Tesla Is The Biggest Company Ever, But No One Knows It. Yet.
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- เผยแพร่เมื่อ 26 ก.พ. 2024
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I worked at Tesla starting in July of 2017 as an Operations Analyst out of the Bethlehem, PA distribution center facility and left as a Program Manager based out of Austin, TX as of September 2021. I spent most of my time in the distribution and supply chain organizations.
Before Tesla, I was a Director of Business Intelligence and Pricing at the largest Pet Food & Supply distributor in the US, Phillips Pet Food & Supplies based out of Easton, PA. My wife and I also owned a small business in Bethlehem, PA between 2016 and 2019.
I have been a shareholder of Tesla since 2012 and currently own Tesla stock. Nothing I say constitutes as investment or financial advice.
My thoughts are my own and are not representative of everyone who currently works, or has worked at Tesla.
If you like this content I would greatly appreciate your likes and shares!
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#Tesla #elonmusk #twitter #tsla #TeslaNews #TeslaFSD #TeslaFSDBeta #teslastockanalysis #TeslaUpdate #investing #ElonMuskNews #teslanews #EV #FSD #investing - วิทยาศาสตร์และเทคโนโลยี
Another data point to throw out there that happened after we finished editing this video: Today, Apple announced that they will be cancelling their EV plans after working on it for the last decade.
WOW! THAT'S a big one!!
That the other 'smartest tech company in the world' has thrown in the towel is a clear sign that no one can catch Tesla. All that stuff about some new EV being 'a Tesla killer,' is nothing but hyperbole. No one can catch up with Tesla, they might survive, but they can not catch up.
Also the cost of the ongoing compute and dedicated employees
You've added more data to your AI model haven't you 😄
OFF TOPIC SUGGESTION
GO TO TOTAL SOLAR ECLIPSE NEAR AUSTIN TX ON APRIL 8, 2024
Respect far and has no BS ads
Outstanding video. Perfect summary of many key factors to consider for noobs and normies. Why some object to this format is beyond me.
Good thesis. This is fresher and more interesting than I expected. The Stellantis CEO said there were only be 5 companies that will survive. Which is just like what happened in the 1910s and 20s when the American auto industry consolidated into (primarily) the Big Three. What this video makes me wonder is What was the profitability of all the automakers in the 10s and 20s as this shakeout/consolidation took place? Was the early GM ever in a position where as it grew it lost significant sums of money while Ford was hugely profitable?
Everything we were told to expect, and what seemed obvious in about 2018 is coming to pass, just not in the order we thought. I expected by now that my Model Y would be less than a year away from full FSD, but I didn't expect Tesla to offer to license their system to other companies.
The only thing missing here is batteries, scaling up, current constraints, how fast can raw materials be scaled up. No doubt that's on your ToDo list, and of course you've discussed it. I see a future where there will be more than a few EV makers in competition with Tesla, but those vehicles will have Tesla's charging system, FSD and other software, and maybe Tesla/Panasonic batteries. Tesla will make the most profits, but these older companies will survive and be profitable.
By far the greatest achievement to date is: Tesla has killed the Internal Combustion Engine.
Well here's an interesting new data point for you to chew over. Lithium based battery companies have just announced that they expect to reduce costs by 50% this year.
Now re-calculate this bull case into what looks to be a hyper-bull case scenario for Tesla.
Love the new format! Very informative and makes things simple to understand
I dislike the stupid pictures for every word. It is insulting and designed for people with short attention spans. The charts, graphs and graphics like that are fine, though.
A bit heavy on the super lame stock footage B-roll but that's the state of things these days.
Grata por poder assistir e liberar o campo da legenda para poder acompanhar melhor acompanhar aprecio muito o dono dessa empresa e o trabalho em prol da preservação da raça humana
Such an awesome video for education. If there is 1 video that should be required watching for the World is this one! Great job well done 💪😎👍
Being skeptical on EV's and FSD is like be an executive at Blockbuster and laughing little ol' Netflix out of your office we're they're silly proposal.
Or Sears execs laughing at Amazon taking over. Or Kodak laughing at digital pictures, or crackberry users laughing at smart phones.
Wait so history is literally littered with examples of existing giants hubris and outright disdain towards the newcomers who replaced them.👍🏻😀
Another example I love personally is train manufacturing. Only 1 existing steam train manufacturing company survived the switch over to diesel electric hybrids. And it was the same tracks, same cars, same lines, same job essentially that diesels took over from steam engines. 🤔
@@4literv6or people laughing at hyperloop.
Solid analysis.
This was your best video to date.
Sounds like Farzad in the flesh to me!
Absolute banger video, Farzad!
And APPLE announced they are abandoning the EV project! 2000 employees on that project, losing hundreds of millions per year. Maybe a good catalyst for AAPL stock. Maybe good news for TSLA stock.
I’m curious how they plan on making early generation Teslas fully autonomous if they’re running on old hardware? Aren’t only about half of the total fleet on the road capable of FSD potentially? For instance my 2017 Model S 90D doesn’t even do auto lane change in autopilot on the highway.
Tesla transitioned to Hardware 3 in March 2019. The vast majority of the fleet has been produced after this (Model 3 production wasn't ramped until 2018 and Model Y introduced in 2020). Tesla has produced about 5 million vehicles since Hardware 3 was introduced. From 2012 to 2018, Tesla produced about 530K vehicles.
Well they are doing transfers right now so…. I’d assume if you can get a MS get a cheap M3 and transfer if you want the FSD still intact ?
I mean Apple never let me transfer anything I bought from them to new hardware
Excellent review / summary of the auto industry. I enjoyed this format. 👍
well explained
Great video Farzad, very informative as always
I like the new format. Keep doing both.
Your right but BYD and NIO can kill TESLA sales BYD already surpassed TESLA IN C HINA
Agreed!
@@armandacosta1914 Where? You mean in China? Who cares?
@farzad
time 2:55
"Are Are"
Love the new format!!
These videos remind me of Steven's original style of videos. Miss those. These are a great successor.
I like the audio, but the images are glitzy and just distracting. Worse than useless. I minimise the vid and just listen.
Hey! Can you pls make a summary video on teslas battery ramp. 😬🙏
Limiting Factor is a GREAT channel for this!
@@farzyness Yes i know, have seen his videos. But i have a hard time getting a good overview how the ramp is evolving by just hearing numbers and he use a lot of advanced terms. Would be nice if someone could put it in charts of some sort and your videos are realy nice and easy to follow. And also after the bull vs bear interview the main concern seams to be, can tesla ramp batteries fast enough to supply all the coming models?!?
All these new projects/factories. Hard to see the whole picture if you get what i mean. Thx for the answear! Keep up the good work! 💪👍
Also you could say my brain is the limiting factor 😆 But i am probl not the only one struggling. 😊
Actually prefer your personal previous format.
VO content takes less edits and you can get more content out, generating more views.
We will see. I think you're completely buying into some of Tesla's lies and exaggerations while underestimating the competition.
But the situation with the other traditional American carmakers really doesn't look good.
But if you look at Europe or China, you will see a much more competitive market that is much further ahead. There is a healthy supply of charging station operators and also car manufacturers (China in brackets).
In Europe, there are already two good electric cars available from this year, the Citroen EC3 and the Renault R5, for around $25,000 and you can be sure that they wouldn't sell them if they weren't going to make a little profit in the foreseeable future at least.
I'm still curious to see how the US market will develop, as both the Japanese and the other American (except Tesla) car manufacturers are in a bad position. Maybe the Chinese and the Europeans will manage to increase their market share
Look at rivian balance sheet, lucid.....they're not competing with tesla. They're cars r now 30k. ...they're going to dominate this ev market now.
@@JnMyNy But I didn't claim otherwise. However, it is sometimes worth looking across the Atlantic, as both the European and Chinese markets are much more competitive. I would also assume that Tesla will still hold a large share of the market in America, but that won't be possible in the other markets
such a great video!
Do you own a Tesla?
One scenario not mentioned is for legacy manufactures to adopt a Comma AI FSD system, assuming they solve it shortly after Tesla
Maravilha de documentário agora e sempre são os carros da tesla com o diferencial com a mesma tecnologia dos foguetes isso não tem preço sem palavras isso sim e contribuir para preservar da humanidade
Like the new format, was better than before
Excellent information!!!!
Dudes vandalized a waymo self-driving car during a street takeover recently in Los Angeles.
And this isn’t the norm.
It’s like saying you could go around and spit on people. Do you? Well most people know the right and wrong thing and Tesla “will implement staged laws for bad behavior” so we kick the trash out of the ecosystem as much as possible.
Kinda like how you see people coming in stealing iPhones and the employees don’t do anything. But some citizens are recording and getting license plate numbers along with the iPhones cannot be registered 😂
I'm not sure whether this is a good thing or a bad thing. I didn't / don't know whether to upvote or downvote it.
Did you see Total Recall w/Schwarznegger? When Johnny Cab was vandalized? Yeah.
Beautiful! Optimistic and solidly reasoned presentation! Thank you, Farzad!
Farzad great informative video. The one area I’m still skeptical is on FSD. Can teslas AI software solve for every edge case in driving? I feel there are infinite cases that have used human judgement to solve or crash. You should do a video on edge cases and challenge the solving of FSD and play with a pessimistic viewpoint. Thanks
Maybe the same way humans deal with weird edge cases? If FSD can be trained with millions more miles than any human has in their individual experience, it should presumably stand a good chance even in one-in-a-million situations. I think Elon said there will always be some small number of crashes, but several orders of magnitude less than humans.
Steps in dojo with hero cape
Every edge case that comes up will be dealt with on trained humans sitting there feeding data and solving it within a few days when dojos compute power is online.
How do humans handle edges cases today? They have previous driving knowledge they can put to work to navigate said case. Mostly these are rooted in “don’t crash, avoid things that could hurt the car, make yourself predictable.”
Neural Nets will allow the car to navigate the world using these types of fundamental points. After a certain point, the car will not need to see every situation to navigate thru it, just like a human.
Tesla is great but there are too many assumptions in your thesis that could easily not apply.
1) Competitors probably don't loose a dime on any manufactured and sold EV, the "loss" comes from R&D required, and it would turn into profit per vehicle sold at scale. They simply forfeit R&D for now, as they clearly lost to Tesla when it comes to overall car quality and engineering. When manufacturing and tech becomes more standardised they will get back onto market. Tesla's strength is in manufacturing however, but as technology advances it will become less apparent (iPhone vs Galaxy phones i.e).
2) There is quite the possibility that to achieve necessary safety and quality of Tesla FSD, the cars will require more powerful processing units than the ones already bundled. AFAIR they are manufactured by AMD, and while greatly efficient, they might not be enough. This means the fleet of FSD cars might not be as vast as one would assume.
3) The other side of this is, companies probably won't even need to bundle the processing software and hardware components needed for FSD (aside from cameras). There are off the shelf solutions being worked on, like COMMA AI, where you just plug a device to an OBD port and it controls the car for you. Imagine CarPlay but FSD. The FSD competition can come out from nowhere, and I would actually expect Apple and Google to be main Tesla competitor in this field, rather than any of the car manufacturers, as we all know how slow they are to adapt technology (CarPlay being the perfect example.
4) Just to add a pet peeve of mine - the thing that is touted countless times about FSD's neural network replacing 300k lines of code in FSD V12 : 300k lines of code is nothing. A website of medium complexity with it's dependancies can be upwards of 100k lines of code. For comparison Google Chrome has 6.7 million lines, Firefox is 21 Million! MS Office is 45 Million. Guys, please, please stop using this hearsay argument as if it's something impressive.
Food for thought, would be nice to hear your opinions on those too.
Make sure to turn the lights off behind you Lucid, Rivian, and Fisker.
Makes me sad about Rivian - Nobody cares about the other two ...
Waymo from time to time still requires human intervention from their control centre remotely. So they are not really 100% autonomous.
Well for FSD we pay a lot and it's beta for ever. So we are paying for the cost-effectiveness quite heavy.
And it’s beta. And congrats to the people who had the money to fund an entire phase change in humanity
I’m sure you’ll be rewarded at the pearly gates with a thumbs up from Jesus
Farzad, good day from Lismore, NSW.🌏 That is so true; you have got it in one.
I will travel around Australia. We are looking for four team members to be with me around Australia. We will take a camera and sound team to make a documentary.
🥰😎You're welcome!
5:07, Rivian is losing $43k per car, not $100k per car
New format is super informative but feels so robotic that hard to keep focus through whole video.
Tesla 👍
Driving a Model 3 since July 2023. The gap between traditional car design and Teslas is about a decade. Just a few months ago there was an update that basically turned all camera views to clean crips full hd instead of a blurry, noisy camera feed. The GPU with HW3.5 is about as strong as a Nvidia 3080 and the Ryzen CPU makes the whole system future proof. And now with FSD12.2.1 in the beta and showing stellar results, full automous driving could arrive in a few months.
What I hate about Germany for example is that about all the industries - especially cars - have become super innovation lazy and arrogant at the same time. And now they are paying the bill by loosing market share.
Very creative video
Do you own a Tesla?
@_beccaszn no, but I want one 😅😅😅.
I'm still paying off my current car though so I have to wait a couple of years. I suspect many are in the same boat as me 🤷♂️
@@_nosikeuzoma1456 dfk you talking about? 😂
I only got a tesla last year because i can now get access to the superchargers. So FSD will be driving the cars around in the year 20XX. Nice selling point but all those 400 000 who paid for the dream and got a normal ev may have something different to say cause they are still driving the car themselves. The build quality of my M3 is not that great and to say that they will be making an even flimsier model 2 redwood can be a challenge (and do not expect a decent range or motor on that one). for 8 months now the stock went from 260 to the current 200ish cause every project is just on hold albeit mucho publicity.
The average person does not understand how quickly We will see the magic of self driving cars
I think the reason why companies aren’t lining up to license FSD isn’t because they’re skeptical it won’t work.
It’s because they know that the data to train the models is the most valuable piece.
Why would they add to Tesla’s data, when they can gather some of this valuable data for themselves?
FSD isn't even self driving. Why would they license it?
Microphone is a bit muffled fyi
People that like the new format, must have really small attention spans
The V12 runs on YT are already quite impressive. I would guess 6 more months of refinement and the system gets Tesla blessing as a generalized L2+ system. Data gathered from takeovers can be used to give regulators the information required to uplevel the system to, say, L3, and then the iteration continues. They need to be very conservative though because the context these days is extreme regulator skepticism hat needs to be overcome. Even just one serious accident could set the whole program back.
I have no doubt that any accidents will receive a huge amount of attention. The good thing is that when the system is good enough, Tesla will have the data to show regulators that it is safer than human driven vehicles. It doesn't have to get to the level where there are zero accidents. It just needs to be a significantly lower rate than other vehicles on the road (and the data needs to be indisputable).
I took my almost new model 3 for alignment and tire balance? when I went to pick it up I was told that I have to pay $406.00 before I can take my car out! I asked for a print out on the alignment? they told me that their alignment machine did not saved the information? I asked them that how would I know that they did the alignment? there respond was, you have to trust the tesla?? I used my AMX to pay and I told them if you can't provide me with a print out for my service I will dispute the charges! I did and my credit card gave me the credit back. Three weeks later with the appointment I took the same car to the service department because windows were not closing all the way up? they are telling me that I have to pay for the alignment that I dispute before they can look at my car? I told them this is a highway robbery! they just said they are sorry? I love my tesla I love Elon Musk for the things that they have done for human race, But I don't think this is fare practice!? We don't any other choice except taking our Tesla to tesla service center and this is how they treat you?!
Listen I was an early investor in Tesla talking 2012 to 2013. Thought electric cars were the future and believed in Musk. I have now realized he is a con man selling snake oil. Not to say he hasn't made some good things but he really is a liar and fraud. I suggest you watch videos by thunderfoot and others about him. I still think Tesla cars are good cars but they are the holy Grail people think they are
0:27 I love to see how much of Tesla footage comes from The Netherlands 🇳🇱
(Yellow license plates, black numbers, on the left blue EU emblem)
You own a Tesla?
Fully agree. Mercedes announced last week that they will reignite their ICE strategy which means they’re also out of EV race.
EV is not a market and therefore not a monopoly. Automobiles are a market. The competition is ICE cars. There are car companies all over the world, many with larger market share than Tesla. No monopoly. Just a different feature set.
True but if governments keep to their mandates for increasing the percentage of zero tailpipe emission cars to the majority by the end of the decade 9which most are) and EV’s continue to get cheaper, better range, faster charging etc., then EV’s will take over very quickly. 10 years from now anyone producing ICE will be a niche unless governments change their mandates.
There are also trains, planes, and bicycles to consider. Not a monopoly on transportation.
High interest rate means nobody want to finance a new EV right now! You have to wait till that to come down before the traditional car makers will restart EV .
FSD by the end of the year? Really? First time I have heard about that. When did Elon say this?
You want to preorder or go for a test drive ?
Waymo: Oh no the road changed, I don’t know what to do! 😱
Tesla: Changes? Doesn’t matter to me. I see. I think. I do. 😁
BYD's sales number reflect the number of units sold. However, BYD lumps its hi bred vehicles (not truly pure EV's) with its EV units so the numbers do not truly reflect the actual number of pure EV's sold, Tecla's numbers are for pure EV sales. It is a matter of comparing apples and oranges, it doesn't truly reflect Chinas position in the EV market place.
My neighbor who just bought a Model Y, wants a 360 degree over head view camera , like the one on her old Chevy Bolt. Do you think this might happen with Tesla ?
I strongly disagree with the statement that Tesla is making affordable cars. Affordable cars ore ones that don't require an additional $30,000 in home solar power to charge it or cause you to lose your job because you couldn't get a charger on an overcast day. An affordable EV is one that isn't long-range, isn't self-driving, isn't a roomy 5-seater, doesn't have an infotainment center, has mechanical window controls, doesn't have enough batteries to power a house, and doesn't have a 0 to 60 time. That's what gas-powered cars are good for. An EV should get you around town and hit 55 mph on occasion. We aren't so well established in the 22nd century that we can have long-range, flying electric vehicles for everyone but that's what they're working on. Sure, it'll be nice for the streets, but what about all the excavation and the consequences of it. Let's get everyone on solar and wind power for their homes first so we have a shot at staying out of each other's way while we're preparing our car for the work day. Where I work, the robot forklifts park themselves against a charging station. This is a good use for all that automation crap they load these cars' electrical systems with. God knows we need more potential points of failure on our cars. This is why I'm building a relatively low-tech EV that does what I think they should and also serves as a simple add-on battery expansion for my home when I'm not using it. A week's worth of mileage stored on-board and won't likely ever run low enough for concern. Drive on and follow the trends. I'll be here lagging and watching my bank balance grow.
Gross Profits/Losses for BEVs ....... Profits ... TSLA +$7000 ... BYD +$1500 Losses ... Ford -$36,000 ... Rivian -$46,000 ... Lucid -$377,000
good analysis Farzad
People point to how much they love the rumble and power of a V6/V8... Then the cheapest Tesla leaves them holding their heavy metal balls as it quietly blows past.
So if Tesla can get AI based self-driving to "Waymo levels" in 1 year, what makes you think others can't do the same, especially after they've been shown what works? Because BYD has "decided that it's impossible" in public statements? That reasoning doesn't hold up. As a Tesla investor, I don't think I can count on Tesla having a monopoly on FSD for very long once they get it approved.
This is great news and bad news.
Great news -- I am a Tesla stock holder and this should further help increase the stock's value, currently Tesla is priced in as owning 33% of the auto marketshare, so they definitely need to take over the market for me to make strong returns.
Bad News -- Just like Ford's dominance with the Model T back in the day, having 1 company so far ahead of the others often times leads that company to continually focus on their cash cow and less overall innovation in new models that appeal to the general public. Stuff like this focus on Cybertruck and Roadster 0-60 in
It's your transitions, so jarring, hard to stop
I’ve heard that “end of year “ phrase too many times. I’m beginning to think it will be years if not decades before self driving is real
Amazon could easily buy Rivian. For a rounding error.
And continue to bleed billions and billions year after year.
@@7hx89 Maybe not after they get to scale. If the $40,000 R2 is a success, large scale production is likely. Moores Law says that costs fall 28% for each doubling of production. They badly need to get to large scale production and not stagnate at 50,000 EVs/yr, like they're doing now. ....We'll see.
Time for Tesla to show update work on that automated charging cable ''The snake''. That would give confidence that they are on the cusp.
Tim Cook is no Steve Jobs.
-$377k per car!? =O
That's impressive.
Autonomous Driving without an attentive driver is a lot further off than people think. A good ten years a least. Being designed by AI, how does one guarantee there are no situations that will only be identified if that one situation happens over and over? AND how many of these unidentified situations are there? And the government has to sign off on this! And ???
Lucid losing 377k per car is pretty mind blowing 😮
Yes sir
Not so quick... In Europe, Tesla is not that dominating. If you look at Stellantis, they are coming out with a 25k dollar car, the R5. VW is, too. The competition in the new ID7 from VW will take markedshare from Tesla. Other products are arriving like the Renault Senic, and Hyundai/Kia is also taking shares. The problem for Tesla is that only two models sell. Model S and X don't sell at all. New Model 3 Highland is not a hit in Europe when it sells like the ID3. So only Model Y sells a lot. In Norway, Tesla has only 20% share, and it seems to go down now. Then there is the Chinese... So perhaps your predictions are right in the US, but not her.
Self driving is not a big deal. One reason is that it will not be approved before in perhaps 10 years. Her people will not buy or lease this for the monye Tesla is demanding. It's a pipe dream. People like to drive, and it's free 😂.
For normal people, it's only a feature.. Maybe it's worth 3 k dollars when it works. Then, the take rate could be 30-40%. Think you're delusional and that you are blinded by your eco chamber...
Tesla winning everyday! But, stock going down. And down. I would love to see the opposite = tsla loose, but share proce skyrocket
Tesla has won control of a segment of the car market that has very limited scope for growth. Fantastic!
Toyota’s Hybrid car plan is the best of both worlds. Material needed for the batteries limits an all EV auto future. I’m good with choice and variety. Easily envisioned a family have both types of vehicles.
Toyota didn’t believe EVs were possible at scale like Tesla has now proved. Their failure to act means they need to convince you buy a hybrid until they catch up. Just buy a Tesla and TSLA.
This one was definitely AI. Not that I mind.
I 🫶 Tesla🥰
I can see Amazon buying rivian to continue getting their vans. I doubt they'd continue the other vehicles though
I thought rivian might have pivoted into that space myself when they announced the amazon order.
Make 50-75k high priced r1t&r1s a year and another 75-100k edvs at a fat profit in Illinois only.
Instead they made per Forbes about $16,000,000,000 magically just disappear since 2019. And have produced about 80k total vehicle's.
Ad their debts in and the GA plant bond cost and rivian is already flat broke TODAY! 😀
Amen
Seems like Volvo is starting to make some gains.
Who will survive. Tesla, BYD, Toyota the big three?
BYD electric car stands for Burn Your Driveway
Since AGI has arrived, even if Tesla cant solve self driving they can just have an AGI drive you kinda like a computer chauffeur .
like the format, only would slow down the transitions between images. It's a little to much for my taste.
This is AI, not you. I like you better!! Your have issues with yourself and they show through in your words. The more you become your best self the more you love and are more kind to yourself. I like you!!! My opinion!!!
AI...Easy call.
Real :)
Not happy with your monopoly FUD! It makes people think that Tesla will be forced to be split up - which is not true!
Excellent!
Lol…hoping to have a finalized version by the end of the year.😂😂
Honestly i just tuned out this entire video. Your live monologs or discussions with others is much better format, I can think through my ideas with you.
Like I said before, Machine gun AI
CLICK BAIT TITLE - Great video however Telsa hasn't won and it's not over. TELSA has the best test version of full self driving but not able to do it legally and TESLA have over hyped it so much that lunatics actually let it do all the driving. TEALS was promoting it for 10 years so far and it still isn't full self driving.
AI video
Go Tesla!😊
dunno if there AI or not but Im not realy intrested in these kind of content
No problem.
Buying a lucid is like getting a Ferrari price. But it isn’t a Ferrari
I have been following EVs and Tesla since 2008 (probably earlier but that is my first memory of Tesla/Musk/Roadster) and officially admit to being a ridiculous fanboy, everything they do turns to gold, Musk is the original King Midas ha! Even when TSLA was at it's low of $100 last January, my understanding/resolve for the company wasn't swayed one iota. The disconnect between Tesla and TSLA has always been a conundrum but it doesn't change what is happening and where they are going. I find it completely baffling that it is just us in our Tesla bubble that seem able to see what is really going on with them. Tesla is still just getting started....and what a start it has been so far!
How are you guys not sick of hearing about FSD still? I think we'll need to build AGI at this point to have FSD. It seems like you need human level intelligence for driving. Most companies have given up on FSD. Even Tesla completely threw away it's years of code to be replaced with neural networks only 8 months ago. So it's as if they just started working on FSD 8 months ago. It's a completely new approach. So not sure how close they are. As everyone knows it's very hard to get neural networks to 100% accuracy. You can see this with the LLM models. They are mostly right 99% of the time but that last 1% can take most of the time. In the case of FSD, we can't have it regulated and on the roads unless FSD is 100% accurate. So I don't expect FSD for another 5-8 years.
Over??? Legacy auto never even started.