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| ▲ | Balinares 6 hours ago | parent | next [-] |
| I think it was the FT that observed about a year ago that even as institutional investors were pulling away from US equities, retail investors (redditors, if you will) were filling in the gap quite enthusiastically. (You know, "Buy the dip!! " and brethren.) I don't know to what extent that's still the case. But someone always ends up with the hot potato no matter what. |
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| ▲ | ActorNightly 6 hours ago | parent | prev | next [-] |
| Its not bizzare. Retail investors can no longer compete with big banks, who pretty much set the stock price. Elon solidified this with DOGE by removing oversight of such things. At this point, investing is exacly like playing slots at casino. |
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| ▲ | 2muchcoffeeman 9 hours ago | parent | prev | next [-] |
| It’s being valued on the hope that they will crack full self driving. People still believe they will crack it. |
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| ▲ | cedws 7 hours ago | parent | next [-] | | Meanwhile Waymo has actually cracked self driving, and is operating a fleet of taxis. Tesla said they were going to do this at least as far back as like 2018, and still aren’t. They’re being beaten on every front. | | | |
| ▲ | brightball 9 hours ago | parent | prev | next [-] | | Have you tried FSD on a HW4 model recently? | | |
| ▲ | Deklomalo 8 hours ago | parent [-] | | And? FSD is good in video, given. But its not full self driving as it still requires you to keep an eye on it. Real FSD for me at least, means I can sit in a 'car' open a laptop and work. But honestly working with a laptop in a car makes it dangerous when driving fast. For my work commute, I don't need a FSD. For my holiday also not. What I want is real and save FSD something which has proofen on the road that it is really really good. We are far away from this. 5 years minimum if not 10. And while Tesla is playing around with FSD and putting it now behind a subscription and fooled everyone with the promise of FSD with HW3 and below, it will not suddenly make Tesla the single leader in FSD at all. Waymo is working on it, Xpeng can do it, BMW, Mercedes and Nvidia. For Cybertaxies alone you need a lot of infrastructure (parking spots), cleaning crew, management software etc. you need the legal framework to be allowed to drive them (not going to happen anytime soon in europe) and then you only compete with normal taxis and uber. | | |
| ▲ | FeloniousHam 5 hours ago | parent | next [-] | | > Real FSD for me at least, means I can sit in a 'car' open a laptop and work. Sure. Meanwhile, I'm literally using FSD 90% of the miles driven in my Y (the last update added a counter). I can appreciate a non-existant better product as much as the next guy, but as it is my daily commute is vastly improved. FSD isn't perfect (probably about 90%!), but it's everyday amazing and useful. | | |
| ▲ | brightball an hour ago | parent | next [-] | | Yep. If anything the only complaint is that it can be “too safe” when I might personally be more aggressive making a turn for example. Last time I went 5 hours to Raleigh and back I let it drive door to door and it was incredible. | |
| ▲ | Deklomalo 5 hours ago | parent | prev [-] | | And for what exactly? What did it do to your commute? how long do you commute? What do you do know why sitting in front of your stearing wheel? I listen to music and audibooks and I would not have a device between me and the airbag. |
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| ▲ | slfnflctd 5 hours ago | parent | prev [-] | | > open a laptop and work I'm still convinced we are going to need dedicated roads - or lanes at the very least - and dedicated parking/waiting areas for this to be feasible on a truly large scale. However, it may be easier than we think-- they've already done something like this for rideshare drivers in many places, and it wouldn't necessarily need to be much more complicated than that. |
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| ▲ | johnthewise 8 hours ago | parent | prev [-] | | It's more of a bet on the optimus | | |
| ▲ | piva00 5 hours ago | parent | next [-] | | Isn't that an issue as well? It's always a bet on the next promised land which never arrives, the goalposts change but the stock never takes a hit from undelivered promises, it's bonkers. | |
| ▲ | cedws 7 hours ago | parent | prev [-] | | Optimus looks like a joke compared to the robots China has developed like Unitree. |
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| ▲ | KptMarchewa 7 hours ago | parent | prev | next [-] |
| Once they actually start bleeding money they will go down. |
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| ▲ | HWR_14 7 hours ago | parent | prev | next [-] |
| > would have never expected to see a cult of personality being run on the top of S&P 500 market caps, Steve Jobs had a cult of personality as well. Of course Apple had financial reasons to support its valuation when he was leading it in the 2000s |
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| ▲ | piva00 5 hours ago | parent [-] | | But Apple under Steve Jobs had all the financial numbers to support it, it wasn't valued solely on Steve Jobs' personality, the products were there, and being loved by consumers. Revenue wasn't dipping while the stock was going up, revenue, market share, profits were consistently on the rise. |
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| ▲ | sekai 6 hours ago | parent | prev [-] |
| The most successful meme stock in history, all driven by - "coming soon" |
