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Post by on Dec 26, 2022 12:55:05 GMT
I've been watching this Tesla thing for a while. Not got any money in it but the shares have dropped from 400 to 123 this year. Nasty.
One of the things which caught my eye, and is actually hilarious if you think about it is the "Full Self Driving Capability".
You have to laugh about this. What has been happening here is that people pay like $10,000 for something which DOES NOT EXIST but hopefully will exist in the future subject to technological advances and regulatory approval. In other words it won't happen during the lifetime of the vehicle because Tesla are rubbish throw away cars. It is a software update licenced by Tesla and only available IF self driving cars become 'a thing'. They will eventually but it won't be Tesla that does it.
So this cunt Elon Musk (strange anagram I noticed Lone Skum) is basically doing a really complicated and quite possibly legal scam. It's really funny.
Nobody else sells this thing which doesn't exist so there is no pricing competition.
People buy it !! Apparently there are about 800,000 cars with the future option of upgrade if it ever happens (it won't).
What a giggle! Even if that was only $1,200 dollars each it would still be 1 billion dollars.
The bloke is a fucking genius. Who would have thought you could sell something which doesn't exist and get away with it?
Hilarious shit !
There is a class action lawsuit about it but I reckon he is such a clever devious kid that it's all covered.
Steer well clear of these machines, literally. Dodgy shit.
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Post by on Dec 26, 2022 12:56:28 GMT
The bloke has basically generated well over a billion dollars selling a non existent product.
Brilliant!
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Post by kris on Dec 26, 2022 13:00:16 GMT
It’s like selling cybertrucks when there is actually only prototypes in existence so nobody has actually seen the finished product. He does seem to be the master of hype. I think the Twitter thing will burst his bubble though. He was booed on stage in San Francisco recently.
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Post by on Dec 26, 2022 13:07:04 GMT
The shares are really sliding fast.
All hype indeed. Cult following etc.
It is going to be interesting to watch. It stinks of a fraud in a lot of ways.
He keeps selling his own stock which is a very good indicator and seems a bit like insider dealing.
He also says stupid things like
“solving Full Self-Driving” (FSD) is “the difference between Tesla being worth a lot of money and being worth basically zero.”
Funny situation but it is an investment security and a lot of retail investors have been drawn in (easy money to get hold of as they are not sophisticated) so if it really goes down badly trouble may come to him.
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Post by kris on Dec 26, 2022 13:11:50 GMT
I really think this Twitter thing will be his undoing. It is like a cult but the bubble has burst. As you say it will be interesting to watch. People like bill gates have been holding short positions on Tesla stock for a long while. Not that it really effects ordinary people.
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Post by on Dec 26, 2022 13:17:10 GMT
That cybertruck thing looks too much like a bullshit product. More marketing hype.
Apparently illegal over here due to the lack of pedestrian friendliness but in the states it will be okay and can be legally driven without wing mirrors.
Another thing which is too scammy is instead of a recall any manufacturing faults are dealt with by software update.
What a con! You pay for a fully featured car then bits get taken off "over the air" when they stop working.
Ok for a phone but a car? No thanks. It's too expensive to have it entirely controlled by the company that made it. if they were to to under the cars are virtually worthless and probably won't even move forward at all. Just good for parts.
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Post by Telemachus on Dec 26, 2022 14:57:00 GMT
At least Elon Musk has produced a lot of cars that work reasonably well. And the space stuff. But he has fucked up with twitter, no doubt. As to paying for stuff that doesn’t yet exist, it is less stupid than paying for stuff that everyone knows will never exist, ie cryptocurrencies.
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Post by Mr Stabby on Dec 26, 2022 15:06:13 GMT
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Post by Telemachus on Dec 26, 2022 15:39:40 GMT
That is not cold weather. That is exceptionally cold weather. Plenty of internal combustion engines vehicles don’t work properly in exceptionally cold weather either. I seem to recall that later Tesla models have heating built into the battery packs. Well Telemachus has heating built into its Lithium battery system, and if I can do it I’m sure Elon can.
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Post by on Dec 26, 2022 16:04:48 GMT
At least Elon Musk has produced a lot of cars that work reasonably well. And the space stuff. But he has fucked up with twitter, no doubt. As to paying for stuff that doesn’t yet exist, it is less stupid than paying for stuff that everyone knows will never exist, ie cryptocurrencies. Crypto is just a ponzi scheme. If you get in at the right time you can take a lot if money off people. If you pay £10k for FSD on a Tesla you get fuck all and never will get anything. Crypto is a far better investment if done right than FSD.
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Post by naughtyfox on Dec 26, 2022 16:35:21 GMT
That is not cold weather. That is exceptionally cold weather. Plenty of internal combustion engines vehicles don’t work properly in exceptionally cold weather either. I seem to recall that later Tesla models have heating built into the battery packs. Well Telemachus has heating built into its Lithium battery system, and if I can do it I’m sure Elon can. "Domenick Nati, 44, told Business Insider how he plugged his Tesla S into a supercharger in Lynchburg on Friday as temperatures hovered below 20 degrees Fahrenheit." It does not say how much below 20 Fahrenheit, but 20 F is only minus 6 Centigrade, which is nothing. Minus 30 Centigrade is starting to get a bit nippy, but you can still easily walk to the shops in that if you put a hat and gloves on. "'It is 19-degrees outside, I have 19 miles left before the battery is dead,' Nati showed thousands of viewers." ... hang on, a minute ago it was 'below 20'. "Plenty of internal combustion engines vehicles don’t work properly in exceptionally cold weather either." - all the ones in Finland and Sweden seem to. I've just driven 170 kilometres in ours (admittedly only minus 8 here), and another 140km later this evening. And it's now only minus 2 Centigrade on the west side of Virginia right now.
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Post by Mr Stabby on Dec 26, 2022 19:15:41 GMT
In 1900, one-third of the cars in the USA were electric but then they thought "Hang on. This is shit" so they changed to internal combustion engines. Electric cars are no less shit than they were 100 years ago and apart from fairground bumper cars aren't really viable as a means of motorised transport. This is retrograde technology driven by yughurt-knitting lentil-munching tree-huggers.
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Post by on Dec 26, 2022 19:24:35 GMT
They do work though to be fair.
Imagine if you were normal (perish the thought) and lived in a house with a driveway of your own. Or even a garrij. Electric car would be super. Do your thing then plug it in. Can't really argue with that.
Automation is another story. It is possible that the Tesla geyser is so incredibly clever that he has worked out that deliberately introducing automation in a bodged up way might help people have a negative view of it over time and save the humans from the robots.
And meanwhile make billions of dollars selling something which doesn't exist, nobody will buy off you and is basically worthless.
Clever work here.
I think electric cars are probably okay but not everyone will be able to have them for practical reasons.
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Post by Mr Stabby on Dec 26, 2022 19:25:44 GMT
That is not cold weather. That is exceptionally cold weather. Plenty of internal combustion engines vehicles don’t work properly in exceptionally cold weather either. I seem to recall that later Tesla models have heating built into the battery packs. Well Telemachus has heating built into its Lithium battery system, and if I can do it I’m sure Elon can. "Domenick Nati, 44, told Business Insider how he plugged his Tesla S into a supercharger in Lynchburg on Friday as temperatures hovered below 20 degrees Fahrenheit." It does not say how much below 20 Fahrenheit, but 20 F is only minus 6 Centigrade, which is nothing. I imagine it is the usual sloppy DM reporting undertaken by the 18 year old Work Experience intern who does not understand the (superior) Fahrenheit system and what they mean is -20 Fahrenheit which is -29 Celsius.
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Post by on Dec 26, 2022 19:27:36 GMT
It was cold yes. -20F I think.
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