You see, not only do I have time to revolutionize industries like energy and transportation, but I also have time to fabricate elaborate clusters of posts on Slashdot. Here, check the date of this post almost a month ago (hint, "next Monday" = 7/2):https://slashdot.org/comments.pl?sid=12295668&cid=56867884
I even have time to reply to Anons!
Shouldn't you be on Twitter or something
Obviously, based on your own logic, I have time to post anywhere and everywhere at once!
It really is an amazing car. . . I feel like a requirement to short the stock is one of the following:
1) You have never test driven a Model 3
2) You are a shill for some competing industry/company
Yes, I am sure there is some kind of "rational" intrinsic valuation argument out there for shorting the stock, but, at the end of the day, Tesla makes cash from selling cars, not stock. . . and their latest car is amazing. They will sell as many as they can make at the current price point. If they manage to get the price down (which tends to happen at high volume), no army of Montana Skeptic shills will be able to save the oil industry from having to write-off huge portions of their fixed assets. . . Buckle-up and get ready for a crazy ride. . .
The thing is, there are estimates that the difference in moving parts are 20 vs 10,000!!! Perhaps once EVs take over, all cars will be assembled in tents?
For those of you debating whether to order now and splurge on the long range model, waiting for the 35K model likely means you will not get the full tax credit. The impact of this may be more than you think. Not only do you get to take the tax credit for this year when you buy now, but if you wait until the tax credit expires to sell your (now used) car, the resale value should increase by close to the tax credit amount. So it really does make sense to buy now (35K + 15K = long range Model 3 now).
Of course, now that they are opening orders to everyone. . . you probably want to closely look into the probability of getting your car in time to take advantage of the full tax credit. . .
Ramping up production and selling at a loss (negative gross margin) isn't exactly a recipe for corporate longevity....
Actually, this IS exactly the recipe for corporate longevity. . . Gross Margin ((Revenue - COGS) / Revenue) includes fixed costs in its calculation so the primary
goal is to improve that number by increasing production volume. There is a common confusion between US GAAP COGS (which includes fixed costs) and the Economics concept of variable costs.
I agree, if their variable costs were greater than the revenue per unit, then they should stop producing immediately (actually, Economics likes to use a concept of "marginal costs" to predict economic behavior because people make decisions based on changes to "opportunity costs", but lets stick to the basics for now. ..).
Anyway, besides the negative hype motivated by huge short positions, this is business as usual.
That seems like a long time in blockchain time. . . Isn't proof of space supposed to take over at some point, in which case the demand for computational and power resources in this space will be dramatically decreased?
Then again, it is mid April, 2018 and I still cannot buy web storage hosted on file coin's network. . .
These "challenges" seem to cancel each other out:
1) Solar provides cheap electricity, but only during the day.
2) EV's represent a huge shift of energy usage to electricity.
Solution: Ensure electricity prices reflect the cost of supply at any given time of day. Solar will drive down costs during the day so people will want to charge then (when it is cheap to do so).
But can the grid handle all these chargers? No problem. If you are making that many EVs to cause issues with the grid, battery costs should reach the point where each charger could just have a large battery (probably re-used from ones once used in EVs) that is slowly being charged at all times in order to not stress the grid.
In isolation, each problem seems hard, but together they seem not that big of a deal.
Couple of things:
- If just having your "real name" online means your identify will get stolen then nobody should use Linkedin, right (or better yet, whitepages.com)?
- If someone values their Internet freedoms enough to risk identity theft, that does not make them suckers or vermin. That makes them true patriots. ..
- Your "warning" seems more like a threat? Are you a paid astro-turfer or simply a coward who is trying to reduce their coward guilt?
Why does he even bother? Anyone with any remote interest in the subject knows he is nothing more than a paid Verizon shill with an 8 year-old's buzz cut who has no place being the head of the FCC. ..
Why does he attempt to argue any kind of point online? He is selling out the future of the U.S. for pennies on the dollar and should go to prison for it. He might as well post "FU, bitche$, im gonna get PAID!" every morning when he wakes up, 'cause that is what we imagine he is thinking every time we see his pompous mouth-breather face. . .
Unlike the knee jerk reaction to post "what about nuclear power" to any article that even hints at the word "energy" due to one's own fanboy perception?
Not telling anyone to stop. . . just calling it what it is. . .
I had some discussion points I was going to post (including this reference), and then I came across this wiki entry.
Can anyone confirm or deny if this "Paul Nelson" is the same "young earth creationist" described in the above wiki entry or is he an actual scientist with a very unfortunate name?
Now Amazon Robotics, was founded by former Webvan employees. Webvan failed because it could not get food to customers before it rotted. The plan was to build miles and miles of conveyor belts. The founders of Kiva Systems learned from those mistakes and built a better way.
Amazon's move to buy Whole Foods means the technology is now mature enough to lay waste to established grocery market players. Think this is an exaggeration? Make sure you check out some Kiva robots in action before coming to that conclusion.
Of course people will still own cars, just like people own multiple houses that spend most of their time empty. However, most people wont own their own car when it means paying 20x to get around since owning your own car means it will not be used 95% of the time.
The thing to keep in mind is, currently, using your car as a mobile storage unit vs purely for transportation has no cost differential. However, if the mobile storage unit suddenly costs you 20x more than the pure transportation option, most people probably will find cheaper alternatives (like keeping your clubs at a locker at the course or something).
Slashdot Mirror
Tesla doesn't make cash from selling cars
OMG. . . you mean I did not have to pay for my Tesla!?
You see, not only do I have time to revolutionize industries like energy and transportation, but I also have time to fabricate elaborate clusters of posts on Slashdot. Here, check the date of this post almost a month ago (hint, "next Monday" = 7/2):https://slashdot.org/comments.pl?sid=12295668&cid=56867884
I even have time to reply to Anons!
Shouldn't you be on Twitter or something
Obviously, based on your own logic, I have time to post anywhere and everywhere at once!
It really is an amazing car. . . I feel like a requirement to short the stock is one of the following:
1) You have never test driven a Model 3
2) You are a shill for some competing industry/company
Yes, I am sure there is some kind of "rational" intrinsic valuation argument out there for shorting the stock, but, at the end of the day, Tesla makes cash from selling cars, not stock. . . and their latest car is amazing. They will sell as many as they can make at the current price point. If they manage to get the price down (which tends to happen at high volume), no army of Montana Skeptic shills will be able to save the oil industry from having to write-off huge portions of their fixed assets. . . Buckle-up and get ready for a crazy ride. . .
Thanks, I enjoyed your post. You hit many good points, but I am compelled to add one more: purchase experience. . .
I do not think I will ever be able to get near a car dealership again after experiencing how buying a car should be. . .
I guess there is a first for everything. . . "I can’t say for sure, but I would guess it’s currently the only vehicle assembly for a high volume car going on under a tent right now,"
The thing is, there are estimates that the difference in moving parts are 20 vs 10,000!!! Perhaps once EVs take over, all cars will be assembled in tents?
For those of you debating whether to order now and splurge on the long range model, waiting for the 35K model likely means you will not get the full tax credit. The impact of this may be more than you think. Not only do you get to take the tax credit for this year when you buy now, but if you wait until the tax credit expires to sell your (now used) car, the resale value should increase by close to the tax credit amount. So it really does make sense to buy now (35K + 15K = long range Model 3 now).
Of course, now that they are opening orders to everyone. . . you probably want to closely look into the probability of getting your car in time to take advantage of the full tax credit. . .
and then there is Kim Jong Un to worry about . . .
The network is the computer.
- John Burdette Gage (1996)
Ramping up production and selling at a loss (negative gross margin) isn't exactly a recipe for corporate longevity....
Actually, this IS exactly the recipe for corporate longevity. . . Gross Margin ((Revenue - COGS) / Revenue) includes fixed costs in its calculation so the primary goal is to improve that number by increasing production volume. There is a common confusion between US GAAP COGS (which includes fixed costs) and the Economics concept of variable costs.
.).
I agree, if their variable costs were greater than the revenue per unit, then they should stop producing immediately (actually, Economics likes to use a concept of "marginal costs" to predict economic behavior because people make decisions based on changes to "opportunity costs", but lets stick to the basics for now. .
Anyway, besides the negative hype motivated by huge short positions, this is business as usual.
That seems like a long time in blockchain time. . . Isn't proof of space supposed to take over at some point, in which case the demand for computational and power resources in this space will be dramatically decreased?
Then again, it is mid April, 2018 and I still cannot buy web storage hosted on file coin's network. . .
More reason to switch to Proof of space. Then SETI will be able to buy a bunch of used GPUs on the cheap. . .
>...except Amazon has had little competition.
Any competitor list that includes "Walmart" is not "little competition."
These "challenges" seem to cancel each other out: 1) Solar provides cheap electricity, but only during the day. 2) EV's represent a huge shift of energy usage to electricity.
Solution: Ensure electricity prices reflect the cost of supply at any given time of day. Solar will drive down costs during the day so people will want to charge then (when it is cheap to do so).
But can the grid handle all these chargers? No problem. If you are making that many EVs to cause issues with the grid, battery costs should reach the point where each charger could just have a large battery (probably re-used from ones once used in EVs) that is slowly being charged at all times in order to not stress the grid.
In isolation, each problem seems hard, but together they seem not that big of a deal.
Couple of things: .
- If just having your "real name" online means your identify will get stolen then nobody should use Linkedin, right (or better yet, whitepages.com)?
- If someone values their Internet freedoms enough to risk identity theft, that does not make them suckers or vermin. That makes them true patriots. .
- Your "warning" seems more like a threat? Are you a paid astro-turfer or simply a coward who is trying to reduce their coward guilt?
In the comments section of his FCC blog post about giving thanks.
Let Ajit Pai know how "thankful" you are in the comments section of his FCC Blog post.
Hopefully they bring this to the U.S. so that this guy's family can benefit from it!
The summary seems to spend a lot of time lamenting and whining when there appears to be a straightforward solution: proof of space
Filecoin appears to be taking this route. So if you care about this issue, use something like Filecoin instead of something like Bitcoin.
Why does he even bother? Anyone with any remote interest in the subject knows he is nothing more than a paid Verizon shill with an 8 year-old's buzz cut who has no place being the head of the FCC. . .
Why does he attempt to argue any kind of point online? He is selling out the future of the U.S. for pennies on the dollar and should go to prison for it. He might as well post "FU, bitche$, im gonna get PAID!" every morning when he wakes up, 'cause that is what we imagine he is thinking every time we see his pompous mouth-breather face. . .
I am sure this count would be much higher if you included car related deaths. . .
Knee jerk reaction based on political perceptions
Unlike the knee jerk reaction to post "what about nuclear power" to any article that even hints at the word "energy" due to one's own fanboy perception?
Not telling anyone to stop. . . just calling it what it is. . .
I had some discussion points I was going to post (including this reference), and then I came across this wiki entry.
Can anyone confirm or deny if this "Paul Nelson" is the same "young earth creationist" described in the above wiki entry or is he an actual scientist with a very unfortunate name?
Create AI Scientist AI.
Now Amazon Robotics, was founded by former Webvan employees. Webvan failed because it could not get food to customers before it rotted. The plan was to build miles and miles of conveyor belts. The founders of Kiva Systems learned from those mistakes and built a better way.
Amazon's move to buy Whole Foods means the technology is now mature enough to lay waste to established grocery market players. Think this is an exaggeration? Make sure you check out some Kiva robots in action before coming to that conclusion.
Of course people will still own cars, just like people own multiple houses that spend most of their time empty. However, most people wont own their own car when it means paying 20x to get around since owning your own car means it will not be used 95% of the time.
The thing to keep in mind is, currently, using your car as a mobile storage unit vs purely for transportation has no cost differential. However, if the mobile storage unit suddenly costs you 20x more than the pure transportation option, most people probably will find cheaper alternatives (like keeping your clubs at a locker at the course or something).