Tesla and SpaceX lose over $420B in combined market cap in the two days

Re:Tesla and SpaceX lose over $420B in combined market cap i... by Dig1t on Friday November 06, 2026 @04:18PM (#50398670)

I and many millions of other Americans will happily ride in them. Your particular political view does not even represent 50% of the country. Even if you say 50% of Americans will boycott the company purely for political reasons, that's still a market of 150M people.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by UltraSane on Friday November 06, 2026 @04:32PM (#50398813)

I do not trust any self driving car that can't directly measure distances to objects and instead just guesses it from video cameras.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by Dig1t on Friday November 06, 2026 @05:39PM (#50399455)

Do you not trust any human drivers? They only have 2 eyeballs and cannot precisely measure the distance to any objects.

My guess is that you have ridden in an Uber or Lyft before and were comfortable enough to rely on their eyeball based system even though they weren't able to measure the distance to objects.

Regardless of whether you personally trust a camera-based system, the data do seem to show that it is possible to build a camera-based self driving system and have it be safer than human drivers.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by UltraSane on Friday November 06, 2026 @06:12PM (#50399791)

Current computer binocular vision are not at all comparable to human vision and humans really aren't that great of drivers anyway.

What data? I don't really trust Tesla to release accurate data.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by archagon on Friday November 06, 2026 @07:01PM (#50400212)

The CEO of a company saying and doing batshit crazy things for no reason, leading to a 50% (or 25%, or even 10%) global boycott, does not instill confidence in the company as an investment opportunity.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by UltraSane on Friday November 06, 2026 @10:54PM (#50401475)

And if Musk were to suddenly die the value of his companies would instantly crater.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by sejje on Saturday November 07, 2026 @06:33PM (#50409059)

Not sure if this is an indictment of the company, or an endorsement of Musk.

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Re:Tesla and SpaceX lose over $420B in combined market cap i... by UltraSane on Saturday November 07, 2026 @07:21PM (#50409367)

It is an acknowledgement that gullible people fall for Musk's hype over and over.

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