Tesla share price

webjaved

$TSLA share price lately has been crazy - haha! Can we see another increase today?

AnotherJoe

Thrugelmir said:

AnotherJoe said:

Thrugelmir said:

veryintrigued said:

Thrugelmir said:

Musk must be smoking something. 
Not a stock for widows or orphans. 

Any other good tips for us?

:-)

Does Tesla now finally have competition in market place in the form of the VW ID3?   Quality German engineering vs US innovative technology.

PS. I leave tipping to the speculators. Prefer sensible observation myself to playground antics. 

Current feedback from VW on ID.3 sales is very disappointing in that its down from their forecasts about a year ago.

 

Only just been lauched in a number of European countries. 

The whole reason they held back and stacked up cars in fields and warehouses was (so they said) they could launch across 30 European countries simultaneously without a backlog and long waiting lists. If you do the maths, after the initial surge (which seems to have been about half what they said, eg they initially said 30k day one orders (which turned into 15k sales), ongoing sales the last two months have been pretty low.

The ID.4 is getting a lot of good press and also seems to be a good price, maybe the 3 just doesn't cut it when compared to its Euro rivals. The Zoe 50 for example is selling like hot cakes despite being just a face lift on an old model and that must be taking business from the ID.3. Theres not much competition in that segment yet, the Audi, Merc. Jag equivalents are about £20k more. .... (with one exception the Polestar)

They better hurry up though the Y is coming.

Gadfium

Cus said:

Username999 said:

I wonder what the fair value of the 3 billion mile plus of data collected by Tesla in the last decade is.
Some value it at over $1 trillion.
Not yet fully in the share price IMHO. 

I never understand this angle. There are millions and millions of smart phones out there storing the same data, vastly more than the number of Teslas, and these smart phones also go wherever the user hold its, not just in a car. And they store more info about the user. So if the Tesla value of data is $1 trillion, the phone date is 1000s more valuable.

Mobile phone tracking, whilst incredibly power and intrusive is not the same as the data that Tesla is collecting. In fact, the data that Tesla is collecting is not nearly as important as their ability to interrogate that data and use the outcomes to train the neural networks that power the FSD algorithms.

Have a watch of this (though you may need to slow the video down). It's fascinating the way that they are able to poll the fleet, ask it to find examples of say a Stop sign, and then use that to improve the real-time vision of the fleet. That is where the power comes from. Not the data itself, but how the data can be interpreted and fed back in to educate the neural networks that sit in the computational stack.

https://youtu.be/hx7BXih7zx8

Gadfium

Username999 said:

Once you have identified a Stop Sign and stored it's location in the database, job done?
I mean any Tesla now knows where it is, doesn't matter if it is obscured.
There's one at the end of a road near me that is covered up in Summer by tree leaves, but I know it's there.
You could do away with all traffic signs one day, including traffic lights, if their location and state is in a database and self driving cars were connected to that database.
An application for the "Internet Of Things" maybe?

No, though that the approach taken by some people trying to crack the autonomous driving nut. They are trying to map the roads with sub-centimetre accuracy. The problem with that approach is what happens when something changes? Road works, temporary speed limits and so on.

Secondly, what happens when the car is presented with a road that hasn't been mapped?

The Tesla approach is through real-time machine vision, tagging and identifying what's around the car and then making decisions on what the car sees. Thats the way that humans drive....we learn (some better than others) the rules, we learn to identify the important things in our vision (stop signs, parked trucks blocking the way and so on) and we react to those things.

https://twitter.com/i/status/1327701134904070144

AnotherJoe

Username999 said:

Once you have identified a Stop Sign and stored it's location in the database, job done?

No, for reasons explained by Gadfium.

I mean any Tesla now knows where it is, doesn't matter if it is obscured.
There's one at the end of a road near me that is covered up in Summer by tree leaves, but I know it's there.
You could do away with all traffic signs one day, including traffic lights, if their location and state is in a database and self driving cars were connected to that database.
An application for the "Internet Of Things" maybe?

There was a short period recently where Tesla's were sometimes interpreting Burger King (or a similar brand) signs as stop signs and some on-the-ball marketing wonk at the company actually put a campaign together on the lines of "why dont you stop for a Burger King".

Gadfium

The current Autopilot (not FSD) and TACC sometimes gets confused by speed signs on buses and trucks. You know the ones.."This vehicle is limited to..."

There currently is a major rewrite of the FSD code available to a few testers in the US (I linked to one video earlier) which looks to be a major advance on the current FSD.

Here's a view from another company (Mobileye) and it shows what is capable. Mobileye uses hi-res maps and machine vision. Pretty damn impressive!

https://www.youtube.com/watch?v=kJD5R_yQ9aw

Gadfium

AlanP_2

Let's hope Tesla automated cars don't subscribe to the BMW driver model of "the Highway Code is an optional extra" 

Gadfium

TSLA has broken through $500

Thrugelmir

Still hasn't received the neccessary building permits.