Posted on 08/10/2018 11:43:51 AM PDT by Moonman62
Tesla is the only company truly advancing AI in its vehicles. Musk made the decision to invest in real-world data analytics early. This leap in technological advancement has left competitors like Alphabet's Waymo, Uber, BMW and GM scrambling in vein to keep pace, and there is a long lineup of companies wanting to partner, including Toyota and Mercedes-Benz.
Tesla's early investment and resulting tech have put the company firmly ahead of the pack. To understand how Tesla is unique with AI, you need to understand that Tesla has been collecting billions of miles worth of real-world driving data since 2012, through Model S, X and 3 drivers. Both Tesla and Waymo have been attempting to collect and process enough data to create a car that can drive itself. Waymo and Uber by comparison use inferior simulations, not real-world driving data.
Tesla is the only autonomous vehicle company to have designed its own proprietary AI chip, bottoms-up, designed from scratch and custom-built for autonomous driving. Musk said on the recent Tesla earnings conference call that the chip is almost ready.
This is not a cult stock. Tesla stock is dramatically undervalued based on its leadership role in self-driving cars, including a superior amount of real-world driving data, the only proprietary AI autonomous driving chip and the fact that it is now self-funding on a go-forward basis.
— By Keith Wright, Villanova University instructor of accounting and information systems
(Excerpt) Read more at cnbc.com ...
Title slightly edited to get it under 100 characters.
“Scrambling in vein”
Are there editors anymore?
"Don't try this at home. We have Ivy League degrees in English Lit and layers and laters of editors and fact checkers."
[spit] They should just open a vain and just give up.
Ha. You snuck in while I was typing. Kudos.
Actually any shareholder who sell now would in fact be big winners... Tesla is going down the toilet and not being in that bowl when it does will be refreshing for those who were saved from losing their money.... That being said. Musk will not take it private because he doesn’t have the money to do that, unless some major investor helps him out. Given the precarious situation I doubt he’ll find anybody willing to give him billions to go private.
I tend to agree with you that Musk is in the slow spin. I keep thinking of the line that Damian from Shark Tank always uses: Pioneers get slaughtered while settlers prosper.
His technology may be licensed out in the future, but his whole ship seems like it might sink.
Stupid editors. Everyone knows that you struggle in artery.
Tesla in burning through $$billions of subsidies, has been from the beginning.
Where is the bipolar loon Musk going to get the cash to go private with current stock prices?
It’s all great until time runs out and the sub is still in the patient.
They ignored that bit at the end. The sub was in pieces but even those would have reverted along with the nuclear fuel.
You cannot divorce an IP asset from all the fundamentals. G.E.M. was better than Windows in its first iteration. DEC’s Alpha Chip, and AmigaOS and others had great advances, too, but they didn’t have the rest of the package.
The Market is already well-aware of Tesla’s IP in AI, and that is factored into the current price.
When my oscillating fan exploded, it opened up several vanes. Not a pretty cite.
A completely lame analysis.
This accountant knows nothing about AI.
He would say the same things if Musk said he had a friend from Mars helping him as his competitive advantage. He’s that stupid.
So we can be assured that you’re backing up your beliefs by heavily shorting Tesla stock?
Sounds like there’s killing to be made . . . if you’re right.
bookmark
Is Elon really Ken Lay’s son?
I’ve heard this BS before.
Weather Futures comes to mind.
Chips are no better than the logic put into them, and the logic as expressed in software hasn’t shown the logic is sound.
That, and what kind of moron has a high demand product but can’t manage to supply the demand and then needs federal and State crony capitalism in the form of tax rebates, yet, still cannot get his sh*t together??
That would be, then, a vanity post?
Post? No, it was a fan.
new AI system only speaks Chinese
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