If anyone with money believed a word of what Elon mumbled on Autonomy Day the stock would have moved up. (It didn’t)

What from Autonomy day was unbelievable?

Self driving robo taxi service operational next year.

Oh, that makes sense. I wouldn’t believe that either.

The computer was the central point though, I thought. All of that seemed very believable.

The stock didn't move down at all after the (negative?) earnings call either.

Tesla is currently priced correctly.

Sure. Because no one believes that Tesla is going to reach level 5 autonomy and sell people cars that will make the owners $30K profit/yr.

What is odd to me: no one thinks that promising and failing to deliver lvl 5 will hurt Tesla very much.

Really? It seems almost inevitable that they will do it, and be the first to do it as well..

Now is a great time to buy if you are right!

(Also, now that the market is open the stock is going down. We’ll see if that lasts.)

In the long term robotaxis will be a commodity service with razor thin margins: just like existing taxis, airlines, and shipping.

Maybe not a big win when selling taxi rides, but a pretty big win if you are selling taxis :)

I don't know man, imagine all the advertising opportunities they have. They can play ads on screens all over the car the entire ride. They can suggest restaurants and bars and charge them for each customer they bring.

musk does the whole tesla pump before everything, go through his twitter/tesla blog posts

Yeah it kinda feels like a pattern.. he made the Truck announcement at the heart of the ramp up struggles. And obviously the Autonomy Day was well placed. Now their fleet + over the air autonomous implementation ~felt like a solid foundation with potential to grow high and large (unlike previous version of AP). Which makes me believe that Musk still manages to steer progress serious into Tesla and is not just creating a russian doll ponzi scheme in a single company.