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Tech Won't Save Us

The Tesla Crash is Only Beginning w/ Edward Niedermeyer

Tech Won't Save Us

Paris Marx

Silicon Valley, Books, Technology, Arts, Future, Tech Criticism, Socialism, Paris Marx, News, Criticism, Tech News, Politics

4.8626 Ratings

🗓️ 9 February 2023

⏱️ 70 minutes

🧾️ Download transcript

Summary

Paris Marx is joined by Edward Niedermeyer to discuss the rollercoaster ride of Tesla’s share price, the escalating regulatory and legal scrutiny the company faces, and the challenges it faces in the electric car market. Edward Niedermeyer is the author of Ludicrous: The Unvarnished Story of Tesla Motors and a co-host of The Autonocast. You can follow Edward on Twitter at @Tweetermeyer or on Mastodon at @[email protected]. Tech Won’t Save Us offers a critical perspective on tech, its ...

Transcript

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0:00.0

The picture that's more and more clear is that, you know, the autopilot full self-driving piece of this has been fundamentally kind of a criminal enterprise from day one.

0:07.9

We don't even have a regulatory system around this stuff.

0:10.0

We have a framework, which is this SAE level system, and they've been breaking it by telling people the car self-driving, but telling regulators, oh, no, it's level-2 driver assistance.

0:34.4

Yeah. 2 driver assistance. Hello and welcome to Tech Won't Save Us.

0:36.2

I'm your host, Paris Marks.

0:40.5

And this week, I have a returning guest, Edward Niedermeyer.

0:46.5

Ed is the author of Ludacris, the Unvarnished Story of Tesla Motors, and a co-host of the AtonoCast. He was also on the show in February of 2022, about a year ago, on episode 103, if you want to go back and listen to that one, where we also

0:55.0

talk about Tesla and Elon Musk and all these other topics. Now, it won't be a surprise to

1:00.2

you to hear that Tesla has been in the news a lot lately. Its share price fell off a cliff,

1:05.4

and there have been a lot of questions about the future of the company, not just around its

1:10.3

electric vehicles, but also around many of the other promises that Elon Musk has made over the years and, you know, increasingly more recently, in order to ensure that investors stayed interested in the company and that the share price would continue to go up.

1:26.0

But there seems to be a perfect storm brewing when we

1:28.2

look at the different factors that could be affecting Tesla in the years and months to come.

1:34.0

We can look at the growing competition that Tesla is facing from other automakers who are putting

1:38.6

out their own electric vehicles. We can look at the growing scrutiny into autopilot and Tesla's full self-driving system

1:46.2

that were claimed to, you know, allow the car to drive themselves, but never actually

1:51.3

allowed that to happen. And now more regulators and the Department of Justice, the Security

1:57.0

and Exchange Commission, and not to mention a number of lawsuits, are going to be

2:02.1

scrutinizing that question in the year to come. But on top of that, public opinion has also

2:07.5

been turning on Elon Musk. And since Tesla's value, since the interest in Tesla have been so

2:12.7

tied up in him and the cult that formed around him and the general kind of positive impression that

2:19.0

the public had of him that can also have consequences for Tesla. So I was very happy to have Ed

...

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