tsla is the only player in the so call western world, no one else come clsoe. fsd works or may not work, just the matter of infrastructure and mapping. who else in the mapping business, it is then another big business like their charging stations.
Oh, and this: https://www.businesswire.com/news/home/20240909593777/en/ Mobileye to End Internal Lidar Development Technology progress makes next-gen FMCW lidar technology less essential to future products September 09, 2024 07:30 AM Eastern Daylight Time JERUSALEM--(BUSINESS WIRE)-- Mobileye (Nasdaq: MBLY) has chosen to end the internal development of next-generation frequency modulated continuous wave (FMCW) lidars for use in autonomous and highly automated driving systems. As part of our regular review of the long-term technology roadmap, we now believe that the availability of next-generation FMCW lidar is less essential to our roadmap for eyes-off systems. This decision was based on a variety of factors, including substantial progress on our EyeQ6-based computer vision perception, increased clarity on the performance of our internally developed imaging radar, and continued better-than-expected cost reductions in third-party time-of-flight lidar units. This action does not impact any of our customer product programs or product development in general. It also has no bearing on Mobileye’s commitment to development of our in-house imaging radar, which is meeting performance specifications based on B-samples and is expected to enter production next year, on schedule. In terms of Mobileye’s internal sensor development, imaging radar is a strategic priority. This is a core building-block technology that we expect to drive competitive advantage for Mobileye-based eyes-off systems in cost/performance optimization and scalability. The lidar R&D unit will be wound down by the end of 2024, affecting about 100 employees. Operating expenses for the lidar R&D unit are expected to total approximately $60 million in 2024 (including approximately $5 million related to share-based compensation expenses). While this action is not expected to have a material impact on Mobileye’s results in 2024, it will result in the avoidance of lidar development spending in the future. Mobileye (Nasdaq: MBLY) leads the evolution of mobility with our autonomous driving and driver-assistance technologies, based on world-renowned expertise in artificial intelligence, computer vision, mapping, and integrated hardware and software. Since our founding in 1999, Mobileye has enabled the wide adoption of advanced driver-assistance systems while pioneering groundbreaking technologies such as REM™ crowdsourced mapping, True Redundancy™ sensing, Responsibility-Sensitive Safety™ (RSS™) driving policy and Driving Experience Platform (DXP). These technologies support a product portfolio structured for scale and designed to unlock the full potential of mobility, offering a range of solutions from premium ADAS to autonomous vehicles. By the end of 2023, about 180 million vehicles worldwide have been equipped with Mobileye technology. In 2022, Mobileye listed as an independent company separate from Intel (Nasdaq: INTC), which retains majority ownership.
So I'm not the only one. Too funny:- Analysts still can't agree whether Tesla is a car company or not: Morning Brief It’s just under a month until Tesla’s robotaxi event. Characteristically, CEO Elon Musk has made (or at least endorsed) some big promises. When a fan account recently posted on X, “10/10 will be the most significant moment for Tesla since the unveil of the Model 3,” Musk replied, “In my opinion, yes.” Existentially, though, analysts still can’t agree on what Tesla is. That debate was captured perfectly in a duo of notes this week. On Tuesday, D.A. Davidson analyst Gil Luria announced he was expanding his coverage of Big Tech to include Meta and Alphabet (he already tracked Apple, Amazon, Microsoft, and Nvidia), placing them all under the common theme of “compute.” Close readers might note that list is a magnificent six of Big Tech — not seven. “If it looks like a duck (>90% of revenue from cars) and quacks like a duck (>90% of profits from cars) it might just be a duck (a car company),” Luria wrote in his note. He added, “Don't @ me,” no doubt aware of the trollstorm that can follow any whisper of Tesla criticism. Luria elaborated in an interview on Yahoo Finance, noting that while there may be big AI investments in the Musk-verse, "the player here isn't Tesla, it's Elon Musk." That same day, Edison Yu of Deutsche Bank weighed in on Tesla with a very different take: “At the core, we do not see Tesla as an automaker but rather a technology platform attempting to reshape multiple industries, deserving of an unique type of valuation framework,” he wrote. That framework resulted in a $295 price target from Yu, who named Tesla his top pick among autos. Musk himself has repeatedly told investors that they shouldn’t buy Tesla shares if they don’t see it as more than an automaker. It looks like a lot of potential investors have taken his advice this year — the stock is down by almost 9%. With Musk making as many headlines for his support of Donald Trump and political tweets as for what his companies are doing, the robotaxi event may be a welcome catalyst for Tesla shareholders to focus back on what the company does — even if a robotaxi is still a car. https://finance.yahoo.com/news/anal...-morning-brief-100012040.html?.tsrc=fin-notif
It's hard to pay attention to a commentary which starts with an old rehashed question and ends with a political back hand of the CEO. I get why many people dislike Musk from a social or political perspective but I don't see the point from a business perspective or stock valuation review. I assure you, pick the well known bear analysts and you'll get all the negative feedback loops you seek to make a meaningless point. In fact, Tesla's valuation is enough to dismiss the suggestion that it's "only" a car company. When were the traditional auto manufacturers ever over 250? Case closed. As Tesla Energy continues to gain momentum it will soon be self evident that Tesla generates significant streams of income from non automotive sector. But I'm sure you and the bears will have many other gripes with Tesla because of Musk.
Ford (F) accounting for all its splits (8) would make 1 share = 30.826 shares, then taking yesterday's closing price would equate to $327.37 But what it really comes down to is you are dismissive of anything (especially stock price itself last 3 years) that doesn't fit the Cathy Woods narrative ... to the moon. My "gripe" lol is he is turning off his once majority (lefties) customer base. Its plainly obvious. The other "gripe", that he is not responsible for, is the majority of the car buying public outside the EV early adopters don't care for EVs. And I think Elon is coming to "gripes" with that and blowing a gasket. Couldn't be happier.
Yup, NYTimes has story today (behind paywall) of his growing security entourage. Maybe he should hire Mark Zuckerberg to protect him lol.
Lol, ok so let's take all of TSLA splits and ask the same question... Why even try? It would be difficult for me to address the Cathy Woods point because I don't follow her other than know she's a bull. Musk turned me off about 3 years ago and I'd applaud if he was to lose his job at Tesla. You're wrong about EV adoption. Most people don't care what powers their vehicle and want non polluting vehicles, provided their habits don't change for the worse. Battery tech is within 5 years of providing 10-80% charge within 10 mn with distances at least equal to ice vehicles. While I'm a Tesla investor, I care less about competing products as I do about competing the types of energy powering these vehicles. Top level is green electricity, next is electricity from polluting energies, last is polluting industries and engines. My gripe with Musk is his loosing sight of the goal for dubious endeavors, like the CT, the bots and even FSD although a case can be made that a successful FSD will lead to more sales.