A man named Elon Musk, who leads a car company called Tesla, says that his special computer program that helps cars drive themselves is not easy to put in older cars. He thinks it works best in new cars. Some people from other car companies have asked if they can use this program, but so far no one has made a deal with Tesla. Elon Musk also said that once the government says it's okay for his company to use the program, Tesla will make a lot of money. Read from source...

- Musk claims that FSD is not worth retrofitting on older rival cars because of too many systems needing to change. However, this argument does not justify why these systems cannot be updated or replaced without affecting the performance or safety of the car. It seems like a convenient excuse to avoid licensing the technology and retain competitive advantage.
- Musk also says that he would license FSD to other car companies if he were in their position, but this is a hypothetical statement that does not reflect the actual reality or intentions of Tesla as a company. He may say what he thinks other CEOs want to hear, but his actions and decisions speak louder than words.
- Musk emphasizes the unrealistic expectations and hype around FSD, implying that it is a game-changer and a revolution in autonomous driving. However, there is no concrete evidence or data to support these claims, and the technology is still far from being fully tested, regulated, and approved for public use. He may be creating false hopes and setting up unrealistic standards for himself and his competitors.
- Musk also downplays the potential benefits and opportunities of licensing FSD to other car companies, as he focuses on the short-term revenue and brand image of Tesla. However, licensing FSD could generate additional income, create partnerships, and foster innovation in the industry. He may be missing out on a strategic move that could benefit both Tesla and its competitors in the long run.

Bearish

Analysis:
The article discusses how Elon Musk believes that retrofitting Tesla's full self-driving software onto older rival cars is not worth it due to the number of systems that need to be changed. The fact that he says this suggests that there might be some challenges or limitations in the technology, which could be seen as a negative aspect for investors who expect flawless performance and widespread adoption of FSD by other car manufacturers. Additionally, the lack of licensing agreements with rival companies indicates that there may not be a strong demand or interest from other automakers in Tesla's FSD technology, which could also be seen as a negative factor for the company's growth prospects and competitive advantage. Furthermore, the lower FSD revenue year-on-year and the uncertainty over regulatory approval of FSD adds to the bearish sentiment of the article.