Autonomous Vehicles

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Autonomous Vehicles is a community dedicated to the news, discussion and exploration of autonomous vehicles and how we as a society, will embrace this futurology today!

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Elon Musk Finally Admits That Teslas Don't Have What It Takes for Full Self-Driving (futurism.com)

submitted 3 weeks ago by Lugh to c/avs

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[–] Lugh 18 points 3 weeks ago* (last edited 3 weeks ago) (3 children)

And the stock still gained almost 5% since yesterday when they also announced revenue was down,

I wonder are they assuming he'll be able to siphon hundreds of billions of government money?

The TrumpMelania memecoins are 100% brazen corruption with zero pushback, these people must think there's nothing to stop them.

Elon Musk’s DOGE Wants Access to the Treasury’s Payment Systems

[–] Benjaben@lemmy.world 8 points 3 weeks ago

Yeah I mean, company leader being prominently in bed with the most corrupt president ever is almost certainly great for business. Even Elon would have to try hard to fuck up that kinda advantage. Not surprising at all if investors are still bullish.

[–] Plebcouncilman@sh.itjust.works 6 points 3 weeks ago (1 children)

I dunno, from the institutional side almost all trading now happens through algorithms and from the consumer side almost all trading is fueled by memes and vibes. The crash is gonna be the mother of all crashes. I mean just look at what Deepseek did a few days ago, it deleted hundreds of billions of dollars in NVDIA stock value. These stocks are so overvalued that they reflect absolutely nothing about their present ability to turn a profit. They are pure speculative fantasy.

[–] Lugh 4 points 3 weeks ago* (last edited 3 weeks ago)

The crash is gonna be the mother of all crashes.

100%. When it happens on Trump's watch, I wonder will Trump take over the Federal Reserve? And start money printing trillions to rescue the stock market?

Erdogan has bankrupted Turkey with hyperinflation and his minions still love him.

Trump had bankrupted every business he's ever owned, it would be on brand for him to bankrupt America and the dollar as the world's reserve currency.

[–] JokeDeity@lemm.ee 3 points 3 weeks ago

There IS nothing to stop them. The FTC and related are absolutely worthless at best but more likely complicit.