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Tesla: Full Self-Driving is Safer than Humans
Oct 24, 2024
David Meier, a Tesla performance expert, discusses the company's impressive safety record, revealing autopilot crashes occur every 7 million miles, compared to the U.S. average of one every 700,000. He also dives into Tesla's ambitious plans for full self-driving and humanoid robots. Jason Moser shares insights on Empire State Realty Trust's finances, providing an overview of investment opportunities and the impact of changing work patterns on the New York office market. The conversation highlights strategic shifts in companies navigating today's economic landscape.
27:04
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Quick takeaways
- Tesla's recent growth, fueled by energy revenue increases and optimistic vehicle sales projections, reflects a positive shift in investor sentiment.
- The significant improvement in Tesla's full self-driving safety data illustrates advancements towards full autonomy, while challenges remain in replicating human decision-making.
Deep dives
Tesla's Quarter Performance Insights
Tesla's recent quarter showed notable growth, particularly in energy revenue, which increased by over 50%. Despite a modest 2% rise in automotive revenue, investor sentiment improved significantly due to Elon Musk's optimistic projections of a 20% to 30% vehicle growth next year. Tesla's ability to maintain or increase sales even as average selling prices decline is a positive indicator for investors. Overall, there is a clear sense that growth momentum is returning for the company, with stock prices reflecting this newfound confidence.
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