Considering how bad their robotaxi stunt is going, it's probably a good thing, stock up 10%
Stonks
Rats leaving a sinking ship.
The stock will go up! Weirdly the stock would have also gone up if he stayed 🤔
They really can't attract anyone high end to the car company...who would want to work there when you KNOW your efforts are not likely to work? You can't then go to other companies and say "look, I did this". The only reason a very few are staying is their stock options.
What do you call a robotaxi with a supervisory driver? A taxi That's right Tesla has a taxi service. Let's call it what it is.
Elon's stopped talking up Robotaxis so we can presume it's not looking good for them.
I know leon said the robotaxi would expand the market for taxis, but the worldwide market for taxis/ubers is half a billion dollars. I just don't see how that's going to expand all that much.
Weirdly the stock would go up if it imploded
I do love robots with nice backends
He’s waiting for the next earnings call so he can roll another robotaxi off the production line that delivers itself to mars while pulling 4 Optimi on Tesla space skis
The real crazy thing is the car part of the car company. The only new car platform they have is a rolling dumpster. The 3/Y platforms are... 9 years old now? They killed the S/X without any real replacements. If this was Honda, this would be like selling an upgraded 2016 Accord, a Ridgeline that no one is buying, and killing off the entire Acura brand. It is unbelievable that anyone still thinks they are a successful car company anymore.
I love that they call a bunch of cars owned by individuals part of the Robotaxi fleet. Not a single one of them will ever be used as a robotaxi.
Always found it wild that prediction markets are being cited as if they were prophetic, although I suppose the behaviour of gamblers is somewhat useful for predicting the behaviour of other gamblers.
It's wild to see Waymo really accelerating growth and geographic expansion really quickly now, and people still claiming this is an area Tesla will win in. Tesla is WAY behind, and they get further behind every single day.
Calling it a "service" is a stretch when it only covers a limited area of a single city, can't use freeways, doesn't operate in the rain or for other unspecified "technical reasons" and is limited to a handful of vehicles.
It's easier to sell out if you are not an insider. The high stock price incentives people to quit and lock in gains.
No, no, no. You have it all wrong. Robotaxi is just using the root of the word “robot”, which is a Czech word “robota” meaning forced labour. It was never about automation.
I think even Waymo is struggling. There was an article just a few days talking about all of their accidents and getting stuck. It’s just a hard problem to solve. I’d still rather bet on Waymo though.
Nah, taxis are old news, he's already milked that pump for all it's worth. Next pump has to be about robotics, and selling the company to SpaceX.
This ship is starting to look a bit not heavy these days. I imagine more rats will leaving in the next while.
>Bettors have a track record of profiting from Musk’s missed deadlines. An $8.8 million Polymarket contract on a fully driverless launch by June 2025 expired worthless after Musk himself pumped it as a “money-making opportunity.” The snake is eating it's tail when gambling is so pervasive even gambling on frauds is a thing.
Self-driving sometime next year, Mars to preserve consciousness derpity derp derp.
Instead of paying to rent a house or apartment I can just pay my rent to the robotaxi and me and my stuff can ride around all the time while I sleep, eat, read, and use the bathroom!
It's actually *Robota Xi*
I’d also bet on Waymo being in a relatively better position (certainly as a user I would be infinitely more inclined to use a Waymo over a Robotaxi’s camera-only approach). The one argument I can see for Tesla is that they have so much driver data and onboard navigation data that they aren’t subject to the centralized blackout issues Waymo has run into, but between the leadership and tech I can’t see Tesla being effective…their only advantage is relative cash flow.
Where did you get that number? I've found $82.65 billion in 2024 for US taxi market.
Meanwhile someone is using your car for a bathroom.
No, now it's about datacenters on Moon colonies and pumping up the SpaceX IPO before he uses it to dilute Tesla.
Would you want your car coming home in the morning with pecker trails on the seats or puke on the floor from some drunk it took home?
I'm guessing the misguided confidence of fanboys is high enough to tip the odds heavily in favor of those of us in the real world, making it a safe bet.
Taxis are old news. The future is Optimus Robo Rickshaws. That's gold Jerry, gold!
I don't have a car or a house, that's why I'm renting the robotaxi.
Beleive it or not, CALLS! ~10 Trillion market cap incoming. Moon in 2026, Mars in 2027 (err 2018) ... but everyone will have an Optimus jaking them off and/or cleaning, making dinner by FYE26.
It's a concept of a taxi.
The guy really knows how to work the trading algorithms.
There aint no robotaxi, there’s never gonna be a robotaxi. He’s gonna say they’re shedding it to focus on optimus because Waymo solved it and he never will with Teslavision. Stock will go up. Then optimus will flop. There never will be anything more than an expensive gimmick. It aint gonna do laundry, it’s going be an expensice paperweight. The second they need a repair they will obsolesce. He will focus on space. Stock will go up.
What is being produced at giga Texas? There are over a dozen of those 2 seater things put in the lot. Why would he go out of his way to produce a vehicle that will never hit the streets? That's what's baffling me.
Why bother with any car production at this point? Why make any pretense? Elon’s memes are what are keeping this stock up. Maybe someday it’ll fail - but then a friendly government will just bail these “capitalists” out because Tesla is too big to fail. Its market cap ($1.2T) is currently 2.5% of the S&P 500 ($62T). Just remember that the richest person on earth is a terrible capitalist. If capitalism (in the pure market sense) is about intelligent allocation of capital, then Elon and his investor posse are the worst at this skill, ever.
Just saw another “robotaxi” prototype in Los Altos today with a driver behind the steering wheel it doesn’t have, with both hands on the wheel 😂
Tesla will be just as susceptible to centralized outages once they deploy their taxi service wider as they rely on remote controlled monitoring. If that system goes down then that dumb as dirt "FSD", which can't detect every possible obstacle on a road, is not safe for taxi purposes.
You're right, it's about $300 billion worldwide.
The copioum is so addictive. They’ll take another toke.
Everything is totally happening next year! Repeated annually.
Why would he lean into the cybertruck? The biggest flop since the Edsel? He has poor judgment.
are you referring to the cl\*\*\*er post? that was pretty cool.
Poor judgement and can't back down even when he knows he's lost.
Full Driving Humantaxi
Or having to remove all the valuables every night. Plus we all use cars at the same times so its not gonna be very profitable in the middle of the night.
In 2026 Q2, If Tesla sells one coffee mug, 25 model Y, and 3 Cyber Trucks, the stock will moon. PE ratio 1000+ 🎉
I love checking out real Tesla reddit when I'm having a bad day. 😆
☝🏾💯
With a ridiculously small fleet.
Next he will be replaced with optimus who will be Remote Controlled by an indian.
So now we looking at degenerate gamblers to predict the future?
I'd quit too if after 11 years this was the best I could axonplish.
They never were successful. They were grifter for subsidies and the tax payer's dollar.
"Look at my robot playing video games for me!" "Can it do the ironing?" "That's WOMENS WORK"
You need to look at the 3 hour or less bets. Short term insider trading.
nazitaxi
Well yeah, if something bad happens that means that the price is gonna dip so you gotta rush to buy before the price goes up. If the price is going up then you gotta rush to buy before it caps. If something good is happening then the price is going up so you gotta buy. /S
The scheme is a moral panic claiming humans are unfit to drive and the middle class no longer being able to buy a car. Sunset the old ice vehicles and make everyone have to subscribe monthly to get toted around in a cybercab. (edit- upper middle class homeowners can lease their own brickable, mobile surveillance platform also sold by Musk in the US or maybe a Chinese rival elsewhere). The government benefits from millions of rolling surveillance platforms that are easily geofenced and brickable. The predatory class benefits from an immobilized serf class no longer able to seek better opportunities in higher paying suburbs and districts 30 miles away- and also don’t need to worry about investing in infrastructure like public transportation. Public transportation is the achilles heel in this plan- except it is a service provided to the commons rather than a profit making nexus- so the lobbyists will easily bury that expense, as they have for years in the US. Why do we think Musk’s most half cocked schemes were bald faced lies about boring and tunnels- any delay to public trans expansion was seen as a win as he thought the robotaxi fleet was nearing readiness.
Bad news , so naturally Tesla stock going up….
I'm sure he can lick another tech bros boots for another decade.
Tesla is a scam today.
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