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01-29-24, 12:58 PM

#1306

AMIRZA786

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Quote:

Originally Posted by bitkahuna

i can see that at some point, but i don't think yet.

remember steve jobs was FIRED by the company, replaced with a few TERRIBLE CEO's before he came back after the NeXT and Pixar adventures. apple even bought NeXT and sold Pixar to disney.

speaking of apple, in their great show For All Manklind, there's a musk like character doing amazing things in space... and he's quite erratic and out of the box too. fun to watch

i do think musk has way too much on his plate and i think he needs to pick 2 or 3 ventures, not a whole bunch. i also think tesla should not be some general AI company, because that will drag huge amounts of capital away from building cars.

Love that show, and love the Dev character

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01-29-24, 01:09 PM

#1307

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Quote:

Originally Posted by bitkahuna

i do think musk has way too much on his plate and i think he needs to pick 2 or 3 ventures, not a whole bunch. i also think tesla should not be some general AI company, because that will drag huge amounts of capital away from building cars.

This has strong potential to age about as badly anything I've ever seen posted here. Also Tesla's valuation is heavily based on this, which again confounds me why you own Tesla stock. Invest in just a car company not one that does energy, robotics, super computers and AI.

On capital, how much does Tesla spend on the AI aspect vs. building cars. Got a number?

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01-29-24, 01:25 PM

#1308

AMIRZA786

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Originally Posted by LeX2K

According to MarketWatch, they are expected to spend $10 Billion on Ai over the next two years

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01-29-24, 01:28 PM

#1309

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Quote:

Originally Posted by AMIRZA786

According to MarketWatch, they are expected to spend $10 Billion on Ai over the next two years

Got the source? We need Rob Mauer back he went over Tesla's financials with a fine tooth comb it was very helpful.

Last edited by LeX2K; 01-29-24 at 01:46 PM.

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01-29-24, 01:30 PM

#1310

AMIRZA786

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Quote:

Originally Posted by LeX2K

Got the source? We need Rob Mauer back he went over Tesla's financials with a fine tooth comb is was very helpful.

Actually let me correct that:

Tesla expects to spend over $10 billion on next-gen vehicles, AI products and other projects this year

https://www.marketwatch.com/story/te...-2024-4dace5e2

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01-29-24, 01:45 PM

#1311

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Thanks, that's total capex. AFAIK there is no way to separate just the AI aspect, there is an AI chip in every Tesla for example.

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01-29-24, 04:14 PM

#1312

bitkahuna

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Quote:

Originally Posted by LeX2K

there is an AI chip in every Tesla for example.

that's the kind of hype fodder for true believers. plus so does every iphone and android phone now so big whoop.

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01-29-24, 04:30 PM

#1313

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Quote:

Originally Posted by bitkahuna

that's the kind of hype fodder for true believers. plus so does every iphone and android phone now so big whoop.

Come on, you know better. Tesla has ASICs in every Tesla purpose built for FSD first iteration was designed by the legend himself Jim Keller. But hey as a Tesla investor and true believer yourself keep telling me all about how the company is nothing special lol. When Tesla solves FSD you're going to make a lot of money.

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01-29-24, 07:29 PM

#1314

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Quote:

Originally Posted by LeX2K

it's actually exactly like phones. teslas and phones are data collectors. the vast amounts of data collected into the cloud is crunched into small models for specific uses sent back into software that can fit in the cars/phones.

not dismissing the difficulty of fsd though... and beta 12.whatever is looking a lot better.

just wish a) it wasn't called fsd, and b) musk didn't say it will be final every year for the last several years.

a big problem with the hype around fsd though is that it may well already be factored into the stock price.

so at some point, let's say fsd is reliable. first off, you know a ton of drivers still won't 'trust' it. second, are people really going to allow their cars to be used as driverless ubers as has been claimed? i know i for one would say hell to the no.

having said that, if uber themselves could launch a fleet of driverless cars it could make them a ton of money.

i personally would love to have a reliable fsd though for long trips at least.

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