Better Offline Enron Musk Ft. Ed Niedermeyer
10 snips
May 8, 2024 
Ed Niedermeyer, author of Ludicrous: The Unvarnished Story of Tesla Motors, discusses Tesla's safety issues with Autopilot and Full-Self-Driving software, Elon Musk's internal changes at Tesla, and the implications of NHTSA's forced recall on over two million Tesla vehicles
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Perception vs. Reality
- Tesla's stock price and perceived value have overtaken its actual performance as a company.
- This gap between perception and reality has been a defining characteristic of Tesla since its inception.
Declining Sales
- Tesla's sales peaked during COVID due to unique circumstances and have been declining since.
- Price cuts and margin reductions are unsustainable; new products are needed to reverse the trend.
NHTSA Report
- The NHTSA's report reveals a "critical safety gap" in Tesla's Autopilot and Full Self-Driving systems, contributing to numerous crashes.
- The NHTSA is investigating the effectiveness of Tesla's software update recall remedy.