Tesla more valuable than Volkswagen

[Velma's Dad]

You might end up with a diminishing number of roads where you can self-drive. I expect motorways would be the first roads to switch to autonomous only.

Okay you can keep the m-ways, no interest in those. I'll just burn up the B-666 in overdrive third with a drum of illicit Shell V-Power strapped to the boot lid, ignoring the algorithmic speed limiters (don't got no software on board, man), successively flashing down every one of those those pathetic AVs whose Asimovian "First Do No Harm" liberal robo-brains dare do nothing other than pull over and let me (Hazard Identified: Code 42876: Boomer, possible Revert, in non-neutered Internal Combustion automobile) tear past. You can rip my car keys from my cold, dead hand.

 

[Calimili]

What about an autonomous Cali that go camping alone by itself?
What about motorbikes, that people use for a Sunday tour, not "having" to go anywhere, but just for the pleasure of driving?

 

[Amarillo]

What about an autonomous Cali that go camping alone by itself?
What about motorbikes, that people use for a Sunday tour, not "having" to go anywhere, but just for the pleasure of driving?

An autonomous Cali would turn campervaning on its head. Instead of driving to a destination, cooking, eating then sleeping we’d be cooking, eating then sleeping before arriving.

 

[DoctorBob]

You might end up with a diminishing number of roads where you can self-drive. I expect motorways would be the first roads to switch to autonomous only.

And be strictly speed regulated by our political overlords to 70mph ( then no doubt to 55mph as this is better for the environment etc etc ....) - no thanks.

 

[soulstyledevon]

The whole self driving car thing scares the pants off me. I love driving. I'll often grab the keys and head off somewhere simply for a mooch about along random country roads. A chance to listen to some favourite or new 'choons' without the kids dominating the airwaves or the wife to tell me to 'turn it down'. Its a genuine pleasure and one that wont be experienced by generations to come. 'You actually choose to drive that manually? like in the olden days!?'

I suppose the thought of tapping your watch or sending a 'Pick me up' message to your car from your phone after having a skinful at the Kings head is a boon. There'll be no need for people to keep cars at work at all. 1 car could run your household to work and any other destination required. it could do the click and collect on its own too. Think this is medium term. Long term as mentioned above is almost zero car ownership with a kind of 'cars on demand service' . Hate the idea but it WILL happen. Perhaps by then we'll have our very own flying cars?

I would say, with everything that’s happened over recent months. The likelihood of autonomous vehicle is less likely...
The need for social interaction, human involvement and making a presence in society is the difference between being alive and sterile.

Would I pay for such a sterile experience?
NEVER...

 

[Borris]

There's often little enjoyment to be derived from driving these days. So having the stress and added danger of driving in heavily congested traffic removed may be welcomed. However making a journey in a fully autonomous California would, for me at least, be about as exciting as being in a parcel on an Amazon conveyor belt.

And if you were to have anything wrong with your fully AV, would you be shunted off the belt and into the reject bin?

Whilst we all enjoy the many semi autonomous driving aids such as ACC etc, asking drivers to relinquish their actual input/control over their vehicle won't prove popular with everyone. Even if the system could cope with the spontaneity of making spur of the moment decisions on your route it would just about kill any remaining enjoyment that I personally get from driving. I suspect that I wouldn't be alone.

Call me a Luddite if you like but barking "Alexa, go slower" or something similar, so that you can look at a nice view or trying to pursued the wretched thing to go down an interesting looking narrow country lane when it refuses point blank, just doesn't appeal.

If I've misunderstood how AVs will work then apologies but if the idea is to have all vehicles zooming here, there and everywhere without human input then that frankly fills me with a sinking feeling. Can you imagine Mr Toad going for that? I much prefer being in control of my vehicle and my destiny however dangerous that might be.

Fortunately, I can't see it happening on a wide scale anytime soon.

 

[Big Ron]

There's often little enjoyment to be derived from driving these days. So having the stress and added danger of driving in heavily congested traffic removed may be welcomed. However making a journey in a fully autonomous California would, for me at least, be about as exciting as being in a parcel on an Amazon conveyor belt.

And if you were to have anything wrong with your fully AV, would you be shunted off the belt and into the reject bin?

Whilst we all enjoy the many semi autonomous driving aids such as ACC etc, asking drivers to relinquish their actual input/control over their vehicle won't prove popular with everyone. Even if the system could cope with the spontaneity of making spur of the moment decisions on your route it would just about kill any remaining enjoyment that I personally get from driving. I suspect that I wouldn't be alone.

Call me a Luddite if you like but barking "Alexa, go slower" or something similar, so that you can look at a nice view or trying to pursued the wretched thing to go down an interesting looking narrow country lane when it refuses point blank, just doesn't appeal.

If I've misunderstood how AVs will work then apologies but if the idea is to have all vehicles zooming here, there and everywhere without human input then that frankly fills me with a sinking feeling. Can you imagine Mr Toad going for that? I much prefer being in control of my vehicle and my destiny however dangerous that might be.

Fortunately, I can't see it happening on a wide scale anytime soon.

There is a logical possibility that within the next 75/100 years that it will all be AV’s. However the social/environmental imperative would have to be so large to overcome the personal liberty argument that it’s quite hard to see any Government going with this wholesale.
The point becomes moot when discussing London as the personal freedom there is already reduced....sit in your own box, pay a fortune, and travel at 3 mph or take tube. So the social imperative is heavier there.
But for those sensible/lucky people who live outside the South East, we can still enjoy the freedom of a drive which is a good job as there is very little public transport.

Little point in conjecture anyway I guess, we may all be security tagged in our own home-bubble as we’re not allowed to go out due to Covid-37 by then anyway!?

 

[Velma's Dad]

Actually by that point driving a non-AV will be a niche skill - most people won't bother to learn. It'll be like having a private pilot's licence now... and (contrary to my earlier post about classic cars) that's maybe a good example: even today, plenty of people like admiring a vintage biplane on the ground or in the air at an airshow, and maybe even have a ride in one, but very few people bother with the time and expense of learning to fly one.

But forecasting is difficult, especially about the future.

 

[johnyboy]

As Jay Leno said - ICE will become like horses; a leisure pursuit or specialist applications

 

[larrylamb]

Shares virtually trebled since the OP's post in January. Did anyone buy in when we all thought they were top heavy in January?

 

[mcQ]

was speaking to some one who bought a £69000 E or I Jaguar who was driving to his holiday home which is 110 miles away he ran out of juice complained to service ,sales man told him did he use his air con or wipers much , just a complete bundle of junk .maybe turn the music down lol .i have driven cars from 1908 more reliable .

 

[willwander]

Shares virtually trebled since the OP's post in January. Did anyone buy in when we all thought they were top heavy in January?

HODL ...since 2017
Wish I’d bought more.

 

[Ch1pbutty]

"Its not that easy being green".....:

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[willwander]

Still the most shorted stock in history.
Short sellers forced to buy stock to cover their positions, plus inclusion in S&P 500 meaning index tracker funds would be forced to buy, might push up stock even further... and leave the tracker funds carrying the bag if price falls.

Recently took out my original stake, now playing with house money, so will let the rest ride.

 

[Calimili]

Shouldn't the title of the thread be updated to "Tesla more valuable than Volkswagen AND Toyota.....COMBINED!" ?

 

[willwander]

Shouldn't the title of the thread be updated to "Tesla more valuable than Volkswagen AND Toyota.....COMBINED!" ?

No should be...
“Tesla more valuable than Volkswagen, Toyota AND Ford....COMBINED!”

lol

 

[Calimili]

Poor Elon just made it to n. 4 in the world with 100Bn $ and change net worth.
Tesla bigger than .. Walmart!
It's going to pop.

 

[willwander]

Poor Elon just made it to n. 4 in the world with 100Bn $ and change net worth.
Tesla bigger than .. Walmart!
It's going to pop.

Yeah, poor Elon. Despite making $5.46 Billion yesterday! and becoming 4th richest guy in the world...he’s still only worth half of what Bezo’s worth.

Pop? Lol
Tesla now has a PE ratio of 1,152 !!

 

[Calimili]

Yeah, poor Elon. Despite making $5.46 Billion yesterday! and becoming 4th richest guy in the world...he’s still only worth half of what Bezo’s worth.

Pop? Lol
Tesla now has a PE ratio of 1,152 !!

come on it will only take you 1152 years to get your money back. It's not Jeff really that is surprising me with his tiny 200Bn$ net worth.; it's his ex wife that is the 13th richest person on the planet!
Let me just go order some useless crap on Amazon again..

 

[willwander]

Been a tough week for Elon
Lost $16.3 Billion yesterday....
and had a trip to Doncaster

 

[soulstyledevon]

Been a tough week for Elon
Lost $16.3 Billion yesterday....
and had a trip to Doncaster

Calimili did call the pop

It’s quite infuriating how much these people are worth and the numbers involved when there’s so much hardship around. Bezos hitting 200bill is a total nonsense. There’s no need for anyone to have a 1 billion net worth never mind 100/200billion...
It’s just not a fair system.

 

[Amarillo]

Calimili did call the pop

It’s quite infuriating how much these people are worth and the numbers involved when there’s so much hardship around. Bezos hitting 200bill is a total nonsense. There’s no need for anyone to have a 1 billion net worth never mind 100/200billion...
It’s just not a fair system.

The money eventually ends up sloshing about within the system, diversifying spending according to the interests of the benefactor rather than the political whim of the politicians - think Tate (art galleries), Carnegie (libraries) and Peabody (Education) compared with Thatcher (Channel Tunnel), Blair (Millennium Dome), [and Johnson (HS2)].

So in the future we might have, Gates (vaccines), Musk (space exploration) and Bezos (preschooling).

On another note, has anyone else noticed the uncanny resemblance between Jeff Bezos and our very own @hotel california?


Hotel California


Jeff Bezos

 

[larrylamb]

Shares were too high in expectation of entry into the S&P500. Didn't happen hence the fall.

 

[soulstyledevon]

@Amarillo
Really...?
I think Dan Price calls it as it is.

 

[Amarillo]

I think Dan Price calls it as it is.

A very selective list of statistics.

I met a Spanish student who had won a scholarship to an "elite school" in Canada funded by Amancio Ortega.

And what does Dan Price mean by upper-crust institutions? Theatre? Opera? Art galleries?

The point is that wherever it goes, the money ends up sloshing about in the economy. "Elite schools" and "upper-crust institutions" still need to employ a range of people from cleaners to CEOs.