5 ms·
9 years of scamming people into paying for FSD (which I've have since Dec'16). This is what they still release to pump stocks and sell more FSD
by jesenpaul 1y ago
9 years of scamming people into paying for FSD (which I've have since Dec'16). This is what they still release to pump stocks and sell more FSD
- sjsdaiuasgdia 1y agoAnd the market seems to love it for some reason. I don't get it. Waymo's been doing the robotaxi thing w/o any employee in the vehicle for several years now. Tesla's launch yesterday is laughable in comparison.
- jandrese 1y agoTesla is a meme stock. Any relation to their fundamentals is purely a coincidence.
- kiernanmcgowan 1y agoThe market can stay irrational longer than Tesla can stay solvent.
- robjeiter 1y agoWould not necessarily call it a meme stock as long as people are trying to value it based on future uncertain cashflows. Nobody knows for growth stocks how high they'll be; that's why they're very volatile. Yet I'd argue that most people buy for the future cashflows and it's not a meme cult like GME
- golergka 1y agoWaymo owns the fleet, Tesla doesn't. Completely different economic model which would work much better (economically) if it would work (technically).
- vel0city 1y agoEvery Telsa "driverless taxi" is owned by Tesla today.
- sjsdaiuasgdia 1y agoSpeaking to what was launched yesterday, pretty sure those are cars owned by Tesla. The theoretical future of Tesla owners being able to put their cars into robotaxi mode when they're not using them does not exist yet, and may never.
- onlyrealcuzzo 1y agoIt will only be an option if it's a losing strategy, and Tesla thinks they can sell additional cars to morons who think they can rent them out for a profit, when Tesla knows they can't do it themselves. If it's a winning strategy and Tesla can make money from it, Tesla will keep all the profits for themselves.
- RankingMember 1y agoThe idea of Tesla owners putting their cars in "robotaxi mode" never made sense strategically: If it's actually viable, why wouldn't Tesla just do that themselves and cut out the additional complexity of having customers buying and operating robotaxis?
- siliconwrath 1y agoI’m no Tesla fanboy, but franchise models exist now, why couldn’t it work for cars? Leasing cars to Uber drivers has taken off in the last decade. No reason for Tesla to sit on a quickly depreciating asset like a car if they can double dip (initial purchase and Taxi profit share) without having to pay for electricity, depreciation, or maintenance.
- Zigurd 1y agoUnfortunately, I can't remember the source, but I've read that Waymo has at least broached the idea of entities other than Waymo owning vehicles, as in a franchise. They worded it somewhat awkwardly, referring to "private ownership." which some people took to mean that they could own their own Waymo, like a private car, but I'm pretty sure it was intended as a business model variant that could support faster build out.