FSD

meshreplacer

Get rid of the tablet, get rid of the cameras, the FSD computers, manual windows. You bring your own tablet, install the tesla drive app and with Bluetooth it connects to the car.

Anxious-Count-5799

I think EV's are always going to be a mediocre investment and are generally propped up on fluff. This does not include tesla which has serious potential to get many billions in subscription revenue and licensing fees for FSD, which is a groundbreaking technological advancement.

plu5on3

With FSD you can also rent the tesla out to fetch homeless people around

jglover82

Tesla out here innovating Optimus, FSD, robotaxi, Cybertruck.....and Legacy auto is like: Can we use your superchargers Elon? LOLOL

m0viestar

They don't have any AI revenue recognized on their balance sheet. FSD is not considered AI revenue. Tesla marketing materials might say it is but it legally is not. Can you read a balance sheet or are numbers too hard? Energy storage is not AI revenue.

kad202

Elon taunting on his FSD really is fucking 🌈 🐻 with no lube

GriddyGang

Are you dense, they defer revenue for FSD every quarter. Energy storage revenue? The margin were at 26 percent this quarter, autobidder with AI as well 

m0viestar

Where is their billions of revenue from AI, FSD, or any of these other growth drivers you are talking about? It simply doesn't exist. If it did, it would show up in their balance sheets.

RDDTModsSuckDick

This is up bc of Elmo’s masterclass in grifting and lying. When will FSD be good enough for robotaxi? When will the budget EV be ready? Elmo says second half of next year. When was the last time Tsla delivered anything on time? Cyber truck was 2 years late. So if we optimistically say the sub25k Eva will be ready in 2026, and robotaxi will be ready in 2026, what the fuck will they do to keep rev growing between now and 2026? Nothing. Take this quarter and repeat it 8 more times.

Ill_Try1620

FSD 12.3

Equivalent_Wafer_918

Did any of you TSLA bull regards actually listen to the earnings call? Here's the recap: They missed every single financial target, there's no Model 2, they're going to cut the margin of models 3/Y down to wafer thin and rebrand them 'Model 3 Short Range' (or some other esque name), they're going to launch a Robotaxi real soon (Cybertruck took four years from reveal to launch), stock on hand has almost doubled bc no wants their cars, the market wants hybrids and they sell EVs but the customer is wrong, they gave no guidance as to how it's getting any better any time soon, FSD is three years away from being a commercially viable product (ahem, wasn't that supposed to be solved like 3 years ago), the EV biz is hard so they're going to pivot into robots and cloud computing, and then the investor relations guy resigned at the end!

laowang1

no, there was a time, a male rider with his husband, both eagerly want to try FSD when I asked them if they want to. So I would assume male biological function plays a role here

Previous_Shock8870

Reddit was SLAMMED with peoples FSD curbing itself and pulling into traffic. FSD caused a literal pileup yesterday. FSD is aids.

DankRoughly

All it takes is an announcement that an OEM is licensing FSD and 🚀. Will take awhile for substantial FSD revenue to actually materialize, but the market can price it in pretty quickly.

wayfarer8888

I think 🤔 I won the bullshit bingo after he said "robotaxi", "SaaS company", 🔵, "AI", "FSD out licensing". Did I miss one? Cybertruck maybe? Hmm, no..

Jasonisftw

'FSD' 'Robotaxi' 'Mats' 'Deeznuts'

2cents-worth

In theory Tesla can simply rip out all the FSD stuff, 360 cams, and downgrade the motor on a model 3 to reduce costs and increase range. Basic car tech, with set cruise control and blind spot monitor can be a cheaper trim on a base model 3.

dan-kappa

I tried the new FSD. It’s unbelievably good. I highly recommend any person who’s long puts to go try it out. It will make you reconsider. The small Tesla doesn’t matter.

Rebelcr7

Summary of earnings call for those who missed Model 2 is not cancelled but instead accelerated FSD has 300 billon miles of data and a better version will come in 4 months. FSD should face little regulatory hurdles as it’s almost safer then a human Deal with secret legacy automaker(I think ford) to license FSD TSLA is sitting on an ungodly amount of NVDA H100 cards Optimus robot by eoy in factories, end of 2025 for consumer use Robotaxi in August The head of investor relations gave a farewell speech at the end, it sounds like he was laid off by Musk. He’ll be gone after next earnings The future is bright

euxene

FSD driving me to the gym, no intervention is pretty dope :)

Wabsoul

They could tomorrow if they used Mercedes stipulations of driving no faster than 40, on certain pre mapped highways, where there is a car infront of you. That l3 is a massive gimmick. - and if Tesla did that all the mouth breathers would trash the company and say the software is trash and can’t even drive above 40. What teslas currently can do is much more impressive. As well, that would be pointless in the long run on solving true self driving. Having teslas train on every single road , in every situation, allows for the end to end system to learn as fast as possible. There’s a reason why FSD is free for every owner for a month and it’s not just to entice sales. Training miles driven is important.

JGWol

The difference is easy to spot. Tesla stock was down 40% YTD, and earnings missed 11%. They provided excellent guidance, promised to release their new, budget model ahead of schedule, and delivered promising news and insight into their FSD tech and even followed up on robotaxi release, and talked about their robot tech. Netflix was up 15% YTD, beat earnings, but had very warm guidance, announced they are no longer releasing subscriber numbers, and said nothing else. I don’t know why this is hard for people to understand.

Tensoneu

2018 Model 3 production hell. In 6 years have multiple Gigafactories. Released Model Y, Cyber truck, and Semi, refresh Model 3. FSD beta releases to mass public in November/December of 2022. Optimus in development. Tesla Solar. Model Y becomes the top selling vehicle globally. GM since 2018. Promises 25 electrified cars by 2022. Releases a Bolt EUV. Shifting to Ultium Platform. Some new EV's are coming out. Ford since 2018. Releases Mach E and F150 Lightning. Last month Ford sold 4,400 Lightning trucks Tesla sold 3,878 Cyber trucks since December. I don't know but if I was a betting man, even if Tesla is labeled as an auto manufacturer, the past 6 years they've accomplished a significant amount compared to other automakers. Sure they may be a year or two late but they'll eventually deliver.

Wabsoul

I know facts don’t matter to the Reddit circle jerk, Autopilot is free and superior to the competition. Also you can get FSD for 99 a month currently

malignantz

Tesla's Full Stock Driving hit my short position like a child-sized mannequin attempting to cross the street. Absolutely bushwhacked. -2.5B FCF means nothing to you people. They didn't want to talk about the new cars. They abandoned unboxed method that's supposed to reduce COGS 50%. No good news on 4680. Seems like maybe they are abandoning the project or reducing their expectations heavily with comments about buying batteries. Oh, here's some mocked up "screenshots" of our RoboTaxi app for our "RoboTaxi". No stupid "later this year" timeline for FSD, so we know it is at least a couple of years out, but likely more, since they aren't yet testing their FSD cars. I don't get it.

JiForce

2 reasons stand out to me. 1, the stock trades very irrationally. It's a crapshoot that could go either way. 2, the roadmap for the next few years is looking iffy. They deprioritized the $25k car (Model 2 or whatever you want to call it) to get the Cybertruck out and are continuing to deprioritize it in favor of the Robotaxi, which is discouraging for a lot of people because FSD is nowhere near ready for that level of commitment. (not to mention the regulatory issues and delays around getting L4 or 5 autonomous driving ready for consumers)

euxene

if you cant afford to try the latest FSD you wont understand ;)

InIce1234

Watch 3 FSD 12 videos on YouTube.

GriddyGang

No shit, obviously they are using for FSD compute, something you can use on any new Tesla to drive. 

shawman123

Have you ever seen any group of folks so excited to pay 56B to their CEO which is > 10% of market cap. This is someone who already owns chunk of the stock. That is quintessential definition of cult. This is nothing but a meme stock. Otherwise after a shit earnings it should have tanked. Also folks are calling out something bs about earnings. how is Auto GM just down 20 basis points when Giga Berlin was down 2 weeks and price cuts and many other impact. Obviously they have booked a big FSD revenue recognition. We will only know the details when 10Q is out.

ButthealedInTheFeels

Elon is the king of fraud. FTFY He is basically no different than Elizabeth Holmes with many of his lies (FSD, Optimus, etc). I don’t understand how he hasn’t been sued over the roadster yet. Ppl paid up front for that vaporware

dmk_aus

Yes but when their next project (androids, robot taxis, FSD, long haul convoys, instant battery swaps, 1000mile range, etc. ) will totally solve it. Crazy that Tesla's competitive advantage is in development and TBD.

cass1o

> FSD 2017 called, they want their promise back.

euxene

you wont get it unless you have a Tesla and tried the latest FSD. check youtube

ButthealedInTheFeels

Model 2 being back on the table is just more transparent bullshit hype that musk has done literally every quarter when they are in trouble. It doesn’t change the fact that they are just a car company no matter how much he wants everyone to believe they are a tech company with “infinite demand”. Their growth is stalled, their operating margin is steadily declining and a lower cost economy car isn’t going to help that…base model economy cars are notoriously low margin. The robotaxi shit is just more literal vaporware like FSD and Optimus and dojo and semi and roadster. This thing has much farther to fall, it will just take the cult a little longer to wake up. Valuing it like the car company it is should be like $20 per share lol.

InIce1234

Of any FSD it feels like a real human is driving for the first time and it drives already better than 80% of 18-21 and 75+ year olds.

1artvandelay

What’s the WSB vibe on FSD 12. Anybody try the free month. I was impressed but logically I see full autonomy 10 years away. With how fast these neural nets learn though I won’t be surprised if it happens in 2 years. I don’t know what to think but I’m going to put 5% of my portfolio in TSLA in case this Robotaxi takes off. Tesla is the only company with infrastructure/hardware/software to make it happen.

christopher_mtrl

It's scheduled to hit the market right in between the guy in spandex and FSD, that is "next year", as of 5 years ago.

KenshiFilmoreDickson

He basically is proposing Uber but without the driver, which is basically the reason Uber can never make money. Remains to be seen if his FSD is good enough and will pass regulation but if it does it's not a bad idea.

BallPythonTech

You don't belong here! A true WSB regard would have used the proceeds from the short to go long on a stock that then drops. :) I think TSLA will see 140s again but not for at least a few months. The reality of declining sales, increasing costs (layoffs can help mitigate this some), increasing competition etc. will weigh the stock down. I think the FSD announcements are premature. Even if it worked great it will be some time before governments allow them to take over the streets. But some stocks stay overpriced for a very long time and eventually grow into their valuations. I am waiting for TSLA to be in the 120s to buy. I do think years from now it will be way higher, 1000? But that is years away.

DrummerCompetitive20

Which one of them will license FSD first?

WhySoUnSirious

It wil pop. But only when they truly fail on FSD. Right now there’s still hope. And remember a lot of this stock is owned by retail. Not by Wall Street. So it’s going to take a big failure for Elon Stan’s to drop the stock

looool_k_libtard

Teslas call should make diamond hand apes super bullish for AMC. FSD means you can get road head on your way to watch avatar 3: the blue cuck and not spill the bowl of soup you are sneaking into the theater

luv2block

Most likely more misfires. Musk needs to show he can actually finish the race when it comes to one of his innovation ideas. FSD was released in 2020 and it's still a beta product. I don't follow SpaceX but are they on their way to mars yet? He basically blew up Twitter and now it's just a dead thing on the side of the road people look at now and then. Cybertruck is a circus sideshow novelty. Like, the dude has got to show he can hit one out of the park. But instead he keeps hitting foul balls.

Commercial_Method278

Look a china bro they are not number 1 anymore, maybe here in the west. But I agree they could have a completely different business model with FSD, it might be better than a car company in the first place.

DrummerCompetitive20

Tesla in talks with GM to license FSD

natures3

Yeah Neural networks for unsupervised learning I guess. I think it was good move for FSD v12 and beyond to let the new ML framework learn real time on edge cases than to manually code edge cases with C++. Flywheel for ML.

ItsAConspiracy

I didn't claim anything about unsupervised FSD. But FSD with supervision is a product they have right now, and they're not going to stop improving it.

RunJumpJump

That's not how it works. You need a mind blistering amount of data to train the type of model being used with Tesla's FSD. If they *stole it*, that would be different. Google and Amazon built their own version of an LLM, which is something anyone can learn to do with online courses and AN ACTUAL GIGAFUCK'S WORTH IF DATA AND COMPUTING RESOURCES.

AyumiHikaru

Q2 will be better New model is coming sooner but more expensive than 25k and cost more, and last but not least AI FSD pump lol

nomad_ivc

> Expecting 650m FCF and came in at -2.5 BILLION Yep! Just look at the bar chart of Operating Cash Flow, and FCF: https://twitter.com/TheTranscript_/status/1782877141006446650 If there is an insight which isn't obvious to masses causing this spike, it should have become a 'headline' by now. Level of Tesla FSD maturity, as shared by a leading voice in AI. https://twitter.com/GaryMarcus/status/1778178462832075042

optionsCone

TSLA puts at Open. Shit will fade hard. More broken promises in this earnings. FSD this, FSD that. A 10 year broken record FSD: Fraudulent Steering of Drivers

Makyoman69

Expectations were to be worse than expectations. Last few weeks with price cuts to the FSD and Model Y, layoffs were priced immediately but wasn’t reflected in most of the analysis

olivefob

He has Indians around because they have to remotely drive all the FSD cars

Massivehelpedneeded

yea One i can drive and use FSD myself while the other I have no idea what AI AMW is.

olivefob

That's the guy that remotely drives all of Tesla cars as part of FSD

Ehralur

More importantly investors have been looking forward to the new models, so hearing they're pulling them forward was positive news for the short term investors on WS. In reality, it really doesn't matter if they start producing them mid 2025 or early 2025. Much more important is if they are still on track to solve FSD and scale energy.

22pabloesco22

Elon: Trust me bro! Ain’t no one ever gonna license FSD. He’s been using that pump for years now 

Leather_Baker8624

What even is a FSD

harrychapman92

Market likes talks to license FSD which is a decade away

Kitchen-Lavishness88

Tesla bears gonna suicide tmw morning. FSD licensing to others is huge. As someone with bluecruiss on their car it’s fucking useless.

JakeTappersCat

Will Boeing license FSD to fly their planes into the ground automatically?

devereaux

Putting Tesla's shit FSD in an F-150 is a recipe for catastrophe

dreamwagon

Can't tell you who the FSD automaker is but it rhymes with Gourd

ConfusedKanye

THE FUCKING FSD LICENSE 

uwvirgin

Licensing FSD with major automaker >!Nikola!<

ItsAConspiracy

Tesla will still have FSD, Optimus, Dojo, and a giant AI training computer, regardless of what happens with x.ai.

uwvirgin

Licensing FSD with major automaker >!Nikola!<

hoobaacheche

FSD license is a fucking big deal

heizenbergbb

Licensing FSD 

Rebelcr7

He essentially just said 3 to 4 months until a massive FSD upgrade 

BIP3N

Tesla talked about FSD, AI, Humanoid Robots, and AWS data collection with the cars, and Robotaxis 💪🏾

RentDesigner5551

Elon: 8 million cars on FSD stock goes up 0.5% Elon: maybe 9 million cars on FSD stock goes up 0.5% Elon: perhaps tens of millions of cars on FSD stock goes up 1%. How fucking stupid

Rebelcr7

No regulatory hurdles since FSD will be safer then you driving 

SyntholBiceps

AI ROBOTS FSD MOST VALUABLE SINGLEHANDEDLY NO COMPETITION HORSE CARRIOTS Elon going full pumpmode

bevo_expat

Said they would speed up development of the “model 2” cheaper EV, but that feels like another “FSD promise” to me

ChurchOfThePainful

Call side looking yummy. Hopefully king Elon doesn't crap the bed on the call. Share Buyback, Mexico is a GO! FSD one time transfer, Optimus working in factories, Prius, I mean model 2 shipping EOY.

AP9384629344432

The numbers are gonna get worse. All those recent price cuts (FSD full package / subscription and new discounts in China / US / Australia / etc.) all happened in this current quarter, i.e., are not reflected in today's report. It seems TSLA is recognizing deferred FSD revenue, possibly to juice the quarterly numbers. That means it won't get included in the next earnings report. They burned up $2.6B in FCF this quarter, reducing cash position from $29.1B to $26.8B. GM by contrast did $1.8B in automotive FCF. Tesla specifically seems to be getting hit harder by the rate hikes than other companies. When Street starts valuing a car company like a car company, watch out.

rideincircles

Once it's valued as an AI company, it will explode in price again. Tesla is building massive scale data centers to train their robotaxis, and they have more driving data than almost all of their competitors combined. FSD is now passing the student driver level and will only continue improving from here.

luv2block

except this is the opposite of how Musk does business. He picks lofty goals and then stays focus on achieving them. If they abandon those goals, like FSD, in order to make little shitboxes for $20k, the company will die. Musk isn't hardwired to run an e-scooter company.

Tytler32u

You athjnk everyone is going to pay $100 a month for that shitty FSD after the free month? Please. I have a model X and didn’t even take the free month, shits worthless. Autopilot is great though.

FlyingPandaontherun

Maybe? I wasn't aware that was possible. But he would need to confirm that in the call. Although that might also hurt. Robotaxi is a pipe dream. I think it was an insane panic move to do that 8/8 announcement. We all know it's just gonna be some stupid prototype that means nothing where FSD is at that moment. It simply won't fly long term. But he is good at buying time. I just feel like people are starting to catch up. It's not just him turning off customers. The vapor becomes more and more visible

Safe_Way_7154

100% their "robotaxi" will just be a person driving a Tesla with FSD that you can order like an Uber 😒

GriddyGang

Barely usable edge case system, not even in the same ballpark as the current real world use case for FSD.  Doubt you’ve ever used either

shawman123

One should never short a cult based stock like Tesla. Especially during earnings. They can manipulate number based on Regulatory credits number or FSD recognition. Plus all the shenanigans around Accounts Payable. I do not see anything positive about the earnings but its up in after market hours big time !!!

banditcleaner2

if true, this is probably wise. FSD clearly is very lackluster and not driving large SaaS sales, so they need to focus on a more affordable EV to really move the growth needle

pinkladyb

And where is the revenue from those? FSD is still not ready despite years in the making and people want to so little that Tesla slashed its price

banditcleaner2

spending on all of those things doesn't magically make you a tech company if you have yet to create any usable products from those things. the other tech companies that are investing into AI at least have a very very healthy profit margin, usually from software or cloud services. tesla does not have either of those. FSD sales are extremely lackluster currently.

yabucek

FSD ^((supervised)) Even elon doesn't believe in FSD anymore 

Puginator

I think part of the run up is this (from the updates to the article): The company said in the deck that it’s accelerating the launch of “new vehicles, including more affordable models,” that will “be able to be produced on the same manufacturing lines” as Tesla’s current lineup. Tesla is aiming to “fully utilize” its current production capacity and to achieve “more than 50% growth over 2023 production” before investing in new manufacturing lines. So it does seem like "model 2" is back on the table as a priority. Which is something that was rumored at one point to be on the backburner for FSD to be the main focus.

GriddyGang

What car company is buying 1 billion in H100 gpus in a single quarter? Optimus? Megapack? Charging? FSD?  These obviously take investment for growth

GriddyGang

I mean it is not only a car company, you are being obtuse, they just spent 1 billion in one quarter on H100 gpus.  In addition to Megapacks, charging infrastructure, Optimus, FSD, it’s obviously has other growth drivers that traditional OEMs do not have.

Diablo_r

"We have been investing in the hardware and software ecosystems necessary to achieve vehicle autonomy and a ride-hailing service. We believe a scalable and profitable autonomy business can be realized through a vision-only architecture with end-to-end neural networks, trained on billions of miles of real-world data. Since the launch of FSD (Supervised) V12 earlier this year, it has become clear that this architecture long pursued by Tesla is the right solution for scalable autonomy. To further improve our end-to-end training capability, we will continue to increase our core AI infrastructure capacity in the coming months. In Q1, we completed the transition to Hardware 4.0, our latest in-vehicle computer with increased inference processing power and improved cameras." Per their quarterly deck. This shit costs me a bloomberg terminal subscription. You're welcome.

FunSeaworthiness9920

Price mooned after hours but as someone who uses FSD regularly I can tell you it still has a ways to go, so I'm not as bullish on the robotaxi/autonomy thesis as other people are. Who knows how long it'll take for that to play out- in the meantime depressed revenue and not great macro env will chip away at the share price. This is like FB when they announced metaverse pivot. Bearish on short term, long term probably will moon. Idk why TSLA is mooning ah

Bronto_Chad

Ride-Hail going to be announced on 8/8 which will be FSD like waymo.

BarRepresentative653

You are not wrong, but you have to look at it form a bull side. They have the best selling EV car, model 3, and have 50% EV market here in the US, and the FSD at 100 bucks a month subscription is a huge. Plus obligatory AI mention, and the stupid robot taxis...

calculatedimpulse

CT production, M3 price, robotaxi, FSD progress, future vehicle lineup and timeline

can4byss

TSLA is going to transform into a FSD company, selling EVs is last decade's problem which they've more or less solved. More data + AI = superior FSD. DUMBASS BEARS

can4byss

Selling EVs is last decade's business. Elongate Musk is practically giving the cars away for free in order to get more data which he will use with his state-of-the-art NVDA chips to train FSD which will be a multi-trillion dollar business. Calls on TSLA and NVDA.

can4byss

In case you don't understand what Elon is doing - he is giving the cars away for free to get more data, and he will use AI to get exponential improvements on FSD. His twitter fanboys gave up on him which is the bottom signal. Dumbass bears.