Thank you. My Tesla is essentially worthless now, as I couldn’t sell it to anyone in good conscience. I thought I was helping save the earth and helped finance a disaster instead.
I doubt it. I suspect a lot of their value is in the hype and perceived value Elon himself brings. I think investors buy his “I’m an engineer” bullshit.
Nope. Tesla had been extremely overvalued (think in the range of a factor of 10) and continues to be much more “worth” than it’s real value. It has a new product that gave it an edge. Other car manufacturers that are factors bigger than Tesla have caught on and are surpassing it quickly. The way I see it, Tesla is dead soon
I’d say it is. Making a new model car requires a lot of investments, setting up supply chains and what not. Ford has done a shit tonne of that AND sold factors more cars than tesla. It may not be the main point of critique, but it definitely counts
The only reason why tesla is this high is because of the lies and outright fraud (“funding secured”) perpetrated by musk. The lies had fanboys believing it’s a battery manufacturing leader, AI company, robotics, and even space company (because of spaceX, even though it’s a separate company). However, the “battery manufacturing” is assembling battery cells which are actually made by Panasonic. The “AI” is a terrible self-driving mode which isn’t anywhere close to fully self-driving like musk promised long ago. The robotics is straight-up vaporware, even more than most musk lies.
So what you’re left with is a regular EV company which has now been beaten by BYD in terms of number of EVs sold and BYD is poised to expand much more than tesla. This regular EV company that is getting outcompeted and shows unpromising growth is somehow valued more than multiple top automotive companies combined still. This trash has a long way to fall and I wouldn’t be surprised if it gets kicked out of the S&P 500 which would make it fall even harder.
Imagine a car company selling the same model and style of car for over 10 years. That’s almost every car in their line up except for the goofy rust box. There is no innovation in Tesla.
Remember when Tesla was an exciting and emergent name in energy and power systems? Tesla solar tiles made solar look incredible. What has Tesla done lately to drive down costs or increase value? Nothing. They recently came out with the 3rd iteration of their on-site battery and it is a lateral move from their earlier models. There is no long term growth or money put into research. There is no innovation at Tesla.
There’s innovation. He had his engineers remove the radar sensors which made the cars more accident prone when doing actions considered solved problems by other car manufacturers
Yeah, pretty much every complaint about the current state of Tesla’s FSD boils down to one acronym: “LiDAR”.
For the unaware, Elon has convinced himself that cars should be able to drive better than humans, while receiving less visual information via LiDAR. All of the early “wow factor” stuff from Tesla’s self-driving, (like the car automatically braking because it sensed an accident four cars ahead,) was due to radar. But Elon demanded that they get rid of the radar sensors, and move entirely to LiDAR. Because it has lasers.
But the problem with LiDAR is that it can’t see around obstacles. It works via light, just like our eyes, and that means it can’t detect anything beyond the car in front of it. With radar, it could see two or three cars ahead. It could see through/around them to detect obstacles, pedestrians, etc… But now it can’t do any of that, so they’re much more prone to accidents.
You’re slightly off here. Elon (and Tesla as an extension) doesn’t like LiDAR, and doesn’t use it in any of the vehicles. Cost, complexity, and sensor fusion issues make it undesirable to them.
Tesla is using a vision only approach for their various driver assistance features, including FSD (and you should be able to find presentations where he mentions that humans use vision, so the cars should too). Whether that is a good thing or not is up to interpretation.
None of the past or current Tesla models have LiDAR sensors - only radar, ultrasonic, and 7/8 cameras (with radar and ultrasonic sensors being absent from some newer vehicles)
The original Beetle was a very cheap car being sold at a time when no one else was making such vehicles. Sales tanked once competition showed up. The problem is that Tesla is seeing competition now.
Also, Teslas aren’t cheap. So the market for them is much smaller.
I can’t speak for other countries, but here in Brazil we suddenly got a massive influx of Chinese electric car brands. The feeling I get is that I went to sleep in a country where you couldn’t even find an electric charger and woke up in one where I could do a road trip with an electric car with zero issues.
Vehicles are extremely expensive here, but a Tesla would be out of this world expensive even if we just directly converted USD to BRL, which is not anywhere close to the actual final price. The Chinese cars are affordable by comparison, they do not lock you into weird proprietary non-standards, they have easy to purchase spare parts and do not require some weird dance to get a repair technician when you need one… I can say Tesla would have zero success here at this point. Completely different context, but I can see why they’re no longer growing in the US given how there are other mature electric cars brands out there - missing the pretentious tech bro appeal, of course.
You can’t really get any of those Chinese car brands in the USA. Best you can usually do is import one directly yourself and by then the price doesn’t make sense. I assume that GM and Ford have something to do with it.
BYD is reportedly going to build a Mexico factory to enter into the US. More power to them, a cheap EV maker would move things along very quickly in adoption.
I know what you’re thinking: “but muh china” which is a good counterpoint, and here’s my response.
Honestly my question would be for build quality, but if the Mexicans are building it that goeas away.
And any other issues I have with the cars are problems I have with all modern cars, and most of them can be solved with wire cutters and power tools. Also id probably at most get a used one, because fuck buying new.
Imagine being so dumb that, upon creating electric cars that a bunch of hippies love, you become a right wing asshole and turn said hippies off of ever buying your cars again.
He’s gonna end up saving his toenails and wearing shoeboxes on his feet like Hughes except I’ll have no pity.
Continuous unending growth will work bro. Please trust me! Expecting infinite growth within a system with finite resources definitely makes sense and is totally sustainable.
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