Tesla 2024

Discussion in 'Stocks' started by VicBee, Dec 19, 2023.

  1. SunTrader

    SunTrader

    #351     May 7, 2024
    NoahA likes this.
  2. SunTrader

    SunTrader

    (Semafor)

    Chinese Tesla rival eyes US IPO

    [​IMG]
    Christoph Dernbach/picture alliance via Getty Images
    Tesla is facing challenges from its Chinese electric vehicle rivals in both the US and China. Zeekr, the EV brand of Chinese auto giant Geely, is set to go public on the New York Stock Exchange this week, seeking to raise $367 million in what could be the largest US initial public offering for a Chinese company since 2021. At least three other Chinese EV makers that compete with Tesla have already gone public in the US. Tesla recently got tentative approval from the Chinese government for its “Full Self-Driving” technology, though it faces a crush of local competition. Chinese giant BYD already dethroned Tesla as the world’s top EV seller, and Tesla’s sales of China-made cars dropped 18% last month compared to April 2023, while BYD’s grew 49%.
     
    #352     May 7, 2024
    NoahA likes this.
  3. ph1l

    ph1l

    upload_2024-5-7_21-0-30.png
     
    #353     May 7, 2024
  4. VicBee

    VicBee

    #354     May 7, 2024
  5. ph1l

    ph1l

    One would think a stationary roadside speed checker would be more accurate because it's not moving and doesn't have as many things to worry about (e.g., tire wear, traction, wind speed). On the other hand, the local government might have an incentive to make the speed checker to read a little high for safety or improving revenue.
     
    #355     May 7, 2024
    semperfrosty likes this.
  6. gwb-trading

    gwb-trading

    #356     May 8, 2024
  7. SunTrader

    SunTrader

    That video is either running visually, faster than normal, or the dashboard MPH readout is throttled back. Because I noticed right away zipping out of parking spot, then first few turns in underground garage appear to be fairly quick yet readout doesn't display it.

    Something is out of whack. I don't know which? Just one or the other.

    Though out of whack, whichever, is fitting for anything Tesla-related.

    The day they get rid of the "mad-scientist" might stop the whack-i-ness.
     
    #357     May 8, 2024
  8. VicBee

    VicBee

    https://www.teslarati.com/tesla-no-longer-needs-lidar-ground-truth-data-fsd-training-elon-musk/

    TESLARATI

    Tesla no longer needs LIDAR for ground truth data for FSD training: Elon Musk
    BySimon AlvarezPosted on May 8, 2024

    Luminar Technologies noted in its letter to shareholders that electric vehicle maker Tesla was the largest customer of its LIDAR products in Q1 2024. During the first quarter, Tesla comprised over 10% of Luminar’s revenue. But as per Elon Musk in a recent comment on X, it would appear that Luminar may be seeing less business from Tesla in the future.

    Luminar’s disclosure of its business with Tesla was interpreted by critics of the electric vehicle maker as a sign that Elon Musk was walking back somewhat on his previous comments about LIDAR being a crutch and a dead-end for self-driving. Longtime Tesla watchers, however, have noted that the EV maker typically uses LIDAR units to validate vision data on test vehicles. Thus, Tesla’s purchase of LIDAR units from Luminar does not seem to be out of the ordinary.

    Elon Musk, for his part, responded to the news of Tesla being Luminar’s biggest customer in Q1 2024 by stating that the electric vehicle maker won’t really need LIDAR units anymore to collect ground truth data. “We don’t need them even for that anymore,” Musk wrote.

    Tesla’s use of LIDAR units on its ground truthing vehicles has attracted quite a lot of attention from the company’s critics over the years. This was partly due to Elon Musk’s previous comments about LIDAR, where he stated that it was a fool’s errand for self-driving vehicles. What Tesla critics typically fail to consider, however, was that Musk was referring to the use of LIDAR in individual vehicles, not in validating vision data.

    This was hinted at much during Luminar’s earnings call on Tuesday, when CEO Tom Fennimore stated that while this is not the first time Tesla ordered LIDAR units from Luminar, the EV maker has not necessarily been a recurring customer. “This isn’t the first time that they’ve ordered LIDARs from us, but I would say it’s been more lumpy than recurring. What exactly they’re doing with them, we can only speculate,” Fennimore said.

    Tesla has been putting a lot of focus on Full Self-Driving (FSD), with Elon Musk announcing that the company’s dedicated Robotaxi “Cybercab” would be unveiled on August 8, 2024. In a comment on X, Musk noted that while Tesla is not necessarily betting the company on FSD, “going balls to the wall for autonomy is a blindingly obvious move.” He also noted that “everything else is like variations on a horse carriage.”
     
    #358     May 8, 2024
  9. SunTrader

    SunTrader

    Hmm, thought TSLA would get a pop this late Friday afternoon?

    Bloomberg is reporting a rumor Biden admin will possibly quadruple tariffs on Chinese EV manufacturers.
     
    #359     May 10, 2024
    semperfrosty likes this.
  10. mervyn

    mervyn

    #360     May 10, 2024