Tesla Inc (TSLA)

[JJ8]

Yes. by a poster called "imbellish".

Reuters : News agency company
Reuters is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. Wikipedia
Parent organizations: Thomson Reuters Corporation, Thomson Reuters Group Limited
Headquarters: Canary Wharf, London, United Kingdom
CEO: Steve Hasker (Mar 15, 2020–)
Founder: Paul Reuter
Founded: October 1851
Number of employees: 2,500

[boston745]

Tesla robotaxis: Wall Street weighs in on Elon Musk’s latest gambit

The bear side, however, is that Tesla has given up a “key reason” why many own the stock: the Model 2 as a volume play that would “reaccelerate volume, margins, and FCF [free cash flow],” Rosner said. It would also mean the bull thesis is based on Tesla cracking the code on self-driving, which will require navigating a number of regulatory hurdles and acquiring enough data to train the software.

Irwin suspects Tesla’s vehicles will need more enhanced sensors, cameras, and other equipment to truly achieve full autonomy, and the fascination of the “Cyber Taxi,” as Irwin called it, is masking the bigger fundamental problems at the company, such as lack of demand and strong competition.

“I think the stock can get cut in half; I think there's more price cuts to come. I think that there's more margin compression, and this is a diversion away from the fact that the company is now shrinking,” Irwin concluded.

I agree with Irwin that this move is a diversion as FSD is nowhere ready to push a truw full self driving robotaxi. At best Tesla will produce several to test in a few cities which will do nothing to help Tesla with its softening demand and 140k car inventory issue.
V12 FSD was experiencing problems a little over a month ago.

https://finance.yahoo.com/news/tesla-robotaxis-wall-street-weighs-in-on-elon-musks-latest-gambit-181643531.html

[JJ8]

TrendSpider, Tesla has successfully launched already more than 6 million cars that use energy from batteries.

You seem to be stuck on gas. I know it is hard to change old habits.

Tesla never will look poised to really hit the gas!

GLTY

[boston745]

I stand corrected. Looks poised for a breakout Wednesday.

[DiscoverGold]

Tesla looks poised to really hit the gas, if CPI comes in tame on Wednesday
By: TrendSpider | April 8, 2024

• If CPI comes in tame on Wednesday, Tesla looks poised to really hit the gas. $TSLA



Read Full Story »»»

DiscoverGold

[boston745]

Look for a possible break upward tomorrow. Money Flow, accumulation, and other signals i look at indicate possible breakout of the descending wedge. Price breakout above 176 with volume is bullish. Failure to do that indicates the descending wedge is still in play.

[calitrader]

Oh wow how crazy ELON MUSK is standing in front on two black rockets and pumping crypto currency ahead of God's solar elclipse. I just sold all my crpto no thank you. He is saying NASA TESLA and SPACEX are celebrating a new age with the solar eclipse and want you to buy Crypto. Yea right I want the govt to be able to make the whole country slaves with the push of the button to crash crypto NO THANKS satanist. Return your TESLA vehicles.

[BottomBounce]

$TSLA Fact Check: Klaus Schwab didn't call Musk a ‘dangerous extremist fuse’ in online clip https://www.reuters.com/fact-check/klaus-schwab-didnt-call-musk-dangerous-extremist-fuse-online-clip-2023-10-04/ *** Don't forget Elon Musk Owner of $TSLA and $TWTR ( Twitter / X ) Hired a CEO for his company Twitter who is a Chairperson, for the World Economic Forum also known as the #WEF https://www.tiktok.com/@bitcoincapitalist/video/7232402363682786602

[TMaga]

Let's see. Battery day 1 BS and battery day 2, BS
Cybertruck lies. Thank God I cancelled my order. Had a trimotor ordered. $69,000 500 mile range, Lies.
The beast as it is now called $120,000 300 mile range, not to mention all the failures. People barely getting out of the lot and their trucks are breaking down. Everybody knows you are one of Elons fan boys.

[la-tsla-fan]

TMaga: The sooner you throw in the towel, along with other shorts and our clueless analysts and institutional investors, the better it will be for you.

[TMaga]

Did you mean ELECTRIC FANS???
Elon lies so much , he just purchased his own confession booth.

[georgejjl]

Tesla investment in autonomous driving program to exceed $10 billion this year

https://www.teslarati.com/tesla-self-driving-program-investment-over-10b-2024-musk/

Good luck and GOD bless,

[dragon slayer]

Musk is so full of shit. He came out with this announcement on x because his stock was getting buried. This robo cab game is 5 years before it is worth anything to the bottom line! Maybe!

[georgejjl]

Tesla continues its Cybertruck-towed Mobile Gallery in New York City

https://www.teslarati.com/tesla-cybertruck-towed-mobile-gallery/

Good luck and GOD bless,

[FooBarAndGrill]

$TSLA could up that game to be the EV version of Buc-ee's.

[boston745]

A sprinkle of substance in your post but it needs some meat. Tesla = fake it until it makes it scam.

In a previous post i claimed that "Tesla = fake it until you make it scam". In other posts ive claimed that Tesla is a bigger scam than what Theranos was. People will say it sells cars, its cant be a scam. Very true, the car part and the energy part of the company are not "fake it until you make it scams". What makes Tesla a fake it until you make it scam is the fact that Tesla would not have sold nearly as many of its cars and possibly even megapacks without the lies that have been perpetuated about Tesla to help pump it. Its valuation would be nowhere near what it is or peaked at and thus fewer investors could have purchased so many Teslas. Elon Musk would not be worth the over hundred billions hes worth, without the misleading claims, mostly by Mr Musk, about Teslas FSD software and what could be achieved by it in a rather short period of time. Reality is that true full self driving is decades away if ever achieved; i lean toward never because of natural phenomena that should make it impossible to safely achieve.
Its possible that Tesla produces a few robotaxis and tests them in cities like Cruise and Waymo do, but this would be just part of said fake it until it makes it scam as the underlying software is NOT safe for true full self driving. Thus, I'd expect Tesla to experience the same setbacks those companies have in the cities they operate in, struggle with expanding to other cities, or even continue to operate in the cities they are allowed to be in . In other-words, it will not achieve true self driving robotaxi network. At least its finally going to try and put the public at greater risk at the same time.

What constitutes a fake it until you make it scam?

it was arguably a referendum on “fake it till you make it” practices, such as intentionally overstating, and thereby misrepresenting, a fledgling company’s current capabilities, success, or profitability, while banking on the notion that its aspirations will eventually follow the desired trajectory and become a reality.

Is that not exactly what Elon Musk did when he made a series of promises 8 years ago that helped Tesla drive its valuation, sell more vehicles, and net him billions in gains via his enormous share count? This scheme was so successful that sales grew in part because a lot of people invested in TSLA, used their gains to buy 1 or more of Teslas vehicles; some of which then sold them for profit on the secondary market because of all the hype around Tesla coupled with shortage in supply. Without said fake it until you make it scam, Tesla and the greater EV market would likely be on its last breath; at least in the US and Europe.

Elon Musk’s Big Lie About Tesla Is Finally Exposed

Not long before the pandemic reared its ugly head, the brilliant, serial entrepreneur Elon Musk promised to roll out an Uber-like service enabled by self-driving Tesla vehicles. According to Musk, Tesla owners could expect to earn up to $30,000 per year in extra cash by lending their Teslas out to anyone in need of a ride. Owners and customers would transact on the “Tesla network.”

This self-driving technology already exists. At this point, the network can go live very soon, opening the world to an exciting new way to make money while you sleep.

Back in 2016, Elon Musk claimed that Tesla cars could “drive autonomously with greater safety than a person. Right now.” It was a lie, one that sent Tesla’s stock price soaring — and made Musk among the wealthiest people on the planet. That lie is now falling apart in the face of a new recall of 2 million Teslas. It’s also revealing to the broader public what close observers of Tesla have always known (and the company itself admits in the fine print of its legal agreements): Tesla’s so-called “self driving” technology works fine — as long as there’s a human behind the wheel, alert at all times.

Article fails to include that sales of Tesla vehicles would be nowhere near what Tesla has sold to date without these lies.

By this time Musk had MCed numerous stock price-spiking hype events around the technology, and had been collecting deposits from customers since late 2016 for a “Full Self-Driving” version of the technology. Despite the reported deaths and clear evidence that the only video of a driverless Tesla was heavily staged, even Musk admits that his hype around self-driving technology has been the central factor in the recent growth of his wealth to titanic proportions.

BYD thoughts of Self driving technology

“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.

Quote Sources:
https://corpgov.law.harvard.edu/2022/01/30/theranos-the-limits-of-the-fake-it-till-you-make-it-strategy/\
https://incomecraze.medium.com/make-passive-income-with-teslas-robotaxi-network-80bfca249c56
https://www.rollingstone.com/culture/culture-commentary/elon-musk-tesla-crash-1234930544/
https://www.cnbc.com/2023/04/19/chinese-ev-giant-byd-self-driving-tech-better-for-factories-than-cars.html

[georgejjl]

Tesla Is in Talks To Produce Electric Vans in Italy According to Report

https://www.notateslaapp.com/news/1971/tesla-is-in-talks-to-produce-electric-vans-in-italy-according-to-report

Good luck and GOD bless,

[georgejjl]

Tesla Vehicle Safety Report

Millions of miles driven before an accident occurs for Tesla vehicles using Autopilot technology

https://www.tesla.com/VehicleSafetyReport

Good luck and GOD bless,

[georgejjl]

Tesla is planning a 200+ stall Supercharger site in Florida

https://www.teslarati.com/tesla-200-supercharger-florida/

Good luck and GOD bless,

[georgejjl]

Over 1,000 Tesla owners host largest light show yet in South Korea

https://www.teslarati.com/tesla-owners-light-show-korea/

Good luck and GOD bless,

[JJ8]

Mark Zuckerberg now richer than Elon Musk for first time since 2020.

Is he trying to insult Elon Musk?

Not such a good idea if that is the case.

[boston745]

Hertz's Mega Tesla Gamble Backfired Due To Sky-High Repair Costs, Unusually High Accident Rates And Customers' Charging Anxiety, Report Reveals

Electric vehicles presented additional challenges. Hertz’s Teslas got into accidents four times more often than the company’s other vehicles because “newbie Tesla drivers who were not used to the car's instantaneous acceleration and immediate braking,” leading to skyrocketing repair bills.

Replacing a Tesla’s radar assembly for its Autopilot system can reportedly cost a staggering $1,500, with calibration pushing the total to $3,000. In 2023, Hertz reported the cost of operating its vehicles was $5.5 billion, up 13% from the previous year and 39% from 2021, partly because of collision and damage.

Compounding these issues was a lack of readily available charging infrastructure and customer hesitancy towards unfamiliar electric vehicles. As Rudy Gardner, president of Teamsters Local 922 representing Hertz workers in Washington, noted, “People didn’t want to charge them. At the end of the night, that’s all we had left, so they’d go to Avis.”

Hertz is now offloading most of its Teslas at bumper discounts and refocusing on gas-powered vehicles. A new CEO with operational expertise is at the helm, tasked with steering the company back on track. While some aspects of the original plan, like Uber rentals and Carvana sales, proved successful, Hertz is far from the “mobile future” leader it envisioned, as per the report.

Hertz’s electric gamble serves as a cautionary tale for companies seeking rapid EV adoption – a well-defined strategy that considers both ambition and operational realities is crucial for success.

This could be another reason for Tesla opting not to produce the "model 2". Until recently, most of the buyers were savvy enough to operate the Teslas. However, EVs do have a bit of a learning curve in addition to their propensity for glitching and thus are more apt to get into accidents as Hertz shows. That means accidents will skyrocket if Tesla sells its vehicles to the masses. Itd be one thing if these would just be solo accidents, but they will inevitably involve other people, vehicles, and structures.

https://www.benzinga.com/markets/equities/24/04/38107547/hertzs-mega-tesla-gamble-backfired-due-to-sky-high-repair-costs-unusually-high-accident-rates-an


========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

[chklingon]

No, it is planned.....All the insiders are in on it.

[georgejjl]

Tesla FSD fleet passes 1 billion-mile milestone

"...BySimon AlvarezPosted on April 6, 2024
Tesla Full Self-Driving (FSD) users have passed a significant milestone. As per the electric vehicle maker, Tesla drivers have driven over 1 billion miles on FSD. That’s a cumulative number of miles that exceeds the distance between the Earth and Saturn.

Tesla announced the FSD milestone on its Tesla AI official social media account on X, with the company also providing a graph showing the cumulative miles driven by FSD users over the years. A graph shared by the electric vehicle maker hints that a big ramp in cumulative FSD miles was achieved in recent months. This is no surprise considering the rollout of popular updates like FSD V12...."

https://www.teslarati.com/tesla-fsd-fleet-passes-1-billion-mile-milestone/

Good luck and GOD bless.

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 133,975 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | April 5, 2024

• athie Wood and Ark Invest's trade activity from today 4/5.



Read Full Story »»»

DiscoverGold

[boston745]

Must be something to this if la-tsla-fan is spamming the board.

The decision represents an abandonment of a longstanding goal that Tesla(TSLA.O), opens new tab chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first “master plan”, opens new tab for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a “low cost family car.”

This is likely what Musk was saying Reuters was "lying about" as the Model 3 & maybe Y qualify as low cost family cars. The model 2 was more a commuter car.

Separately Musk is going to showcase a working model of its Robotaxi, whoop de do. The only problem there is the software isnt ready to run it. Nor will Tesla have regulatory clearance to operate it outside of maybe a few locations. More important than Tesla building a vehicle, because we already know it can do that, is Tesla moves FSD to SAE 3 instead of 2 so it'll take liability for the mistakes FSD makes. I dont see that happening though. Seems like a stunt to help pump the stock and resist claims Tesla is a fake it until it makes it scam.


https://www.sae.org/binaries/content/gallery/cm/content/news/sae-blog/j3016graphic_2021.png

=======================================

Tesla is a fake it until it makes it scam
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174162711

[la-tsla-fan]

Obviously somebody was forewarned about the Reuters story…

[la-tsla-fan]

The parabolic rise would have continued were it not for the debunked Reuters story.
I am curious to see how Reuters will report the unveiling…

[la-tsla-fan]

Cant wait!

[la-tsla-fan]

Exactly. That is the last time I will believe anything posted by Reuters.

[la-tsla-fan]

What I love about techs like you is that you think charts can explain EVERYTHING !!

[la-tsla-fan]

I agree. Is there any way to hold the journalist and Reuters responsible for the story?

[boston745]

OK, so Musk is going to showcase a working model, whoop d do. The only problem there is the software isnt ready to run it. Nor will Tesla have regulatory clearance to operate it outside of maybe a few locations. More important than Tesla building a vehicle, because we already know it can do that, is Tesla moves FSD to SAE 3 instead of 2 so it'll take liability for the mistakes FSD makes. I dont see that happening though.

[georgejjl]

Musk Says Tesla Will Unveil Long-Promised Robotaxi on Aug. 8

https://finance.yahoo.com/news/musk-says-tesla-unveil-robotaxi-210231272.html

Good luck and GOD bless,

[boston745]

No he didnt, all he said was Reuters was lying but he didnt specify what they were lying about.

The decision represents an abandonment of a longstanding goal that Tesla(TSLA.O), opens new tab chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first “master plan”, opens new tab for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a “low cost family car.”

This is likely what Musk was saying Reuters was "lying about" as the Model 3 & maybe Y qualify as low cost family cars. The model 2 was more a commuter car.


=======================================

In a previous post i claimed that "Tesla = fake it until you make it scam". In other posts ive claimed that Tesla is a bigger scam than what Theranos was. People will say it sells cars, its cant be a scam. Very true, the car part and the energy part of the company are not "fake it until you make it scams". What makes Tesla a fake it until you make it scam is the fact that Tesla would not have sold nearly as many of its cars and possibly even megapacks without the lies that have been perpetuated about Tesla to help pump it. Its valuation would be nowhere near what it is or peaked at. Elon Musk would not be worth the over hundred billions hes worth, without the misleading claims, mostly by Mr Musk, about Teslas FSD software and what could be achieved by it in a rather short period of time. Reality is that true full self driving is decades away if ever achieved; i lean toward never because of natural phenomena that should make it impossible to safely achieve.
Its therotically possible that Tesla produces a few robotaxis and tests them in cities like Cruise and Waymo. That said, I expect Tesla to experience the same setbacks those companies have in the cities they operate in, struggle with expanding to other cities, or even continue to operate in the cities they are allowed to be in . In otherwords, it will not achieve true self driving robotaxi network.

What constitutes a fake it until you make it scam?

it was arguably a referendum on “fake it till you make it” practices, such as intentionally overstating, and thereby misrepresenting, a fledgling company’s current capabilities, success, or profitability, while banking on the notion that its aspirations will eventually follow the desired trajectory and become a reality.

Is that not exactly what Elon Musk did when he made a series of promises 8 years ago that helped Tesla drive its valuation, sell more vehicles, and net him billions in gains via his enormous share count? This scheme was so successful that sales grew in part because a lot of people invested in TSLA, used their gains to buy 1 or more of Teslas vehicles; some of which then sold them for profit on the secondary market because of all the hype around Tesla coupled with shortage in supply. Without said fake it until you make it scam, Tesla and the greater EV market would likely be on its last breath; at least in the US and Europe.

Elon Musk’s Big Lie About Tesla Is Finally Exposed

Not long before the pandemic reared its ugly head, the brilliant, serial entrepreneur Elon Musk promised to roll out an Uber-like service enabled by self-driving Tesla vehicles. According to Musk, Tesla owners could expect to earn up to $30,000 per year in extra cash by lending their Teslas out to anyone in need of a ride. Owners and customers would transact on the “Tesla network.”

This self-driving technology already exists. At this point, the network can go live very soon, opening the world to an exciting new way to make money while you sleep.

Back in 2016, Elon Musk claimed that Tesla cars could “drive autonomously with greater safety than a person. Right now.” It was a lie, one that sent Tesla’s stock price soaring — and made Musk among the wealthiest people on the planet. That lie is now falling apart in the face of a new recall of 2 million Teslas. It’s also revealing to the broader public what close observers of Tesla have always known (and the company itself admits in the fine print of its legal agreements): Tesla’s so-called “self driving” technology works fine — as long as there’s a human behind the wheel, alert at all times.

Article fails to include that sales of Tesla vehicles would be nowhere near what Tesla has sold to date without these lies.

By this time Musk had MCed numerous stock price-spiking hype events around the technology, and had been collecting deposits from customers since late 2016 for a “Full Self-Driving” version of the technology. Despite the reported deaths and clear evidence that the only video of a driverless Tesla was heavily staged, even Musk admits that his hype around self-driving technology has been the central factor in the recent growth of his wealth to titanic proportions.

BYD thoughts of Self driving technology

“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.

Quote Sources:
https://corpgov.law.harvard.edu/2022/01/30/theranos-the-limits-of-the-fake-it-till-you-make-it-strategy/\
https://incomecraze.medium.com/make-passive-income-with-teslas-robotaxi-network-80bfca249c56
https://www.rollingstone.com/culture/culture-commentary/elon-musk-tesla-crash-1234930544/
https://www.cnbc.com/2023/04/19/chinese-ev-giant-byd-self-driving-tech-better-for-factories-than-cars.html

[georgejjl]

Tesla Model Y driver escapes frightening freak accident unscathed

Tesla driver talks about surviving Fort Lauderdale crane landing on his car.

https://www.teslarati.com/tesla-model-y-protects-passenger-freak-accident/

Good luck and GOD bless,

[georgejjl]

Elon Musk denies report claiming that Tesla has scrapped its affordable car

"...Elon Musk has denied a recent report from Reuters claiming that Tesla has scrapped its affordable car, which is expected to be priced at around $25,000...."

https://www.teslarati.com/elon-musk-denies-reuters-claims-tesla-scrapped-affordable-car/

Good luck and GOD bless,

[rolvram]

Elon Musk

@elonmusk
Tesla Robotaxi unveil on 8/8
4:49 PM · Apr 5, 2024
·
3.1M
Views

[rolvram]

The second half of the year will be unreal, probably see $1k, not kidding
Robotaxi
FSD
Optimus

[DailyX]

That was a perfect call!

[Agoura Guy]

WOMAN SUES TESLA FOR DANGEROUS EMF EFFECTS!!!!!!!

[boston745]

Until Tesla moves FSD to level 3 and doesnt require human supervision, unless prompted, FSD is nowhere near ready for truly autonomous functions. Its a humongous leap from SAE Level 2 to level 3 from a computing standpoint. If Tesla will not take liability for its software you know its not ready. Even if Tesla receives clearance in a couple years to test a few robotaxis in a few cities, its going to take years to decades before the core software is ready for even true geofenced level 4 capability. It does not mean FSD will be anything but level 2 for the general population. Regulations will not allow FSD to be used outside this limited scope for good reason as we see with Cruise and Waymo. Meaning even if a Robotaxi can be tested in San Fran, the local Teslas with FSD would likely still be level 2.

One possible reason for Tesla abandoning the model 2 is due to battery supply. Morgan Stanley analyst, i think it was, indicated that for Tesla to mass produce the Model 2 it'd need China to supply it batteries. Geopolitical tensions are eroding US and China relationship and thus Teslas access to China's market; there is pressure for Chinese consumers to stop buying US company products like Teslas. I fully anticipate China bringing Taiwan under its wing someday.

Huge leap from blue to green

https://www.sae.org/binaries/content/gallery/cm/content/news/sae-blog/j3016graphic_2021.png

=======================================

Tesla is a fake it until it makes it scam
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174162711

[JJ8]

I hope you are right. However, I don't know if that will happen. Bottom's are known after it happens and looking back in the charts. GLTY & GLTA

[rolvram]

I'm the contrarian and am calling a bottom right around here

[boston745]

The decision represents an abandonment of a longstanding goal that Tesla(TSLA.O), opens new tab chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first “master plan”, opens new tab for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a “low cost family car.”

This could be what Musk is actually accusing Reuters of "lying" about. Claiming that this decision is a deviation from Musks master plan in 2006 when Tesla did in fact manufacture luxury models first and then used those profits to develop a "low cost family car". You could say the 3 or Y are low cost family cars when they are sold, before credits, for less than 40k. Wasnt the model 2 supposed to be more of a commuter car than "family car"?

Anyways, that seems to be what Musk is actually calling out Reuters for lying about and Tesla is scrapping its Model 2.

Tesla can use the base platform for robotaxis but robotaxis requires level 4/5 FSD and FSD is only level 2 and is still causing accidents. So all Tesla can do is do trials of its robotaxi in cities (limited Level 4) autonomous.

https://www.reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/

=======================================

Tesla is a fake it until it makes it scam
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174162711

[boston745]

Elon Musk Denies Report Tesla Is Scrapping Less-Expensive Car

The stock fell as much as 6.2% on Friday after Reuters said Tesla had canceled the project, citing anonymous sources and company messages it had reviewed. Shares were down 1.3% as of 1 p.m. Friday in New York.

“Reuters is lying,” Musk wrote on X, without offering specifics. In another post, he responded with an eyes emoji to a Tesla investor who speculated that Tesla was shifting more resources toward trying to bring a robotaxi to market.

Just to interpret what has happened here, Musk says Reuters is lying in its article indicating Tesla has cancelled its less expensive vehicle. However Musk statement is too ambiguous. He doesnt specify what Reuters is lying about. Sort of like articles that indicate that FSD caused an accident and Musk says it was not FSD, turn out to be caused by autopilot. Musk need to specifically identify what Reuters is "lying" about in their article for us to know what they might be incorrect on.

Also, a "Tesla investor" speculated that Tesla was shifting resources to Robotaxis for which Musk replies with eyes emoji. That is not confirmation of anything and looks like Tesla is trying to distract from the fact its cancelling its plans on the less expensive vehicle, at least partially. Damage control, control the narrative.

https://finance.yahoo.com/news/elon-musk-denies-report-tesla-155442817.html

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Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

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Huge Tesla $TSLA Call Blocks Coming In
By: Cheddar Flow | April 5, 2024

• Huge $TSLA & $QQQ Call Blocks Coming In



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For Japan are estimated ~0.7k Tesla sales and 0.3% market share for March
By: Roland Pircher | April 5, 2024

• For Japan are estimated ~0.7k Tesla sales and 0.3% market share for March.

• Market share is 10 basis points or 48% above the 3-month trailing average of 0.2%
• Second best March ever
• 7th best quarter ever and -18% quarter-over-quarter
• Year-to-date -3% over same period last year
• Year-to-date is 25% or 3./12 of last year's total

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Belgium reported 3,121 Tesla sales and 7% market share for March
By: Roland Pircher | April 5, 2024

• Belgium reported 3,121 Tesla sales and 7% market share for March.

• Market share is 214 basis points or 44% above the 3-month trailing average of 4.8%
• Tesla 5th best-selling brand
• Best month ever with +2% vs. second best month
• Best quarter ever
• Year-to-date +62% over same period last year
• Year-to-date is 45% or 5.4/12 of last year's total

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Germany reported 3,878 Tesla sales and 1.5% market share for March
By: Roland Pircher | April 5, 2024

• Germany reported 3,878 Tesla sales and 1.5% market share for March.

• 8th best quarter ever and +6% quarter-over-quarter
• Year-to-date -37% over same period last year
• Year-to-date is 21% or 2.5/12 of last year's total

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