/biz/ - Business & Finance

Spacex is the most overhyped one of his companies with 0 value added to the world, its only use is starlink. Neuralink is 10x more important if they were to make what they really claim.

>>26020559
Tsla is the btc is stocks

Take that how you will

>>26021055
Asteroid mining has disgustingly huge potential, and we've already seen "working" proof of concept on a really small scale with Japan's Hyabusa2 which brought back asteroid samples in december. I also think there potential with space tourism and starlink, even if starlink is basically another tax dollar subsidy play, at least there's a value proposition. The mission to mars thing is basically just hopium to keep the hype going, but their rocket tech is actually pretty fucking impressive on its own merits.

>>26021088
This is a pretty bad take that I have a feeling will not age well

>>26020559
Tesla is going to be the biggest company in the world. What don't you understand?

>>26021655
unless Muskyboy dies because hes getting fatter and unhealthier by the day

why do people auotmagically start babbling shit about SpaceX whenever someone (rightly..) points out, Tesla fundamentals suck dick?
As per OP, nothing to do with each other. Tesla is the bags he was trying to dump on Apple, until redditors jumped in headfirst.

>>26021655
but why

Their cars aren't profitable, their solar energy products aren't able to exist without government subsidy (the entire solar and wind industry is basically a scam, but thats a topic for another thread), they aren't the only ones with self driving car tech, or even the best self driving car tech, every single other vehicle company is coming out with their own electric vehicles (that they will sell exponentially more of for more profit than tesla). They do nothing unique or special as a company, and are outperformed in every category by basically every other major car manufacturer, yet their investor marketcap is as much as all of them combined. Tesla is basically just a pnd exitscam for elon and his family.

The one thing they can really be commended on, and that actually impresses the fuck out of me, is their marketing. They spend almost no money on it, but still have some of the most effective marketing I've ever seen, basically just using social media.

AI is the future
Tesla has the best AI

>>26021655
tesla is a company for redditoid faggots. never seen a bigger bunch of onions guzzlers.

>>26022255
but if tesla has the best ai why did google have a fully autonomous self driving car on public roads over a decade ago that went like 300000mi. without a crash until it was rear ended at a stop sign?

>>26022399
show me the google version of this
https://www.youtube.com/watch?v=dQG2IynmRf8

>>26020559
I deserved to lose money for investing in reddit stock

>>26022787
reddit hates Elon

>>26020559
imagine thinking any of that actually matters for the stock price anymore

>>26022062
1. Who has better self-driving technology than tesla?

2. Tesla cannot be compared to other car producers, because tesla does a lot in-house what other car producers outsource

Im a tesla bear, but I'm looking for arguments against these 2 points (as i cant refute them myself)

>>26022692
k

https://www.youtube.com/watch?v=TsaES--OTzM
oh and here's a blind guy "driving" one 9 years ago
https://www.youtube.com/watch?v=cdgQpa1pUUE

>>26020559
>Despite low sells
Who is going to buy a car in a lockdown?

I'm going to go short Tesla when it enters a downtrend that lasts at least a week, and I'm shorting GME calls right now because most of reddit will lose their money on that with 200% iv for sure.

>>26022835
The reddiors/ blue check marks hate the African. They live in the post primitive continent yet come to the west to get gibs either from the government or buy creating businesses

>>26022835
What was he replying to?

>>26020559
as long as the idiots keep believing the technobabble Eron spews they will keep buying the stock, regardless of price.

>>26022946
lots of people. Notice how tesla's sales are up 50% but still almost 30x less than GM. Yet they have a higher mcap than every single manufacturer ahead of them combined.

>>26021055

You are unironically retarded if you performing more commercial launches than any other provider while cutting the cost of orbital launch by a factor of 10 is "0 value added to the world"

Just how well do you think your shitty cell phone would work without satellites, you utter fucking mongreloid?

>>26021426
>huge potential
yes it only took a small fortune and like 5 years to bring back a spoonful of dust
im sure we will be mining tons of gold in no time

>>26022921
>inferior demonstration requiring much more expensive hardware
Nice edited commercial, if you didn't have the equivalent to my video why bother replying?
is this the power of coping with missing out on tsla's bullrun?

>>26023016
Someone defending (((journalist's))) integrity I think

>>26023125
Ya but the proof of concept is there. Also, it would most likely be more common elements like iron and nickel being mined and brought back

Here’s an idea.

>be a rich jew
>own controlling stock in legacy car company
>also own legacy media companies and have clout with social media giants
>buy tesla stock, which is very cheap
>use legacy car companies to develop the best self-driving electric car tech in the world
>now secretly give that tech to tesla
>all of a sudden the new kid on the block has the best tech
>le "what if you had bought apple in 1980" meme
>use ownership of/connections with old and new media to promote tesla
>time it so the final phase of promotion happens as the government is handing out trillions to retards
>profit

am i missing something here?

>>26022399
Didn't a googles car ram into some guy and the tranny they put in to "take control when a risky situation arises" was distracted?

>>26023231
kek hook, line and sinker.

Here's a more recent video, I was just setting the stage with the fact they had a 100% working concept over a decade ago, that was just held by legislation not allowing for driverless vehicles. skip to 1min in for the actual driving.

https://www.youtube.com/watch?v=__EoOvVkEMo

>>26020559
PE ratios no longer matter in 2021. People just invest in TSLA to beat the dollar.

>>26023394
watch >>26023419 there's no trannies taking over now, it doesnt need a driver anymore. But ya there was something like that.


https://venturebeat.com/2020/10/30/waymos-driverless-cars-were-involved-in-18-accidents-over-20-month/
>Waymo’s driverless cars have driven 6.1 million autonomous miles in Phoenix, Arizona, including 65,000 miles without a human behind the wheel from 2019 through the first nine months of 2020. That’s according to data from a new internal report Waymo published today that analyzed a portion of collisions involving the robo-taxi service Waymo One, which launched in 2018. In total, Waymo’s vehicles were involved in 18 accidents with a pedestrian, cyclist, driver, or other object and experienced 29 disengagements — times human drivers were forced to take control — that likely would have otherwise resulted in an accident.

The accident rate is still way lower than the average for people driving their own vehicles (I think the average person gets in an accident every 100k mi. or something like that)

>>26023435
>PEs no matter
https://www.youtube.com/watch?v=rblt2EtFfC4

>>26023419
Again, more expensive, less impressive demonstration.
It's okay, you seem to be retarded so will continue to stare on in befuddlement as tsla continues to moon and Tesla wins the self driving competition.

>>26023640
If you can't see that Alphabet is just going to take this tech and license it out to every other car manufacturer, you're delusional. GM, Toyota, Ford, Honda, Volkswagen, etc all sell exponentially more cars already, and the only reason they werent really investing into self driving car tech is because of legislation/legality issues in most places. Just look at how many fatal accidents involving tesla autopilot there have been, lol. Google's has millions of mi. on the road without a single fatality

>>26023928
>google has 1/1000 the miles driven
>implies it's impressive they have had less accidents total, while also only driving in one controlled area
what did this idiot mean by this?

>>26022835
Based /ourguy/ Elon, nice, just bought 100k worth of TSLA

>>26024060
my point is that what tesla is doing isn't new or unique, and they will be beaten on sales yet again by every other manufacturer. Just wait, almost immediately after self driving cars are actually legal to use outside of like 4 states (I think you can only use them in California, Florida, DC and Nevada), every manufacturer will have one on the market seemingly out of no where.

>>26021088
Checked, TSLA is the future for the sole reason that commodities tank when they're unable to be sold and oil is tanking pretty bad due to the corona. schizo take (my own) is that corona is used to facilitate global disinvestment from fossil fuels due to climate being fucked beyond current capacity to repair even with obtuce amounts of cloud seeding

>>26022835
actually pretty based.

I dont even hate elon, I just think tesla is insanely overvalued by delusional investor cultists

>>26024180

>>26022916
>self driving
it's a meme and doesn't even matter for the immediate future. tsla is stronk because of what it is bound to replace and how it's going to replace it (fossil fuels overnight and using vertical integration and complete automation of production)

>in house production
can't be refuted, it's their biggest selling point. once they get all the bugs ironed out it's game over for everyone else. they'll literally just push software updates and eclipse the competition on all continents

>>26024217
>shows other people things in an inferior and more expensive way
>seems to think that shows that Tesla will not win the self driving competition

>>26024267
if I hadn't lost all my money on shitcoins, I'd have put half of it in TSLA. I don't own a single share but I've been bullish on them since $180. There is simply no company in the world that is doing the things they're doing, from automating production to vertical integration to being free from their respective industry's sins and baggage. They're to car manufacturing as car manufacturing was to fucking horsebuggies

>>26023100
Cellphones use a network of local antennas brainlet

>>26024379
>Human rights campaign
>about gender pronouns in the bios
Journos should be all rounded up and shot

>>26024416
>tsla is stronk because of what it is bound to replace and how it's going to replace it
but it doesnt replace fossil fuels. creating the battery cells uses like 50x more fossil fuels than any car does.

>>26024435
>In January 2017, Krafcik said Waymo engineers were able to bring the cost of LiDAR down 90 percent from the industry norm of $75,000 for a single top-of-the-range LiDAR. In other words, Krafcik was telling the world that Waymo’s top-of-range LiDAR cost about $7,500.
https://techcrunch.com/2019/03/06/waymo-to-start-selling-standalone-lidar-sensors/

kek, uh-oh. You feel that sweaty feeling on the back of your neck and chest? That's fear and doubt.

>>26022062
>They do nothing unique or special as a company, and are outperformed in every category by basically every other major car manufacturer,

About the only thing you could say is they don't have legacy workers tying them down. (Pensions + Healthcare).
They still aren't really turning much of a profit.

That says a lot.

The Las Vegas Convention Tunnel thing is pretty much Ghana levels of shit
https://www.youtube.com/watch?v=9YXAJBh0TgE

Tesla model Ys with in car drivers....and tunnels so narrow you can't open the door to escape if anything goes wrong.
They want to replace the LV monorail with this shit....the monorail that was fully automated.

Don't forget about his absolutely stupid idea to rescue those kids stuck in the cave.

Tesla using cameras only is quite dumb along with rolling their own system. LIDAR is needed (countdown to racist cars hitting more black people (due to contrast problems)).

They should have never left NVIDIA
https://www.youtube.com/watch?v=1W9q5SjaJTc
https://www.youtube.com/watch?v=LTDPdp0WS3c

>>26023125
5 years to go into space and come back successfully is pretty impressive you fucking retard.

Some projects in crypto have small fortunes in investments and 5 years and 0 to show for it. Same for some tech companies

>>26024684
>creating the battery cells uses like 50x more fossil fuels than any car does
have you been listening to salty twitter bobos anon? these retards got short burned so hard lmao. don't listen to salty bagholders, it's all about the fundamentals and tsla has the fundies for where the world is going to. the pivot from corona to environmental shit will be immediate once 70% of the plebs get vaxxed

>>26023289
It proved that it's possible to bring back a sample. not that it's possible to mind anything economically. Space-gold would be by far the most expensive gold ever mined.

overvalued meme company

>>26021055
SpaceX is the reason ISS trips can occur on NA soil for the first time in decades

>>26022835
Imagine thinking naming the jew as media overlord is somehow anti-Semitic and not just a straight up compliment.

be me:
>leftist faggot in 2010
>finish college get good job
>oh fuck taxes what the fuck is this shit I worked my ass off and now I have to give up 25% to some retard who smoked weed playing video games
>inb4 reee not all 25% goes to niggers reeee only a small portion goes
>NONE OF IT SHOULD GO TO LEECHES
>/pol in 2016 because Trump
>become Nazi-lite
>I now specifically look for Jewish last names when hiring a doctor or accountant.

>>26025008
>make gold in a lab
>say it comes from space
>profit?

>>26022062
>their cars aren't profitable
How shortsighted anon. Full self driving is a data goldmine. Robotaxi's are a multi trillion dollar market. Their car will generate the company passive gains. Tesla insurance will make billions because they'll hardly ever have to pay out because they have the safest vehicles. Cybertrucks will become the workforce standard. We are just starting and your arguments sound like the opinions of a poor man

>>26026546
>Full self driving is a data goldmine. Robotaxi's are a multi trillion dollar market
They are, I completely agree with that, but you guys act like tesla is the only one doing this and the only company capable of it. As said before Waymo, owned by Alphabet ALREADY HAS AN AUTOMATED SELF DRIVING TAXI SERVICE. Its already up and running. It already exists. Its already happening. Its been happening for years already. You can pay for rides from them already in select locations, for about the same price as an uber, the only thing keeping them from expanding is legislation (which is
also keeping tesla back). You can just buy their sensors and attach them to any car to make it self driving. They have like 70+ self-driving car partnerships/investments as well.

>>26022916
1. Waymo, by far, A LOT

>is Tesla a good company?
Yes, it's incredible.

>is Tesla the leader in everything they do?
Of course not, but their full operation is still super impressive.

>is Tesla going to grow its operations and revenue?
Incredibly likely.

>is Tesla fairly priced?
Hell no, by at least a factor of 30x. Anyone buying it now is either betting on the positive feedback bubble or isna complete retard and future bagholder.

>>26020559
Is there even such a thing as a sell signal for this fucking stock anymore? Obviously it's a massive bubble and I suppose it has to pop but I've given up and predicting when that will be. Could be years at this point, if they can prop it up this long against all reason how are they going to be stopped?

Take a look at Teslas build quality and tell me unironically how they are going to be a leader in sales at some point in the future.
their cars are dogshit quality and at this point only brainwashed teslacucks defend them because muuh selfdriving muuh supercharger network and muuuh battery range

Guess what? Other car makers can also make the selfdriving shit, the charging networks are going to grow over time or they could even use teslas network if they wanted like elon himself pointed out and boom nobody is going to want a tesla unless they fix their shitty build quality which i doubt they will

>>26024229
yeah, dude, climates so fucked. nothing like this ever before. oh, god, what will humanity possibly do when some of the largest landmasses of the world will finally be livable.

>>26026725
If we are just talking stock then idk if I'd be buying now, but I bought in 2019 and have no plans on selling anytime soon. If your only argument is they have competition then I'm not disagreeing. But look at the adoption. Waymo is honestly a joke and tesla is growing exponentially with zero marketing. Its everyone vs Tesla. Adoption isn't going to happen by slapping sensors onto existing ICE vehicles. We are watching the transition from horse to the model T. Electric vehicles will be the standard and tesla is the electric vehicle standard. You have to be a mong to be betting against them at this point

>>26024831
i never said it's not impressive
not a strong reader i see
putting men on the moon being impressive doesn't equal that we will colonize anything in space anytime soon
just like landing a probe on an astroid and fly it back doesn't mean we can mine minerals within the next decades

>>26027754
how is waymo a joke when its been functional for way longer (and paved the way for a lot of the legislation changes in the few places where self driving cars are legal), has an autonomous taxi service currently up and running, and is selling sensor kits to basically any company to make their own self driving cars? It sounds a lot like how people said android was a joke at first compared to blackberry, then it took over the world when google basically just let every manufacturer use it. Blackberry could have realistically won the smartphone war if they adopted a similar mindset instead of trying to be exclusive.

This is how they do. They pour billions of dollars in r&d into stuff, make a good version themselves, then sell/license the tech to the highest bidder and let them run their business for them. Like, tesla is only going to have the self driving option on their cars, for about $10k extra, and Waymo charges $7500~, and it can be adapted for any car. Either way though, they're both dead in the water if legislation doesn't catch up quick.

>>26024664

>DURRR what is GPS/GNSS/AGPS
>DURRR how do my apps work without location services

Yeah I'm the brainlet...

>>26028606
I guess we just have to agree to disagree. Good luck anon

>>26020559
>>26021055
You don't get it. You just don't get it. Elon is taking reddibt normies for all they are worth while funneling funds to Mars colonialism(Mars Apartheid) while ALSO taking the government for a ride buy taking "green taxes" from rich (((bankers))) who didn't think anybody would do anything with the insane amounts of money that is generated through carbon taxes.

This man is single handedly destroying boomers, plebbiters, boomer fund managers and governmental tax fraud while building super Apartheid.

>>26028867
pretty based if true, not gonna lie

>>26021426
Antarctica and deep Sea mining comes first in terms of profitability.

>>26029268
>Antarctica
another reason for why we should push the climate to warm up a little more.

>>26020559
>>dependent on government subsidy for survival
they are guaranteed to moon then
they would only drop the price to buy back in.
Tesla will eventually take over the world.
Its the reason why they put him in the Marvel movie Iron Man

>>26022255
link to article covered by MSM?

>>26021426
>Asteroid mining
Elon shit, we have tons of resources on earth, which can be mined now.
It's just making something 1000 times more expensive for no reason.
Remember his underground tunnel solution for traffic?
>Muh Elon genius