10 years is optimsitic if you look at modern development programs. Who is developing this amazing next generation drone that will solve all these problems. Nobody in Europe is currently, and that means it wont exist in 10 years.
The 'American West' isn't a myth, reality is just somewhat different then what actually happened. But the same can be said for any simplified history of any nations myths.
Lets be real, the original founders drove the start up against the wall and Tesla was a complete disaster before Musk took over the company. Not to mention that they wouldn't even have gotten that far without Musk money and JD.
When Tesla dropped the 'Model 2' car because 'the future would be all robo taxi' I dropped my remaining position in the stock. The idea that car sales would collapse by 50% because robo-taxi would happen just around the corner was crazy.
I agree with you. I personally dropped my stock when it was clear that the bull thesis had collapsed.
I had priced in, margin staying the same or going slowly down. FSD not working but achieving at least a decent amount of software sale conversion. Service to become a profit center. And most importantly, a profitable truck and 'Model 2' program to further push volume. Beyond that, just generally that electrification was ongoing and Tesla had a role to play.
I never considered Robi-Taxi or Human Robots.
All of these failed. Volume didn't continue to go up. Margin couldn't be substantiated. FSD didn't get much buys (not helped by absurdly increasing price). Truck program was a failure (and I don't think its because of the design). And 'Model 2' program was cancelled.
I profited a lot from this stock and I think there was time where the stock-price was reasonable (I don't buy the claim that it was always a pure meme stock). But every quarter it got worse and worse. I can't understand why its still so high either.
The data from their self driving pilots disagrees even if it works for you. Its simply not read to be a taxi that makes money by itself.
It might a nice feature for your car to have. But most people aren't paying for it, the conversion rate is very low.
So they are not making money from taxis and not making much money from software sales.
So does it matter that for you personally it drives you around sometimes?
Even if you price in a 4x increase in FSD buy conversion ratio, you can't explain the stock price.
And I say this as a former Tesla investor who assumed that conversion ratio would be better then it is. But for that reason (and many others) I couldn't justify the valuation and dropped the stock.
Late-Stage capitalism is a term that socialist have been throwing around since 1960. Its completely meaningless, its just one of those terms that socialist use to throw literally anything into that they don't like. Because of course if you identified anything other then 'capitalism' as the problem, then anything other then 'socialism' could not be the solution. And its a-priority clear that socialism will be the solution. And using that terms also frees you from actually coming up with a solution other then then just talking about 'global revolution' or whatever socialist cliche you want to come up with.
Instead of getting your socialists credits up by calling anything that bad 'capitalism' we should be smart enough to understand that other technological and social factors are at play.
Then blaming everything, all the issues on some economic crisis rather then any long term forces is another typical lazy approach, ignoring trends that existed before the economic problems and persist long after the crash.
When we are talking about the nuclear family, lets be clear, it is the social state and government pensions that have a lot to do with that. And the availability of porn and other alternatives to getting married has a lot to do with the general liberalization of society and feminism. Giving everybody the freedom to pick their own partner when both partners are free of family requirements, free of economic pressure (woman can support their own lives) and with sex more available 'thanks' to dating app and general sexual liberation.
Of course on the far right they call all these things evil and wanting to go back to 'traditional values'. But even if we don't agree with the 'solution' it is true to some extent.
For example, in terms of how many kids woman have, if you only look at 'natives' and exclude immigrant backgrounds, the trend has been ongoing in a lot of places including in Europe (Italy or Spain). But in most Pop-Stars don't shave their heads, in the US its the opposite, a Pop-Star having a 'high-value' boyfriends (or many sexual partners) makes her more desirable. So example like this are always cherry-picked. I don't think Japan is showing the future here.
The overall drop in fertility in men is also universal, again something often cried about by right wing people. There are many other such trends that are global to some extend. And of course not sure how socialism would fix most of them.
> In late-stage capitalism these same milestones become financially punishing and logistically impossible.
Except of course that people used to be 10x poorer and did just fine in reproducing. The claim that 'late-stage capitalism' is so completely repressive that it is impossible and so much worse then the 1920 is just baseless nonsense. Coal minors in 1920 managed to have enough kids, do you want to switch with them?
PS:
> celebrity is necessarily a fictitious character in everyday life
Because celebrates in the past showed their true selves to people right? What even is this argument.
This behavior evolved from America's previous one where everything bad was called communism/socialism. Such as 'you don't like police violence, what are you, a socialist?'. Or just callie someone a commie. We just operate within the existing social framework/communication norms. The dominant Capitalist supporter created one in this case.
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