Tesla profit plunges as sales fall and AI expenses pile up(www.axios.com)
57 pointsby rurp8 hours ago4 comments
  • rurp8 hours ago
    And, of course, the stock price is up. I guess Tesla can keep skating above reality for more years.
    • Havoc6 hours ago
      Problem with that is that it makes a catastrophic price collapse more likely.
      • verdverm5 hours ago
        I suspect the people who matter will get their $1T payday first
    • 8 hours ago
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  • breve8 hours ago
    > Musk told the World Economic Forum in Davos last week that Tesla would begin selling humanoids by the end of 2027: "I think everyone on earth is going to have one and want one."

    Sure. He also thought there would be a million Tesla robotaxis on the road by 2020:

    https://www.thedrive.com/news/38129/elon-musk-promised-1-mil...

    • hshdhdhj44445 hours ago
      My favorite is taking deposits for the roadster since 2017:

      > A prototype of the Roadster was shown in a surprise moment…with a tease of availability in the year 2020

      > In July 2020, during the 2020 second quarter financial results conference call, Musk stated that Tesla plans to tentatively build the Roadster in California and production would be in the next 12 to 18 months, indicating mid to late 2021.[33]

      > In January 2021, Musk tweeted that production would be delayed until 2022. He commented that in 2021, the company would finish engineering the Roadster with the goal of having a "candidate design drivable late summer".[34] In September 2021, Musk said that production would be delayed until 2023.[35] Musk further confirmed the 2023 target at the 2021 shareholder's meeting in October,[36] which was then changed to 2024 at the May 2023 shareholder's meeting.[37] In February 2024, the production date was changed to 2025.[38]

    • tzs6 hours ago
      Anyone else concerned that "humanoid" is not followed by "robot" in that quote?
      • a_vanderbilt4 hours ago
        It might be wordsmithing to skirt around "robot" as a fully autonomous entity. Much like their FSD, I expect they aren't going to deliver full autonomy anytime soon.
  • earsayapp4 hours ago
    I remember in 2015 saying on HN Teslas will never truly drive themselves and was laughed off this site. Still not there a decade later and now Musk says they are moving on to humanoid robots, another thing that’s never going to really happen.
    • dham4 hours ago
      99% of my driving is FSD. Yea it took a while but with FSD 14 it's finally here. No other consumer self-driving is close. If you saw what this thing could do you would never not use it. It's like driving without a seatbelt now. You would never not want to be driving without it.
    • powerbook5300CS4 hours ago
      My Tesla drove me to the supermarket today. I pushed a button and it took me there and parked in a good spot. It drove me to another state this summer. It works and works very well. Not sure if you’re up to date here because the full self driving is incredible. Nobody is even close to touching Tesla here, they’re 5 years ahead of any other car maker in this respect.
      • gamblor9563 hours ago
        If by that you mean in terms of fatalities, then you would be accurate. Tesla advanced-driving systems have more recorded fatalities than the entire rest of the automotive industry worldwide combined.

        It does not matter how you dice up the statistics (i.e., miles driven, risk levels of the drivers, by year, by location, etc). Tesla AP and FSD are the most dangerous driving systems on the road.

      • NicoJuicy4 hours ago
        Waymo is better