Tesla Quietly Drops 'Full Self-Driving' Option As It Adds $45,000 Model 3 (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: Elon Musk took to Twitter on Thursday evening to inform his followers of a new addition to the Model 3 lineup. This is not the long-awaited $35,000 version, however; the mid-range Model 3 starts at $45,000. Musk also revealed that the Model 3 ordering process has been simplified and now has fewer options. One that's missing -- from all new Tesla orders, not just the Model 3 -- is the controversial "full self-driving" option. The reason? It was "causing too much confusion," Musk tweeted. The mid-range Model 3s will be rear-wheel drive only, prompting some to wonder if the company was using software to limit battery capacity on existing RWD inventory in order to get it out of the door. But Tesla says it's able to build these slightly cheaper cars by using the same battery pack as the more expensive, longer-range cars but with fewer cells inside (so no future software upgrades can increase their range at a later date). While Tesla is promoting the car as costing as little as $30,700 by factoring in "gas savings" and all federal and local tax incentives, it did also announce last week that any new Tesla delivered after October 15th might not ship before the beginning of next year. As Ars Technica notes, "Any new Tesla delivered after January 1st 2019 (but before July 1st 2019) is only eligible for a $3,750 IRS credit."
You mean "it doesn't work". Autonomous driving is a joke and will never happen. I can't wait until the new Tesla "AI chip" arrives though.
"any new Tesla delivered after October 15th might not ship before the beginning of next year."
To all those doubters as to Musk's genius he's only gone and invented a time machine, shipping cars weeks after they get delivered.
It's a flawed design from inception to execution. The idea that people "wouldn't drive, but would be ready to take over from a computer in an instant when they 'sensed' that it wasn't functioning safely" IS RETARDED, PERIOD.
In no way is that a naming problem.
Yes, we always love to hear the views of people who want to "que a law suit".
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
Yes, I always get my news from "CrazyDaysAndNights.net". It's almost as good as "www.geocities.comm.cz:8081/~globalpatriot/TeslaTruthNews"
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
In the past week and a half, Tesla has gone up 4% while NASDAQ has gone down 4%
Should have put your money in TSLA.
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
The California incentive is $2,5k.
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
Autopilot is still available. The full-self-driving option was buying vaporware.
They've taken away the vaporware option until it actually exists.
If you think they aren't still working on it, then you aren't very smart.
Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
Until it's coming from a reputable source, and I certainly don't mean SeekingAlpha, it's shortsville FUD.
Most likely, this is about repricing the full-self-driving option to be more realistic about what it will take, now that they have to replace the computer to get it done.
Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
Gotcha. The system that Consumer Reports rated as the most capable driver assist system on the market and easiest to use is, quote, "a flawed feature" causing "cars [to] pile up".
CR did mark other systems (namely, SuperCruise) as better than EAP in three categories, which were all different variants of "how much it nags you". SuperCruise was so limited that they couldn't even turn it on on their test track (they apparently liked this). Indeed, your living room couch would have rated better than EAP in this regard. But in terms of both capability and ease of use, they found EAP was the best system on the market.
This matches up with the IIHS results, which found that Model 3 was the only vehicle that they tested which never crossed the lines on any of their curve or hill tests and never required manual intervention to avoid a collision in their real-world test. It also had the gentlest braking profile, starting braking before others did. It didn't get perfect marks, mind you - it had several false negative events in the real-world, and in one of their track tests (not real world) it only reduced the severity of impact with their mockup rather than preventing it. But overall its performance was class-leading.
Note that neither CR nor IIHS were using the latest version of EAP (V9), which was a huge upgrade. All cameras enabled now, camera-agnostic processing, full resolution rather than half resolution, and 400% more processing power utilized.
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
Do you have to fly much, perhaps for business?
If so, I'll just leave these statements alone and let you think these things if you want to:
--
1. They do not turn on autopilot on a 12 hour flight and go to schmooze with the hot flight attendants.
2. takeoff and landing, but pilots do this manually. Just like Tesla.
3. Like autopilot, it can help you avoid impacts... warn the pilot of impending crashes ("Pull up!", "Terrain").
--
Will they refund those who bough the full-self-driving upgrade, now that is is no longer offered and has no timeline?
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
The removal of FSD is probably a mix of a number of factors:
I don't see Tesla worrying about the last factor much--not because it isn't an issue, but because it's just not how the company operates. The real issue is probably that they are expecting the hardware upgrade to cost $5000, and the FSD package was only $3000. They were probably seeing a significant uptick in FSD orders after they announced the hardware upgrades would probably cost $5K for people who hadn't ordered it.
I would also note that the FSD option has gone away for the Model S/X purchasers, too, though the reporting has focused on the Model 3.
In this month, Tesla has gone down 12% while NASDAQ is down 7%.
Should have put your money in a NASDAQ index fund.
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
It's the same TeslaMath that says you can lose $717 million each quarter - but you still make a profit!
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
The idea that people who have fallen out of the practice of even normal driving will be able to alert-up and be ready to maneuver through a driving emergency is so far gone that it's amazing it can exist as hype.
Reservations are fully refundable. The $2,5k deposit when you lock in config when it goes into production is not.
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
It is, of course, still offered (see above). As always, news coverage of Tesla is terrible. What Tesla removed is the $2k discount for buying it early. You can only buy it at full price ($5k) via your Tesla account.
It never had a timeline. And everyone who purchased it knew that. Some people are more optimistic than others about its timeline. I personally am not in that category.
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
Thank you for demonstrating my point about cherry picking stock start and stop points.
One enters into a long position with an exit horizon based on their thesis. My exit horizon doesn't even begin to open until after the Q4 report. Until then, all this is noise.
"What is the difference between a Ponzi Scheme and an Investment Bank?" -- Jon Stewart
Credit where it's due, back in February he nailed the fact that the SEC had an investigation open:
http://www.crazydaysandnights....
Doesn't look like the girlfriend thing panned out though.
And... how many accidents do you think Tesla's system PREVENTED? Let's be honest... most of the people who use Tesla autopilot wouldn't exactly be the world's most attentive drivers WITHOUT it, either. Even IF they were going through the motions and pretending to pay marginally more attention, we're talking about a group that's generally oblivious to anything that doesn't capture their immediate interest, tends to daydream a lot, and are almost the textbook case-study poster-children for highway hypnosis.
Let me repeat. At least with Tesla Autopilot, SOMETHING is paying attention to the road while they're behind the wheel, which is generally more than you could say about the "drivers" themselves in real life. Forget driver's-ed fantasy and propaganda... in real life, Tesla Autopilot is a life-saver (or at least, a major paint-saver and dent-preventer) for the majority of its daily users. It's not 100% perfect... but the drivers themselves are FAR worse. And that's why insurance companies grudgingly tolerate it... they know that at the end of the day, drivers likely to use Autopilot are going to have fewer accidents overall than they would have had if it weren't available.
You also need to take into account repairs, which are likely higher for an ICE as it's more complex mechanically. It still probably doesn't eat up the cost difference, though.
Let's say both the EV and ICE car costs $35k upfront and use the same numbers before ($0.15c/mile ICE, $0.01/mile EV). At the 50,000 mile mark it's fair to say that you're saving $7,000, but that means that cost coming out of your pocket is $35,500 instead of $42,500. It's not fair to say that your out of pocket cost for an EV is $28,000 as it implies that you're somehow generating revenue driving an EV that is not present in an ICE.
Nobody is saying any of that. They're simply saying that the price of the car is X, the savings over a given time period are Y, and therefore if you factor in the savings then the effective price over that time period are X-Y. There's nothing unusual about that; I'm not sure why you're so confused about it.
It's the same math as if you're thinking about buying, say, solar panels. The panel costs X, the monthly savings will be Y, therefore the effective cost of the panel after number of months N will be X-(Y*N). Only difference being that, if all goes well, the panels will eventually pay for themselves so that your "cost" compared to the alternatives will be zero, or even negative. It's still costing you money to buy and maintain the panels, but eventually the savings are greater than the original purchase price.
Credit where it's due, back in February he nailed the fact that the SEC had an investigation open:
Wait, he knew in February that the SEC was investigating a statement that was made 6 months later? That dude isn't a journalist, he's a fucking Time Lord.
They were under investigation long before the 420 tweet, and the denial in the Q2 call was legal needle-threading to avoid disclosure to investors:
"The action by the S.E.C. is solely related to events surrounding Mr. Musk’s comments on Twitter. But regulators had been investigating Tesla even before the tweet, and are more broadly examining whether Tesla misled investors about its production goals."
https://www.nytimes.com/2018/0...
If you don't cherry pick, and look at the market over years, Tesla is way behind the market. And that's despite being propped up by millennial retail investors and accounting fraud.