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VisualMod t1_j2cuyi2 wrote

>There are a few reasons why people might invest in Tesla despite its apparent overvaluation. Firstly, Tesla is a very innovative company and is constantly pushing the boundaries of what's possible with electric vehicles. This makes it an attractive investment for those who want to be involved in the latest technologies. Secondly, Tesla has strong brand recognition and customer loyalty, which gives it an edge over its competitors. Finally, Tesla's share price has been rising steadily for several years now, so investors may believe that there is still room for growth potential.

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Crazyphilll OP t1_j2cvf0x wrote

What technology are you aware of that tesla is pushing? I agree that 5-10 years ago. The sheer push for ev gave them a headstart in motor tech. But it took the germans 2 years to catch up. As for handling components like shocks and stability and luxury features, tesla is still behind.

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ABena2t t1_j2cxisp wrote

I agree. but some people look at Tesla more then just a car company. You can argue its more of a tech company. Or alternative energy company. Obviously their bread and butter is selling cars. You might be right about the shocks and whatnot - but what about their software? Then they're also into solar panels and battery packs (although a small portion of their business today). They have charging stations. They even have a freaking robot they're working on. Who knows if that'll ever work out or make money tho. And they're even talking about a Tesla cellphone. That Tesla phone could be a game changer IMO. The thing about Elon Musk is that he owns so many other huge companies. Space X. Star link. Twitter. The Boring Company. Idk if it'd make financial sense for him with Star Link but he already said he'd integrate it with Teslas and Cellphones. What if he decides only Tesla cars and Tesla Cellphones can link to Star link? Can he do that? Would he do that? I'd imagine he'd make more money allowing everyone to - but that'd almost be game over if not. If you could have hi speed internet in your car and on your phone wherever you are in the world - why would you buy anything else? Screw my shitty android that doesn't work half the time. I'd imagine he'd just want as many users as possible tho. The point being - Tesla is more then a car company. And Elon has the ability to prop one company up with another. It's almost too much power for one person to have. Now he even owns a freaking social media company which is a lot bigger then most people think.

You're not just betting on Tesla. You're betting on Elon.

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Crazyphilll OP t1_j2cy6mm wrote

Thanks for this comment, i can get behind the logic. As a data guy its too intangible for me to put my money in though.

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becool773 t1_j2cwa4j wrote

Besides Mercedes, which has tied up with Nvidia, which German automobile maker is doing good in the field 9f FSD?

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Crazyphilll OP t1_j2cxwfg wrote

Mercedes has nothing. Nvidia partnership is overrated imo. I overlooked the self driving tech because it makes no sense to me. You have a company that makes a car for enthusiasts who develops tech so they wont get to drive their car anymore? Thats like eco mode on an amg. If tesla carves out this software department and makes it a t1 supplier i would totally invest in that company. I can see that non enthusiast cars like yaris etc. have drivers that will have a real benefit from self driving tech.

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becool773 t1_j2cy97b wrote

You are underrating Nvidia. Their FSD is second to Tesla. Imagine this, you buy a car as an enthusiast drive like you want to and at night or when you don't want to use it, it earns by becoming a driverless taxi of sort. The use cases are many but achieving level 5 autonomy is very hard.

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Crazyphilll OP t1_j2cyvn0 wrote

I simply do not see car enthusiasts “loaning” their car to strangers that may spill a drink. No one who has the money for such a car cares that little for it. Edit: you may be right about my underrating the nvidia partnership

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