Message in video at /we-robot

Holy god what a wall of jargon just to say “we admit that we have no clue that anything we said is actually true”.

SEC type shit

So basically…everything said is supposedly lies and fiction…gotcha

Every financial or public statement has this type of talk by every company.

Or this type of language is in every financial document of every public company.

I’ve never seen it this long and exhaustive.

Exactly. Every company has the same type of disclosure. Tesla is presenting a plan that attract investors. They have to show due diligence that the understand and have disclosed that thousands of external factors can change the outcome.

Elon Musk Linkedin bio.

Probably because most people don’t care about it when others post one. I can see why Tesla is targeted a bit harder than most companies and wanting to cover more ground.

You don't read financial statements for a living then...

thats what..... 

My company utilizes the same. A wall of words on the opening slide of any presentation that may potentially be seen by the public. Commonplace for corporations with a legal group. Standard stuff.

you haven't seen very many then

Life as a publicly traded company. IMHO just a sign that the world has way too many lawyers.

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More, we aren't legally responsible if you invest based on this and we fail to deliver. It's the direction to want to go but aren't responsible for your decisions about it if we fail.

Well, most company CEOs don’t have a very public track record compulsively lying about features, prices, timelines, etc. Anyone who claims he hasn’t deliberately lied to increase excitement and stock price at key moments is as dishonest as he is.

I would strongly, strongly disagree with that. Most CEOs do this, Elon is just way over the line and has been sanctioned by the SEC.

Back up that statement. Show me a single other automaker CEO who has missed a delivery deadline by 5 years on anything. I can show you 5 examples from Elon. “They all do it” is a lot to protect him. I love Tesla, but he is incredibly damaging to the brand. And he’s not helping matters by spreading deliberate misinformation about politics. His JOB is to sell cars and alienating half the population (the half more inclined to buy EVs) is not helping Tesla. If you care about the company, stop being an enabler and hold him accountable.

Clearly you haven't seen many corporate presentations. This type of stuff is commonplace.

Jia yueting of faraday future missed their product release by well over 5 years. Dyson also promised a vehicle that never materialized, just two examples with little thought. GM may be getting close with promises of their ultra cruise. Aptera… on and on and on. CEOs are beholden to investors and they are no different than politicians. Always spin and spin to preserve stock price. Either they succeed or they fail and take a golden parachute. Take things they say with an extreme serving of salt and personal research.

Here's one example: https://techcrunch.com/2016/09/29/volvo-to-target-luxury-buyers-with-self-driving-car-coming-in-5-years/ But there are many others. The entire self-driving industry grossly misjudged how long the problem would take to solve.

The guy who had to come up with and type all of that: https://preview.redd.it/7cqr3xqrc6ud1.png?width=640&format=png&auto=webp&s=4d17d8edc724ac98a788b728888441b558c4b53f

No, but he hasn't seen it personally, so therefore it doesn't exist. Even though he's only scrutinizes this much when it comes to Tesla.

His track record for delivering the vehicles he announces is pretty much perfect. His track record for delivering them in the timeframe he originally said is bad, but he always delivers them. Last year people were saying this stuff about Cybertruck; this year it's Roadster; once Roadster is delivered people will probably focus on Robotaxi. It never ends. But he keeps delivering.

I don't even know what Faraday Future is, but Dyson announced a car in 2017, built it, and in 2019 said that while the car was great, they couldn't make the costs work so they were dropping it. And they did. That's an example of honesty to me. You're really reaching here to protect your God/King. He's a compulsive liar. No other CEO comes close because in ANY other company, the board would kick them to the curb for such behavior. Most people point to the success of Tesla and SpaceX to make excuses for him. Most of those people don't know the names Gwynne Shotwell, JB Straubel, Drew Baglino, Jerome Guillen, or Franz von Holzhausen, but they are the true heroes of these companies and often have to work around their CEO's impulsive and reckless behavior.

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So my understanding is Dyson claimed they were going to make a vehicle to sell, opted not to, and you’re calling that a success?? Lol. You asked for a single example and I’ve given several. Not my problem if that upsets you. I’m not defending Elon, or any ceo. I’m telling you to stop treating their words as gospel and recognize what they are incentivised by. Be a critical thinker.

This and the cyber truck warranty being voided due to "exposure to sunlight" tells you all you need to know about Tesla's (self awareness of) extensive lying and poor quality.

This sub has been flooded with casual Redditors who insist Elon is a con-man. The Roadster is mostly a halo car and not even a good use of their time considering their other cars are so powerful. The people complaining that it hasn’t been delivered aren’t even in the market.

It's pretty much all politically-driven nonsense.

Toyota and solid state batteries. /thread

Not to this degree. Unaudited financial records do have disclosure statements that have some parallels but this is much more severe than average.

> Every company has the same type of disclosure Not Musk’s companies, not Tesla at any previous reveal event, that I can remember? Or at least, it wasn’t emphasized, read out loud front-and-center like this one. Somebody at Tesla got to thinking, guys, if we’re gonna say “unsupervised FSD by next year” _again_, maybe we better have an un-missable disclaimer…

Yes… but I haven’t seen it so emphasized, front and center, at any previous Musk/Tesla reveal events?

It hasn’t been so in your face, read out loud, at previous Tesla reveal events, was it?

> The people complaining that it hasn’t been delivered aren’t even in the market Mostly true. But still, I doubt the actual $50k deposit holders are particularly thrilled. It was announced before the Cybertruck was announced. > not even a good use of their time If they’ve decided that, then they should refund the deposits

Shame they didn’t do this in 2018/2019 when they said HW3 was FSD computer…

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That's because most companies don't publish roadmaps or keep them under strict NDA's until the product is released. You call it lying, others call it visions that change.

In a galaxy far far away ……. 

Kinda like anything when talking about the future, someone just needed to do this like we need DO NOT DRINK on bleach.

Tesla now emphasizes it because they got sued for over optimistic Guidence. Or at least I’m assuming that’s why it’s emphasized now.

"You don't get to point out that the roadster never happened despite ongoing promises because you were never going to buy one"

Chevy with their EVs. VW with their EVs. Plenty of companies have been bad with prices and timelines recently.

Probably because people complain if Tesla doesn’t hit a target even though plenty of other companies have pushed things back with no complaints.

So combine the two worst estimates. Okay.

Except that’s not a thing but okay.

Last I checked Toyota is not taking people's money for that.

safe harbor statement

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They are for "FSD" that's bound to come out by the end of the year... every year since the past 5+ years.

Can you name said plenty of companies that took a $50K deposit from people (for anything) and are 4 years behind schedule?

> Every company has the same type of disclosure. Can you point out an Apple disclaimer that is worded like this?

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000320193/faab4555-c69b-438a-aaf7-e09305f87ca3.pdf Page 10-19 of its 10-K discusses the risks the business in great detail. It’s almost 25% of its annual filing. Like the commenter said - “SEC Type shit”

Yeah, but that's an annual report, not a presentation.

And the Tesla event is presenting something years away, not an iPhone launch happening in 10 days.

Yet Apple just announced Apple Inteligence, which showcased features that are not yet available, and obviously is a project that will define the abilities of their products for the rest of this decade. Nowhere in that presentation are there any SEC-friendly caveats to the wording of that presentation. The difference being that Apple is capable of recognizing that they cannot publically show features that are under development and promise dates (even spanning an entire year) that they can't reliably deliver on, because it would have a massively negative effect on their image and stock price.

Because Apple intelligence is in Open Beta. It’s really not that difficult to understand.

The Tesla semi was unveiled in 2017 and was supposed to enter mass production according to Elon in 2019. Remind me how many semis have been produced 5 years since mass production began?

Right, that's why it's baffling that a CEO has been incapable of understanding it for the better part of a decade.

One is making self driving cars, the others is marketing well established, tightly integrated technology.

If you’ve never seen a statement like this I assume you’re 12 years old.

Their complaints have some legitimacy. Most of those other companies didn’t charge customers up to $12k for a feature, taking their money, and then fail to deliver. Some owners had sold their cars before the FSD Beta (that they paid for) even became available.

And people think they are going to be suing Tesla for not offering uFSD on HW3. A multi billion dollar company knows how to disclaimer

Mass production of Semi won't begin until their new factory in Nevada is complete. Construction of that factory started earlier this year and the walls are going up now. Completion is currently planned for the end of next year. So again, very late, but it's happening. Exactly what I said.

Or in 2016 when they said every car shipped would have the hardware needed for full self-driving.. sitting here without a cabin camera and missing a key feature of FSD already. Next up: front bumper camera..

Required for publicly traded companies

Literally every auto manufacturer and their "Tesla killer" announcements since 2012.

Bro has never seen a safe harbor statement

Like transcontinental summon... [https://x.com/elonmusk/status/686279251293777920](https://x.com/elonmusk/status/686279251293777920)

Then there are non-politically driven facts such as this... [https://x.com/elonmusk/status/686279251293777920](https://x.com/elonmusk/status/686279251293777920)

Add in Transcontinental Summon™ [https://x.com/elonmusk/status/686279251293777920](https://x.com/elonmusk/status/686279251293777920)

I.e., If you think differently you are wrong. Hmmm....

Who’s got time for all that!!

So, a concept event, in short. Many companies make concept products, concept videos and show concept ideas that they would like to accomplish, but never do. Thing is, they're presented way more straightforwardly as 'concepts'.