They’ll scream and cry for protectionist policy once they lose the lower end of the market. Musk has one superpower and it’s looting the public for his own benefit.
Comment on Tesla scraps its plan for a $25,000 Model 2 EV
maynarkh@feddit.nl 5 months ago
Instead, Musk is allegedly “all in on robotaxi,”
So instead of trying to compete with BYD, they are leaving that space open for Chinese dominations, and instead they are trying to catch up to the Waymo-Uber-Lyft race where Tesla has not even tried to compete yet.
To me, it just seems that Musk just doesn’t believe in market capitalism and competition. Or that he’s exceptionally terrible at it.
seaQueue@lemmy.world 5 months ago
umbrella@lemmy.ml 5 months ago
nah the us is prohibiting chinese imports because they cant compete.
i guess you guys just aint getting cheap evs
maynarkh@feddit.nl 5 months ago
Not me, I see a bunch of Polestars already cruising around, and here Teslas are not even the most sold EV. Super cheap itty-bitty locally made EV “trucks” that are as big as a Smart are.
And electric bikes I suppose.
TrainsAreCool@lemmy.one 5 months ago
I believe a huge chunk of Tesla’s valuation is based on their automation tech, despite having very little real success towards full automation. So they have to focus on that and try to prove they can deliver.
But I’m guessing they won’t succeed, as there are fundamental flaws with the technology itself, that can’t be solved by throwing more sensors at the problem.
maynarkh@feddit.nl 5 months ago
It seems their stock valuation rests on an assumption that their self-driving tech is unique, useful and best-of-class. I don’t see how they can benefit putting these claims to the test by trying to compete in the robotaxi market.
Ragnarok314159@sopuli.xyz 5 months ago
Their stock valuation rests entirely on large entities shorting the stock, and other large entities saying “I will take that bet!”. That’s pretty much it.
maynarkh@feddit.nl 5 months ago
All stock valuation rests on like three entities making numbers up, that’s not the thing. The question is how long will Wall Street keep Musky boy on the nice list if he is becoming more and more visibly incompetent.
Claidheamh@slrpnk.net 5 months ago
But can it be solved by throwing less sensors at the problem? Cause that’s what he’s been doing. Removing sensors from the newer versions that were in the older ones.
PlutoniumAcid@lemmy.world 5 months ago
Trop the cameras, add lidar instead. That’s true 3d vision, which no amount of cameras can replace.
TrainsAreCool@lemmy.one 5 months ago
Someone told them the problem was just “too many variables”, so they figured by taking away sensors, there are fewer variables. Therefore, better self-driving.
Corkyskog@sh.itjust.works 5 months ago
But people drive with just eyes, why can’t cars drive with just eyes? Someone in Tesla accountint probably…
Thorny_Insight@lemm.ee 5 months ago
Untill they released FSD Beta V12. The leap it took from the previous version is insane. It drives really good now.
TrainsAreCool@lemmy.one 5 months ago
It’s still nowhere near any standard we should expect to trust this technology, which is a flawed solution to a problem that doesn’t really exist.
Thorny_Insight@lemm.ee 5 months ago
40k people die on traffic accidents each year in the US alone, so I wouldn’t say there’s no problem to fix.
maynarkh@feddit.nl 5 months ago
How does it compare to Waymo and Cruise? How many cities let driverless Teslas roam around? Those are the questions that will get asked from here on out, since they said they want to compete there.
Thorny_Insight@lemm.ee 5 months ago
I don’t know anyone who makes videos about Waymo or Cruise on YouTube so I have no clue how it compares. That wasn’t my point. I’m only comparing current FSD beta to the previous versions of itself.
CYBRLFT does ridesharing videos where he lets FSD beta do the driving and I believe the success rate with V12 has been over 90% that the car didn’t need any driver interference.