Should Tesla Buyback Stock? + FSD Beta Release Notes, Wedbush, NHTSA (05.19.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 20 May 2022
⏱️ 14 minutes
🧾️ Download transcript
Summary
➤ One of Tesla’s largest shareholders advocates for stock buyback, should Tesla do it?
➤ FSD Beta 10.12 release notes leak
➤ Wedbush reduces TSLA price target
➤ California mayor discloses massive Supercharging site
➤ NHTSA investigates Tesla crash in a California
➤ Twitter execs discuss possible acquisition
➤ Bill Gates declines to comment on Tesla again
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
FSD 10.12 Release Notes:
• Upgraded decision making framework for unprotected left turns with better modeling of objects' response to ego's actions by adding more features that shape the go/no-go decision. This increases robustness to noisy measurements while being more sticky to decisions within a safety margin. The framework also leverages median safe regions when necessary to maneuver across large turns and accelerating harder through maneuvers when required to safely exit the intersection.
• Improved creeping for visibility using more accurate lane geometry and higher resolution occlusion detection.
• Reduced instances of attempting uncomfortable turns through better integration with object future predictions during lane selection.
• Upgraded planner to rely less on lanes to enable maneuvering smoothly out of restricted space.
• Increased safety of turns with crossing traffic by improving the architecture of the lanes neural network which greatly boosted recall and geometric accuracy of crossing lanes.
• Improved the recall and geometric accuracy of all lane predictions by adding 180k video clips to the training set.
• Reduced traffic control related false slowdowns through better integration with lane structure and improved behavior with respect to yellow lights.
• Improved the geometric accuracy of road edge and line predictions by adding a mixing/coupling layer with the generalized static obstacle network.
• Improved geometric accuracy and understanding of visibility by retraining the generalized static obstacle network with improved data from the autolabeler and by adding 30k more videos clips.
• Improved recall of motorcycles, reduced velocity error of close-by pedestrians and bicyclists, and reduced heading error of pedestrians by adding new sim and autolabeled data to the training set.
• Improved precision of the "is parked" attribute on vehicles by adding 41k clips to the training set. Solved 48% of failure cases captured by our telemetry of 10.11.
• Improved detection recall of far-away crossing objects by regenerating the dataset with improved versions of the neural networks used in the autolabeler which increased data quality.
• Improved offsetting behavior when maneuvering around cars with open doors.
• Improved angular velocity and lane-centric velocity for non-VRU objects by upgrading it into network predicted tasks.
• Improved comfort when lane changing behind vehicles with harsh deceleration by tighter integration between lead vehicles future motion estimate and planned lane change profile.
• Increased reliance on network-predicted acceleration for all moving objects, previously only longitudinally relevant objects.
• Updated nearby vehicle assets with visualization indicating when a vehicle has a door open.
• Improved system frame rate +1.8 frames per second by removing three legacy neural networks.
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey everybody Rob now we're here and today we are going to be talking about whether or |
| 0:10.8 | not Tesla should do a share buyback. |
| 0:13.0 | This has been proposed by Tesla's third largest shareholder so we'll discuss the |
| 0:15.8 | merit of that suggestion. |
| 0:16.8 | We've also got the release notes on FSD beta 10.12 and a couple of renderings of what |
| 0:21.5 | that is looking like as it now has been released to employees internally. |
| 0:25.4 | Then we've got a new Nitsa investigation, an analyst update news on supercharging and |
| 0:29.2 | a couple of their items. |
| 0:30.2 | While we can fly right through the stock today not a lot of change, Tesla down 5100% and |
| 0:35.0 | NASDAQ down 1.25% so not much action but at least a slight overperformance from Tesla. |
| 0:40.7 | Alright so today I want to start off with a question of a Tesla stock buyback. |
| 0:45.2 | This was proposed by Leo Koguan who is the third largest individual shareholder of Tesla. |
| 0:49.8 | CNBC picked up on that today and it's been a pretty hot topic of discussion so I thought |
| 0:54.3 | I would share my thoughts. |
| 0:56.1 | So first just how a share buyback functions it would be Tesla taking cash off of their |
| 0:59.7 | balance sheet and buying back stock and then removing that stock from the outstanding |
| 1:03.8 | share count. |
| 1:04.8 | So what's the point of doing that? |
| 1:06.1 | Well when you reduce the number of outstanding shares the earnings that the company makes |
| 1:10.2 | get divided between fewer shares. |
| 1:12.4 | That means each of the remaining shares is entitled to a greater proportion of those |
| 1:15.6 | earnings and that makes each share more valuable. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Rob Maurer, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Rob Maurer and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

