this post was submitted on 29 Jan 2026
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[–] YaksDC@sh.itjust.works 145 points 3 weeks ago

In a different time the SEC would have been all over this obvious stock market manipulation.

[–] ExcessShiv@lemmy.dbzer0.com 100 points 3 weeks ago (4 children)

This is the same CEO who has promised “full self-driving next year” every year since 2018.

This is just plain lying by electrek...he started promising "self-driving next year" long before that.

[–] mech@feddit.org 62 points 3 weeks ago (2 children)

You can go on the SpaceX website right now and book a trip to Mars for 2026.

[–] floquant@lemmy.dbzer0.com 12 points 3 weeks ago

Don't make me miss the good timeline like that

[–] sexy_peach@feddit.org 9 points 3 weeks ago

No way I checked, this is real. Unbelievable

[–] Mog_fanatic@lemmy.world 10 points 3 weeks ago* (last edited 3 weeks ago)

Earlier than that it's absolutely insane that anyone believes anything this dunce says now.

[–] baller_w@lemmy.zip 10 points 3 weeks ago

And The Music Man just announced this will be a monthly service to make stonk go up.

“The market will bear the cost”

[–] NotMyOldRedditName@lemmy.world 5 points 3 weeks ago (2 children)

I don't think it was next year every year before that?

It was just very soon before that.

[–] ExcessShiv@lemmy.dbzer0.com 5 points 3 weeks ago (1 children)

He may have used "end of year" before 2018...I'm pretty sure he promised "coast-to-coast" FSD capabilities "by end of the year" back in 2016

[–] NotMyOldRedditName@lemmy.world 5 points 3 weeks ago (3 children)

Oh turns out my timelines are off, I thought the coast to coast promise was 2019.

It was in 2016, for the end of 2017.

[–] hovercat@lemmy.blahaj.zone 6 points 3 weeks ago (1 children)

"3 months maybe, 6 months definitely" is still one of my favorite quotes from his timeline estimates.

[–] NotMyOldRedditName@lemmy.world 3 points 3 weeks ago (1 children)

Not the "two weeks" for months on end?

[–] hovercat@lemmy.blahaj.zone 4 points 3 weeks ago

It's one thing to continuously move dates like that, but the uniqueness of giving a 3 month window and saying it with such confidence is very amusing to me.

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[–] mech@feddit.org 97 points 3 weeks ago (2 children)

As we reported last week, the “unsupervised” Robotaxis spotted on January 22 were all being followed by trailing Tesla vehicles with safety monitors inside.

Genius. Musk invented a taxi service that needs 2 cars and 2 drivers per ride.

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[–] devolution@lemmy.world 93 points 3 weeks ago
[–] aramis87@fedia.io 60 points 3 weeks ago (3 children)

I followed a link in that article to this one: Tesla didn’t remove the Robotaxi ‘safety monitor’ – it just moved them to a trailing car:

When Musk says there’s “no safety monitor in the car,” he’s technically telling the truth, the monitor is in a different car, following right behind. But the implication that Tesla has achieved true unsupervised autonomy is misleading at best.

[–] ChicoSuave@lemmy.world 51 points 3 weeks ago (2 children)

Tesla has achieved remote control driving. It's the only taxi service that has 2 cars per fare.

[–] ThePantser@sh.itjust.works 38 points 3 weeks ago (1 children)

So instead of just paying a human driver for a taxi they have instead decided to use 2 whole cars AND a human driver. That's peek efficiency there.

[–] frunch@lemmy.world 21 points 3 weeks ago

Oh, there's efficiency--just in the wrong place. He efficiently made a 4% bump in Tesla stock value by telling a few lies. That's all this is, and has been: profiting on hype/fomo.

[–] Pieisawesome@lemmy.dbzer0.com 3 points 3 weeks ago

Waymo and others used a chase car, but they were transparent about that.

They still have some, but the ratio is now many self driving vehicles to one safety car

[–] nyan@lemmy.cafe 7 points 3 weeks ago

Double your traffic congestion, or your money back!

. . . or not, since I've never heard of Tesla voluntarily refunding anything.

[–] NotMyOldRedditName@lemmy.world 3 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

On the earnings call yesterday, they claim (I haven't seen proof yet) that the chase car has been removed now.

Edit: Just updating with a quote someone transcribed. I thought it was paid rides with no chase car, but reading the actual quote, it sounds like they are claiming it is with nobody in the car and no chase car.

“We were able to do our first rides with no safety monitor in the car in Austin — these are paid rides, so these were just randomly paid rides with no safety monitor, and [umm] maybe as of maybe yesterday or so we actually don’t even have a chase car or anything like that so these are just cars with no people in them and no one’s following the car in Austin.”

[–] SaveTheTuaHawk@lemmy.ca 13 points 3 weeks ago (12 children)

Remember when the SEC used to call this fraud?

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[–] aramis87@fedia.io 3 points 3 weeks ago (2 children)

The chase car has been removed - but no one's seen the self-driving cars either, not since the chase car was removed. It's another intentional misdirection.

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[–] SaveTheTuaHawk@lemmy.ca 41 points 3 weeks ago

Next he will sell diagnostic machine that only needs one drop of blood.

[–] brsrklf@jlai.lu 41 points 3 weeks ago (1 children)

Fake it till you... Scratch that, just fake it.

[–] umbrella@lemmy.ml 12 points 3 weeks ago

make use of AI.

Actually Indians.

[–] skozzii@lemmy.ca 38 points 3 weeks ago (2 children)

I can't wait for Musks dominoes to fall. Once Tesla investors realize their investment is worthless all his other companies he has cross leveraged everything with will all list start collapsing and the whole thing comes down.

That would be devastating to the markets, and it hasn't even address the AI bubble which is going to pop and the biggest economic downfall and depression in American history begins.

Tough times ahead no matter what, but the sooner Trump is gone they can start rebuilding.

[–] Zron@lemmy.world 6 points 3 weeks ago

The problem is that Tesla has become a self fulfilling prophecy. Not in any ability to actually make the products they advertise, but in making investors money. So many people have invested so much that the stock price now effectively describes investor’s aspirations for money, not their faith in Tesla. This has been true for some time. The value of the stock has been largely divorced from the reality of production targets, new products, or even the endless controversies.

[–] sexy_peach@feddit.org 5 points 3 weeks ago

Once Tesla investors realize their investment is worthless

that's going to take a long time

[–] neidu3@sh.itjust.works 36 points 3 weeks ago (3 children)

Anything to distract from the fact that they're a car company selling fewer and fewer cars.

[–] floofloof@lemmy.ca 16 points 3 weeks ago (4 children)

Ah but now they're going to be a robot company selling fewer and fewer robots instead.

[–] Mihies@programming.dev 6 points 3 weeks ago (2 children)

People in robot suits you mean

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[–] SaveTheTuaHawk@lemmy.ca 6 points 3 weeks ago (1 children)

4D chess....the Optimus robots will drive the cabs.

[–] NotMyOldRedditName@lemmy.world 2 points 3 weeks ago (1 children)

That would be hilarious and such a malicious way to get the taxi number and robot number for the pay package.

[–] SaveTheTuaHawk@lemmy.ca 8 points 3 weeks ago* (last edited 3 weeks ago)

Steve Buscemi's greatest role.

[–] AA5B@lemmy.world 4 points 3 weeks ago

And an ai company with no ai product

[–] Peruvian_Skies@sh.itjust.works 3 points 3 weeks ago (2 children)

But they can't sell fewer than zero! Egads, Tesla has found a way to never shrink their business anymore!

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[–] mech@feddit.org 11 points 3 weeks ago

Tesla isn't a car company, it's a techbro company. They don't sell cars, they sell the idea that any day now they'll achieve a technological breakthrough.
But it's becoming obvious that won't happen, so they now pivot to robots. Selling the idea that they'll achieve a breakthrough in that space soon.
Those buying the products aren't the target audience, the investors are. The customers are just useful cattle.

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[–] SouthFresh@lemmy.world 24 points 3 weeks ago (1 children)

Herr Musk is a lying nazi, and anyone holding Tesla is a fool and will get what they deserve

[–] 4am@lemmy.zip 16 points 3 weeks ago (1 children)

I’m not so sure that everyone holding Tesla is going to get what they deserve anymore.

I agree they should get it, though.

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[–] Peruvian_Skies@sh.itjust.works 17 points 3 weeks ago

Surprised pikachu dot jay peg

[–] Buddahriffic@lemmy.world 4 points 3 weeks ago (2 children)

Anyone else feel like Tesla is actually how Elon is being paid for being the one to make twitter fascist and the DOGE bs? Like the majority of shareholders don't actually gaf how the company does and the billion dollar compensation package had nothing to do with Tesla other than it being the vehicle through which the payment was made?

[–] AA5B@lemmy.world 3 points 3 weeks ago (1 children)

I don’t see how. This is just a continuation of what he was already doing, facilitated by a board of his friends and relatives.

Even worse I have to say I’m not totally against it. All too often ceos get excessive pay regardless of their results. While I haven’t looked in detail not at the history, the claim is these are only for Tesla meeting some extremely ambitious milestones and the payment is stock. Certainly his previous ridiculous allay was in stock and Tesla had some extraordinary growth. If the stock doesn’t go up, then he should never receive that wealth

If it’s truly contingent on the company growth and the board doesn’t throw him a life preserver, that’s not entirely bad. Excessive yes. Extremely excessive. Excessively excessive. But more execs need to have their wealth gated on actual results

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