You are on a roll these days with the videos Dave! Hope to regularly hear more of thoughts… You are missed😊

Great to see Dave getting excited, hope family is doing great Dave !

@bartvanderheijden7055

13 күн бұрын

Probably running out of money.

Dave Lee : Tesla wisdom

@bartvanderheijden7055

13 күн бұрын

No Tesla was a wise man. Company Tesla, I presume you are referring to, didn't make any good strategic decisions for the last couple of years.

@Mrbfgray

12 күн бұрын

For some 20 yrs now.

glad see you back to the community, Dave!

It isn't just the 4-5 year lead in autonomous driving... it is the 10(?) year combined lead in autonomy PLUS enabled fleet of millions PLUS the manufacturing capability to 'profitably' add several million vehicles per year.

@davidbeppler3032

13 күн бұрын

SpaceX has reusable rockets and 90% of the launch industry. No competition 10 years later.

spot on. Tesla supercharger network is a real life example of what was discussed in your video.

You don’t need to tip the driver if there is no driver 😢

@dadman9492

13 күн бұрын

Disruption of the hidden tax 😀

@19951998kc

13 күн бұрын

And many like Doordash offer drivers deliveries where they lose money and in time if u stop accepting them you cant work for them. Tesla needs to drive a wooden stake eventually into doordash, ubereats and all the other abusive companies

@Martin-se3ij

13 күн бұрын

The best tip, is no tip.

@Cdictator

13 күн бұрын

If it can save me 10 bucks from tipping I’d definitely prefer cybercab over Uber

@crazyloopster

13 күн бұрын

Yes, and make drawings on the ceiling and eat a pizza. Your car is mine!! Haha

Once again, Dave Lee is Spot-On.

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security....

@PineHosting

12 күн бұрын

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

@mfmcintyre

12 күн бұрын

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@katiekilbo

12 күн бұрын

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

@MianHussnain-tu1wi

12 күн бұрын

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

@hamzahamza-bz3rf

12 күн бұрын

Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

Key question is when Tesla can achieve unsupervised driving????? For my daily driving disengagement rate is still under 5 miles, this is way way below expected ~1 million mile threshold

Thanks for the great content. Prayers and thoughts are with you Dave.

Glad to see you back Dave! Always appreciate your insight!

Dave ... IMO you are the best and most direct commentator on YT. Thanks...

Dave on a video tear post shareholder meeting - bullish! Hope you and your family are doing well

So happy to see you putting videos out again Dave. You're the best. You and Rob are very missed ! Only balanced bull with a brain nowadays is Dillon with Electrified. ❤

Thank you, Dave!!! Always a pleasure to see you pop up and dispense insight and wisdom. Exciting to imagine the future!

Good to have you back Dave 😊

Love your promo. As long as the promo still has momentum, TSLA still has leg to go.

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

@KaylaRussell77

13 күн бұрын

Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.

@MarieRandy438

13 күн бұрын

Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!

@AlexanderHernandezhj

13 күн бұрын

very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time.

@PaulaAdrian721

13 күн бұрын

How do you do that? I'm interested

@AlexanderHernandezhj

13 күн бұрын

Thanks to my colleagues at work who recommend Stephen Milne Ebert.

Thanks, Dave! Always insightful.

These so called experts are totally wrong, and Tesla with first mover advantage and literally millions/billions of FSD miles, the competition is coming refrain has little to no substance IMHO. Tesla for the massive win on Robotaxi service implementation. Totally agree with your analysis Dave!

Nice to see Dave back.

Thank you Dave for your insight

Happy you make videos again

Why is everyone so convinced Tsla is 5 years ahead in generalized autonomous driving?! Have you seen any of the Chinese autonomous EVs?

Fast food companies will want their own self driving delivery vehicles. I think they will load up and then deliver far more cheaper and efficient than any current food delivery service.So you could potentially have companies like McD buying fleets of Tesla self driving delivery vehicles.

@acpjr

13 күн бұрын

Disagree. If they owned a fleet, that fleet would mostly sit idle. It's more likely that the Doordashes and Uber Eats of the world would leverage FSD vehicles. Much more likely that fast food would integrate with 3rd party FSD solutions, just like they already integrate with 3rd party payment and delivery solutions.

@ssing7113

13 күн бұрын

I assume far down the line drones will bring food. ( quicker. Cheaper ) I was laughing once telling my brother in the future all houses will have package slots on the roof to get you your crap 😂

@crazyloopster

13 күн бұрын

FRee food for all

Dave I love you and am so grateful for your wisdom!!!;)

You make a good argument for RT to win in the competitive market, Dave. Assuming Tesla gets regulator approvals for FSD in cities, that’s where it will start-in individual cites, by the Tesla fleet only. They will solve the huge liability issues first, before permitting individual private owners to include their cars in a fleet, even on a temporary basis. Personally, I can’t imagine letting my $50+K car be used as a taxi, even temporarily. Just the barf + damage factor alone makes me shy away from that notion. I do trust that FSD will be safer than a human in 98% of situations, but it’s the other bad human drivers that I worry about and make me risk averse. So, the question is, how do owners obtain accountability from other drivers? Cameras? Doubtful for scammers/hit and run situations. True, that applies today, but do you think that many people will hang around for driverless cars to resolve accidents, even fender benders? Thinking this through, maybe Tesla should develop Optimus for RoboCop applications, even if your Optimus is in the driver seat of your RoboTaxi-think about it, Your Optimus is the chauffeur one moment, then after an accident, and it’s a witness to the accident or crime, it becomes deputized temporarily for the city. I do really wonder how they will solve the liability issue. The down side to this, there is a risk that RoboCop becomes Terminator at some point. Anyway, I’m sure there are much better minds thinking this through on the theoretical applications, but the practicality of the RT and Optimus as useful and safe societal tools makes one wonder…how? It’s not that simple.

Uber n Lyft drivers also pick n choose customers..favoring requests for longer rides over short rides to get reimbursed more. Robotaxi’s will not be so discriminating making it a better service in this regard.

good job, Dave

I think you are missing 1 important point, which is the trust barrier. Tesla has to gain consumer confidence with FSD before the mass majority will trust their safety on it over a human driver - especially with comparable pricing. One way to possibly address this is to charge half of what human drivers cost as an early adoption program. From there, they can draw in more customers and eventually raise prices slightly to undercut Uber.

Would be good to hear some of your experiences with fsd

Hi Dave, as usual, your videos are extremely insightful. However, you don’t mention the fact that Tesla will certainly patent its FSD technology once it is perfected. Once that is done any and all “competitors“ will have to purchase/license that technology from Tesla. They cannot simply utilize that technology without paying for it.

Agree with your analysis. I would add that safety is the big key. If Tesla hits the ground with a 4 year lead their platform will always be safer due to their massive data advantage. Safety wins in any autonomous scenario.

@kaya051285

13 күн бұрын

This isn't true. You probably didn't care an ounce to look up the safety rating of your vehicle when buying it

@alexedens1

13 күн бұрын

@@kaya051285 Such an odd comment. Which isn’t true? Whether I consider safety when purchasing a vehicle or the safest autonomous system wins? Of course I consider safety when buying a vehicle. And no one will use a less safe autonomous system. Come on man. Step up your game.

FSD is a winner take most. Being first is very important.

Thank you dave for your unique perspective. you have a very special angle view of AI

Dave uploading regularly = we are in the next s-curve

I'm going to save this video for the future :)

Like playing the game Starcraft against 3 other players but Tesla had a 1 hour lead of building.

Dave, how are you factoring Tesla’s insurance risk/liability in your valuation? 1 accident can make regulators insist on Tesla pausing their services. It will shake the confidence of ride hailers globally when the news spreads.

Game over for Tesla!

I agree with this take. Thanks Dave

Grata conhecimento e vida

Interesting analysis but must account for the regulatory aspect. Not all cities would &/or are willing to allow robotaxis in their streets. Besides, I am seeing a lot of protests (people losing their jobs) coming. Safety and reliability would be the key enablers.

Also remember to those that understand what Tesla is and what Elon is doing: the more doubters and the harder they doubt, inevitably the higher the payoff

Dave, if Tesla’s FSD software is no longer based on code but trained on driving videos, what stops other companies from also simply training their models on driving videos? Does Tesla’s competitive advantage only then lie in its hardware (Domo, custom chips in cars)?

@dave lee: I don't think you mentioned that Tesla's largest competitors will be those that are "Vertically Integrated" as they would "pay less" for cars since it's their own production. Uber had this advantage (potentially) but then stopped the process and sold off some of cruise (which as you know was only software and didn't include the cars).

I think the RoboTaxi will be interesting but also there will be new issues that will occur in this new "world". I don't think I would share my Tesla on any robotaxi network ... maybe purchase a used Tesla 3 and use that. I would be afraid of what some "people" will do to the car.

Robotaxi already exist

From the point of technic,it is much easy to run Robotaxi than to run （general）FSD,because Robotaxi only needs FSD works well in small areas.Do not need FSD work well on all conditions all over the world.

First to market is important in a market that will become commoditized and scaled. Then the barrier for entry becomes very high if Tesla is first to market and can scale the business. It is a huge deal to be first to market.

Great to see you again, Dave! You mention there isn't a strong second place competitor to Tesla unsupervised FSD; however, I'd argue that Waymo is beating Tesla in unsupervised robo0-taxis right now. You can ride Waymo's anywhere in SF and they don't have a driver in the front seat at all. The experience is seamless. How does this change your thesis as I do see Waymo as being further ahead?

Dave is an insane person now

Dave, on Tsla cost structure for robotaxi. Assume there is 1 in the whole network. There is no human to give living wage. If amortization of robotaxi needs $10k depreciation per year , robotaxi can pull over after drop and wait for next ride and incrementally drive towards higher density area to increase chances of occupancy. So if it takes 10 rides in a day. Fine, that’s how initial cost works. But as network gets bigger and popular, more Tesla will be roaming … so in short it will cost less and less in idle time. It will improve catch ratio and profitability, but since human is not involved, it will be like factory production of widgets, the smoother the production line, the more the profit… but no human involved allows good deal of patience without huge costs…. IMO

Tesla should chooses the easy area to begin their Robotaxi business where FSD works pretty well. No need to waste time to make money until FSD fix all problems.

They don't actually understand that data is what is needed to train neural networks and you need billions for the hardware to process the data for training. They simply don't understand.

I’ll believe it when I see it on the stock price: another maybe news hyped up just like solar, cyber truck, semi, and FSD.

It is like LLM!! Where it can take six months to train the model!!

I haven't seen ARK's or other's detailed models showing how this is a trillion plus market. Uber + Lyft earn about $17B per year collectively. If they are around $1 per mile and cutting the rate generally increases use of the service, what does the robotaxi need to charge per mile to stimulate this massive increase in use? My typical wait time is in the 5 to 9 minute range. Certainly this could be improved with more cars. It is not clear to me how much of a premium people will pay for faster response on the pickup. If airlines are any indicator, it seems that people are more interested in price.

💯 DAVE!😎🇨🇦

around 2003 NYC taxi medallion was $200k+ and nearly $1M around 2013-came in ride sharing companies and yellow cab medallion value is worthless. Like wise, Cybercab or AI cab will kill Uber & Lyft.

Price war with Uber day 1. Vanshare is also on Uber's roadmap. This isn't going to be as profitable as Cathy Woods thinks.

videos coming out like this feel like tesla stock is at the peak again lol

If Tesla offers a loyalty program....every 500 or 1000 miles? you get the next trip free up to 20 miles or something like that.

Why isn't there a single physical trial for Tesla robotaxis in the US? Waymo and Cruise is already testing their robotaxis for years. Looks like Robotaxis for Tesla is still a longshot at best. Aug 8 is coming and would it be another nothing burger?

Great News For Tesla So Why Is The Stock Down?

@jaygrenham

13 күн бұрын

Wall Street needs to see it not just hear about it Patience…. It’s coming just not as quickly as we’d all like

@snookmeister55

13 күн бұрын

Because it's temporary and it's the stock market, between growth cycles, court case still pending, etc. Fundamentally, a stock price is the result of buying and selling.

There will be intense lobbying to outlaw robo taxis and the only way to try to stop that is to spend even more on lobbying.

Dave Uber & Lyft know that as well . I think they two ride service companies particularly Uber will join tesla knowing if they don’t tesla Cybertaxi will eventually crush their business. Also the CEO of Uber is a very smart man and friendly with Elon. I am certain he is entertaining some type joint venture with tesla . We shall wait and see what Uber is going to do after 8/8! They will not wast time.

@bobbyjonas2323

2 күн бұрын

There is no need for partnering with Uber. Tesla will simply crush them

It would if interesting if Tesla could demonstrate the safety beyond those lying statistics. Maybe design a test between a robotaxi and a racecar or other highly really good human driver that would show the doubters that the human drives was indeed less competent.

How all this robot taxi will charge? Will Tesla pay a person to stay at charger and just plug car coming in? Is there even enough super charger ?

@dwperley

13 күн бұрын

I have this same question. Without an automated charging system where the car drives up and a snake-like charging cable connects to the car or wireless level 2 (or better yet level 3) charging. My though was that we need a Supercharger valet. The valet could not only charge the robo-taxis but also regular customers. There have been numerous times I have been having lunch and receive a text my charging is complete and I have to leave the restaurant to move my car. These Supercharger valets could also wash and clean robo-taxis as needed.

@ianteetzel

13 күн бұрын

An Optimus at the supercharger station plugging them in? 🤔 Why not?

@bartvanderheijden7055

13 күн бұрын

Ah Tesla fanboys and girls and their memory. Elon M. promised you the snake charger, oh sorry that was a complete failure. The current idea is to build hubs for cleaning, maintenance, parking and recharging. This task would be managed by the super charger team, what do you say Elon M. fired them, oeps!

To those who say robotaxis must be in the streets before analysts should consider value… Ask yourselves… when did the stock price of Novo Nordisk start to go exponential, before or after Ozempic went on the market?

So why would authorities work with Tesla for Robotaxi licenses if they don't cooperate with the NHTSA?

It looks like you edited the cover photo of yourself. Could you share which service you used for that?

What if a robotaxi needs to charge the battery?

Can someone explain why robotaxis will make more revenue than uber and lyft ? Especially when robotaxis will need to lower cost to attract riders. Uber and lyft is less than 20B revenue, so how can robotaxis can be 5-7T?thx

@send2dwight

13 күн бұрын

Isn’t something like 70% of their total revenue going to the human driver?

Even if someone could copy Robotaxi quick (*cough* landing rockets *cough*) it will still generate money and therefor should be part of every evaluation model, that looks further than 12 months.

Density of fleet will be used model 3 market and Uber drivers. There is no possible way Uber and lift don’t join Tesla somehow.

Fingers crossed, a lot of facts will have to be put on the table, esp that self-driving is superior than cars driven by humans! Scary and exciting times!

Tesla will have solve insurance and liability situation?!?!

I predict robo taxis won't be common place for another ten years or more.

👍

We are early adopters. I think we underestimate the power of fear. There are a lot of people that don't understand robotaxis, driverless vehicles, are more safe than a human driving so I feel like there are many people that will not get in that car even if it costs a little more to do uber. Thoughts?

@mannygee005

13 күн бұрын

They could make a robocab look like a rail passenger cab inside so that it doesn't look like a car at all. This will initiate the thought that it's not something that needs to be driven. Also on the road have these cabs follow and pace each other in a very coordinated way. This will create a notion of hive mind intelligence. These and other tricks can be used to replace fear with curiosity. Maybe the entrance to the cab has curtains that a passenger has to side step - this causes the interior to not be visible from the outside. This will now cause intense curiosity from onlookers who can't see inside. Also put a funny meme image on the way out that the passenger sees as they exit so they're almost laughing as they come out... to even more intense curiosity from onlookers as every passenger seems to come out with filled with joy.

@bartvanderheijden7055

13 күн бұрын

Your statement is a wish, currently the autonomous driving is not safer than an average driver. Even Waymo level 4 has an operator driver on standby who can take over the car.

No the main argument is will they solve it? I think they will but the evidence has to clearly show that they will. Don’t rely on weak opposition arguments.

Robotaxy vs Uber as it is now is not right competition. Uber has competitor named Bolt in Europe and wordwide 50 countries. Bolt has also Bolt drive service and that is more a like to robotaxy and gives look into robotaxy era and potential. The key is usable optimal fleet size. In Bolt drive case I use daily rushours are problems and when about 5% total rides in down reached then available car is 1 minute walk away so when those cars are 15k$ and Tesla has 25k$ That leaves 15k$ cars in about 10% advantage. Also Tesla has scaling problem. Eventually Tesla wins but that is not an easy win and takes a lot of money. Airbnb like service moddel is also not going to happen due to taxation mor probable is that you rent car from Tesla and make contract that you have car available certain timeframes then Tesla charges you and you pay monthly fee like 3x lower to lease a car and also you pay infront payment as in leasing case so Tesla lowers risks. While those dumb 15k$ cars can't drive to you and such deal can't be made. Currently may dayly drive 30km 20miles cost me 20€ so 400€ month was like 200-250€ 2years ago but still leasing + fuel+ insurance and so on it cost me 600€ to own a car. Currently i have 2-3 home office days so it is 150€ month and owning car is 500€ minimum in such case so 3x win for me

Let them announce the robo taxi then analyze . Instead of speculation hype . You are not some zen master

Please evaluate NIO as a robotaxi possibility since NIO has battery swap automation.

@royphillips7644

13 күн бұрын

Nio is going nowhere. Battery swapping is a logistical nightmare. They don’t have the data for full self driving. They never will.

@bartvanderheijden7055

13 күн бұрын

Please check NIO NOP+ system for autonomous driving. Not bad I think it is level 2 just like FSD (supervised).

@ssjj005

13 күн бұрын

@@royphillips7644 what you mean logistical nightmare?? As for self driving, you do know that NIO NOP+ is superior to TSLA FSD in China right?

Next is to remove the steering wheel and pedals from cars to move more people at once.

Stock Pumper Dave

Might Tesla also use nicer cars too?

I can think of 2 problems. 1) many people are not comfortable to rent out their cars, my wife won’t. 2) if Tesla is in monopoly position, it will face antitrust action

@billcarney829

13 күн бұрын

1.Tesla won't need everyone's car to be rented out. 2.If you think that it's unfair you're free to choose not to use it and to drive yourself.

I dont think you can really apply first mover advantage network effect model to ride hailing - From end-user perspective this advantage, originally sprung from communication and social media platforms, relies on two key factors, the users' own network of other users(friends, colleagues, family etc), and, his/her own data (messages, pictures, files, data etc). Both extremely difficult to migrate to a new platform. Ride hailing on the other hand is like a dating app. You have minimal data on these platforms and your network is nothing but ever shifting connections. So, when a newer/better platform comes along you migrate with extreme ease, and you can hop around quite conveniently. Think again. Think hard. I dont think without user data, and user network, such network-effect tautology works. From the drivers' perspective it may be bit harder to shift to a new platform because of the capital investment though. The rest of the arguments are fine.

Dave, robotaxi is controlled by the super algorithm built over various years. Unless some one hacks and robs the algorithm …. Tesla is a good 2 decades ahead.

$TSLA: 10x in 5 + 5x in 10 = 50x in 15.

Do you think XPENG's copy-paste variant of Tesla's FSD will be much behind for long...?

@kaya051285

13 күн бұрын

18 weeks...

@bartvanderheijden7055

13 күн бұрын

Xpeng has Lidar so will be better (in the long run) than the current Tesla FSD suite is designed. So much for copy/paste.

Uber platform is not going anywhere imo. All automakers who want to compete with Tesla will need to deploy their fleets on Uber to get demand

At the time of this comment Uber - $70/share with a 146.39 billion market cap. Lyft $14/share and a 5.72 billion market cap. I would think it’s fair to think that Tesla would “consume” those.

Great video. "Tesla will offer a cheaper price because a human is not involved". Aren't they replacing a driver with a Tesla owner? I'm still unclear on the model.

How about Tesla buying Uber?

seen people say servicing of cars and insurance will hold back robotaxi. its like they solved 98% of the problem and 2% may be an issue right now but what are folks thoughts and experiences with this?

@snookmeister55

13 күн бұрын

The expense of vehicle ownership is the reason for decreasing per capita vehicle ownership in the USA since 1978. Fact.

@snookmeister55

13 күн бұрын

See Autoline: Peak Auto

@stothAjs

13 күн бұрын

@@snookmeister55 thats cool but idk how historical data will relate to robotaxi. apparently insurance premiums have skyrocketed due to tesla specific hardware faults reg fsd that others cant fix and waits are increasing. with the necessity for tesla insurance for robotaxi is it a legit thing to worry about? dont think so but cars need insurance and there seem to be more issues with the cars than i thought.

@snookmeister55

13 күн бұрын

@@stothAjs Insurance premiums are going up. How Tesla Insurance compares to others I don't know. Cost under robo? Nobody knows.

Hope beyond reason FSD will be free Free FSD will result in tiny margin FSD taxi fleets If #1 is hoping to have a 50% margin business. #2 will set up the same thing but only charge a 5% margin At 50 cents a mile, I'm willing to wait two mins longer than #1 trying to charge me $1 a mile If there is any advantage at all to be had, it's in a dedicated uktra low cost robo taxi provably single or dual seater. But even that will only delay the inevitable race to the bottom