Tesla Is Adding Atari Games To the In-Car Display (theverge.com)

In the next software update for its vehicles, Tesla will include several playable Atari games as new Easter eggs. CEO Elon Musk said the update would be released in "about four weeks" and should include games like Pole Position, Tempest, and Missile Command. The Verge reports: Pole Position's controls will apparently be linked to the Tesla's actual steering wheel -- while the vehicle is stopped, Musk made clear. It goes without saying, but no one should be messing around with any of these when they're behind the wheel of a moving car. A much bigger deal for Tesla owners is that, according to Musk, software version 9.0 will begin to enable "full self-driving features" in eligible vehicles. The new update might be discussed further during Tesla's earnings call later today.

Comments

Good

[Anonymous Coward]

Now you can play frogger in ur Tesla while playing frogger with ur Tesla

Re: Good

[Rei]

The burning smell you're detecting is the money you put into TSLA short positions. TSLA up 9% in after hours trading.

I love how you guys pay interest (sometimes at loan shark rates) for the privilege of losing money betting against the company ;)

Re: Good

[Rei]

It may interest you to know that a (admittedly tired) Musk apologized twice on the conference call. An investor told him: "Don't let the trolls get you down, but we do like it when you tease the trolls a bit"

I think I'll take their advice to Musk: "Bite me."

Re: Good

[Rei]

Yes, that would be totally meaningful if it wasn't nonsense.

Model 3 margins are now positive - without any AWD and P in the mix. Now expected to be 15% this quarter. Much of the cost this quarter was from a restructuring (incl. severance from layoffs), which turns from an expense into a cost savings from Q3 onward. 11k cars were stockpiled in Q2 to avoid the 200k limit - aka, Tesla had to pay for them but got no money from them (but will this quarter). Model 3 production rates dramatically accelerated over Q2 and continue to accelerate; Q3 Model 3 deliveries will be 3x higher than Q2, and Q3 model 3 revenue growth even more than that due to the higher-optioned mix (half of all new sales are now AWD or P, which weren't even available in Q2).

Are you in Egypt? Because it appears that you're writing your post from de' Nile.

Re: Good

[Rei]

Q1: Produced 24,728 vehicles. SG&A=686,404
Q2: Produced 53,339 vehicles. SG&A=750,759

Vehicle production doubles. SG&A increases by 9%

Your notion that SG&A would just linearly rise with production was nonsense, and I warned you of this. You refused to believe me. Well, that comes at your peril. Seriously, how did you even think that was supposed to even happen? Money has to go somewhere. Where's the hiring to support a linear SG&A scaleup? Where's the extra office space? Where's any of it? Nowhere, that's where. Your linear SG&A rise is, and always has been a myth. Because economies of scale are an actual thing, and only a small fraction of SG&A goes to direct one-on-one customer service.

But wait, it gets better! Because as I also pointed out to you, and you refused to listen, restructuring and severance costs are a hit in Q2 but a benefit from Q3 onward. That's right, the Q2 figures are inflated, which will then translate to deflation in Q3. You're probably still refusing to believe this. Live in denial all you want, it's not my money you're throwing away.

Even revenue is artificially deflated this quarter by the 11k vehicles held back to avoid hitting 200k ("in transit"). Multiply that by a typical sale value - that's nearly 600m in revenue right there. Now compare that to the change in cash on hand. Notice anything?

Should I bother to mention that no ZEV credits were claimed at all this quarter?

Face reality or not: Tesla is transforming into an ongoing profitable venture. This quarter.

Re: Good

[Rei]

SG&A goes with all stages - getting the order, keeping it, delivering it, and post sales support. And it doesn't go close to linear with any aspect of them, because A) economies of scale, B) G&A (you're only focusing on S), and C) large portions of SG&A have to be spent well in advance of the revenue that they are responsible for.

And deliveries grew by 36%, despite the huge number in transit.

Lastly:

We'll see if Q3 is profitable or not - because you (and many others) claimed Q2 would be, and we see it's far from that.

This is pure, unadulterated BS, and you know that very well. Neither I, nor anyone else I've ever seen on any place on the internet (and I've heard from a lot of people, both bulls and bears), was expecting Q2 to be profitable, nor was Tesla calling for Q2 to be profitable. Not a single exception. Everyone was expecting a loss in Q2 as Tesla rolled in restructuring costs and high numbers of vehicles in transit, in prep for the planned profit in Q3. If you feel the need to lie about the other side, that's called a straw man argument, and does not reflect well on you.

Lastly: the market's response says all you need to know about Q2 expectations vs. actuality.

So now when your game console crashes...

[ErikTheRed]

... it *really* crashes.

what whould the faa say if flight controls where l

[Joe_Dragon]

what would the faa say if flight controls where linked to some game?

Self driving software should NOT NOT NOT be linked to a game in any way.

Re:$11 billion in debt

[Rei]

$11 billion in debt and they are working on this? What a pedo

Total assets ($k): 27,910,000
Total liabilities ($k): 22,642,887
Cash on hand ($k): 2,236,424
Combined gross automotive margins: 20,6% GAAP / 21% non-GAAP
Model 3 margins: Now slightly positive, in a quarter without any of the higher-margin AWD / P models sold (the latter two now make up half of all deliveries)
Guidance for Model 3 margins this quarter: 15%
Guidance for sustained profitability as a company: This quarter onward
Market says: +9% in after-hours trading

Aww, I'm sorry, did you have some short positions against the company?

How many lives do you get?

[goombah99]

If you die in your tesla can you go back to your last saved position?

Re:$11 billion in debt

[Rei]

since they have 400,000 waiting for the $35,000 version.

Except that's not even remotely true. The mix has continually polled at only about a third of reservation holders wanting SR. The biggest chunk of untapped orders is Europe and Asia/Pacific. They don't even start selling over here until next year :

I read on the Tesla Motor Club site that customers are getting cars in two weeks now.

If you're really, really lucky. The average wait times are measured in months. But some fast deliveries have happened.

Re:This is lame

[goombah99]

or maybe It expensives a cheap game

Meanwhile, no CarPlay or Android Auto

[mccalli]

If you're going to add software...