GELYY - Tesla: An Underappreciated Problem With FSD

2024-04-15 11:26:49 ET

Summary

• America's decaying infrastructure, including GPS, poses a challenge for Tesla, Inc.'s self-driving ambitions.
• GPS accuracy is crucial for Tesla's autonomous system, but the current GPS is not precise enough.
• Chinese competitors like BeiDou and Geely are advancing in GPS technology, potentially surpassing Tesla's capabilities.

Preamble

Much of America’s infrastructure consists of roads that can provide a vigorous massage for your car’s suspension, rickety railways, cities powered by wishful thinking and brittle bridges. You may wonder why it is that the country cannot fix these and other decaying elements that underpin the economy.

There are of course more reasons than you can shake a stick at to explain why there is little money available to remedy this situation. For instance, the country spends a ton of money on education, which, in significant numbers of schools, has resulted in many students leaving with zero proficiency in any skill necessary to contribute in any meaningful way to the economy. The U.S. has engaged in a considerable number of external conflicts that has cost a buck or two. Then there are the enormous costs associated with healthcare due to increasing levels of illnesses in the US. In fact, the U.S. spent $10,586 on healthcare per person in 2018, almost double that of Germany. I’ve previously covered the phenomenon of a surge in poor health in an article I wrote about HCA Healthcare (HCA)....

For further details see: