“The P/E ratio is currently over 1,600. Investors would have to legitimately believe that Tesla’s future market cap will be $32 trillion?”
“The P/E ratio is currently over 1,600. Investors would have to legitimately believe that Tesla’s future market cap will be $32 trillion?”
Investors would have to legitimately believe that Tesla’s future market cap will be $32 trillion?
Investors are not looking at current profits, they are looking at potential profits in the future.
I assumed the writer was aware of issues like these and was simply using hyperbole to make a point.
By answering the question that was asked of him, and doing so in a reasonable manner?
Plumbers regularly buy $80k trucks and so do the people they work for. No one looks at the person behind the wheel and makes a buying decision based on that. No one sane and not suffering from Victorian era classism.
Autopilot is not their ridiculous “FSD” and isn’t really any different from any other company’s driver-assist tech. So, no, it doesn’t make the cars uninsurable. And go sit in a car with cloth seats and one with well-made pleather seats and honestly tell me the cloth is better.
Except that AP doesn’t allow you to drive at 105mph. And since AP was disengaged, but the car was steered around a bend successfully, it’s clear the driver was in control of the car for the entire clip.
How could you possibly assign blame in this instances to the autopilot? Take a second and count to FORTY. That’s the time the driver was under control, during which time they hit the gas BIG TIME, accelerating from 66 to 135. (more than 2x velocity). THEN hitting a car.
No. This driver wasn’t relying on Autopilot. He was testing the max speed on the car, risking life and jail time to do so. He was completely alert and aware of his reckless behavior.
The driver was inattentive, but had their foot matted to the floor at over 120mph? You don’t just end up going 120+ out of “inattention.” That’s a deliberate choice.
I’d love to pile on Tesla here, and blame their marketing gimmick nonsense Level 2 system.
Tesla will punish you and turn off auto pilot for the rest of the trip if you go over 92 MPH on highway. (street driving auto pilot is limited to 5 mPH over posted speeds) SO that being said anything over 100 Autopilot is completely off. I dont think this is anyone’s fault but the driver itself.
Exactly. Not on autopilot (for nearly a minute before the crash) and the driver’s foot was on the throttle. This is a bad driver story, not a Tesla story. The only reason we’re talking about it is because Teslas have cameras built in and they capture bad driver behavior and go viral.
You’ve just described race cars
Weight savings: Where? they weight more than BEVs.
Cleaner emissions: Where? they pollute more than BEVs.
Ease of refueling: Where? You can’t realistically refuel at home and its slower refueling than gasoline plus the pumps have high failure rates due to crazy high compression.
“Some of the issues are regulatory—Toyota told me there’s many stations in the Northeast that just can’t be open for legal reasons, and it’s still the case that in New York and New Jersey you can’t drive a hydrogen vehicle in a tunnel, which is, of course, a problem.”