I'm With Stupid
Well-Known Member
- Joined
- 6 May 2013
- Messages
- 23,079
I was watching this video earlier, not specifically about Tesla, about the number of failing companies buying up massive amounts of crypto as a way to boost their stock prices, with investors, for some reason being willing to pay well over the odds for shares in a company rather than directly buying Bitcoin themselves.Tesla are screwed 6-ways from Sunday.
The company is led by Musk - who is now, clearly, far right wing; how many far right-leaning people give a shit about climate change and would be motivated to purchase an electric vehicle? The dislike for Muck among potential purchasers of Tesla is massive - sales are plummeting.
Then, there's the Tesla technology for automated driving - which is shit. It's based on cameras only - and cameras can't see through fog, or very bright lights or other conditions - making the AI using this input prone to error.
Virtually every other electric vehicle with assisted/automated driving technology uses lidar (similar to radar but uses light waves instead of sound waves) coupled with cameras to provide much better input to the AI, resulting in far safer performance.
Then there's the Tesla Cybertruck; it's a Cyberfuck-up. Big time! Glued in panels that fall off. Windshield wiper motor failures. Fingerprints and smudges on the exterior of the car making it difficult to maintain a clean appearance. Which are all on top of the problems mentioned above.
Finally, Tesla's Robotaxi pilot rollout in Austin Texas was a huge failure - because their automatic driving hardware (no lidar) and software are not up to the task.
But yeah, it reminds me a lot of Tesla, whose share price seems to bear little relation to the success or otherwise of the company. Anyway, what could possibly go wrong? I'm sure it won't cause yet another global financial crash or anything.
