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Joined 1 year ago
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Cake day: August 5th, 2023

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  • It is to some degree. Lots of other new cars have lane keeping assist and automatic braking, BLIS, adaptive cruise control etc, and so on with more capable sensors and can for the most part drive without input from the driver better than the Tesla models with ultrasonic sensors or simply cameras. In fact the ones that rely solely on cameras absolutely do reportedly perform worse in testing. Musk was insistent that they could cheap out on the types of sensors used in order to make more profit and it shows. I don’t think it’s that tech cannot handle self driving currently. I think that it’s a numbers game where the firms attempting it want to do it as cheaply as possible while promising the moon and stars which they can’t deliver on a cheap budget. Vehicles like Ford’s (Blue Cruise) use all kinds of sensors including radar and GPS to allow for handsfree (not self driving) and it does work. The proofs of concept are out there in the world, but the costs to go from something like that to full self driving just doesn’t make it feasible for the average car manufacturer.

















  • Insider trading is illegal. Tax fraud is illegal. There’s lots of things in the business world that have been deemed illegal including the theft of ideas that are trademarked, copyrighted or patented and businessmen steal those all the time and spend a lot of time looking for loopholes. The bottom line is that I can’t say with 100% certainty that this is exactly what’s going on but I can point to articles with analysis of the entire thing and see some distinct possibilities, and you can’t say for certain that that’s not what’s going on, unless you happen to work in the field and have information that I don’t.

    The other parts of the acquisition are covered by his own companies and the sale of his own stock. With the right insurance (the right contracts) he’d get a golden parachute that would make him whole without having to pay those back either. Golden parachutes are not only legal but also quite normal for CEOs. If Twitter were to end up bankrupt, he may not have to pay back the money he borrowed from Tesla or his other companies, and that leaves him having to pay back just the private parties. Depending on their agreement, that may be in stock options for all we know. Further allowing him to dump Tesla stock without selling it (which won’t effect Teslas valuation in a negative way).

    A house of cards is a house of cards. Things being illegal have never stopped this man before.