Euks
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The latest investor presentation of Nviso. Pure dynamite, enjoy:
Great find and share! Tonnes of love for Brainchip and I liked this slide…
Last edited:
The latest investor presentation of Nviso. Pure dynamite, enjoy:
I just worked it out somehow and then clicked on “translate“ for the non-German-speaking readers - amazing how translation engines have improved over the years!Now this U-turn by Elon Musk sounds rather intriguing… Looks as if he finally realized Tesla had manoeuvred itself into a fully autonomous driving dead end? Literally a blind alley?
https://www.handelsblatt.com/techni...en-tesla-setzt-wieder-auf-radar/29052020.html
I was just about to copy the article when this paywall thingy came up.
Any Handelsblatt subscribers that can help out?
AUTONOMOUS DRIVINGNow this U-turn by Elon Musk sounds rather intriguing… Looks as if he finally realized Tesla had manoeuvred itself into a fully autonomous driving dead end? Literally a blind alley?
https://www.handelsblatt.com/techni...en-tesla-setzt-wieder-auf-radar/29052020.html
I was just about to copy the article when this paywall thingy came up.
Any Handelsblatt subscribers that can help out?
I just worked it out somehow and then clicked on “translate“ for the non-German-speaking readers - amazing how translation engines have improved over the years!
New technology with sensors: Tesla relies on radar again
As the only car manufacturer, the US company has so far relied entirely on cameras for autonomous driving. A wrong path, as Elon Musk now also had to realize.
03/24/2023 by Felix Holtermann and Joachim Hofer
Tesla manufacturing © dpa
New York, Munich It doesn't work without radar. The car world is largely in agreement: Radar sensors are necessary for safe automated and autonomous driving. Only one did not want to admit this: Tesla founder Elon Musk. The CEO of the electric car pioneer has so far relied entirely on cameras.
Display
Now, according to experts, a spectacular U-turn is looming. The experts expect that Musk will soon start installing a self-developed, high-resolution radar system in his cars. This is indicated by documents that Tesla has submitted to the US supervision Federal Communications Commission (FCC), which monitors all radio wave-emitting devices in America, including radars.
The pivot is a sensitive topic for the most valuable car company in the world. Because as early as 2016, Musk promised buyers to develop a practical autopilot that will "enable your car to earn money for you if you don't use it." So a private Robotaxi. But he has not succeeded to do so to this day.
Now Tesla is taking a path that other manufacturers have long since taken with less full-bodied announcements. "All leading manufacturers use radar - only Tesla at the moment," says Klaus Schmitz, semiconductor specialist at the management consultancy Arthur D. Little. But that should change soon. The US company is in the process of bringing the so-called hardware 4 generation into its vehicles.
The radar system developed by Tesla itself is a modern, so-called 4D system. In addition to distance, speed and direction of movement, such solutions also recognize the height of objects. "In addition, such sensors also offer a significantly improved resolution," says Peter Fintl, chip expert at the consulting company Capgemini.
Guidehouse analyst Sam Abuelsamid, who has been observing Tesla for many years, has analyzed the documents submitted to the FCC. "The new solution is significantly more powerful than previous systems," he tells the Handelsblatt. Thus, there are more radar antennas, which allows a significantly higher resolution using special software.
Among other things, this could solve Tesla's problem with so-called phantom braking due to misinterpreted camera data. For example, the old system sometimes interprets photos of people on truck tarpaulins as real pedestrians. "This does not happen to a radar," says Abuelsamid. Tesla is thus closing out to other manufacturers.
Tesla initially did not respond to a Handelsblatt request for the new sensor.
The camera recordings that Tesla has used so far are evaluated and interpreted by artificial intelligence (AI) - analogous to a human driver who can only rely on his eyes. Musk has so far rejected the installation of additional systems: "In my opinion, this is a crutch," he had said in the past.
Tesla in court for fatal accidents
Tesla's previous autopilot is most likely to correspond to a so-called Level 2 system, i.e. a solution that only supports the driver (Level 5 corresponds to fully autonomous driving). Which does not prevent Tesla from marketing the autopilot as a "Full Self-Driving Beta" (FSD Beta).
This is a problem for supervision: In August 2021, the US Highway Traffic Safety Administration (NHTSA) initiated an investigation of the autopilot in 765,000 Tesla vehicles after about a dozen accidents. This spring, the company is on trial in the first jury trials for fatal accidents for which the autopilot is blamed.
Experts consider the installation of radar sensors for autopilot applications to be indispensable. "In the industry, it is undisputed that due to the technical limitations of purely camera-based systems, a supplement by further senses - i.e. sensors - makes sense," emphasizes consultant Fintl. Especially at higher speeds, for example on the highway, "radars are practically indispensable due to their long range".
Tesla has a zigzag course behind it in autonomous driving: At the introduction of the autopilot in 2015, the hardware of the supplier Mobileye was used, which included cameras, radar and ultrasonic sensors. After a fatal accident in 2016, the Israeli company withdrew from the partnership on the grounds that Tesla had abused the system.
With the autopilot version 2 from October 2016, Tesla introduced its own system, which included eight cameras, a long-range radar and twelve low-resolution ultrasonic sensors, which are mainly used for parking. At the beginning of 2021, the company removed the radar sensor, then also the ultrasonic devices in 2022. To date, some parking functions no longer work.
Tesla was able to save money through various technologies
Tesla officially justified the removal of the radar by the fact that it did not really help. However, it can be assumed that the chip shortage played a significant role," says analyst Abuelsamid. By cancelling, Tesla saved around 40 dollars per vehicle - a lot of money in the narrowly calculated car industry. The resolution of the radar was also only low. By abolishing the ultrasonic devices, Tesla has saved another around 100 dollars per vehicle, according to the analyst's bill.
However, the new technology should not help existing customers who have paid up to $15,000 for the FSD beta package. A retrofitting of the radar sensor and the necessary on-board computer makes "neither technical nor financial sense" for Tesla, says Abuelsamid.
For many owners, this should be annoying in view of the full-bodied announcements. "The vehicles sold so far will not perform nearly as well in autopilot as those with the new hardware. However, Musk has told all buyers from 2016 that they have all the necessary hardware for autonomous driving at level 5," says the analyst. Now Musk can't deliver what he promised. "Tesla has maneuvered herself into a real dead end."
First publication: 03/24/2023, 04:00 a.m.
amazing how translation engines have improved over the years!
A really interesting read here about the background behind Elon Musk's decision to overrule a number of senior Tesla engineers to go with cameras instead of radar, despite their concerns:AUTONOMOUS DRIVING
Tesla is back on radar
The US company is the only car manufacturer to have relied entirely on cameras for autonomous driving. A mistake, as Elon Musk now had to see.
New York, Munich It doesn't work without radar. The automotive world is largely in agreement: radar sensors are necessary for safe, automated and autonomous driving. Only one person didn't want to believe that: Tesla founder Elon Musk. The CEO of the electric car pioneer has so far relied entirely on cameras.
According to experts, a spectacular turnaround is now in the offing. Experts expect that Musk will soon start installing a high-resolution radar system he developed himself in his cars. This is indicated by documents that Tesla has submitted to the US Federal Communications Commission (FCC), which monitors all radio wave-emitting devices in America, including radar devices.
The swing is a sensitive issue for the most valuable car company in the world. Back in 2016, Musk promised buyers he would develop a viable autopilot that will "allow your car to make money for you when you're not using it." A private robotaxi, then. But to this day he has not succeeded.
Autonomous driving: Tesla follows the competition
Now Tesla is taking a path that other manufacturers have long been taking with less full-bodied announcements. "All leading manufacturers use radar - only Tesla doesn't currently," says Klaus Schmitz, semiconductor specialist at the management consultancy Arthur D. Little. But that is likely to change soon. The US group is in the process of bringing the so-called Hardware 4 generation into its vehicles.
TOPICS OF THE ARTICLE
Tesla Autonomous Driving Electromobility Automotive Industry Robot Elon Musk
The radar system developed by Tesla itself is a modern, so-called 4D system. In addition to distance, speed and direction of movement, such solutions also recognize the height of objects. "In addition, such sensors also offer a significantly improved resolution," says Peter Fintl, chip expert at the consulting firm Capgemini.
Guidehouse analyst Sam Abuelsamid, who has been watching Tesla for many years, analyzed the filings filed with the FCC. "The new solution is significantly more powerful than previous systems," he tells Handelsblatt. There are more radar antennas, which allows a significantly higher resolution using special software.
Among other things, this could solve Tesla's problem with so-called phantom braking due to incorrectly interpreted camera data. For example, the old system sometimes interprets photos of people on truck tarpaulins as real pedestrians. "That doesn't happen with a radar," says Abuelsamid. "Tesla is catching up with other manufacturers."
Tesla initially did not respond to a Handelsblatt inquiry about the new sensor.
The camera recordings that Tesla has been using so far are evaluated and interpreted by artificial intelligence (AI) - analogous to a human driver who can only rely on his eyes. Musk has so far refused to install additional systems: "In my opinion, that's a crutch," he had said in the past.
Tesla in court over fatal accidents
Tesla's previous autopilot most closely corresponds to a so-called Level 2 system, i.e. a solution that only supports the driver (Level 5 corresponds to fully autonomous driving). Which doesn't stop Tesla from marketing the autopilot as a "Full Self-Driving Beta" (FSD Beta).
This is a problem for supervisors: In August 2021, the US National Highway Traffic Safety Administration (NHTSA) launched an investigation into the autopilot in 765,000 Tesla vehicles after around a dozen accidents. This spring, the company faces its first jury trial in fatal accidents blamed on autopilot.
Experts consider the installation of radar sensors essential for autopilot applications. "In the industry, it is undisputed that due to the technical limitations of purely camera-based systems, it makes sense to add other senses - i.e. sensors," emphasizes consultant Fintl. Especially at higher speeds, such as on the freeway, "radars are practically indispensable due to their long range".
Tesla has taken a zigzag course in autonomous driving: When it introduced Autopilot in 2015, it used hardware from supplier Mobileye, which included cameras, radar and ultrasonic sensors. After a fatal accident in 2016, the Israeli company withdrew from the partnership on the grounds that Tesla had abused the system.
With Autopilot version 2 from October 2016, Tesla introduced its own system that included eight cameras, a long-range radar and twelve low-resolution ultrasonic sensors, which are mainly used when parking. The company removed the radar sensor in early 2021, followed by the ultrasonic devices in 2022. To this day, some parking functions no longer work.
Tesla was able to save money through various technologies
"Tesla officially justified the removal of the radar with the fact that it doesn't really help. However, it can be assumed that the lack of chips played a significant role,” says analyst Abuelsamid. The deletion saved Tesla around $40 per vehicle - a lot of money in the tightly calculating auto industry. The resolution of the radar was also only low. By getting rid of the ultrasound devices, Tesla saved another roughly $100 per vehicle, according to the analyst's calculation.
However, existing customers who have paid up to $15,000 for the FSD beta package are unlikely to benefit from the new technology. Retrofitting the radar sensor and the necessary on-board computer makes "neither technical nor financial sense" for Tesla, says Abuelsamid.
For many owners, this should be annoying given the full-bodied announcements. “The vehicles sold to date will not perform nearly as well on autopilot as those with the new hardware. But Musk has told all buyers since 2016 that they have all the necessary hardware for Level 5 autonomous driving,” the analyst said. Now Musk cannot deliver what he promised. "Tesla has maneuvered itself into a real dead end."
Thank’s for the recommendation! Incidentally, I tried out DeepL for the first time two or three days ago, because I had read about it before and was curious as to how well my recent ultra-long Chinese Bamboo post - that I wrote in English - would be translated into (my native) German. And I must say, by and large, I was truly impressed, especially considering it was a literary text. So thumbs up for DeepL, then! (Surprisingly, though, no translation yet possible into Kölsch? )Do a counter test with DeepL.)
If you install the free app you just have to mark the text and double press Strg+c and it's done.
I just read a job posting from them. Actually, they are already the best but they want to become the best in the world
Perhaps they mean that they want to become the most widespread.
I never tire of recommending them. Maybe because they are the best and come from my hometown.
I think annoyed might better be changed to class action inbound if this story turns out to be correct.AUTONOMOUS DRIVING
Tesla is back on radar
The US company is the only car manufacturer to have relied entirely on cameras for autonomous driving. A mistake, as Elon Musk now had to see.
New York, Munich It doesn't work without radar. The automotive world is largely in agreement: radar sensors are necessary for safe, automated and autonomous driving. Only one person didn't want to believe that: Tesla founder Elon Musk. The CEO of the electric car pioneer has so far relied entirely on cameras.
According to experts, a spectacular turnaround is now in the offing. Experts expect that Musk will soon start installing a high-resolution radar system he developed himself in his cars. This is indicated by documents that Tesla has submitted to the US Federal Communications Commission (FCC), which monitors all radio wave-emitting devices in America, including radar devices.
The swing is a sensitive issue for the most valuable car company in the world. Back in 2016, Musk promised buyers he would develop a viable autopilot that will "allow your car to make money for you when you're not using it." A private robotaxi, then. But to this day he has not succeeded.
Autonomous driving: Tesla follows the competition
Now Tesla is taking a path that other manufacturers have long been taking with less full-bodied announcements. "All leading manufacturers use radar - only Tesla doesn't currently," says Klaus Schmitz, semiconductor specialist at the management consultancy Arthur D. Little. But that is likely to change soon. The US group is in the process of bringing the so-called Hardware 4 generation into its vehicles.
TOPICS OF THE ARTICLE
Tesla Autonomous Driving Electromobility Automotive Industry Robot Elon Musk
The radar system developed by Tesla itself is a modern, so-called 4D system. In addition to distance, speed and direction of movement, such solutions also recognize the height of objects. "In addition, such sensors also offer a significantly improved resolution," says Peter Fintl, chip expert at the consulting firm Capgemini.
Guidehouse analyst Sam Abuelsamid, who has been watching Tesla for many years, analyzed the filings filed with the FCC. "The new solution is significantly more powerful than previous systems," he tells Handelsblatt. There are more radar antennas, which allows a significantly higher resolution using special software.
Among other things, this could solve Tesla's problem with so-called phantom braking due to incorrectly interpreted camera data. For example, the old system sometimes interprets photos of people on truck tarpaulins as real pedestrians. "That doesn't happen with a radar," says Abuelsamid. "Tesla is catching up with other manufacturers."
Tesla initially did not respond to a Handelsblatt inquiry about the new sensor.
The camera recordings that Tesla has been using so far are evaluated and interpreted by artificial intelligence (AI) - analogous to a human driver who can only rely on his eyes. Musk has so far refused to install additional systems: "In my opinion, that's a crutch," he had said in the past.
Tesla in court over fatal accidents
Tesla's previous autopilot most closely corresponds to a so-called Level 2 system, i.e. a solution that only supports the driver (Level 5 corresponds to fully autonomous driving). Which doesn't stop Tesla from marketing the autopilot as a "Full Self-Driving Beta" (FSD Beta).
This is a problem for supervisors: In August 2021, the US National Highway Traffic Safety Administration (NHTSA) launched an investigation into the autopilot in 765,000 Tesla vehicles after around a dozen accidents. This spring, the company faces its first jury trial in fatal accidents blamed on autopilot.
Experts consider the installation of radar sensors essential for autopilot applications. "In the industry, it is undisputed that due to the technical limitations of purely camera-based systems, it makes sense to add other senses - i.e. sensors," emphasizes consultant Fintl. Especially at higher speeds, such as on the freeway, "radars are practically indispensable due to their long range".
Tesla has taken a zigzag course in autonomous driving: When it introduced Autopilot in 2015, it used hardware from supplier Mobileye, which included cameras, radar and ultrasonic sensors. After a fatal accident in 2016, the Israeli company withdrew from the partnership on the grounds that Tesla had abused the system.
With Autopilot version 2 from October 2016, Tesla introduced its own system that included eight cameras, a long-range radar and twelve low-resolution ultrasonic sensors, which are mainly used when parking. The company removed the radar sensor in early 2021, followed by the ultrasonic devices in 2022. To this day, some parking functions no longer work.
Tesla was able to save money through various technologies
"Tesla officially justified the removal of the radar with the fact that it doesn't really help. However, it can be assumed that the lack of chips played a significant role,” says analyst Abuelsamid. The deletion saved Tesla around $40 per vehicle - a lot of money in the tightly calculating auto industry. The resolution of the radar was also only low. By getting rid of the ultrasound devices, Tesla saved another roughly $100 per vehicle, according to the analyst's calculation.
However, existing customers who have paid up to $15,000 for the FSD beta package are unlikely to benefit from the new technology. Retrofitting the radar sensor and the necessary on-board computer makes "neither technical nor financial sense" for Tesla, says Abuelsamid.
For many owners, this should be annoying given the full-bodied announcements. “The vehicles sold to date will not perform nearly as well on autopilot as those with the new hardware. But Musk has told all buyers since 2016 that they have all the necessary hardware for Level 5 autonomous driving,” the analyst said. Now Musk cannot deliver what he promised. "Tesla has maneuvered itself into a real dead end."
Its "mandatory to grow old ""with SP going down on many companies"
Thank you for your lovely thoughts there Mr Pope and even though I'll turn 66 years old later this year if I survive that long, there still lives within me a sniggering 12 year old. Is it just me or do some of us just never grow up?
Thank you for your insight!US 2 year bond yield which tracks US interest rate has rolled over. The 20ema has crossed below the 100ema with bond yield below 200ema on daily chart.
That signals the end of US Fed rate hikes. US 2 year bond yield now at 3.775% & US interest rate at 5.00% implies 1.25% of rate cuts are on the way.
My CPI calculations the other day indicated rate cuts to commence in July 26-27 at FOMC meeting. Futures indicate first cut in June.
The Fed Funds Futures indicate 1% rate cuts by January 2024.
View attachment 32928
This is the reason BRN SP bounced yesterday along with other beaten down ASX tech/growth stocks.
- The markets are anticipating the March interest rate hike being the last.
- Some asset classes hit hard in 2022, such as bonds, gold/silver futures, Bitcoin, and tech stocks, are rebounding.
- As the fed eventually moves on to lowering rates, these assets could rally, making an attractive buying opportunity at current prices.
Rule of thumb for stock valuations is +9% rise for every 1% decline in the interest rate. 1% rate cuts = +9 % valuation. Beaten down high beta stocks will rise more than this as market sentiment improves & 'risk on' increases.
Term deposits will be affected & Judo Bank currently offering 4.6% for 12 months will decline to 3.6% when RBA cuts interest rate by 1% to be same as US interest rate. Will be better to invest in dividend stocks paying 4-5% franked dividends & 'risk on' growth/tech stocks.
The shorters would be aware of this which is why I think SP got bullied down recently. They are running out of steam because it has become oversold on daily & weekly charts. Interest rate cuts will also work against them as DCF valuations will increase.
Big money has commenced rotating into tech/growth stocks. Technology, Consumer Discretionary & Communications sectors tend to perform better during the upcoming period. Bonds also do well due to interest rates declining. We are currently in Stage 1 of the business cycle & about to enter Stage 2 shortly when US Fed pivots along with the RBA. Should be similar to post Covid market bounce without the steroids.
View attachment 32930
May be a bit bumpy next few weeks prior to market rising. Invest smart & take care.