Tesla [first in World] Full Self Driving v9 BETA using only Vision/AI finally released.

[Hamartia Antidote]

Self driving?? You got to be kidding me ! IS THIS WHY TESLA CARS KEEPS CRASHING??

U.S. Will Investigate Tesla’s Autopilot System Over Crashes With Emergency Vehicles (Published 2021)

It will be the broadest look yet at Tesla’s assisted-driving technology. The National Highway Traffic Safety Administration has the authority to force a recall or require new safety features.

www.nytimes.com

U.S. Will Investigate Tesla’s Autopilot System Over Crashes With Emergency Vehicles
It will be the broadest look yet at Tesla’s assisted-driving technology. The National Highway Traffic Safety Administration has the authority to force a recall or require new safety features.

Tesla Autopilot is being investigated by NHTSA over 11 crashes involving first responder vehicles

Tesla Autopilot is being investigated by NHTSA over 11 crashes involving first responder vehicles

The US National Highway Traffic Safety Administration (NHTSA) has announced that it’s opening an investigation into Tesla Autopilot over its...

electrek.co

Autopilot (released in 2015) is not the FSD software, nor the new FSD beta (2020). Three different things..try not to spew all over yourself next time before posting


Autopilot

• Traffic-Aware Cruise Control: Matches the speed of your car to that of the surrounding traffic
• Autosteer: Assists in steering within a clearly marked lane, and uses traffic-aware cruise control

Full Self-Driving Capability

• Auto Lane Change: Assists in moving to an adjacent lane on the highway when Autosteer is engaged
• Autopark: Helps automatically parallel or perpendicular park your car, with a single touch
• Summon: Moves your car in and out of a tight space using the mobile app or key
• Smart Summon: Your car will navigate more complex environments and parking spaces, maneuvering around objects as necessary to come find you in a parking lot.
• Traffic and Stop Sign Control (Beta): Identifies stop signs and traffic lights and automatically slows your car to a stop on approach, with your active supervision

FSD (Beta)

 

[VCheng]

Autopilot (released in 2015) is not the FSD software. Two different things..try not to spew all over yourself next time before posting

I am sure the investigation will look into all iterations, right up to the current ones.

 

[VCheng]

U.S. senators say Tesla Full Self-Driving overstatements puts public at risk for 'serious injury or death'

Two U.S. senators are pushing back against Tesla's marketing of its driver assistance systems, claiming that the company's name for them misleads the public.

www.autoblog.com

Tesla Full Self-Driving overstatements, senators say, risk 'serious injury or death'
They ask the FTC to investigate Tesla for misleading and endangering the public

 

[F-22Raptor]

https://twitter.com/x/status/1428007471843532805

 

[Hamartia Antidote]

 

[Hamartia Antidote]

 

[VCheng]

Musk admits Tesla's latest self-driving software update 'not great'
Full self-driving? No time soon.


The billionaire entrepreneur tweeted that the Full Self-Driving Beta version 9.2 is "actually not great imo (in my opinion), but Autopilot/AI team is rallying to improve as fast as possible."

"We're trying to have a single stack for both highway & city streets, but it requires massive NN (neural network) retraining."

Musk admits Tesla's latest self-driving software update 'not great' - Autoblog

Tesla is facing heat from regulators who question its Full Self-Driving feature's ability to live up to its name as Autopilot remains under investigation.

www.autoblog.com

 

[Hamartia Antidote]

Musk admits Tesla's latest self-driving software update 'not great'
Full self-driving? No time soon.


The billionaire entrepreneur tweeted that the Full Self-Driving Beta version 9.2 is "actually not great imo (in my opinion), but Autopilot/AI team is rallying to improve as fast as possible."

"We're trying to have a single stack for both highway & city streets, but it requires massive NN (neural network) retraining."

Musk admits Tesla's latest self-driving software update 'not great' - Autoblog

Tesla is facing heat from regulators who question its Full Self-Driving feature's ability to live up to its name as Autopilot remains under investigation.

www.autoblog.com

You missed the end part

 

[VCheng]

You missed the end part

Much improved, yes, but a lots of improvement still needed. No, I got it right.

 

[F-22Raptor]

https://twitter.com/x/status/1430657502966910985

 

[VCheng]

https://twitter.com/x/status/1430657502966910985

"Should" be there. Right.

 

[F-22Raptor]

"Should" be there. Right.

Cathie Wood today stated Tesla has the "pole position" in AI and that by 2030 autonomous taxi networks TAM will be $11-12 trillion dollars and $3-5T by 2025........from nothing today.

We're moving rapidly toward electric autonomous vehicles and Tesla is the clear leader. The TAM is massive and that's why I believe Tesla will be the most valuable company in the world in 5 years.

 

[VCheng]

that's why I believe Tesla will be the most valuable company in the world in 5 years.

I respect your right to believe that about Tesla, sure.


Here is what some others are saying:



1st Gear: None Of This Makes Sense

Tesla’s stock price is overinflated. We all know that kind of generally, but it’s hard to pin down exactly how perception doesn’t meet reality, though this new report from The Financial Times does help. It focuses on Morgan Stanley’s Adam Jonas’ recent “bullish missive” on Tesla’s valuation following AI Day, the time when Elon brought someone in a morph suit onstage and claimed he was going to make robots for colonizing Mars. Elon was, amazingly, not laughed out of town.

Here is Jonas’ valuation:

Our PT of $900 is comprised of 6 components: (1) $375/share for core Tesla Auto business on 5.6mm units in 2030, 8% WACC, 14x2030 exit EBITDA multiple, exit EBITDA margin of 20%. (2) Tesla Mobility at $75 on DCF with 500k cars at $1.7/mile by 2030. (3) Tesla as a 3rd party powertrain supplier at $88/share. 4) Energy at $78/share. 5) Insurance at $30/share. & 6) Network Services at $255, 17mm connected fleet, $100 ARPU by 2030,20% discount

And here’s what the FT has to say about it:

Ignoring the fact that two of these business lines literally do not exist, we were drawn to the insurance segment. Although it seems relatively insignificant at just 3.3 per cent of the $900 price target, you might be surprised to know that 3.3 per cent of $700bn is actually quite a chunk of change.

As a quick reminder, Tesla’s own in-house insurance is currently only offered in California. And the car company doesn’t actually underwrite the risk itself. Instead, it simply acts as a broker for State National Insurance Corporation, a subsidiary of insurance giant Markel. So in all likelihood, the business segment is probably a rather low-margin broking business for a car brand that currently commands a 2 per cent market share in the US. We say “probably” because the disclosure around the insurance business is thin: it was only mentioned four times in the recent 10-Q filing.

So back to Jonas’s Tesla Insurance valuation. Take Tesla’s shares outstanding — 990,015,158 — and multiply those by $30, and what do you get? $29.7bn.

If that sounds like a lot, that’s because it is. In fact, it would make Tesla’s insurance business the 21st most valuable insurance company in the world. Worth more than Aviva, Arthur J Gallagher and Hannover Rück — the third largest reinsurer globally. Indeed, at that valuation, Tesla Insurance would be worth roughly two-thirds of AIG, a company with an asset base of $395bn.

Again, we sort of get that there’s no real way Tesla can be worth more than established auto giants like Ford, or Volkswagen, but it’s interesting to see a more granular view in how the valuation doesn’t make any sense. It’s so overinflated generally that there’s no way the individual parts of Tesla’s business can support it.

Break Down Tesla Valuations And Everything Looks Bonkers

One analyst's valuation put Tesla’s CA-only insurance as the 21st most valuable worldwide.

jalopnik.com

 

[F-22Raptor]

https://twitter.com/x/status/1430767616524787712

 

[Hamartia Antidote]