Notices by Asymco (asymco@mastodon.social)

“Google will get better at design faster than Apple will get better at services”

Tesla sold only 536 new vehicles in April in UK, a significant decrease from the 1,404 sold in the same month of 2024. Meanwhile, the registration of battery-electric cars in the U.K. rose by 6.9% in April

Waymo One is providing more than 250,000 paid passenger trips each week in San Francisco, Phoenix, Los Angeles and Austin after more than 4 million paid trips in 2024. It plans to add Atlanta and Miami and then Washington, D.C., by 2026.

The company plans to build over 2,000 more fully autonomous Jaguar I-PACE vehicles through next year and integrate Waymo's technology on new vehicle platforms, starting with Zeekr RT this year

Apple reported earnings per share (EPS) $1.64 on revenue of $95.4 billion. Wall Street was anticipating EPS of $1.62 and revenue of $94.2 billion. My estimates, alas, were too high ($1.75 and $97b).

“Next year, for sure, we'll have over one million robotaxis on the road." -Elon Musk 2019

Tesla reported deliveries of 336,681 globally in the January to March quarter. The figure was down from sales of 387,000 in the same period a year ago. (A drop of 13%) The decline came despite deep discounts, zero financing and other incentives. Analysts polled by FactSet expected much higher deliveries of 408,000.

On Sunday, BYD announced a new model to take on Tesla. Its Qin L model has a starting price in China of 119,800 yuan, while a basic version of Tesla's Model 3 is priced at 235,500 yuan.

Istanbul’s popular mayor, Ekrem Imamoglu, was taken into custody earlier this week, rattling markets. The lira, Turkish stocks and debt subsequently posted some of the world’s biggest declines.

A new poll shows that 71% of Canadians support banning Tesla sales in the country, while a petition demanding the revocation of Musk's Canadian citizenship has gathered 364,000 signatures—and counting.

It’s amusing to think that a Bond Villain now owns James Bond.

It’s interesting how all the people who adored Musk as recently as 3 years ago now say they don’t recognize the guy. I know two such people personally and now I hear that Grimes is shocked, shocked, shocked by his behavior. I have never been a good judge of character but I saw Musk coming 10 years ago. Damn, how dumb can smart people be?

Norway's total car fleet most probably will be fully transitioned to electric by 2042. The duration of the conversion will have been 32 to 35 years. The incentive structures, which make up 2% of the Norwegian national budget, are not present in any other country.

Note that Putin may consider trading 6 million lives for Ukraine to be worth it. This is based on historical perspective. The trade in WWII was 25 million Russians. The maintenance of the Soviet Union cost 40 million Russian lives. For both of these trades the impact on Russia can be superficially seen as positive thus these calculations are considered reasonable. The negatives are buried in opportunity costs which are quite abstract.

@mattly In that case they can charge as much as they want, can’t they?

Clearly the CEO does not understand the job to be done for Whole Foods. The only reason to shop there is because you feel that you don’t pay enough for groceries. You hire Whole Foods to assuage your guilt.

iPhone counters will count iPhones. The question is: do iPhone counters count?

The AI industry spent $50 billion on chips from Nvidia to train AI in 2023 and brought in $3 billion in revenue.

Musk Social is priced at about $160 per MAU. Trump Social is priced at $13,000 per MAU.

Trump Social: revenue tumbled 39% year-over-year in the fourth quarter to just $751,500. Accountant questions going concern. Market cap still at 5.26b after today’s 24% drop.

Trump Social’s 494,000 US MAU compares with 75 million on Musk Social. Threads has about 5 million (data: Similarweb.)