Tesla - Fake it until we make it

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leafsheep

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leafsheep
Sep 27, 2020 46 Comments

How is Tesla able to do this? Claiming that they can reach level 5 autonomy in 1 - 2 years while using only cameras. Everyone in the industry knows that they're a joke and is only good at making fake promises, and yet Wall Street turns a blind eye and just keeps on buying into their BS. A crash in coming?

#tesla

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TOP 46 Comments
  • The market can stay irrational longer than you can stay solvent
    Sep 27, 2020 2
  • Google
    lololg

    Go to company page Google

    lololg
    I've been thinking the same for 5 years, and TSLA just keeps doubling every year or so

    Often times there's no logic to the stock market, or politics, or many other things in life
    Sep 27, 2020 3
  • Lol seems you bought puts for tesla and you got mad since they are going up instead of down
    Sep 27, 2020 0
  • Microsoft / Mgmt
    BedlamBar

    Go to company page Microsoft Mgmt

    BIO
    I've passed FAANG interviews and worked at a major tech companies. I'm happy to help coach people switch jobs or get promos, for a fee. Fwiw, I'm good at it.
    BedlamBar
    I didn't realize we had so many self driving experts on blind...

    I'm not sure there's evidence that cameras *can't* do it. And using cameras has so far resulted in the best experience I've tried, every year. So, if it's making the most progress, it at least deserves your respect and optimism.

    Stock prices in general are another thing. Many many, including Tesla, do feel super overvalued.
    Sep 27, 2020 2
    • Argo AI
      Elon Musk🤖

      Go to company page Argo AI

      Elon Musk🤖
      There’s plenty of evidence. The easiest argument is that the dynamic range of the cameras on Teslas pales in comparison to human eyes. Ex: Tesla is never going to solve bright light in a tunnel or dark roads with bright headlights.
      Sep 27, 2020
    • Tesla
      cybrtrk

      Go to company page Tesla

      cybrtrk
      @Argo - your responses are going to be biased because you work at a company that retrofits cars with expensive self driving hardware. My answers are going to be biased because I work at Tesla and see the progress that is being made on a daily basis. However, neither of us can say definitively which solution will or will not work. You guys haven’t figured it out yet and neither has Tesla. We will have to wait and see who ends up being right, but it’s silly to say that any one approach isn’t possible.
      Sep 28, 2020
  • eBay
    huk

    Go to company page eBay

    huk
    Only using cameras. What the hell are you talking about? They have best data in the industry so if anybody was to reach level5 autonomy it would be them and nobody else. If that wasn’t enough they produce superior cars than their competition at any price point.
    Do you think it’s more likely the market being completely dumb or you completely not getting Tesla’s business. I would say the latter.
    Sep 27, 2020 4