overhyped at the same time because the 800 billion dollar valuation was probably JUST too high. Sparked ofc by Corona which caused a general stock surge.

[@MuShinnen]

@@emilsohn1671 It isn't the future of cars. They've stagnated for damn near a decade tech wise. Most people aren't interested in EVs because the infrastructure isn't there. It's not going to be there for years, and more people are shifting to plug in hybrids. Tesla is not the future. The growth was a flash in the pan fueled with government subsidies, and loophole exploitation. It won't cease to exist, but Elon has already said the 25k EV is cancelled. They peaked. It's over.

[@davidbeppler3032]

@@MuShinnen Nope. That is now how business works. You do not spend your money buying materials, you borrow that money and pass it on to the consumers.

[@mikep5475]

good video.. thank you. I drive by a Tesla dealership daily and the lot is ALWAYS full. for a while the lot was grid locked with cars

[@mr.y.mysterious.video1]

These days driving a Tesla is like driving around with a big 'i am a total wanker' sign over your head

[@SDZ675]

The fact that LVMH, a luxury brands company, CEO is the richest in the world really shows the state of the world we're in and who really has all the money.

[@ingenieroriquelmecagardomo4067]

i mean, stock based wealth should always be treated with a grain of salt

[@BobBob-uv4vc]

No one needs a car when we have the hyperloop and California high-speed rail.

[@DanLyndon]

Except the hyperloop doesn't exist.

[@simpsons34520]

The reason for this is clear at this point. It's just another way, like with the ridiculous tunnel in Vegas to divert interest from high speed railways in the US, which would actually benefit everyone else but Musk.

[@mrsmith6532]

My theory. Plenty of people still want a Tesla. But they are waiting on stupid issues like the windshield wipers and cruise control to be fixed. They suck because Elon insists on using cameras and AI instead of the much more functional sensors everyone else uses. Long story short, Elon is holding Tesla back.

[@stuartburns8657]

Sick of his constant BS and behaviour. Wouldn't touch one personally

[@andrewphilips2457]

Well balanced overview that seems honest and unbiased.

[@rashad4333]

Choosing “robo taxi” (100% chance to fail) over an affordable tesla car will be one of the largest L’s in CEO history

[@RobRoss]

I think the Cybertuck has really hurt Tesla. That time, money, and effort could have been invested in their low-cost offerings, which they put off to concentrate on Cybertruck. It still remains to be seen if they can make their money back, but so far it’s not looking likely. It’s actually hurt their brand reputation. I really like Tesla as a company and I want them to thrive. But I think the biggest challenge to this happening is Elon Musk. He needs to get out of the way and let the experts lead.

[@piotrp5668]

Nice guy, demands for himself +40 bln dollars pay for being CEO, while firing 10% of employees.

[@samsonsoturian6013]

Not really. That pay was at investor expense and no one knew layoffs were coming until this month.

[@kellymoses8566]

Musk is a perfect example of what is wrong with capitalism.

[@kellymoses8566]

@@samsonsoturian6013 It looks particularly bad to demand a million years of a middle class salary after just firing 14,000 middle class people.

[@beinquisitive]

​@@kellymoses8566 Yeah, ok communist

[@justinr9753]

​@@kellymoses8566 Tesla is a stock entity first and a car company second, from a market perspective it would have been okay if the market had of responded like they did with tech layoffs but it was a double fail. They would have been better off keeping them and overproducing in hopes of oil spike.

[@deebil8099]

He's only worth $180 Billion??? Ha, what a bum!

[@willardSpirit]

Musk is making dumb moves and sinking Tesla with him. Cybertruck doesn't make sense, cancelling a lower price model to challenge other brands, Robotaxi?! Autonomous cars already suck, so how can this be profitable? They gotta get back into the right direction

[@LesserAndrew]

I own a Bolt EUV and this video is spot-on. When I was car shopping last year, I was shocked by how much the other brands had caught up with Tesla. Once we can tap into the Supercharger network, Tesla won't have any more advantages. The entry level market is already well covered, and Tesla's no longer the leader at the high end.

[@AdamEgret]

Imagine depositing your hard earned money into an account with a company named "moomoo". With decisions like this you can only blame yourself when the company inevitably goes belly up, right?

[@ingenieroriquelmecagardomo4067]

i mean bro if your analysis of a company is based only on name, i dont know if i would trust you that much either. imagine you didnt know "apple" and someone told you they invested into "apple", whos going to invest in a company named a fruit?

[@Yawyna124]

@@ingenieroriquelmecagardomo4067 Still has better face value than Moomoo, lmao. You gonna walk into the bank of Woofwoof next, maybe buy your next car from Mewmew? Sell your house on BaaaaahBaaaaah? I bet you name children off of things that the See 'n Say told you too. Ribbit!

[@pyotrberia9741]

Five years ago, we thought full self driving cars within a decade was likely. After a lot work and investment by numerous companies, we now know that it is not feasible in the foreseeable future. If Musk diverts Tesla's efforts from mass producing affordable EV's to self-driving technology, AI or anything else, the company will fail.

[@richardcoughlin8931]

Tesla is a poorly managed company with terrible customer service. As the owner of a Tesla Model Y I feel like I’m Elon Musk’s employee.

[@MrJamiez]

Good luck selling it. 😂

[@jscott1363]

It’s time for a Tesla refresh for all the cars with attractive trade ins like Apple does with their phones 😊

[@kkcuzz]

Too me Tesla needs to build a real pick up truck and a midsize SUV. The market for that is wide open for them.

[@CaptRR]

They might at some point. Though I think the model x was supposed to fill that area, but the expense of the x makes it a hard sell to most people. The cyber truck... well I honestly don't know what Elon was thinking on that one.

[@JensSchraeder]

Yes. And put a diesel engine it!

[@valentinered3657]

@@JensSchraederthat ruins the whole point of a ev vehicle nimrod😂

[@nashooo5903]

​@@valentinered3657 yup, that's the ✨point✨ the EV bubble burst, if Tesla wants to survive, it has no option but go ICE

[@BenGraceCreative]

i got a model 3 for 37k and a 7500 federal tax credit. pretty good deal and i’ve been happy so far

[@brewsandbass5572]

Building a truck that looks like a F22 fighter was a huge mistake.

[@kwillow12]

I am not acquainted with anyone who actually WANTS a self-driving car. Or a driverless taxi.

[@GH-oi2jf]

Only two groups of people want self-driving vehicles: 1. people who develop the technology so they can sell it. 2. people who don't want to pay other people to drive their vehicles.

[@willdavids7075]

My opinion is that the most folks who don’t have an ev don’t want one. Also Americans in general don’t like when the government tries to push things on them it’s doesn’t matter if it’s good bad or in between. There’s also things like range and actual cost to own for long term. More people are keeping cars longer than the life of an ev battery. Finally Musk is a problem and needs to keep is mouth shut and focus on selling cars and stop pissing off the folks who actually buy his cars.

[@princemc35]

Price comes into it too I can't even have an EV cuz I love in... Well you know whete

[@aspireistoinspirebeforewee3519]

Nah I think it definitely has a market especially with the new generation.

[@MrMrbrianbechtel]

Elon over promises and under delivers every time Robo taxi is never happening. Just like; -Full self driving -cars that work in severe cold or hot temps -Semitrucks -Roadster -250,000 cybertrucks a year -cybertruck starting at 40k -$25k car -Your personal tesla making you money UBERing at night Etc.

[@henzoko5946]

Its a toxic idea that stocks can grow infinitely

[@Wongseifu548]

If its based off one product I agree but stocks grow because they go into different areas which makes them more appealing

[@defundhollywood3259]

That came to my mind many times before the Dot Com bubble burst back in the day, and many times since. What goes up must come down.

[@TheLevitatingChin]

Good stuff. Glad musk continues his well-deserved downward spiral.

[@Timpon_Dorz]

If robotaxi works... Then why would Tesla be in the car making business? They can be the biggest cab company in the world and take over everything from Uber and Lyft. It doesn't make sense to sell you something for $25k so it makes the end users $35k in passive income.. 😂😂😂 Make it make sense!

[@CaptRR]

We are still a ways, both legally and functionally from a robo taxi system on teslas. Tesla is going to have to keep selling cars to consumers for at least a few more decades or more before that product is able to get over those hurdles.

[@mervstash3692]

@@CaptRR You're missing his point. The point is FSD is not real. According to Musk, they solved FSD 10 years ago. If that was actually true, they would be worth hundreds of trillions by just becoming the worlds biggest taxi company. They wouldn't need to sell cars. He is on record stating that every FSD car will make an ROI of 100% per year. It's like claiming you made a machine that makes gold out of thin air (better than gold in this case). Why would you sell that to anyone?

[@xcidgaf]

yeah, he’s selling money printing machines to his glazers, so they think 😂😂😂 🤡

[@mamotalemankoe3775]

​@@mervstash3692Literally Nigerian price tier rubbish talk from him. Like someone promising to give you 50 dollars for 5 dollars, but they will pay you in three days, somehow people buy this, mad.

[@davel4143]

taxi business is not high margin business anymore. Uber pays driver shit and still don't make good money

[@Nakameguro97]

Re: 12.3.3 (supervised) FSD - 90-95% of the time, it drives better than most people. But the rest of the time, it’s a lot worse. Most short drives require 1-2 overrides. That’s not good enough for robotaxis, yet.

[@BaldAndCurious]

Wait, regulators are allowing fully autonomous vehicles? On the road? With actual human people? Alongside other vehicles driven by other people, and pedestrians?

[@stuartburns8657]

Nope lol

[@BaldAndCurious]

@@stuartburns8657 then why do they seem to be all over the place? I'm confused. How will the DMV regulate these? They "may" have plates and registration, but license to drive? Who do the police put in hand cuffs when these things destroy property or injure people or worse? I have sooo many questions... 😐

[@stuartburns8657]

@@BaldAndCurious As does the rest of the world. Which is why lvl 5 autonomous driving feels decades or even longer away. Who make the code that chooses to hit a pedestrian (less car damage and risk to driver) vs hitting another car or wall as an extreme example.

[@BaldAndCurious]

@@stuartburns8657 regulation is sooooo behind reality. They should be getting in front of these faster. Sometimes it seems you have to have absolute disasters for them to even notice.

[@stuartburns8657]

@@BaldAndCurious health and safety manuals are writen in blood as they say..

[@stephenhayston4314]

The writing is on the wall when a car dealer will not give you a trade in on the vehicle you purchased off them

[@dyworking]

Tesla shorts got SLAUGHTERED on Friday and today. 😊

[@CryptoHolger]

Used to like Tesla back in 2018-2020 but after him cuddling up to Putin I'd never buy anything he makes. I'm grateful for what he's doing with space-X tho.

[@djayjp]

Didn't GM discontinue the Bolt...?

[@philthechiller7026]

Tesla doesn’t need a Cybertruck, or Roadster. They need a small hatchback or a van. They would have almost no competing models.

[@joshuapatrick682]

Having your net worth fall from over 300 billion to shy of 200 billion is a bad day for most countries, but I wouldnt mind…

[@antcantcook960]

GDP is different than empty valuations

[@thermitebanana]

How is the robotaxi thing going to work? Given that autopilot and full self drive currently don't perform as advertised and they've given up on lidar.

[@defundhollywood3259]

I'm sorry, I don't want my nosy-ass co-workers to help themselves to my Robotaxi any time they want. Who else is protective about who gets in their vehicle? It's pretty much my safe space. 😬

[@danielstapler4315]

The adoption curve for new technology contains several categories. The 1st is the pioneers (2.5%), 2nd is early adopters (13.5%). Then the early majority, late majority, and laggards. Between the early adopters and the early majority is the "chasm of death" and right now imo EV adoption is in the chasm of death area. And the death part refers to the death of companies.

[@aegisofhonor]

is it me or is this Robotaxi giving me Johnny Cab vibes from Total Recall.

[@LutherMahoney]

Johnny Cab has an impressive service record.

[@subwayfacemelt4325]

Only terrorists like Dennis Quaid give Johnny Cab a bad day!

[@stanmarsh646]

In Fact, in Germany, due to the size of the Cybertrunk and its classification as a truck, you can't drive it with a regular driving license you have to get a Truck license

[@KieranKelly-o9s]

Musk being an utter pratt doesn't help

[@PhilipCockram]

Recalling every $100,000 Cybertruck to install a 5 cent rivet on the accelerator pedal to stop runaways ...is not helping build consumer confidence .