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Tesla to possibly acquire VELO 3D ?
Elon Musk has personally invested in, wanted to buy and is the sole provider of spaceX engines.
"Elon wanted to buy Velo3D, they didn't want to sell, so we had an opportunity to take them public," Sternlicht said in a CNBC interview.
The SPAC Of Elon Musk-Led SpaceX's Partner Velo3D Is Down 8.6% This Year And Cathie Wood Sees
Cathie Wood-led Ark Invest has been continuously piling up a stake in Jaws Spitfire Acquisition Corp (NYSE:SPFR) this year. The special purpose acquisition company is set to take a partner of Elon Musk-led SpaceX public.
Ark Invest has piled up a total of 3.75 million shares — worth $37.54 million — as of Friday’s trades.
Shares of the company, backed by tennis player Serena Williams and founded by billionaire Barry Sternlicht— the chairman of Miami-based investment firm Starwood Capital Group— have fallen 8.6% at $9.99 so far this year.
Jaws Spitfire is expected to take 3D printing company Velo3D public later this year, which is expected to list under the "VLD" ticker on the New York Stock Exchange.
Velo3D is a 3D printer supplier for SpaceX, the space exploration company led by Musk, who also heads Tesla Inc (NASDAQ:TSLA).
Is Elon Musk in secret talks to be buying the only company in the world that is able to manufacture spaceX rocket engines?
Will Tesla be using VELO 3D technology to manufacture all Tesla EV cars in a fraction of the time and increase they're profit margins by another 50%?
SiNtx is aware of these issues and has decided to use higher concentrations of Nitride-embedded into there fabrics to inactivate SAR-CoV-2 virus.
Problem is, this doesn't prevent issues from impacting past sales of defective products, thus putting every current owner and innocent bystandards at risk.
What else can one conclude other SiNtx Technologies is very much aware of the SEC investigation into its fraudulent claims and is trying to mitigate the problem by a potential solution via higher concentrations of Nitride ?
Nitride embeded fabrics sold not showing the same results as those obtained during laboratory testing. End-user products containing silicon nitride may or may not show the same properties as the material itself. There for not being effective against inactivating SAR-CoV-2 virus cases in real world applications.
It's not outlandish its fact !
I am not here to provide information for others. That is my hard work. How ever know this, it is fact that Elon Musk is personal invested in VLD financially.
It has been confirmed by the founders of the IPO, Elon Musk and by the CEO of VLD.
There is also mention that prior to taking star-Link public, Elon Musk might merge VLD into SpaceX.
There is a master plan in the works with VLD for which many hints have been dropped by the CEO.
Once you have connected the dots, you will see you are witnessing the birth of another Tesla. Amazon, Microsoft in the genesis.
There is too much information and Links to be provided. Best you do your own due diligence and come up with your own conclusions.
I have spent 8 months researching the company and its technology.
Just remember SpaceX would not exist with out VLD. Elon musk wanted to buy them out and the CEO of VLD said no because it would be worth a-lot more.
Then consider the fact the CEO of VLD stated they will achieve 10% of close to a 1 trillion market by 2030. That would put a share price of $2000.00 on the stock by 2030.
https://www.businessinsider.com/elon-musk-plans-1-million-people-to-mars-by-2050-2020-1
Also remover the company is growing at a faster rate than expected during a pandemic, recession, war and inflation. Hitting profitability by 2023 and becoming the largest no support printing company in 2022 in the world.
The company also follows Peter thiel and Elon Musk philosophy of having a moat, and no competition.
Elon Musk head of SpaceX engineering said VLD is 5 years ahead of everyone.
If you do some research you will see not only can it be true but very possible.
VELO 3D is backed by Elon Musk and has a moat like Palantir, Tesla, SpaceX.
No competitors ! and life changing technology.
Elon Musk said he would need to purchase 10,000 VLD machines in 2025 at a value of 60 billion for SpaceX and his mission to colonize mars.
SpaceX is just one customer ! at a 100 billion valuation by 2030 your looking at a $2000 stock.
The CEO said they are the worlds largest non support printer in the world and by 2030 will have 10% of a trillion dollar market in 10 years.
That is over a $2000.00 a stock if you believe the CEO and Elon Musk
This quote is absolutely hilarious ! LMAO
Tesla is aware of these issues and has decided to use steel to help shield against these low frequency electromagnetic interference coming from the earth's surface during these geomagnetic events. Problem is, this doesnt prevent EMI issues from impacting its S3XY mobiles and thus putting every current owner, and innocent bystanders, at risk.
California, United States — The Dawn Project has received a cease-and-desist letter, claiming that the their ad campaign showcasing a Tesla in “Full Self-Driving” mode running over a cardboard child was misinforming and threatened the company’s business interests.
The letter dated Aug. 11 claims that the Dawn Project’s testing was “seriously deceptive and likely fraudulent.” It also demands that Dan O’Dowd, CEO of the Dawn Project withdraw its anti-Tesla advertisements, videos and publicly retract its defamatory statements against the OEM.
This is the latest development in the battle over the safety of Tesla’s Full Self Driving (FSD) beta, after Dan O’Dowd claimed that FSDs “ruthlessly mow(ed) down a child mannequin wearing a safety vest in a real school crosswalk.”
While Collision Repair Magazine was not able to independently verify the accuracy of the Dawn Project’s video, we confirmed that Dan O’Dowd is a potential competitor to Tesla in the autonomous vehicle market.
Other outlets have provided breakdowns of the warning messages in the video, and highlight discrepancies that suggests possible driver intervention forcing the vehicle into the mannequin.
However, several of these breakdowns came from Tesla-affiliated influencers and newsrooms. These were cited by Tesla as proof of “swift and public rebukes from multiple sources.”
Collision Repair Magazine was not able unable to independently verify the accuracy of these rebuttal videos, but confirm that several of these sources have ties to the electric vehicle manufacturer.
SEC investigating SiNtx Technologies CEO with Misleading Investors about benefits of their technology.
The Securities and Exchange Commission today announced it is investigating SiNtx Technologies Chief Executive Officer Dr. Sonny Ball with misleading investors on the applications and scope of their patent technologies.
"We allege that the defendants engaged in an age-old fraud—lying about their business prospects—to capitalize opportunistically on the COVID pandemic," said SEC Chair Gary Gensler. "As the challenges from the pandemic continue, investors should be vigilant about COVID-related claims. The SEC will continue to root out fraud and prosecute those who attempt to use the surge of uncertainty from the pandemic to defraud the investing public."
Well said 100% possible !
Possible roadmap for VLD doubling every year
2022= 10.00
2023= 20.00
2024= 40.00
2025= 80,00
2026= 160.00
2027= 320.00
2028= 640.00
2029= 1280.00
2030= 2560.00
SiNtx Technologies partnership with VLD is happening !
Ascendiant Capital Markets LLC (“Ascendiant”) announced today the completion of a partnership agreement between SINTX Technologies, Inc. (Nasdaq: SINT) of Salt Lake City, Utah, and VELO 3D (VLD).
Tesla to possibly acquire VELO 3D ?
Elon Musk has personally invested in, wanted to buy and is the sole provider of spaceX engines.
"Elon wanted to buy Velo3D, they didn't want to sell, so we had an opportunity to take them public," Sternlicht said in a CNBC interview.
The SPAC Of Elon Musk-Led SpaceX's Partner Velo3D Is Down 8.6% This Year And Cathie Wood Sees
Cathie Wood-led Ark Invest has been continuously piling up a stake in Jaws Spitfire Acquisition Corp (NYSE:SPFR) this year. The special purpose acquisition company is set to take a partner of Elon Musk-led SpaceX public.
Ark Invest has piled up a total of 3.75 million shares — worth $37.54 million — as of Friday’s trades.
Shares of the company, backed by tennis player Serena Williams and founded by billionaire Barry Sternlicht— the chairman of Miami-based investment firm Starwood Capital Group— have fallen 8.6% at $9.99 so far this year.
Jaws Spitfire is expected to take 3D printing company Velo3D public later this year, which is expected to list under the "VLD" ticker on the New York Stock Exchange.
Velo3D is a 3D printer supplier for SpaceX, the space exploration company led by Musk, who also heads Tesla Inc (NASDAQ:TSLA).
Is Elon Musk in secret talks to be buying the only company in the world that is able to manufacture spaceX rocket engines?
Will Tesla be using VELO 3D technology to manufacture all Tesla EV cars in a fraction of the time and increase they're profit margins by another 50%?
SiNtx Technologies possible liquidation.
SINTX Technologies is looking at liquidating some of its assets in a last minute attempt to keep the company from filings chapter 13 bankruptcy. CNBC news reported the company has reached out to its competitors SomaLogic, Tandem Diabetes Care, and Nano Precision Medical for financial help.
SINTX Technologies only has enough funding to last another 6 months before the company calls it quits after 25 years in business with no profits and meagre sales.
Bill McCombe, CFO of Velo3d: So, we’ve estimated the size of the market of high value metal parts at about a 100 Billion dollars. That represents those parts where the cost of fabrication represents 10 X the cost of the L & E value of the metal. So if the fabrication cost is 10 X the actual cost of the physical metal, that defines a high level of complexity. So if you look across industries like energy, aerospace, and so on and so forth, there are a number of different ways you can do it but you come to about a 100 Billion dollar global market value. At this point in time, only 1 or 2% of that 100 Billion dollars, is printed thru 3D printing. The rest of it, the other 98, 99%, is produced by casting and forging and then taking those parts and welding and brazing them together. It’s a very different manufacturing process. The lead times are much longer, they can be 12 to 18 months…whereas the lead time for 3D printing, you know, if you have the printer, it’s 2 days.
Someone took advantage of the 9.4% decline in the pps yesterday...and purchased a large number (inordinate quantity for this stock) of $5 call options that expire on November 18th.
2002 contracts were sold, which covers 200,200 shares. At the last price of 50 cents per share (what the buyer paid for each share, 100 shares per contract)...the cost to the buyer or buyers was $100,100 plus brokerage fees.
So....the strike price of those calls is $5.00 and the buyer paid 50 cents a share for the right to buy the stock at $5 a share, until the expiration date of the option contract...November 18th.
If the call contracts are held until expiration, the price per share on November 18th would have to be greater than $5.50, in order for the buyer or buyers to recover the 50 cents a share they paid for the options...and the brokerage fees paid for the trade(s).
Don't know for sure, but IMO, the buyer (I think a large portion ((if not all) of those calls were purchased by a single buyer) is likely someone with positive inside info, as opposed to someone that decided to gamble $100,000 + on a relatively short term (2.5 months) option, given this lousy market.
Note that the release of 3rd Qtr Earnings / Company Update....will take place before the November 18th expiration of those $5 call contracts.
This Quote is hilarious !
Its now being claimed in media electromagnetic interference is causing Teslas to drive on their own without driver input.
California, United States — The Dawn Project has received a cease-and-desist letter, claiming that the their ad campaign showcasing a Tesla in “Full Self-Driving” mode running over a cardboard child was misinforming and threatened the company’s business interests.
The letter dated Aug. 11 claims that the Dawn Project’s testing was “seriously deceptive and likely fraudulent.” It also demands that Dan O’Dowd, CEO of the Dawn Project withdraw its anti-Tesla advertisements, videos and publicly retract its defamatory statements against the OEM.
This is the latest development in the battle over the safety of Tesla’s Full Self Driving (FSD) beta, after Dan O’Dowd claimed that FSDs “ruthlessly mow(ed) down a child mannequin wearing a safety vest in a real school crosswalk.”
While Collision Repair Magazine was not able to independently verify the accuracy of the Dawn Project’s video, we confirmed that Dan O’Dowd is a potential competitor to Tesla in the autonomous vehicle market.
Other outlets have provided breakdowns of the warning messages in the video, and highlight discrepancies that suggests possible driver intervention forcing the vehicle into the mannequin.
However, several of these breakdowns came from Tesla-affiliated influencers and newsrooms. These were cited by Tesla as proof of “swift and public rebukes from multiple sources.”
Collision Repair Magazine was not able unable to independently verify the accuracy of these rebuttal videos, but confirm that several of these sources have ties to the electric vehicle manufacturer.
SEC investigating SiNtx Technologies CEO with Misleading Investors about benefits of their technology.
The Securities and Exchange Commission today announced it is investigating SiNtx Technologies Chief Executive Officer Dr. Sonny Ball with misleading investors on the applications and scope of their patent technologies.
"We allege that the defendants engaged in an age-old fraud—lying about their business prospects—to capitalize opportunistically on the COVID pandemic," said SEC Chair Gary Gensler. "As the challenges from the pandemic continue, investors should be vigilant about COVID-related claims. The SEC will continue to root out fraud and prosecute those who attempt to use the surge of uncertainty from the pandemic to defraud the investing public."
VLD secures order for 100s of more machines as SpaceX gets $1.4 billion contract for five more NASA astronaut launches.
SpaceX's partnership with VLD and NASA and just got $1.4 billion sweeter, as the space agency announced Wednesday that it's extending its deal with the company to cover five additional missions.
The contract cements a long future for SpaceX and NASA as they work together to launch astronauts to and from the International Space Station. The newly contracted launches extend their partnership through 2030 and bring the total contract value to nearly $5 billion for 14 fully operational astronaut missions.
SpaceX and NASA first inked a deal in 2014. At the time, it covered six such astronaut launches and was valued at $2.6 billion. A crewed demonstration mission
— which marked the first astronaut launch to take off from US soil since NASA's Space Shuttle program was retired — went off in 2020. And SpaceX has handled routine launches since, with its fifth fully operational mission slated to take off this fall.
This deal also builds on a contract extension NASA gave SpaceX in February for three additional flights of the company's Crew Dragon spacecraft, and the space agency had already signaled in June that intended to sign on for even more.
"In December 2021, NASA announced the extension of the International Space Station to 2030," the space agency wrote in a blog post at the time. "With this extension, there is a need for additional crew rotation missions to sustain a safe and sustainable flight cadence throughout the remainder of the space station's planned operations."
Why VLD is the next TESLA !
I frequently look at other growth companies to see if there's any compelling opportunities. Everytime there's something about the stock/business that makes me think, "not as good as velo3d" usually it's competition and valuation. If you believe in velo3d's estimates, it's hard to find an investment with more potential. And when you understand the tech and the story, you realize it isn't even that risky. The risk to reward ratio is unmatched imo.
SiNtx Technologies reports decreasing revenues and dwindling cash reserves !
SINTX Bankruptcy possible imminent !
Since SiNtx Technologies public debut in August 2017, its earnings reports have shown a company that burns through dwindling cash reserves, doesn’t pull in enough revenue to make up for its high costs of operations and keeps pivoting away from core operations into new, and sometimes strange, business units.
Having been in business for over 25 years the stock appears to be funded by government grants and loans with no prospect of any future revenue growth. Non of there patents are protected and have any worth as they can be copied by anyone. We strongly advise investors to stay away from this company as it seems like it will close up shop anyway and declare bankruptcy. The stock is currently being delisted and will have to reverse split and dilute shareholders to remain active. Not a god sign for investors and possible dissolution of company.
VLD is a long term play that will 200X your money to those that are patent investors.
If you're looking at satisfying your urge for action, get a girlfriend !
Velo3D reports +160% year on year growth in Q2 2022
Full year revenue guidance remains at $89 million, on track to become the largest public metal AM hardware company.
Velo3D, Inc. (NYSE: VLD), a leading additive manufacturing technology company for mission-critical metal parts, continues on its rapid ascent, pulling the metal AM industry and many key adopters along for the ride. As confirmed by financial results for the Velo 3D Q2 2022, sales amounted to $19.6 million, an increase of 60% compared to the first quarter of 2022 and more than 160% year over year.
“Our tremendous success in providing our customers with the industry-leading additive manufacturing solutions they need is reflected in our revenue growth, increasing more than 15 fold since the first quarter of 2021,” said Benny Buller, CEO of Velo3D. “We have accomplished this while the revenue of our peers has been relatively flat over the same period. As a result, given the expected strength of our business in the second half of the year, it is possible that we will be the industry leader in metal additive manufacturing as we exit 2022, quicker than even we anticipated.”
The improvement in revenue for the Velo3D Q2 2022 was primarily driven by a more favorable mix of Sapphire XC system sales resulting in an increase in average selling price. Recurring revenue was in line with forecasts and is expected to increase in the second half of 2022 due to the higher number of systems in the field.
“Demand for our industry-leading Sapphire family of systems remains high as we booked $18 million in new orders during the quarter and exited the quarter with $55 million in total backlog. As a result of this strong demand, we now have significant visibility in achieving our revenue guidance this year as more than 95% of our 2022 revenue forecast is now either recognized, booked or recurring revenue. We also expanded our product leadership during the quarter with the recent launch of our Sapphire XC 1MZ. With part sizes up to 10 cubic feet, we believe this is the world’s largest commercially available metal powder bed fusion production system with initial customer shipments commencing this quarter,” continued Buller.
Velo3D Q2 2022 revenues grow by +160% year on year as full year revenue guidance remains set at $89 million with strong order backlog
VELO3D’s Sapphire XC printer
Gross margin for the quarter was 6% and continues to reflect the impact of launch customer pricing for the company’s Sapphire XC systems shipped during the quarter as well as elevated overhead absorption and bill of materials costs as the company scales its manufacturing operations. While the company’s gross margin for the second quarter was in line with expectations, ongoing supply chain challenges have changed the timing of certain forecasted cost reduction benefits that will impact gross margin in the second half of the year. Bill of material cost savings which were anticipated for the second half of 2022, is now expected to be delayed until the first half of 2023 as the company reduces pre-purchased, higher-cost inventory acquired in the first half of 2022 to offset ongoing component shortages and delivery delays. Additionally, these challenges will impact the delivery schedule of its remaining launch customer systems with certain shipments shifting to the third and fourth quarters resulting in more gross margin impact in those quarters than initially forecasted. The company continues to expect its per unit labor and overhead costs to be in line with its plan due to its manufacturing scale-up. As a result, the company now expects its third-quarter gross margin to be in line with its second-quarter gross margin and fourth-quarter 2022 gross margin to be in the range of 11% to 14%.
“Looking forward, given our first half execution, strong second-quarter bookings, revenue visibility through our backlog and the further scaling of Sapphire XC production, we are very confident in our ability to meet our 2022 revenue guidance of $89 million,” concluded Buller.
Operating expenses for the quarter declined slightly to $27.5 million, primarily as a result of lower general and administrative costs partially offset by higher sales and marketing expenses to fund the company’s global expansion plans. Non-GAAP operating expenses, which excluded stock-based compensation expense of $5.0 million, was $22.5 million.
Net income for the quarter was $128 million and reflected a gain of $154 million on the fair value of warrants and contingent liabilities. Non-GAAP net loss, which excludes the gain on fair value of warrants and contingent earnout liabilities as well as stock-based compensation, was $21.0 million. Adjusted EBITDA for the quarter, excluding the same metrics, was a loss of $19.8 million. For more information regarding the company’s non-GAAP financial measures, see “Non-GAAP Financial Information” below.
The company ended the quarter with a strong balance sheet with $142 million in cash and investments. As a result, the company believes it has the liquidity for ongoing technology investments as well as providing the resources needed to fund its growth plans. The company’s business continues to evolve due to new product introductions and changing customer demand trends, with $18 million in new orders booked in the second quarter and a total backlog of $55 million. More than 95% of the company’s 2022 sales forecast is either recognized, booked or expected recurring revenue. Velo3D is observing significantly higher average selling prices due to increased Sapphire XC product demand which is expected to offset a lower than forecasted unit count. The company expects to continue to see a material shift in mix towards higher recurring purchasing rates from existing customers for 2022 than in the initial model.
Taking all these aspected into account, for the fiscal year 2022, Velo3D is reiterating its previous revenue guidance of $89 million.
From nuclear power to 5G, some of our most pervasive technologies have led to conspiracy theories about radiation.
From unfounded global theories linking 5G technology and Covid-19, to widespread panics about nuclear exposure, radiation scares have been with us for more than a century. The term radiophobia was first used in the U.S. in the early 1900s. In the following century, fresh anxieties have accompanied the release of new innovations, including radio broadcasts, microwave ovens and power lines.
“We are more afraid of risks that we can’t see,” said David Ropeik, an author and risk perception and communication consultant who has written extensively about the subject. “That’s a lack of control. That’s an awful lot of emotional baggage that radiation has to deal with.”
While events such as the Cold War nuclear arms race and the Chernobyl disaster did much to stoke widespread panic, scientists have long confirmed that low-level radio waves pose little risk to our health. However, bad science and conspiracy theories have continued to swirl around what many still believe to be an invisible enemy. Here are just a few examples.
Ever since their introduction in the 1940s, microwave ovens have been the source of scientifically dubious fears. First intended for commercial catering, they made cooking faster and easier, but many considered them hazardous to health. Some opponents said they would remove nutrients from food or render it radioactive. Many believed that they would cause cancer.
In 1968, the U.S. Food and Drug Administration’s Bureau of Radiological Health authorized the Radiation Control for Health and Safety Act, which established safe radiation exposure limits. It turned out that early microwave ovens exceed its figures, but manufacturers acted quickly to fall in line with the new rules.
Still, the worries persisted. In 1998 the Journal of Natural Science, published by the World Foundation of Natural Science — an international -faith-based organization that has recently promoted dubious ideas about 5G and Covid-19 — ran an article based on the now-discredited studies of a Swiss biologist named Hans Hertel. “One day the world will wake up to the fact that microwaves do cause cancer, and are even worse than cigarettes. Microwaved food causes a slow death,” it read.
While concerns about radiation and food safety remain, the World Health Organization has said that, used according to manufacturers’ instructions, microwave ovens are safe for cooking. “The design of microwave ovens ensures that the microwaves are contained within the oven and can only be present when the oven is switched on and the door is shut,” stated a 2005 report.
In the first half of the 20th century, radiation was mostly viewed as a force for good. The use of radium in the treatment of cancer received glowing media coverage, as did the medical use of X-rays.
The atomic bombings of Hiroshima and Nagasaki by U.S. forces in 1945 changed everything. Over the following decades, serious incidents intensified global concern about the threat of nuclear radiation. In 1954, the Castle Bravo test saw the U.S. detonate a 15 megaton thermonuclear device on Bikini Atoll in the Marshall Islands. A miscalculation of the bomb’s yield led to radiation spreading much further than expected. Twenty-three crew members of a nearby Japanese fishing ship suffered acute radiation sickness, and one of them later died from complications linked to the explosion.
Such events had a detrimental effect on attitudes to nuclear power. Growing concerns about the safety of the technology became a devastating reality in 1986, when a reactor exploded at a nuclear power plant near the city of Chernobyl, Ukraine. Dozens died from direct radiation exposure and thousands more suffered from related illnesses. An official coverup of the incident and its implications only added to rising anti-nuclear sentiment.
While the conversation about the safety of nuclear power continues, some environmentalists now believe it to be a valuable energy source that can help to reduce climate-altering emissions.
In the 1980s, concern began to spread that overhead power lines were responsible for increased incidences of leukemia in children across the U.S. Research carried out in 1979 by the epidemiologist David Savitz highlighted a group of young cancer patients in Denver, Colorado, and suggested that children who lived near electricity pylons were twice as likely to develop the condition as those who didn’t.
Years later, Savitz clarified his findings and said the importance of his study had been diminished by subsequent research. “The line of logic was that these fields are very common. And that the logical prediction would be that this would be a major public health problem. And that was simply wrong,” he told the New York Times in 2014.
While there is still no confirmed link between power lines and cancer in children, the concerns have continued to manifest themselves in other ways. More recent reports show that living close to electricity pylons can negatively affect real estate prices.
In 1973, Martin Cooper, an executive at Motorola, made the world’s first call with a prototype mobile telephone. Ten years later, the technology became available to the general public. Now, about 3.6 billion people — or 45% of the world’s population — regularly use a smartphone. However, the belief that cellular technology is detrimental to health has long been widespread.
One major driver of fears emerged in 1993 when David Reynard from Madeira Beach in Florida went on the CNN talk show Larry King Live and said his wife had died from a brain tumor because of radiation from her cell phone. Reynard sued the manufacturer, NEC America, but the case was later dismissed because, according to the judge, the claim lacked substantial scientific research.
Although health authorities around the world maintain that radiation levels from cell phones are so low as to be completely safe, producers of “anti-radiation” devices have sought to monetize public health fears. In the early 2000s, cell phone radiation shields appeared on the market, alongside phone cases that promised to neutralize allegedly harmful emissions. Global studies have found no evidence that they provide any protection, and the Consumer Protection Agency of the United States and the Federal Trade Commission has warned people against buying them.
Opponents believe that new 5G cellular networks cause cancer, damage the environment and blight the lives of individuals who suffer from “electromagnetic hypersensitivity.” While EHS is not a recognized medical condition, large numbers of people say that the technology is directly responsible for a variety of symptoms, including headaches, nausea, dizziness and chronic fatigue.
The rollout of 5G also coincided with the start of the coronavirus pandemic in 2020. Accordingly, theories linking it to Covid-19 have proliferated around the world. Some assert that 5G frequencies have helped transmit the virus, while others say that they weaken the human immune system, rendering people vulnerable to infection.
The anti-5G lobby has brought together conspiracy theorists, fringe scientists, populist politicians, environmental activists and a number of celebrities. Their ideas have spread across Twitter, Facebook, YouTube and WhatsApp. Throughout the pandemic, activists have taken part in anti-lockdown protests and set fire to 5G communications masts across Europe, New Zealand and Australia.
There is no credible evidence that 5G technology is detrimental to health in any way. Scientists have reported that the waves given off by 5G towers are incapable of damaging our cells.
As Dr. David Robert Grimes, an Irish cancer researcher and campaigner against medical misinformation, told BBC back in 2019, “It’s crucial to note that radio waves are far less energetic than even the visible light we experience every day.”
Don't try to trade it. Buy as much as you can and hold. It's the next Tesla.
MOAT protected by 48 patents.
100 Billion $ TAM, which is only expanding. (space race, supersonic jets, etc.)
High dollar, low angle (not other 3d printing co. can make them) parts
(100 Billion $ TAM per Bill McCombe, CFO of Velo3d) that are currently produced by casting, forging, brazing, welding, etc. will soon be 3d printed by Velo's Sapphire machines.
No need to purchase many of the sub-assemblies/parts that are used in the casting/forging, brazing/welding process.
No long lead times. (vs the casting/forging/brazing/welding process)
Designing a part that will take multiple iterations before you get it "right"? Those multiple iterations using the casting/forging/brazing/welding process will take you forever.
Labor shortage or hassles dealing with employees...use the Velo 3d Sapphire machine and 3d print those high $, complex parts!
Show More
Bill McCombe, CFO of Velo3d:
So, we’ve estimated the size of the market of high value metal parts at about a 100 Billion dollars. That represents those parts where the cost of fabrication represents 10 X the cost of the L & E value of the metal.
So if the fabrication cost is 10 X the actual cost of the physical metal, that defines a high level of complexity. So if you look across industries like energy, aerospace, and so on and so forth, there are a number of different ways you can do it but you come to about a 100 Billion dollar global market value.
At this point in time, only 1 or 2% of that 100 Billion dollars, is printed thru 3D printing. The rest of it, the other 98, 99%, is produced by casting and forging and then taking those parts and welding and brazing them together.
It’s a very different manufacturing process. The lead times are much longer, they can be 12 to 18 months…whereas the lead time for 3D printing, you know, if you have the printer, it’s 2 days.
If you hold long term and don't sell you can buy your wife a house instead of a great weekend.
Everything points to this being another Tesla, Amazon, Facebook, Microsoft as you pointed out in a previous post.
Elon Musk backing them and saying SpaceX would require 10,000 VLD machines in 2025 is huge !
My 2030 price target for VLD is $2300/share. Needless to say, I am loading up on stock any chance I get. !!
Why Elon Musk thinks VLD could be the TESLA of 3D printing.
The math:
- $1.1T TAM for Additive Manufacturing in 2030 (Ark Invest's estimate)
- VLD achieves their stated 10% market share goal ($110 Billion)
- Assigning a P/S ratio of 6.5 in 2030 to VLD ($715 Billion market cap)
- Dividing by 311 million shares outstanding includes dilution:
My 2030 price target for VLD is $2300/share. Needless to say, I am loading up on stock any chance I get. !!
Why Elon Musk thinks VLD could be the TESLA of 3D printing.
The math:
- $1.1T TAM for Additive Manufacturing in 2030 (Ark Invest's estimate)
- VLD achieves their stated 10% market share goal ($110 Billion)
- Assigning a P/S ratio of 6.5 in 2030 to VLD ($715 Billion market cap)
- Dividing by 311 million shares outstanding includes dilution:
SiNtx Technologies Risks Related to Our Capital Resources and Impairments
We will require additional financing and our failure to obtain additional funding would force us to delay, reduce or eliminate our product development programs or commercialization efforts.
Raising additional capital by issuing securities or through debt financings or licensing arrangements may dilute existing stockholders, restrict our operations or require us to relinquish proprietary rights.
In previous years we have indicated that there was substantial doubt as to our ability to continue as a going concern. Depending on the results of our future operations, we may again have substantial doubt as to our ability to continue as a going concern.
Hermeus to Build World's Fastest Aircraft with Newly Acquired Velo3D Sapphire Printers
Using Velo3D’s End-to-end Metal Additive Manufacturing Solution, the Hypersonics Aerospace Company Will 3D Print Parts For its Mach 5 Chimera Engine and Quarterhorse Aircraft
ATLANTA, August 30, 2022--(BUSINESS WIRE)--Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing technology company for mission-critical parts, today announced Hermeus, a company developing hypersonic aircraft for defense and commercial applications, has acquired an original Sapphire and a large-format Sapphire XC that is designed for high-volume production. The printers, both of which will be calibrated for Inconel 718, will be used to build parts for Hermeus’ Chimera engine and Quarterhorse aircraft.
"Metal additive manufacturing is a core component of our plan to vertically integrate production," said Glenn Case, CTO at Hermeus. "As we explore the capabilities of Velo3D’s additive manufacturing technology, we’ll be looking for ways to increase performance, consolidate components, reduce weight of our aircraft, and minimize external dependencies."
Hermeus was founded in 2018 to radically accelerate air travel with hypersonic aircraft. The company is an up-and-coming superstar in the aviation industry with more than $130 million in funding, including a $100 million Series B and contracts with the U.S. Air Force. It also has strong support from NASA and other U.S. government agencies, as well as funding from aerospace innovators like RTX Ventures, the venture capital group of Raytheon Technologies.
The Chimera engine is a turbine-based combined cycle engine that will power Hermeus’ first aircraft, Quarterhorse, an autonomous aircraft designed to touch high Mach speeds and prove reusability. Quarterhorse’s first flight is planned for 2023.
"Hypersonics is an extremely challenging subset of the aviation industry and at the speeds that Hermeus will achieve, temperature, vibration, and aerodynamics play major factors in the flight of the aircraft," said Benny Buller, Velo3D CEO and Founder. "There are not many teams with the deep experience in hypersonics, aviation, and space flight that Hermeus has, and we’re truly honored to provide Sapphire printers to help them achieve their goals. I have no doubt that they will bring their vision to life and make hypersonic commercial flight a reality."
Velo3D’s metal additive manufacturing technology has seen extensive adoption in the hypersonics and NewSpace industries due to its ability to build the complex, mission-critical parts engineers need without compromising design, quality, or performance. Customers can print existing designs without the need to design the parts for additive manufacturing or obtain specialized training. The company’s solution also helps teams iterate on designs more quickly and greatly simplify supply chains.
HOW TESLA PRODUCES THE SAFEST CARS ON THE PLANET !
Who makes the safest cars on the planet? Tesla. And, that's not an exaggeration, it's a fact rarely acknowledged by the media — who often (instead) focus on frivolous issues revolving around FUD.
Meanwhile Tesla is redefining vehicle safety standards and they've achieved this audacious goal by bringing together industry-leading design, engineering and software.
Tesla's electric vehicles not only achieved a 5-star rating in every category of NHTSA's crash tests but Model 3, Model S and Model X are the top three cars with the lowest probability of injury to occupants that NHTSA has ever tested.
Looking at the graph above, Tesla happens to be the first and only manufacturer with an entire lineup of cars with superior safety ratings — 1st, 2nd and 3rd are all Teslas — and it's likely that the upcoming Model Y will join the rest of her siblings to round out the company's safety mission.
SAFETY ENGINEERING & DESIGN
Electric vehicles are generally safer than internal combustion engine (ICE) vehicles due to the fact that their 'center of gravity' is almost perfectly situated. However, Tesla takes this to a whole new level with the Model 3 design — in addition to a lower center of gravity, Model 3 has an extremely low 'polar moment of inertia', Tesla defines this in their press release as follows:
In addition to its near 50/50 weight distribution, Model 3 was also designed with an extremely low polar moment of inertia, which means that its heaviest components are located closer to the car’s center of gravity. Even though Model 3 has no engine, its performance is similar to what’s described as a “mid-engine car” due to its centered battery pack (the heaviest component of the car) and the fact that Model 3’s rear motor is placed slightly in front of the rear axle rather than behind it. Not only does this architecture add to the overall agility and handling of the car, it also improves the capability of stability control by minimizing rotational kinetic energy.
Tesla Model 3: Heaviest components placed near the center of gravity providing ‘extremely low polar moment of inertia’ (see definition below)
Tesla Model 3 Design: ~50/50 weight distribution with heaviest components near the low center of gravity delivering a 'low polar moment of interia (infographic) - Click/Tap for high-res version — (Image: Tesla, Illustrated by: Iqtidar Ali)
Elon Musk further explained the 'Polar Moment of Inertia' in a series of tweets:
In layman's terms, a low polar moment of inertia means that the vehicle will easily turn to the side and redirect the energy impact rather than absorbing it into the passenger cabin (see a 2016 Tesla Model S crash test below as an example).
Above: Tesla Model S Crash Test (NHTSA)
During Tesla's Q3 earnings call, Madan Gopal, Functional Lead and Principal Safety Engineer, was describing how Tesla Model 3's architecture and design adheres to the highest safety standards and Elon Musk noted:
Yeah. I think, architecturally, we have Newton on our side. And having Isaac Newton on your side is definitely the way to go.
Tesla's Q3 earnings call actually kicked off with the 'Safety of Tesla Vehicles' and Madan Gopal and Elon Musk went to great lengths to describe why 'vehicle safety' is the company's top priority (listen to the earnings call webcast here).
CRASH SAFETY RATINGS TESTS
National Highway Traffic Safety Administration (NHTSA) has tested 943 vehicles since 2011 and taking into account 'lowest probability of injury', Tesla vehicles are the 'top three' — meanwhile the remainder (of the 940 vehicles) are from every other car manufacturer.
All of the vehicles achieving a 5-star rating are not the same as Madan Gopal described it on Tesla's Q3 earnings call:
Yeah, exactly. So if you look at [that] there, there is a metric we came up with, which is a part of US NCAP rating itself, as a lowest probability of injury. And Model 3 has the lowest, and just to give you context, there are total of 900 plus vehicles since 2011, which have been rated. So the fact [is] that Model 3 is the best among all the 943 to be exact. So that speaks volumes. And I'm very happy to say what Model 3 has achieved.
FRONTAL COLLISION
Due to the absence of an internal combustion engine in the front of a Tesla, this frontal space serves as a large crumple zone that absorbs the impact and it not only provides added safety for vehicle occupants but also for pedestrians in an incident.
Illustration: Tesla Model 3 Large Crumple Zone
Tesla Model 3 Design: Large Front Crumple Zone - Click/Tap for high-res version — (Image: Tesla, Illustrated by: Iqtidar Ali)
Let's compare the front collision tests of a Tesla Model 3 and an Audi A4 in the following video where Model 3's large crumple zone absorbs most of the impact and Audi A4's engine thrusts towards the passenger cabin.
Above: Tesla Model 3 vs Audi A4 front collision comparison video (Source: Tesla)
Even with a dual-motor setup a Tesla is engineered to pull the nose of the front motor downward and avoid intrusion into the passenger cabin (video below).
In Tesla's own words:
In pole impact crashes, in which a narrow obstruction impacts the car between the main crash rails, energy-absorbing lateral and diagonal beam structures work to mitigate the impact. This includes a high-strength aluminum bumper beam, a sway bar placed low and forward in the front of the car, cross-members at the front of the steel subframe that are connected to the main crash rails, and additional diagonal beams in the subframe that distribute energy back to the crash rails when they aren’t directly impacted. An ultra-high strength martensitic steel beam is also attached to the top of the front suspension to further absorb crash energy from severe impacts, and the rear part of the subframe is shaped like a “U” and buckles down when impacted.
Above: Tesla Model 3 front collision with dual-motor setup (Source: Tesla)
Also the airbags used in Tesla vehicles are specially designed for maximum safety and work in combination with the sensors installed in both the driver and passenger seats in order to determine the size of the seat occupant and inflate only to the extent required — other manufacturers typically order airbags from a third party and just install them in their cars to fulfill basic safety requirements. As such, we've witnessed recent recalls due to injuries and deaths related to faulty airbags and airbag systems.
Above: A look at Tesla airbag deployment (Source: Tesla)
The Tesla Model S owner's manual describes how Tesla's specially designed front airbags function:
The front airbags on the Model S are advanced airbags designed to reduce airbag related injuries to children or small adults who ride in front. On the driver’s side, the front airbag works with a seat position sensor that adjusts the inflation level based on the size of the occupant. On the passenger’s side, the airbag responds to a sensing system in the seat that determines whether or not the passenger side front airbag inflates, and adjusts the inflation level based on the size of the occupant
SIDE IMPACT/INTRUSION
Tesla's vehicles exhibit exceptional safety in a side impact or intrusion incident as a rigid battery pack plays a pivotal role in stopping the colliding object from entering the cabin in a manner that's too deep to be considered safe — this also makes the Tesla side airbags perform better than an ICE car — giving them more time and space to save the occupants.
Additionally the Tesla Model 3 design uses ultra high-strengh steel reinforcements in the door panels and roof structure for increased rigidity against a side collision (illustrated below).
Tesla Model 3 architecture uses ultra high strength steel reinforcements in door panels and roof structure (illustration)
Above: Tesla Model 3 architecture uses high strength steel reinforcements in door panels and roof structure (Images: Tesla)
The following comparison video of a side pole intrusion test between a Tesla Model 3 and a Lexus ES 350 shows us the difference in a side impact incident.
Above: Side pole intrusion test comparison between Tesla Model 3 and Lexus ES 350 (Source: Tesla/NHTSA) — all Model 3 NHTSA crash test videos here.
ROLLOVER SAFETY
The low center of gravity in a Tesla vehicle reduces the risk of a rollover incident significantly. In addition, the overall design and structural rigidity of the vehicle reduces the risk of injury even if a Tesla car does rollover.
Tesla's internal tests show that the Model 3 body structure can withstand roof-crush loads equivalent to more than four times its own weight and with minimal structural deformation.
*Model 3 Long Range Weight = 3,814 lbs (1,730 kgs) x 4 = 15,256 lbs (6,920 kgs) = more than an african adult male bush elephant (the largest living terrestrial animal)
The following rollover risk test of a Tesla Model X by NHTSA shows how difficult it is to rollover a Tesla.
Above: A Tesla Model X being tested for rollover safety (NHTSA/DPC Cars/YouTube).
SAFETY TECH / AUTOPILOT
Currently no other car manufacturer can claim that they can improve the safety of their vehicle fleet via an over-the-air (OTA) software update — this remains an area where Tesla maintains a unique edge over legacy automakers.
For example, earlier this year Consumer Reports tested a Tesla Model 3 and found that the braking distance was more than they would typically recommend — in turn, Elon Musk promised to improve the stopping distance via an OTA update and Tesla successfully reduced the stopping distance by nearly 20 feet by re-calibrating the ABS, hence Consumer Reports added Model 3 to their 'CR Recommended' list.
All Tesla vehicles manufactured after November 2016 have 12 ultrasonic sensors, 8 cameras and 1 forward radar that help provide Autopilot with 360° vision of it's surroundings — this provides the most advanced, integrated sensor suite in any production vehicle today (see below infographic).
HW 2.0+ Tesla Vehicles - 360° Autopilot Vision and Radars
Above: HW 2.0+ Tesla Vehicles - 360° Autopilot Vision and Radars - Click/Tap for high-res version of the infographic (Source: Tesla)
Recently, European New Car Assessment Program (Euro NCAP) tested several vehicles for their Driver Assistance/Automated Driving to calculate safety measures. In turn, they selected a Tesla Model S for evaluation and it performed better than most cars from other manufacturers — however, an outstanding issue with Euro NCAP seems to be the name 'Autopilot' which they feel doesn't sound like a driver assist system, rather a full self driving setup. Check out the Autopilot testing video below.
Above: Euro NCAP 2018 Automated Testing a Tesla Model S Autopilot
As mentioned previously, Tesla is consistently working to improve safety and Autopilot features with new updates, as Madan Gopal, the company's Functional Lead and Principal Safety Engineer, had explained during the Q3 2018 Tesla earnings call:
We are not stopping right now. What we would like to do next is [show] how we can make use of the active safety and autopilot features, and make it even more [of an] improvement, so the next area that we are focusing on, how to integrate active and passive safety... that's our next area of challenge, which we will improve for sure.
STANDARD SAFETY FEATURES
It's worth noting that all Tesla vehicles come with a great set of safety features right out of the box even if you don't opt-in for Enhanced Autopilot (EAP) at the time of your Tesla purchase. Following is a list of safety features that come standard on any Tesla vehicle.
Full LED exterior lighting
Eight cameras, forward radar and twelve ultrasonic sensors enabling
active safety technologies including collision avoidance and automatic emergency braking
Six front row and two side curtain airbags
Three-point safety belts with belt-reminders for driver and four passengers
Two LATCH (Lower Anchors and Tethers for Children) attachments in second row
Electronic stability and traction control
Four-wheel antilock disc brakes with electronic parking brake
Child safety locks
Anti-theft alarm system
Tire pressure monitoring system
Sintx Technologies PT Lowered to 0.07 cents.
Sintx Technologies (NASDAQ:SINT – ) had its price target dropped by equities researchers at Trident Capital Markets to 0.07 cents in a research note issued on Monday August 29th 2022 Stock Target Advisor reports. Trident Capital Markets’ price target would suggest a potential downside side of 86% from the stock’s current price.
Elon Musk buying VELO 3D stock !
Recent 13F filing from last month shows Elon Musk has been accumulating VLD stock. Possible take over target prior to taking Star-link public. VLD is essential to the future success of Tesla and SpaceX
Future is amazing for Velo - my engineering firm makes gas turbine parts. We have a couple very complicated parts in production and want to add more. We’re finally getting a prototype done by a vendor with a Sapphire Printer. Demand is so high it’s almost impossible to get time on the machine.
Tesla’s Autopilot Saves Lives — Period.
Just Ask This Drunk Driver.
Drinking and driving is never, ever recommended, and it’s illegal. However, statistics surrounding the phenomenon would suggest otherwise — it happens all the time.
While a new video may not be the front page on most mainstream media news sites, since it doesn’t fit the narrative of killer cars driving themselves and killing people, a clip that was all over Twitter this week reminds us how helpful Tesla Autopilot can be.
Perhaps someone should inform Senators Markey and Blumenthal of this and present them with statistics. I’ll try. The two senators wanted federal regulators to take “corrective actions” against Tesla in order to prevent the misuse of its Autopilot feature, as The Verge reported after a fatal crash in Houston where many claimed a driverless Tesla Model S on Autopilot crashed. Those claims were later proven false, but the damage was done. The story had already blazed across social media and into our phones like a digital wildfire, and those who are biased against Tesla will refuse to look further than the headlines and have surely missed the actual truth of that story.
Tesla’s Autopilot saves lives, and there are hundreds of cases that clearly show this. One case went viral over Twitter a few days ago thanks to both Austin Tesla Club and Tesla Saves Lives. The latter originally shared the video, which was then picked up by many on Twitter.
This incident took place in the town of Ski, in Norway. The “driver” had his head slumped forwarded and to the side, which led people to think that he was unconscious. Some other drivers then followed the car and watched it stop on its own after driving some distance. The car stopped in a tunnel and turned on its hazard lights. A few people parked next to the car and started knocking on the window. They had no idea what had happened to the driver. When they couldn’t wake him up, they called emergency services for help.
Following the accident, Ski Eastern Police shared more details on Twitter. The 24-year-old driver was heavily drunk and passed out due to being heavily intoxicated. The police added that although there is video evidence, the man denied driving while intoxicated. This is actually normal — drunk people often take dangerous risks and lie about it despite evidence to the contrary.
The above tweet is interesting because it leads to the idea that it’s Tesla’s responsibility that someone got drunk and decided to drive in the first place. Nonetheless, the idea that Tesla could include a built-in breathalyzer before allowing someone to start the car is an interesting concept.
For the naysayers who think Autopilot and FSD enable drunk driving, let’s remember that drinking and driving have been a large problem far longer than Tesla’s existence. Statistics from the National Highway Transportation Administration (NHTSA) indicate that every day, around 28 people in the U.S. alone die in drunk-driving crashes. This is one person every 52 minutes. The stats are from 2019. Keep 2019 in your mind as I continue.
The NHTSA noted that the total number of people who lost their lives as a result of drunk-driving crashes in 2019 was 10,142.
If you click here and take a look at Tesla’s vehicle safety report for the last quarter of 2019, you will learn that Tesla registered one accident for every 3.07 million miles in which drivers had Autopilot engaged. Tesla breaks this down by every quarter, and I’ll list the 2019 stats in order.
Q1 2019: one accident for every 2.87 million miles driven in which drivers had Autopilot engaged.
Q2 2019: one accident for every 3.27 million miles driven in which drivers had Autopilot engaged
Q3 2019: one accident for every 4.34 million miles driven in which drivers had Autopilot engaged.
Q4 2019: one accident for every 3.07 million miles driven in which drivers had Autopilot engaged.
Data from the NHTSA show 36,096 fatalities in motor vehicle traffic crashes in 2019, and those happen over a much shorter average driving distance than fatalities in Tesla cars. Tesla’s Autopilot saves lives. Period.
85% Chance SINXT goes Bankrupt
Based on the latest financial disclosure, Sintx Technologies WT has a Probability Of Bankruptcy of 85%. This is much higher than that of the sector and significantly higher than that of the Probability Of Bankruptcy industry.
My 2030 price target for VLD is $2300/share. Needless to say, I am loading up on stock any chance I get. !!
Why Elon Musk thinks VLD could be the TESLA of 3D printing.
The math:
- $1.1T TAM for Additive Manufacturing in 2030 (Ark Invest's estimate)
- VLD achieves their stated 10% market share goal ($110 Billion)
- Assigning a P/S ratio of 6.5 in 2030 to VLD ($715 Billion market cap)
- Dividing by 311 million shares outstanding includes dilution:
Tesla Stock at $1,000,000 According To A Former Employee!
This Is How Tesla Stock Will Reach $1,000,000 According To A Former Employee!
Tesla (TSLA) is an American electric vehicle and clean energy company based in Austin, Texas, United States. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world's most valuable companies and remains the most valuable automaker in the world with a market cap of nearly $1 trillion. On June 29, 2010, the company became a public company via an initial public offering (IPO) on NASDAQ. The company issued 13.3 million shares of common stock at a price of $17.00 per share, raising $226 million. The ticker for Tesla stock is TSLA.
WARNING SINTX TO R/S THEN DILUTE SHAREHOLDERS !!
We will require additional financing and our failure to obtain additional funding would force us to delay, reduce or eliminate our product development programs or commercialization efforts.
We currently have limited committed sources of capital and we have limited liquidity. Our cash and cash equivalents as of July 29th, 2022 was $11.3 million. We require substantial future capital in order to continue to conduct the research and development and regulatory clearance and approval activities necessary to bring our products to market, and to establish effective marketing and sales capabilities. Our existing capital resources are not sufficient to enable us to fund the completion of the development and commercialization of all of our product candidates.
We cannot determine with certainty the duration and completion costs of the current or future development and commercialization of our product candidates for spinal fusion, joint replacement and coated metals or if, when, or to what extent we will generate revenues from the commercialization and sale of any of these product candidates for which we obtain regulatory approval.
We may never succeed in achieving regulatory approval for certain or all of these product candidates. The duration, costs and timing of clinical trials and development of our spinal fusion, joint replacement and coated metal product candidates will depend on a variety of factors, including:
Tesla Autopilot prevents ~40 crashes per day caused by SUA
Tesla Autopilot prevents around 40 crashes per day that would have been caused by sudden unintended acceleration (SUA). This news comes from Tesla’s Autopilot Software Director, Ashok Elluswamy, who shared this news during his workshop at the Conference on Computer Vision and Pattern Recognition (CVPR) in New Orleans earlier this summer. He later published the workshop on YouTube and shared it on Twitter.
In the video, Ashok goes over how Autopilot is able to avoid collisions and highlighted some of the safety features that Autopilot has.
“Here, I’m showing a particular mode of failure of humans where they accidentally press the accelerator pedal instead of the brake pedal. For example, these people are pressing the accelerator pedal thinking that they’re pressing the brake pedal. But the car realizes that they are doing this and are heading towards a collision and automatically cuts out the acceleration, and presses the brake to prevent the humans from colliding.”
Ashok explained that this particular driver would have launched their car into a river if it wasn’t for Autopilot saving them. He shared another video of where a person was trying to park but they pressed the accelerator instead of the brake. Tesla Autopilot prevented them from crashing into the storefront and the pedestrian that was going inside.
Although Autopilot saves many humans, Ashok emphasized that more collisions remain to be prevented. He shared instances where drivers would misapply the pedals and would be saved by Autopilot. In one video, the driver’s decision to switch gears and reverse at full speed caused them to hit the garage.
“While that’s incredibly sad, I’m glad no one was harmed in this accident, but it’s kind of senseless to collide when we have a great system that can detect general obstacles,” he said.
Ashok also pointed out the three things a self-driving car needs to be useful: safe, comfortable, and reasonably fast. You can watch the full workshop in the video below
SINTX TECHNOLOGIES ANNOUNCES REVERSE STOCK SPLIT
SINTX Technologies, Inc. (NASDAQ: SINT) today announced that its Board of Directors has declared a 1-for-20 reverse stock split of the company’s common stock. The reverse stock split will become effective December 19th, 2022 (the “Effective Date”) at 5:00 PM Eastern Time. The company’s common stock is expected to begin trading on a split-adjusted basis when the markets open under the current trading symbol “SINT.”
The reverse stock split is primarily intended to bring the company into compliance with the minimum bid price requirements for maintaining its listing on the Nasdaq Global Market. The new CUSIP number following the reverse split will be 678653.
As a result of the reverse stock split, every 20 shares of the company’s common stock issued and outstanding will be automatically reclassified into one new share of common stock. Proportionate adjustments will be made to the conversion and exercise prices of the Company's outstanding warrants, preferred stock, equity awards and options, and to the number of shares issued and issuable under the company's equity incentive plan. The reverse stock split will not affect the number of authorized shares of common stock or the par value of the common stock.
“All this time I didn’t know what’s happening. I was braking,” Swarajyalaxmi said.
The brakes on the Tesla are standard hydraulic brakes. The same as used in millions of vehicles worldwide. Regardless of any acceleration commanded, the brakes are capable of overpowering the powertrain – even on a P100D – at least two-fold. If you mash the brakes, the car is not going to be accelerating. It’s physically impossible. Anyone claiming, ‘I was pressing the brake the whole time, and the car still leaped forward!’ is flat out lying.”
Jai said the damage to his car cost about $3,730. The Tesla was totaled. He said the neighbor’s car damage was around $8,000, and the estimate for their garage repair was between $22,000 and $27,000.
More importantly there is no such thing as SUA in Tesla as result off space weather. The NHTSA already dismissed this as non sense.
List of Space Weather related conspiracy theories! "SINTX TECHNOLOGIES" can't help with including Tesla!
1) Worms dying in a Laboratory
2) Tesla car crashes
3) Dental implant failures
4) Plane crashes
5) Mass deaths of cattle
6) Heart attacks
7) Covid 19
8) Flatulence
9) Erectile Disfunction
10) Dick Van Dyke's Mental illness
There is nothing scientific about ignoring imperial evidence and fabricating your own fantasy conclusions to already dismissed cases because of an obsession one has with magnetic fields.