ROFL. Never heard of GM, American airlines or Sears have you?
People must be confusing bankruptcy with liquidation. A company can go bankrupt and still operate and even come out of bankruptcy stronger aka GM and American.
As for whether the govt would bail them out, there already is an expanded tax credit bill in the works
I agree with Michael. Ordering expensive software package from Tesla is a gamble (that they will get the software fully functional) on a gamble (that their EVs will retain value). Akin to ordering the wheel protection package at the Finance managers desk
Thatās the big issue with Muskā¦overpromise and under deliver. People paying for FSD now is just another way to give TSLA a free loan.
Tesla is collecting money without giving a return ā plus it helps prop up their financial statements.
You do get a few tangible features like Summon if you pay for Full Self-Driving now, and theyāre planning on raising the price to $8,000 soon.
Is summon really worth 5 grand? It wouldnāt be to meā¦I can walk 20 steps to my driverās door.
Preach my man --all these gimmicks ā i do like the interface and glass roof though ā electric is the future
No doubt. Itās just in its infancy. Itās gonna take time though for the others to ramp up and adoption in the 49 states not named CA.
From their websiteā¦you can see what FSD has now and what will have soon.
"Full Self-Driving Capability
Coming later this year:
Iāll believe it when I see itā¦later this year or 3 years from now. You never know with Muskā¦like the 35k car that was way late to the party, and then hidden 6 weeks later.
Tbh, none of that currently available is worth 5 large to me; Iām capable of doing all of those things myself. To each their own though.
Thatās fineā¦luckily for them you are not the only buyer in the market. You are definitely not from Ca either. I only takes you a few drives on 405, 110, 91 or the 5 to see value in their AP. Our freeways are parking lotsā¦you donāt drive on them. I see Tesla owners everyday being driven to work by their cars. If what we are doing in L.A. is driving them iām ready to sleep in my way to work.
Iām not from CA, but I sit in a parking lot here too daily, both to and from work. Iāve driven LA freeways several times with a stripper Cruze or a POS Versa too.
I guess itās a CA thingā¦I didnāt see much difference driving there vs the east coast.
My concern with all this BS, outside of not seeing the value, is people abusing its intended use and not paying attention like they should, or doing other things while the car ādrives you.ā An airplane flies itself 95% of the timeā¦but thereās at least 1 person paying attention to what the hell is going on at all times too.
Software isnāt perfect, and it never will be. There will always be bugs or glitches.
And humans are? 20 years from now there will be only AP cars and over confident grandpas thinking they drive better.
Of course people abuse it but thatās not a good enough excuse to stop progress on it.
I never said stop progress. I just donāt like the concept coupled with morons behind the wheel.
No, never said humans are perfect either. That said, Iād rather fly an airplane with someone paying attention to the controls than be stuck in traffic with a bullet coming right at me and the guy behind the wheel reading the Wall Street Journal.
Once againā¦to each their own.
True that.
Interesting numbers released by Tesla last Qā¦
āDuring the Q4 2018 Tesla registered:
Autopilot engaged: one accident for every 2.91 million miles driven
Without Autopilot: one accident for every 1.58 million miles driven
NHTSAās most recent data for U.S.: an automobile crash every 436,000 milesā
Autopilot wonāt prevent someone else running into you. Thereās always going to be people on there phones without a care, those are the ones you have to worry about. I agree it helps the drivers who has it, but itās not worth $5k. All cars come standard with collision braking, which is really all you need if you pay attention. $8k possibly for a software that isnāt here, is ridiculous. As @mp11477 said this is a loan they are using to offset model 3 cost, to streamline production more and help their balance sheet
Hereās the issue with thisā¦
There are 200,000 Teslaās on the road today, and not all of them are equipped with this. There are 20 million other cars on the road today not named Tesla. This would skew the average to Tesla. For example, out of those 200,000 Teslaās without autopilot engaged, they are theoretically no safer than a regular car. Due to the smaller amount of them on the road today though, itās easy to see why they went 1.6 million miles between an accident vs one of the 20,000,000 not named Tesla. Itās really not apples to apples.
Not saying these numbers are wrong, but theyāre just a blip on the radar at the moment. Now, add a couple million Teslaās to the fleet and then these numbers start to look a little more impressive, or less like spin.
Actually even without taking Autopilot into consideration, Teslas are much safer than the average car.
Iām talking accidents, not injury probability.
So a car in which passengers have a significantly less chance of suffering an injury is not safer?