“Elon is betting the company on autonomy! Has he lost his mind?” What do you expect from a guy who bet his car company on electrification in 2003?
@WholeMarsBlog Not quite betting the company, but going balls to the wall for autonomy is a blindingly obvious move. Everything else is like variations on a horse carriage.
The question is there enough of a market that *wants* fully autonomous cars? I don't think so. I think there is a niche that does - and that niche could be wildly profitable. Those who live in suburbs that go into cities for work, I think is a good market. I'd love to hire a robotaxi to go pick up my kids from School. But I don't think you need very many of these. In the end, I'm not convinced that autonomy is a market winner anytime soon.
@elonmusk @WholeMarsBlog Most of the world has no idea of full self driving
@elonmusk @WholeMarsBlog I thought the mission was sustainable transport? You’re the boss, but I would have preferred to finish the first mission before moving on to the next one.
I was afraid this was what he had decided. I have very little doubt that Tesla will reach Levels 4 and 5 autonomy, but I don’t think it will happen anytime soon. This move by Elon will likely lead to even more EPS contraction, and therefore, the stock will probably fall even more, potentially to double digits, before shooting back up when FSD starts adding money to the bottom line. I have a decision to make: to wait and buy as it goes down to average down, or sell now and buy back at 20% lower, maybe even more, if my prediction turns out to be correct. Of course if I am wrong I could miss a huge fast run up in the stock price. I have some tough decisions to make before next Wednesday. Good luck to all long-term investors.
@elonmusk @WholeMarsBlog Fuck it, im all in. Worst case scenario i become one of those naked cavemen who throws poop at people!
@elonmusk @WholeMarsBlog very helpful for investors to know 🙌
@elonmusk @WholeMarsBlog Im just holding, whatever you do.
@elonmusk @WholeMarsBlog Yeah… it’s definitely the move. It’s going to be like going from horse drawn carriages to motor cars.
@elonmusk @WholeMarsBlog I just wish the updates would come in weekly