Big dreams, but remember hyperloop, the amazing high speed public transportation Musk foresaw?
It was going to be autonomous pods driving hundreds of mph through multi tube vacuum tunnels, now it’s Tesla cars manually driven maybe 40mph through small one lane tunnels, with traffic jams already on the tiny test track ride in Vegas during the pandemic with riders limited to well under 1000 per hour (<1/4projected capacity) costing $52.5 million for 1.7 miles of inescapable death tube…. so underground death trap roads at only 8800 times the cost of above ground roads.
Remember the Tesla semi truck? Sounded great. Turned out it had less than 1/6 the cargo capacity of similarly size trucks because of battery weight and a 300 mile maximum range new (quickly dropping as batteries age) for the regular version, and unless you charge at Tesla with guaranteed discount electricity it’s not even cost effective against regular trucks per mile, much less per ton of freight….and still not any on the road, now estimated to start next year…maybe.

Notice the teslabot doesn’t list expected battery life, which is the big limitation on self powered robots. All the ability in the world is useless if they need to recharge every 10 minutes.

Elon’s ideas sound amazing until you look at them practically, and find that his projections are insanely unrealistic.

Edit: in his genius, Musk lobbied hard against the infrastructure bill that includes money to build the American chip manufacturing capacity…and now his plants are losing billions per year because they can’t get chips.

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One of my favorite Bucket List checkoffs was watching a total solar eclipse from beginning to end. Seriously, if you get a chance to see one, TAKE IT! There are no words to describe how incredible the sight is, or the feeling of awe at the first second of totality. I could have lived without the 12-hour traffic jam getting back to Seattle, 'tho.

Sadly, the location I watched it from -- Detroit, Oregon -- burned to the ground two years later.

NYC and LA with all their mass transit system -- they never have traffic jams.

Tesla is a good buy today even at 52 week highs. There is a growth path forward in which new factories are coming on line
Giga
Shanghai
Berlin
Texas

+ Giga Nevada battery factory adding lines.

Limiting factor is battery. Battery day should lay out the path forward.


Tesla is profitable , last 4 quarters, and believe this will continue.

I am looking long term. Min 5 years to 10 years.
I am looking for production to double approx every year.

600k this year goal
1.2mil min goal next year
2.4mil + in 3 rd year.

I've posted the 2020 NC transportation outlook on the Sift. It is really worth a look.



Also any one interested should look at Kathy Wood of ARC investment. Just look for her on you tube.
This is ARC investment link
https://ark-invest.com/analyst-research/tesla-price-target/

Sandy Monroe ( you tube) tore down a 2012 and a 2020 model and was astonished at not only in improvements but absolutely astonished in the technology lead of the produce. His group does this and sell reports to all. Evey Asian and Europe atuo manufacture has bought his report. Not 1 American Auto maker has.

Ford, GM are far behind.

Every ICE maker ( ICE Internal Combustion Engine) will have to not only continue that investment and also invest in EV. Dont think they have enough Research investment dollars on hand to do both.



Musk is a visionary Just look at what he is doing besides cars.

Space X . Few step into the space race and succeed like Musk.

Boring company . Fed up with traffic jams he look for solutions. Looked at boring machines and found then to be 15 times slower than a snail. Got a team together and designed a boring machine 15 times faster.

Supplemental storage energy for peak energy demands.

Solar panels. Redesigned and lower cost of ownership.

Musk salary /bonus ties to achievement goals, not just a set amount.


This a BUY time.
This is like buying Apple when Steve Jobs came back to Apple.


Over valuation is what people see Tesla to be worth.
Market forces, Technological improvements and Government regulations will push EV market to forefront over the next decade. There is no stopping this.

Actually I've always been worried about rogue attacks like that. Some asshole would project something to confuse self-driving system and would cause either an accident or a traffic jam..
There should be a law where it would make these kind of attacks equivalent to attack with a deadly weapon.

Typical China... guy with a load on the back sees an accident and a guy on fire.

His reaction? Better get past the accident fast before it turns into a traffic jam.

At least a few people stopped to help.

Traffic jams means sub-optimal traffic control system.
As always China copies others only to 90%.

I'm predicting that once self-driving cars are mainstream in the next 20 years the airlines will be in a lot of trouble. With a majority of self driving cars on the road, I think the safety numbers will shift to cars being the safer form of travel, and likely very few traffic jams. We may not even need traffic lights eventually as traffic learns to flow smoothly.

In Soviet Russia, News Chopper makes traffic jam.

Obama, Merkel, Hollande, Renzi and Cameron are going to be in town on Monday. I suppose parts of the city will be locked down tighter than a duck's ass...

As if that wasn't enough, public transit workers are on strike next week, so it'll be quite a mess. On the upside, the resulting traffic jam ought to make it safer for cyclists like myself...

Every day in Houston. I got caught in a traffic jam there at midnight downtown.

I think you'd get a traffic jam anywhere you go from 50 lanes down to 4, although it was hard to really see that through the smog.

String Quartet Plays Pachabel's Canon During Traffic Jam has been added as a related post - related requested by nanrod on that post.