alt Hacker NewsThis Tesla event was apparently performed in front of a live audience. Yes I'm sure there's a hype strategy here but equating this with the Nikola scam is a stretch.
Also Tesla events rarely (if ever) get followed by a durable stock bump.
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Edit: Credible independent videos have been released on YouTube by reputable people. There's no doubt that the spectacle did happen as shown by Tesla. That's not to say it's anything more than a carefully staged spectacle, but claims that it's fake or AI or CGI are absolutely debunked.
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This is the same company that showed off "bulletproof glass" on the cybertruck.
Not to disagree that this Tesla event took place, but there was also a "Nikola World" event in 2019 where Nikola presented its product to an audience of 1000+ people.
It's surely not AI, but so far it is little more than all these Jetpack demonstrations of the past decade...
They're not afraid of doing tricks in front of live audience either. Look at the battery swap event. No camera placed anywhere near where the "swap" was happening for a few minutes. Then the car drove off Wow! Amazing! And they never talked about battery swap again
All car manufacturers demo "concept" cars that are real and work(for most parts) but mass production with reasonable price is just not worth it, in this case there is legal challenges too.
zOMG!1!!! Proof of concept demonstration was carefully staged.
Sure. But do we have any confidence the "car" wasn't made of styrofoam?
There are lots of ways for sleight of hand. Do you remember the time that guy made the Statue of Liberty disappear?