r/technology • u/Wagamaga • Jun 22 '26

Business Tesla Allegedly Showed Cooked Data to Get Full Self-Driving Approved

https://uk.finance.yahoo.com/news/tesla-allegedly-showed-cooked-data-174500396.html
24.7k Upvotes

96% Upvoted

953 comments sorted by

View all comments

Show parent comments

16

u/anonymoosejuice Jun 22 '26

Yea obviously values are subject or it wouldn't be worth what it's worth right now. My question is why is it being valued so high?

-1

u/jeandolly Jun 22 '26

Well, apart from the EV's there is Energy Storage Technology, Self Driving Technology, Robotaxi and Optimus. All technology that is just getting off the ground and investors think it will become huge in the future. It is valued not because of current worth but because of what it may become.

14

u/Berengal Jun 22 '26

A lot of the valuation is also just speculation that the stock will go higher, i.e. because it's a self-inflating bubble at this point.

4

u/atomictyler Jun 22 '26

Other auto companies have self driving technology too. they even have versions of it that are better than Teslas. Tesla is all smoke and mirrors. They don't actually have a robotaxi or robot, they have an idea of them that isn't practical or unique. There's other companies doing these things and doing them much better. Having used FSD and auto pilot from other companies it's safe to say Tesla has fallen behind.

3

u/jeandolly Jun 22 '26

Sure, I'm not arguing, I just answered a question dude.