Australian (ASX) Stock Market Forum

TSLA - Tesla Motors Inc (NASDAQ)

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mullokintyre said:
I have to admit I was a Musk sceptic, but you cannot doubt the guys visionary thinking.
he surrounds himself with scientists, engineers, techs and software guru's who share the vision and thus turn it into reality.
And this is just one plant.
Mick


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using startup thinking and methods on an industrial scale, I somewhat doubt it would be CFMEU or even the average Australian worker cup of tea...
 
If Tesla can pull off FSD in 2025 and robotaxi services start up, the SP will be a nice sight to see. Time will tell all.

Tesla Released Full Self-Driving v13.2, A Step Closer To Robotaxi Commercialization In 2025​

​
By Tasha Keeney, CFA & Daniel Maguire, ACA | @ARKInvest
Autonomous Technology & Robotics Team​
Last week, Tesla released the latest version of its autonomous Full Self-Driving (FSD) software, v13.2, to a limited number of external customers. Building on v12's transition to end-to-end AI earlier this year, v13.2 introduced several enhancements, including FSD parking at the start and the end of journeys and driving in reverse. Its Cortex cluster in Austin has increased Tesla’s training compute power by 5x,2 optimizing the performance of FSD v13.2 in vehicles with Tesla’s AI4 computer chip and higher-resolution video inputs. According to user videos showcasing zero-intervention drives, early feedback is that v13.2 has resulted in much smoother rides.

FSD v13.2 is a major step toward Tesla’s goal to launch a robotaxi service in California and Texas next year, aligning with ARK’s estimate, as shown below.

Next year, Tesla predicts that the new model will extend miles between critical interventions, achieving a rate better than the national average of ~670,0007 miles between human accidents—a ~700x improvement over the widely released FSD v12.5,8 according to our estimates. While surpassing this milestone is not a prerequisite for Tesla’s robotaxi launch, it should save lives, enhance conversations with regulators, and lower the costs associated with remote human operators. We look forward to tracking FSD’s progress as Tesla moves closer to robotaxi commercialization.

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Completely blew through where I thought we might find resistance. This is looking like a classic Christmas rally across tech. Thoughts on shorting just before January?

Tesla seems to be all good news at the moment. I thought it was expensive round $400 at this time. But it's really moving.
 
moXJO said:
Completely blew through where I thought we might find resistance. This is looking like a classic Christmas rally across tech. Thoughts on shorting just before January?

Tesla seems to be all good news at the moment. I thought it was expensive round $400 at this time. But it's really moving.
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I'm not a shorter, but if I was, I wouldn't be shorting Tesla yet. But in January? Not sure about that either, it will come down to a few factors; Trump's EV rules, FSA regulations, the new cheaper model that is on the books, China sales.


Tesla Stock Closes At New Record High As Shares Surge 6%

Key Facts​

  • Tesla’s stock closed Wednesday up nearly 6% at $424.77, surpassing the stock’s previous record close of $409.97 set on Nov. 4, 2020 after shares surged as high as $424.88, eclipsing an intraday record of $414.50 set the same day.
  • The stock has traded in the green in seven of the eight trading sessions so far this month, with shares up by more than 20% in December as of Wednesday.
  • This month’s rally follows optimism from several analysts last week, after the investment firm Stifel elevated its price target for Tesla from $287 to $411, the highest of all 45 Wall Street price targets tracked by FactSet.

Tesla shares jump to record high

Tesla China said late Tuesday the automaker sold 21,900 electric vehicles in the world's second largest economy for the first week of December, its highest weekly sales for the fourth quarter of this year.
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It's a dangerous game. Decent returns when you get it right. Problem is that chart might be halfway into a parabolic run. I just think it's started too early.

It can go to $1000 ($3trillion cap), but it would have to be dominating in multiple industries AI, Robotics, auto, energy. It's got plenty of potential to get there. I just think it's overrun it's mark.

If it hits $500 I'll be crying though. Means my target was right off and I'll have to adjust.
 
GM pulling out of a the FSD race, and BMW management is impressed with Tesla’s FSD.

In a relatively surprising move, GM announced that it is realigning its autonomy strategy and prioritizing advanced driver assistance systems (ADAS) over fully autonomous vehicles.

GM is effectively closing Cruise (autonomous) and focusing on its Super Cruise (ADAS) feature. The engineering teams at Cruise will join the GM teams working on Super Cruise, effectively shuttering the fully autonomous vehicle business.

End of Cruise​

GM cites that “an increasingly competitive robotaxi market” and “considerable time and resources” are required for scaling the business to a profitable level. Essentially - they’re unable to keep up with competitors at current funding and research levels, putting them further and further behind.

Cruise has been offering driverless rides in several cities, using HD mapping of cities alongside vehicles equipped with a dazzling array of over 40 sensors. That means that each cruise vehicle is essentially a massive investment and does not turn a profit while collecting data to work towards Autonomy.

Cruise has definitely been on the back burner for a while, and a quick glance at their website - since it's still up for now - shows the last time they officially released any sort of major news packet was back in 2019.

Competition is Killer​

Their current direct competitor - Waymo, is funded by Google, which maintains a direct interest in ensuring they have a play in the AI and autonomy space.

Interestingly, this news comes just a month after Tesla’s We, Robot event, where they showed off the Cybercab and the Robotaxi network, as well as plans to begin deployment of the network and Unsupervised FSD sometime in 2025. Tesla is already in talks with some cities in California and Texas to launch Robotaxi in 2025.

GM Admits Tesla Has the Right Strategy​

As part of the business call following the announcement, GM admitted that Tesla’s end-to-end and Vision-based approach towards autonomy is the right strategy. While they say Cruise started down that path, they’re putting aside their goals towards fully autonomous vehicles for now and focusing on introducing that tech in Super Cruise instead.

With GM now focusing on Super Cruise, they’ll put aside autonomy and instead focus solely on ADAS features to relieve driver stress and improve safety. While those are positive goals that will benefit all road users, full autonomy is really the key to removing the massive impact that vehicle accidents have on society today.

In addition, Super Cruise is extremely limited, cannot brake for traffic controls, and doesn’t work in adverse conditions - even rain. It can only function when lane markings are clear, there are no construction zones, and there is a functional web connection.

The final key to the picture is that the vehicle has to be on an HD-mapped and compatible highway - essentially locking Super Cruise to wherever GM has time to spend mapping, rather than being functional anywhere in a general sense, like FSD or Autopilot.

Others Impressed - Licensing FSD​

Interestingly, some other manufacturers have also weighed into the demise of Cruise. BMW, in a now-deleted post, said that a demo of Tesla’s FSD is “very impressive.” There’s a distinct chance that BMW and other manufacturers are looking to see what Tesla does next.

It seems that FSD has caught their eyes after We, Robot - and that the demonstrations of FSD V13.2 online seem to be the pivot point. At the 2024 Shareholder Meeting earlier in the year, Elon shared the fact that several manufacturers had reached out, looking to understand what was required to license FSD from Tesla.

There is a good chance 2025 will be the year we’ll see announcements of the adoption of FSD by legacy manufacturers - similar to how we saw the surprise announcements of the adoption of the NACS charging standard.
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www.notateslaapp.com

Is Tesla Close to Licensing FSD? GM Quits Cruise, BMW Praises Tesla

GM kills Cruise and their autonomous vehicle ambitions, says Tesla's approach is the correct way towards full autonomy.
www.notateslaapp.com www.notateslaapp.com
 
For me, this is a form of gambling, but it does seem to have merit if you're a punter of normal gambling dens.

 
I was expecting Tesla to go back down to the $300 range. But there might be a short term trade in here. Surely this isn't off the cybertruck bombing. It's possible we get back to the $400s quickly. This kind of incident is a blip black Swan.

Funnily enough I was expecting something to kick off a downturn. Ideally I want somewhere $280ish but honestly I haven't looked at a chart and that's a big ask.
 
Tesla negative right now are all short term stuff.
He p1ssed off the right wing supporters.
Left is physically after him.
Possible trade tariffs (this is the big unknown).
Elon is a large political target now.
Cybertruck bomb everyone just thinks a cybertruck exploded by itself. I had to explain to about a dozen people.
 
moXJO said:
Tesla negative right now are all short term stuff.
He p1ssed off the right wing supporters.
Left is physically after him.
Possible trade tariffs (this is the big unknown).
Elon is a large political target now.
Cybertruck bomb everyone just thinks a cybertruck exploded by itself. I had to explain to about a dozen people.
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The use of a Tesla truck shows the IQ of the terrorists involved. The cyber truck has been advertised as bomb proof, anyone with half a brain should have realised that that would mean the explosion would be contained.

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Bellcose said:
He was a serving Green Beret of the US Armed Forces.
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Yes, and that opens a whole lot of questions. Was he blackmailed, mentally unstable, high on mind altering substances, brain dead, training?

EDIT:

Soldier ‘shot himself in the head’ before blast​

Police have revealed the man who was killed during an explosion in a Cybertruck outside Trump Las Vegas hotel was found with a self-inflicted gun wound.

 
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JohnDe said:
Yes, and that opens a whole lot of questions. Was he blackmailed, mentally unstable, high on mind altering substances, brain dead, training?
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Damaged . How many vets go nuts, quite a few. Especially in the USA.

Mental health: 1 in 5 veterans have symptoms of a mental health disorder or cognitive impairment. PTSD is more common among veterans who deployed, and veterans who use VA health care.

Substance use: 1 in 6 Iraq and Afghanistan veterans have a substance use disorder. More than 2 in 10 veterans with PTSD also have a substance use disorder.

Homelessness: One in ten U.S. veterans has experienced homelessness.

Incarceration: 181,000 veterans are incarcerated in U.S. jails or prisons.

Transition: Transitioning back to civilian life can be difficult. Veterans may struggle to find a purposeful life through employment, service, or education.
 
Yes it does raise questions. As a result it is better that as we know nothing not jump to conclusions which is an apparent tendency for some.

However, given the recent Royal Commission into Defence and Veteran Suicide, it is possible the conclusions reached may also apply to veterans of other countries defence forces. Now there's a novel thought.
 
Bellcose said:
Yes it does raise questions. As a result it is better that as we know nothing not jump to conclusions which is an apparent tendency for some.

However, given the recent Royal Commission into Defence and Veteran Suicide, it is possible the conclusions reached may also apply to veterans of other countries defence forces. Now there's a novel thought.
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I don’t see anything wrong with concluding that the bomber was an idiot.
 
Bellcose said:
An expert in PTSD and depression are you?
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I don’t care what the excuses are. Anyone planning and carrying out murder and destruction is an idiot. And anyone looking at rational reasoning for it is also an idiot.

My original point & post still stands.
 

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