P/E 250, suggesting long term revenue or profit will be at least double current level, -11% YoY revenue.

Make it make sense.

I am an casualty actuary. We are praying for self driving car to go mainstream sooner than later. When we look at data, the computer does a really good job.

Once self driving car goes mainstream, if you are human driver your auto insurance rate will be so high that you will have no choice but to give up your car.

Anonymous wrote:I am an casualty actuary. We are praying for self driving car to go mainstream sooner than later. When we look at data, the computer does a really good job.

Once self driving car goes mainstream, if you are human driver your auto insurance rate will be so high that you will have no choice but to give up your car.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
^ Tesla self driving is now about to introduce version 14. Version 13 is pretty darn good so I imagine version 14 will be really good.

https://www.pbs.org/newshour/economy/u-s-opens-tesla-probe-after-more-crashes-involving-its-so-called-full-self-driving-technology

"dozens of incidents in which its vehicles ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and injuring people."

Sounds amazing!

Not a fan of Tesla's junk cars, but how does Tesla crash rate compared to non AI cars?

Anonymous wrote:

Anonymous wrote:
^ Tesla self driving is now about to introduce version 14. Version 13 is pretty darn good so I imagine version 14 will be really good.

https://www.pbs.org/newshour/economy/u-s-opens-tesla-probe-after-more-crashes-involving-its-so-called-full-self-driving-technology

"dozens of incidents in which its vehicles ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and injuring people."

Sounds amazing!

Anonymous wrote:
Anonymous wrote:

^ Tesla self driving is now about to introduce version 14. Version 13 is pretty darn good so I imagine version 14 will be really good.


https://www.pbs.org/newshour/economy/u-s-open...f-driving-technology

"dozens of incidents in which its vehicles ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and injuring people."

Sounds amazing!


Also, I love the term:

"Full Self Driving (Supervised)"

which is like saying:

"I can throw a baseball 95 mph (really 50 mph)"

Anonymous wrote:
There are no ICE cars that are fully self driving and probably won't be. That might be the more significant factor driving EV purchases in the future.

Once you have self driving, there is no going back. It's a true gift. I never thought I would be paying for it, but here I am paying for it and really enjoying the stress that has been taken off me. I use it every single time I go out in the car now whether it's a trip to the store or a 5-6 hour trip. It's life changing.

Anonymous wrote:

Anonymous wrote:
^ Tesla self driving is now about to introduce version 14. Version 13 is pretty darn good so I imagine version 14 will be really good.

https://www.pbs.org/newshour/economy/u-s-opens-tesla-probe-after-more-crashes-involving-its-so-called-full-self-driving-technology

"dozens of incidents in which its vehicles ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and injuring people."

Sounds amazing!

Anonymous wrote:
^ Tesla self driving is now about to introduce version 14. Version 13 is pretty darn good so I imagine version 14 will be really good.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Electric Vehicle stocks are “buy and hold” stocks. The writing is on the wall: the younger generation, when they get political power in about 10 years, will insist all government and government contractor vehicles operating in an urban area must be electric.

These people, indoctrinated by our schools that fossil fuels are killing Mother Goddess Earth, will pass every law they can to make EVs the de facto vehicle to drive.

TSLA is a stock that could very well hit $900 a share. Then again, if Elon quits/retires/dies, mismanagement could cause it to crash into the teens or 20s.

It is your responsibility, like those who owned Kodak stock back in the day, to keep abreast of the technology and trade accordingly.

You and your weird politics. EVs are just a car not some life altering political thing. Who brainwashed you?

Tesla will not be around in ten years. Their products has been surpassed by other manufacturers. There is no way for them to catch up to the other manufacturers.

The reason EVs will be 75-85% of the market in ten years is because EVs are superior to ICE cars for 75-85% of the users. The new model EVs coming out in 2 years will have ranges in the 600-700 miles with charging taking under 15 minutes. They will also cost about 1/4 to 1/2 the price of an ICE. Seriously self driving car with lidar/camera technology is already standard on the majority of Chinese EV cars cost $15,000 or more. Tesla said it could not be done because it would be too expensive. Price will determine what type of car people drive. EV take 1/2 the labor hours to manufacture.

The battery battle happening oversea will determine the future winners and losers in the automotive sector. Will solid state or lithium batteries win out? Both types have a long way to go before reaching their technological maximum efficiency. Right now the only way to improve ICE cars is to have the gas engine power electric motors. The ICE is at its maximum technological efficiency.

No laws need to be past forcing people to drive EVs. What will happen is the younger generation will just choose EVs. We have ICE Porsche and electric car. My kids fight to drive the EV. They take it on trips where I would have range anxiety. They have learned to drive on EVs and a really nice high end Porsche. They think the Porsche is sluggish, noisy, dirty and hate going to the gas station. The Chinese EV are taking over the developing world. There people buy EVs as their first car and are learning to drive on EVs.

97% of the people who own an EV will not go back to an ICE.
.

We are in agreement: young people will overwhelmingly choose an EV but I disagree regarding TSLA. It may merge or get bought out (by Chrysler-Fiat?) but I doubt go BK.

I expect to see legislation passed that all new homes be built with an EV charger—that would increase their use. It is the main reason I do not own an EV; I am unwilling to have the electrical work done on my home, which would be awkward and expensive.

There is indeed a political thrust to end or severely limit vehicles powered by gasoline, diesel, and bio-fuels. (AFPM, “Gas Car Bans & Electric Vehicle Mandates”):

EPA’s light duty vehicle regulation, CAFE standards, and California’s ACC II regulations to ban gas and diesel cars by 2035.

This is why liberals/progressives are so despised by the majority of the country: they are little tyrants wanting to dictate what people can eat, drive, or speak, and they do it by apparatchiks in unelected bureaucracies.