Reply to Is $TSLA a buy here?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]But no one will choose a Tesla robotaxi now.  They are toast.[/quote]

No one will choose one because their technology literally does not work. They tried to do it without lidar and it can’t operate. I would give odds of a thousand to one that they will not be on the roads in June.[/quote]

The funniest part to me about the robotaxi idea is that even if the cars fundamentally work and people are comfortable taking them, who is going to own the cars?  We are talking hundreds of thousands of cars across just the US alone.  That's a massive capital investment- and the reason folks like Uber/Lyft have any value is that they don't have to make the capital investments, they get their cut of ride revenue and that's it.  It's a completely different business owning and managing fleets, the capital costs, repairs, etc.  All of that right now flows downhill to the drivers to manage individually. Does Uber really want to be in the business of having billions of dollars of cars on their balance sheet?  I wouldn't want that if I were one of their investors.[/quote]

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