Tesla TSLA has topped
- Thread starter Master Pu
- Start date
damn.
What is the significance of $950? The actual 50% of hi to lo is $931.5 which was slightly overshot by around 1.5% and bounced back. So far TSLA at the top of the downward channel seen on lower time frame like weekly. It’s going down matey.
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High or low doesn't matter to me at this time, but there is big pressure to stabilize at 900 which doesn't suit me.
Next $782 and then we will see, but looking at longer-term charts, it should start to fall further IMO.
I'll take sub 800 but I don't think it's going back there with the split scheduled Thursday. From there it should start picking momentum but I'm good either way.
"Quantum computing is the most underrated, most transformational technological breakthrough since the internet.
In fact, it may be bigger than the internet. As Mr. Israel said, it may bigger than the discovery of fire itself.
The first tangible, value-additive application of quantum computing technology — electric vehicles.
We truly believe that quantum computing will meaningfully accelerate the EV Revolution. Over the next few years, it will help to develop new EVs that last forever and cost next to nothing.
Forget Tesla. Focus on the next wave of EV makers that will make these quantum-enabled cars.
Believe it or not, one of those companies is Apple (AAPL)."
https://investorplace.com/hypergrow.../?utm_source=tradingview&utm_medium=editorial
In fact, it may be bigger than the internet. As Mr. Israel said, it may bigger than the discovery of fire itself.
The first tangible, value-additive application of quantum computing technology — electric vehicles.
We truly believe that quantum computing will meaningfully accelerate the EV Revolution. Over the next few years, it will help to develop new EVs that last forever and cost next to nothing.
Forget Tesla. Focus on the next wave of EV makers that will make these quantum-enabled cars.
Believe it or not, one of those companies is Apple (AAPL)."
https://investorplace.com/hypergrow.../?utm_source=tradingview&utm_medium=editorial
I'm confused. WTF does quantum computing have to do with EVs?
That's like, a piss-poor application of them.
That's like, a piss-poor application of them.
My guess is that since Tesla's have no Lidar or other fancy sensors, it has to do everything by vision, like humans. And my guess is that it's extremely difficult to do this unless you have lots of computing power.
That's not a trade article, it's a promotional piece. The only link I see between EVs and QC is the ability to model materials and mechanics to come up with better solutions faster.
As Musk likes to say, prototyping is easy, mass production is hard.
Tesla doesn't use lidar, by choice. To model its FSD it built the world's 5th largest computer and, to date, its system is the most advanced. Swapping from their existing compute power to QC is an option if it speeds up the development of FSD.
I think Musk's goal will be to lease the FSD system to other car manufacturers to become the ubiquitous vehicle self driving solution. The cost of developing FSD is likely too enormous for Tesla to digest alone.