>Tesla has a safety record that’s not unimpressive compared to the 36k people who die every year even though their failures have been more public and newsworthy. Their stats have been relatively objective.
They haven't released a detailed deep dive on their statistics, other than some definitions of what counts as a crash. This is from the company headed by the "funding secured" guy. Elon is clearly willing to lie if he believes that it will serve his interests or mission.
Even if we accept their safety stats at face value, Tesla is getting ready to launch a new feature - "Full Self Driving" - which behaves substantially different from autopilot and has a much different operating design domain and intended functionality. They've had close to 2k internal testers and O(100) external testers of "Full Self Driving" for about a year - nowhere near enough time and data to get the same level of confidence they have for autopilot. Add on to this that it will operate in environments that are substantially more accident prone than highway driving or clearly marked single lane roads, and you can see why regulators might be worried by a larger rollout.
>This is from the company headed by the "funding secured" guy.
Even worse he's the guy willing to falsely accuse someone of being a child rapist because that person pointed out he had simply tried a publicity stunt that failed, badly, and his tech solution to a cave rescue with a huge media focus was actually worse than useless.
In other words when correctly and honestly called out for sprouting bullshit Musk goes fully delusional in the nastiest way possible. It's pretty worrying behaviour. He may well go on to do amazing work, i don't know either way on that and I don't have to have an opinion on it either. Surely nobody sane would never trust his word on anything for any purpose ever again after that display. I'd expect from a five year old.
There’s a pattern of deception on his part that is way more regular and extends beyond that insult that can’t be attributed to Asperger’s - I didn’t event mention the pedophile insult in my parent comment.
> In the short term the market is a popularity contest; in the long term it is a weighing machine
Warren Buffett
Elon is undoubtedly skilled at driving up hype - the popularity contest part. As for long term - Tesla themselves claim they never plan to pay dividends.
Your argument in non-sensical - how are retail investors are good judge of character or safety when they can't even judge financial performance?
80% to 95% of retails traders/investors lose money in the stock market.
When Elon tweeted 'use Signal' (the app) they bought shares of 'Signal Advance' and it soared 400%, a totally wrong organisation. Then there is GME and many other stories. Obviously they are free to do what they want with their money, but are these the people you would trust with, well, anything?
To be fair, though, holding a position is really only an indication that you believe in the position — not in the company itself. If you think Elon Musk tweeting “use Signal” will send a speciously-related stock soaring, it makes sense to buy that stock!
> how are retail investors are good judge of character or safety when they can't even judge financial performance?
[Citation needed]
Price discovery is a primary function of a financial market. TSLA is widely held and highly valued. These are facts. The burden is on you to refute this and general platitudes and whataboutism doesn't cut it.
I'd go so far to bet that 85-95% of long term TSLA investors have made money, not lost it. Guess who's leading TSLA?
Is your premise here that retail investors are sharper than professionals? The two groups, on average, tend to have very different opinions of Tesla stock.
Is your premise institutional investors are not bullish on TSLA? Short interest is under 4%, and the company is one of the largest by market cap in the world.
Parent was suggesting no one should trust Musk, due to a few Twitter lapses.
My premise is that given the breadth, and depth of people investing in Musk's companies, there may be more to the story.
Look, if 85% retail investors loosing money does not convince you that they can't judge financial performance, then I probably can't convince you that Earth is round.
Replace TSLA with in your post Bitcoin and you sound like a 'true believer'.
I am perfectly happy with people believing/cheering on TSLA/Crypto, just let's clearly tell that apart from an independent, unbiased assessment.
It only seems non-sensical because you seem have shifted the bar from "sane" to "wise, prudent and good judges of character". This is the original hyperbolic claim that was being responded to.
> Surely nobody sane would never trust his word on anything for any purpose ever again after that display.
> Even worse he's the guy willing to falsely accuse someone of being a child rapist because that person pointed out he had simply tried a publicity stunt that failed, badly, and his tech solution to a cave rescue with a huge media focus was actually worse than useless.
The impression I get is that was just a silly attempt at tit for tat. E.g. guy says "You're doing X for Y bad reasons!" while not having any evidence that you're doing things for Y reasons, so you shoot back with something in the same vein. Y being either "getting publicity" and "being a pedo" respectively.
Yeah, they're not really the same severity of accusation/insult (particularly as Musk has a bigger megaphone), but raising the stakes is common if someone starts a fight with you.
Also note: "Richard Stanton, leader of the international rescue diving team, urged Musk to continue construction of the mini-submarine as a back-up, in case flooding worsened."
They haven't released a detailed deep dive on their statistics, other than some definitions of what counts as a crash. This is from the company headed by the "funding secured" guy. Elon is clearly willing to lie if he believes that it will serve his interests or mission.
Even if we accept their safety stats at face value, Tesla is getting ready to launch a new feature - "Full Self Driving" - which behaves substantially different from autopilot and has a much different operating design domain and intended functionality. They've had close to 2k internal testers and O(100) external testers of "Full Self Driving" for about a year - nowhere near enough time and data to get the same level of confidence they have for autopilot. Add on to this that it will operate in environments that are substantially more accident prone than highway driving or clearly marked single lane roads, and you can see why regulators might be worried by a larger rollout.