OT: Stock and Investment Thread

Jtung230

Heisman
Jun 30, 2005
19,084
12,249
82
@BellyFullOfWhiteDogCrap

How do you feel about robotaxi’s future after the Texas incident? Seems like TSLA is forced to disclose they are not close to self driving technology. They are ahead of the pack but no where near PrimeTime. Do you think this will hurt margins because less buyers will buy the FSD package? I’m surprised regulators have not made them change the name of that package yet.
 

T2Kplus20

Heisman
May 1, 2007
31,203
19,209
113
@BellyFullOfWhiteDogCrap

How do you feel about robotaxi’s future after the Texas incident? Seems like TSLA is forced to disclose they are not close to self driving technology. They are ahead of the pack but no where near PrimeTime. Do you think this will hurt margins because less buyers will buy the FSD package? I’m surprised regulators have not made them change the name of that package yet.
It you want to track the development of TSLA's robotax program, watch the new Vegas convention center loop:

 
Dec 4, 2010
5,866
5,256
0
@BellyFullOfWhiteDogCrap

How do you feel about robotaxi’s future after the Texas incident? Seems like TSLA is forced to disclose they are not close to self driving technology. They are ahead of the pack but no where near PrimeTime. Do you think this will hurt margins because less buyers will buy the FSD package? I’m surprised regulators have not made them change the name of that package yet.
The Texas accident doesn't change anything in my eyes because it is incredibly obvious that autopilot wasn't involved. Journalism is dead, and everything is clickbait. There are so many things wrong with the reporting of the Texas story. I don't really feel like going into everything. I can if you want, or if you have a question about the accident. Times like these, I wish Tesla didn't dissolve their PR dept.

A portion of FSD revenue is deferred. I don't know what %. Not sure if you knew that, or if it matters to your question.
It's difficult to guess regarding your question. What is the media awareness of the average potential Tesla buyer? Potential Tesla buyers often know Tesla owners, and it is well known in the Tesla community that this accident had nothing to do with FSD (impossible) or autopilot (extremely unlikely). So, if I had to guess, I would say FSD take rate is unaffected.
 

Jtung230

Heisman
Jun 30, 2005
19,084
12,249
82
The Texas accident doesn't change anything in my eyes because it is incredibly obvious that autopilot wasn't involved. Journalism is dead, and everything is clickbait. There are so many things wrong with the reporting of the Texas story. I don't really feel like going into everything. I can if you want, or if you have a question about the accident. Times like these, I wish Tesla didn't dissolve their PR dept.

A portion of FSD revenue is deferred. I don't know what %. Not sure if you knew that, or if it matters to your question.
It's difficult to guess regarding your question. What is the media awareness of the average potential Tesla buyer? Potential Tesla buyers often know Tesla owners, and it is well known in the Tesla community that this accident had nothing to do with FSD (impossible) or autopilot (extremely unlikely). So, if I had to guess, I would say FSD take rate is unaffected.
I don’t know all the technical stuff related to the FSD. The only fact to the story is that no one was in the driver seat. It would be good when Tesla releases all the data. I agree with you on the sale of FSD. It wasn’t a top seller to begin with and people who buy it won’t care about these type of stories.
 

T2Kplus20

Heisman
May 1, 2007
31,203
19,209
113
I don’t know all the technical stuff related to the FSD. The only fact to the story is that no one was in the driver seat. It would be good when Tesla releases all the data. I agree with you on the sale of FSD. It wasn’t a top seller to begin with and people who buy it won’t care about these type of stories.
Stupid people do stupid things. That's the story.
 
Dec 4, 2010
5,866
5,256
0
I don’t know all the technical stuff related to the FSD. The only fact to the story is that no one was in the driver seat. It would be good when Tesla releases all the data. I agree with you on the sale of FSD. It wasn’t a top seller to begin with and people who buy it won’t care about these type of stories.
Didn't you see the driver's ed movie in high school.."Dice in a Box"? Unbelted occupants can end up anywhere in a wreck, and this was a high speed crash.
Incredibly irresponsible for the police officer who spoke to reporters to say, "100% certain no one was driving at the time of impact". If I were his superior, I wouldn't be happy. Same officer said the fire took hours to extinguish. Also wrong. And of course the media then runs with the quotes.

My impression...2 morons put the car in launch mode on a residential street with a curve in the road. Natural selection took over from there.
 
  • Like
Reactions: T2Kplus20

Jtung230

Heisman
Jun 30, 2005
19,084
12,249
82
Didn't you see the driver's ed movie in high school.."Dice in a Box"? Unbelted occupants can end up anywhere in a wreck, and this was a high speed crash.
Incredibly irresponsible for the police officer who spoke to reporters to say, "100% certain no one was driving at the time of impact". If I were his superior, I wouldn't be happy. Same officer said the fire took hours to extinguish. Also wrong. And of course the media then runs with the quotes.

My impression...2 morons put the car in launch mode on a residential street with a curve in the road. Natural selection took over from there.
Except there was an eye witness confirming no one was in the driver seat before the crash.
 
Dec 4, 2010
5,866
5,256
0
Except there was an eye witness confirming no one was in the driver seat before the crash.
No chance unless they were driving with a broomstick or a cinder block on the accelerator.
Autopilot, even if it was possible to engage it on a residential street, which is unlikely, would max the vehicle speed at +5 mph over the speed limit.
You have a link with that eyewitness quote?
 
Dec 4, 2010
5,866
5,256
0
LOL. Sorry, I couldn’t connect the dots for you.
Mark Herman, the Harris County Precinct 4 constable, said that physical evidence from the scene and interviews with witnesses led officials “to believe no one was driving the vehicle at the time of the crash.”

Physical evidence: neither body was found in the driver's seat.

Interviews with witnesses: They were going for a ride to test the car's self driving capabilities.

Your Honor, do those 2 things = no one was in the driver's seat at time of crash?

Keep in mind, this police constable already lied about how long the car burned. He was later corrected by the fire chief.

It's good to be skeptical, but if I have any credibility with you, my opinion is there is no possible way for any autonomous software to have been engaged at the time of this accident. I have no evidence that they tried to put the car into launch mode, but, IMO, my story makes a hell of a lot more sense than the constable's.
 
Last edited:
  • Like
Reactions: T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,203
19,209
113
Mark Herman, the Harris County Precinct 4 constable, said that physical evidence from the scene and interviews with witnesses led officials “to believe no one was driving the vehicle at the time of the crash.”

Physical evidence: neither body was found in the driver's seat.

Interviews with witnesses: They were going for a ride to test the car's self driving capabilities.

Your Honor, do those 2 things = no one was in the driver's seat at time of crash?

Keep in mind, this police constable already lied about how long the car burned. He was later corrected by the fire chief.

It's good to be skeptical, but if I have any credibility with you, my opinion is there is no possible way for any autonomous software to have been engaged at the time of this accident. I have no evidence that they tried to put the car into launch mode, but, IMO, my story makes a hell of a lot more sense than the constable's.
End of topic! :)

 

Jtung230

Heisman
Jun 30, 2005
19,084
12,249
82
Mark Herman, the Harris County Precinct 4 constable, said that physical evidence from the scene and interviews with witnesses led officials “to believe no one was driving the vehicle at the time of the crash.”

Physical evidence: neither body was found in the driver's seat.

Interviews with witnesses: They were going for a ride to test the car's self driving capabilities.

Your Honor, do those 2 things = no one was in the driver's seat at time of crash?

Keep in mind, this police constable already lied about how long the car burned. He was later corrected by the fire chief.

It's good to be skeptical, but if I have any credibility with you, my opinion is there is no possible way for any autonomous software to have been engaged at the time of this accident. I have no evidence that they tried to put the car into launch mode, but, IMO, my story makes a hell of a lot more sense than the constable's.
There are lot more questions than answers. at this point. Why did they test self driving capabilities when the car didn’t have FSD option? The good thing is that all these cars have black boxes now. We don’t have to guess. Let’s see what the data says.
 

Jtung230

Heisman
Jun 30, 2005
19,084
12,249
82
End of topic! :)

You are too funny. You said the car didn’t have FSD but these guys were going to test it. Isn’t it worst if a driver was in the driver seat during FSD mode when the crash happened? I think the story is better for Tesla if no one was in the driver seat. Then it’s just two idiots over trusting the FSD.
 
Dec 4, 2010
5,866
5,256
0
You are too funny. You said the car didn’t have FSD but these guys were going to test it. Isn’t it worst if a driver was in the driver seat during FSD mode when the crash happened? I think the story is better for Tesla if no one was in the driver seat. Then it’s just two idiots over trusting the FSD.
The owner didn't purchase FSD.
Going for a ride to test self driving capabilities does not imply FSD. Autopilot would fit under that umbrella.
 
  • Like
Reactions: T2Kplus20

RUTGERS95

Heisman
Sep 28, 2005
29,452
40,549
113
Frida, that is not on Trump at all. Trump is the result of a failed GOP party that no longer represents Rep ideals. Trump had a great Presidency when you look at the overall but lacked any real support and was subject to constant harassment.
 
  • Like
Reactions: RUDead

RUTGERS95

Heisman
Sep 28, 2005
29,452
40,549
113
Should we cut social security, military spending, or medicare/medicaid?
I think you'd be surprised what SS is used to fund and the pillaging of the SS fund by politicians since Reagan imposed the SS tax. I'ts actually quite sad.

Military spending is far from a sunken cost as much of the tech slips into the private economy leading to enormous societal benefits

midicare/medicaid-YES!
 

T2Kplus20

Heisman
May 1, 2007
31,203
19,209
113

RUAldo

All-Conference
Sep 11, 2008
4,653
3,323
113
I’m wondering if Apple’s commitment to build a large presence in NC means anything from an auto perspective. I believe BMW is in Spartansburg, SC and Daimler in NC? Others?
 

RUTGERS95

Heisman
Sep 28, 2005
29,452
40,549
113
I’m wondering if Apple’s commitment to build a large presence in NC means anything from an auto perspective. I believe BMW is in Spartansburg, SC and Daimler in NC? Others?
all it means is more libs in NC lol

funny how those tax advantages work
 

RUTGERS95

Heisman
Sep 28, 2005
29,452
40,549
113
I'm just curious if all this talk here with investments is people in thier 401k/IRAs or is it real coin out of an investment account?

Mine is a personal investment account (I rarely play the 401k but did move to cash and reinvested it all back feb-June as I saw the coming issues with the chinese virus due to some mil guys on various boards)
 
Dec 4, 2010
5,866
5,256
0

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
I'm just curious if all this talk here with investments is people in thier 401k/IRAs or is it real coin out of an investment account?

Mine is a personal investment account (I rarely play the 401k but did move to cash and reinvested it all back feb-June as I saw the coming issues with the chinese virus due to some mil guys on various boards)
I moved all my 401K over to an IRA so I can trade it. 67% of assets in IRA and 8% ROTH IRA and 25% in another brokerage acct.
 

phs73rc77gsm83

All-Conference
Aug 11, 2011
3,060
3,858
83
I moved all my 401K over to an IRA so I can trade it. 67% of assets in IRA and 8% ROTH IRA and 25% in another brokerage acct.

Those percentages are fairly close to mine in terms of tIRA, Roth, and brokerage. I’m retired and have been doing Roth conversions, which I’ll continue. I have 7 or 8 years before RMDs and tax rates are scheduled to revert to the higher rates in a few years so now is the time for me to do this. Just a note to other posters, keep an eye on the size of your tIRA, balance between traditional and Roth, and possible implications down the road with RMDs (especially when one spouse passes).
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Those percentages are fairly close to mine in terms of tIRA, Roth, and brokerage. I’m retired and have been doing Roth conversions, which I’ll continue. I have 7 or 8 years before RMDs and tax rates are scheduled to revert to the higher rates in a few years so now is the time for me to do this. Just a note to other posters, keep an eye on the size of your tIRA, balance between traditional and Roth, and possible implications down the road with RMDs (especially when one spouse passes).
I was thinking about converting more IRA to Roth IRA the next 2 years. I was expecting to collecting my social security next year but might put it off the following year to convert the IRA. I had to cash in all the bonds from my inheritance this year. It’s all going to the next generation.
 
Last edited:
  • Like
Reactions: phs73rc77gsm83

phs73rc77gsm83

All-Conference
Aug 11, 2011
3,060
3,858
83
I was thinking about converting more IRA to Roth IRA the next 2 years. I was expecting to collecting my social security next year but might put it off the following year to convert the IRA. I had to cash in all the bonds from my inheritance this year. It’s all going to the next generation.
Good stuff. It’s definitely worth spending some time and do some “what if’s.” Whether conversions make sense depends on the individual circumstances but for me it makes good sense. Good luck!