Tesla, Autopilot, Mobileye, Elon Musk, Ashlee Vance & The Twitter / Tesla Blog “Correction”



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TeslaMondo’s entire portfolio consists of Tesla and Mobileye. Today Tesla is on the throttle while Mobileye is on the brakes — because of an email from Uncle Elon that suggests he’s looking to surpass Mobileye ASAP, plus some dissage from Citron animaged Geohot.

The Bloomberg reporter making these waves is Ashlee Vance, the author of the recent Musk biography.

So today’s stock movement warrants a half smile and half frown, a physical impossibility unless you’re Lee Majors.

UPDATE: Musk tweets a “correction” that tries to pour cold water on Geohot’s endeavors and perhaps reassure Mobileye and its investors. However, the tweet fails to acknowledge his alleged email to Geohot about ditching Mobileye. What will happen when the market opens today? This site might provide the best play-by-play coverage.

*Editor’s note: This post and countless other Tesla-related articles appear on Teslamondo.com. Check it out here.

Below is Tesla’s “correction” article reproduced in its entirety:

Correction to article: “The First Person to Hack the iPhone Built a Self-Driving Car”

The article by Ashlee Vance did not correctly represent Tesla or MobilEye. We think it is extremely unlikely that a single person or even a small company that lacks extensive engineering validation capability will be able to produce an autonomous driving system that can be deployed to production vehicles. It may work as a limited demo on a known stretch of road — Tesla had such a system two years ago — but then requires enormous resources to debug over millions of miles of widely differing roads.

This is the true problem of autonomy: getting a machine learning system to be 99% correct is relatively easy, but getting it to be 99.9999% correct, which is where it ultimately needs to be, is vastly more difficult. One can see this with the annual machine vision competitions, where the computer will properly identify something as a dog more than 99% of the time, but might occasionally call it a potted plant. Making such mistakes at 70 mph would be highly problematic.

We should also clarify that Tesla’s autopilot system was designed and developed in-house. Were this simply a matter of repackaging a vendor’s technology, as claimed in the article, we would not be unique in offering this groundbreaking experience in production vehicles. If other car companies could meet or exceed the Tesla product by buying an off-the-shelf solution, they would do so.

Tesla Autopilot includes radar, ultrasonics, GPS/nav, cameras and real-time connectivity to Tesla servers for fleet learning. Going forward, we will continue to use the most advanced component technologies, such as MobilEye’s vision chip, in our vehicles. Their part is the best in the world at what it does and that is why we use it.

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7 Comments on "Tesla, Autopilot, Mobileye, Elon Musk, Ashlee Vance & The Twitter / Tesla Blog “Correction”"

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I hope the SEC takes a very close look at bloomberg et all because this stinks like a major stock market manipulation to make the shorts that they bought worth something. It must be highly illegal and made some people rich very quickly.

Then Geohot himself would have to be in on it, which I find hard to believe.

It’s nothing new for someone to come along and claim they have technology better than someone else.

The problem is, that investors today are so easily spooked, and that is no fault of Bloomberg.

Not all all. If a manipulator finds a claim like this, and knows its baseless, and then takes on a short position, and publishes some news article spinning this as to spook investors in order to gain on his short position, maybe in more than on replace to make it all coincide right, then I am certain he broke the law even if the person making the claim was not in on this.

‘in more than one place’

You’re basically accusing the reporter of a prestigious publication as Bloomberg? No proof at all, beyond your cynical suspicion?

As I said, I hope the SEC will investigate.

I have no info or opinion on the actual case, but Ashlee Vance is not knowledgeable about anything related to science or engineering (his biography of Musk is woefully ignorant in that respect, but still worth reading). And any publication that thinks itself prestigious is ipso facto unreliable, because it will tend to report opinions rather than facts, and fail to recognize the difference. Bloomberg actually doesn’t usually fall into this trap, unlike the NYTimes.