BobbyD wrote:odysseus2000 wrote:When a convincing argument exists for a business to be in trouble, then the share price will have long since moved downwards. In investing one has to front run events.
So you are saying that you have no convincing argument to substantiate your frequent claims that German Auto is a dead industry walking... it's nothing more than a belief which conveniently dovetails with your vision of Musk as the new messiah.odysseus2000 wrote:VW are currently not available, they might sell for the quoted prices they might not have enough batteries, who knows. Until one sees cars in showrooms and the price tag it is impossible to know. The problem for VW is if they push electric then the sales of their IC cars fall, making it an unpleasant place for them.
VW are currently successfully selling a car with half the range and less interior space for 16% less...Howard wrote:If Tesla’s updates are like updates to my ipad, they might cause some unexpected dangerous driving issues in the future.
A point made in the video linked above which Ody really didn't like was that if you tinker with an AD then you are effectively back to 0 miles driven. That might be fine if you are running a monitored pilot under a restrictive licence, but simultaneous update to hundreds of thousands of cars being driven by civilians in the wild? Imagine driving to work the day after the Tesla equivalent of the iphone updates which bricked significant numbers of phones. If you are lucky it will stop them taking to the road, the alternative could be rather less pleasant.
This is a strong point in favour of another argument made in the vid, AD based on opaque AI carries a significant risk. You can't analyse the decision making process before you roll it out, only run samples. Fine for playing chess, arguably not so good for controlling two ton chunks of speeding metal.
Investment is a business of operating when only a small subset of information is known & one has to make plausible assumptions & act upon them. It has always been this way.
Regards,