You just don't understand the concept of capital costs being amortized over the lifetime of the manufacturing line, do you?
Do you run a business where you constantly run into chicken-and-egg problems? The manufacturing line has to exist before you can build the cars, and the profit from selling those cars pays back the cost of building the manufacturing line. At the beginning of the product life cycle, you will have negative cash flow. If you've done your pricing and product planning properly, there will be a crossover point when you stop building manufacturing lines and instead just sell the stuff you make from them. At that point, your capital spend goes down, but your margins stay the same, and magically you go cash flow positive.
This isn't a hard concept, but it's one that continually eludes you, somehow.
So the GM service and app is able to be trivially man-in-the-middle'd and that's somehow better?
They haven't figured out signed certificates from a trusted root yet, which is literally 20 year old security tech that is used absolutely everywhere for everything and I'm supposed to feel better about that?
Google has both the Hyundai Ioniq and the Kia Soul EV at 124 and 110 miles of range, or less than half of the not-yet-existing standard range Model 3, and a little over a third of the shipping for 6-months Model 3 long range.
Yeah, Hyundai has also "announced" the Kona EV with a 250 mile range, but there's exactly as many of those on the road as Model 3 standard range: zero.
So how is around 50% "similar" ? Or is it that they are similarly not available anywhere except a web site?
If you buy shares of something, you're "long" on it. Shorting involves borrowing shares someone else bought, selling them, and then buying them back at a lower price to give back to the lender once the "loan" is due.
Also, spend 5 seconds on wikipedia / google before commenting on something you clearly know nothing about.
I don't understand the logic of "OMG hurry up and make a car that has less margin on it, while I'm constantly bleating about thin margins and profitability!"
Baking analogy (as we're talking about cars, and car analogies about cars don't really work):
I can make a plain cake donut and charge a price that gives me a 15% markup over materials and labor and sell 100% of what I can possibly bake per unit time, or I can make a fancy custard-filled donut that gives me a 30% markup over materials and labor and still sell 100% of what I can possibly bake per unit time.
Then you haven't used AWS in a really long time, or you never set up a VPC when you did.
S3 bucket policies default to non-public. You have to either use an IAM role that allows access, or have a bucket policy attached that allows access; or you can check a box that is very much not default to make it a public bucket.
If you are using a VPC (which any organization should be) then resources created in the VPC default to having no security groups attached, which means there is no access to anything allowed at all. You have to create security groups that whitelist CIDR / port combinations, and then attach them to the resources. If you want it to be wide open, you would have to actually get an elastic IP, attach it to the instance, create a security group allowing traffic from 0.0.0.0/0 on ports 0-65535, and then attach that security group to the instance.
None of that happens by default, if using a VPC.
If you are using EC2-Classic (which really nobody should be unless you are looking to make a single public-available VM for playing around) then yes, it will be far more open. No organization of any size worth talking about would do this, and they would definitely not use EC2-classic under the direction from anyone working at AWS.
Don't lie about shit you don't know anything about.
Are you sure? Many people when looking for an "unlocked" phone are looking for carrier unlocked, so they don't get the high hard one should they dare leave the United States.
With a carrier-locked AT&T phone, you get the option of paying $17/day for their "international pass" screw-job when outside the US. With an unlocked phone, in a lot of countries you can buy a local SIM for that one-day cost and have two+ weeks, and be able to top up any time you wish. And it's not like changing out the SIM is hard.
I think I seriously paid $10 for 5GB of LTE data service as well as unlimited access to the carrier's multi-hundred-megabit WiFi when I was in Thailand last year, because I was traveling with an unlocked phone.
Sure, it's not perfect, but you can severely limit "who is listening" based on proper HTTPS. Use signed certificates, require them to be valid, and use HTTPS end-to-end, everywhere.
Just because their position happens to be right, doesn't mean they actually are right. Remember that they are coming to this position because THEY are not the single-source bidder. If they were the ones on the contract, they would be fighting with everything they have to keep it single-source, because the lock-in they decry in this case is their business model in every other case.
Fuck Oracle. Someone else getting this contract actually IS competition for them, and might force them to learn how to actually compete based on merit, rather than having managers and procurement departments in their pocket.
If you are just recovering from the.com burst, you are a bad investor. The stock market has doubled or more since 2000. You could have recovered with nothing but blue chip investments.
It's not too sudden, as the company (and Mr. Musk) have been saying so for months. In official (but disclaimered) "forward looking" statements. A paraphrased quote: absent a major global economic event, such as a devastating earthquake or tsunami, or global recession; we will be cash-flow positive in Q3.
That was said in the analyst call. By both Musk and the CFO.
If you are so sure of your analysis, short the shit out of it. They'll miss their profitability estimate of Q3, and you'll be the genius that got rich in calling their bullshit.
Oh, not willing to bet the house on it now? Wavering in your certainty? Wondering why JP Morgan, Goldman, and every other investment bank isn't coming up with the same analysis as you now and crowing about how it's impossible to be profitable in Q3?
You know they were asking about the actual day of the crossover point into cash flow positive in Q3 during the investor call, right? Not "are you sure that's going to happen" but "when" ?
You should probably re-evaluate your math, and figure out that maybe these guys are better with the numbers than you.
You just described a felony. He might be rash and all that, but I doubt he's that stupid, and I seriously doubt that Tesla's lawyers would double down on it with a press release to bail him out.
Slashdot Mirror
I'll bet Henry Ford and the Dodge Brothers really wept some tears for buggy whip manufacturers.
Did anyone actually think that Zuckerberg gave two flying shits about publishers to begin with? Why would they be shocked to learn he doesn't?
Spoiler alert - your phone already does this.
You just don't understand the concept of capital costs being amortized over the lifetime of the manufacturing line, do you?
Do you run a business where you constantly run into chicken-and-egg problems? The manufacturing line has to exist before you can build the cars, and the profit from selling those cars pays back the cost of building the manufacturing line. At the beginning of the product life cycle, you will have negative cash flow. If you've done your pricing and product planning properly, there will be a crossover point when you stop building manufacturing lines and instead just sell the stuff you make from them. At that point, your capital spend goes down, but your margins stay the same, and magically you go cash flow positive.
This isn't a hard concept, but it's one that continually eludes you, somehow.
You really have no idea what you are talking about.
So the GM service and app is able to be trivially man-in-the-middle'd and that's somehow better?
They haven't figured out signed certificates from a trusted root yet, which is literally 20 year old security tech that is used absolutely everywhere for everything and I'm supposed to feel better about that?
Thanks, but no thanks.
Only a fool would think "we're a huge entrenched player so we clearly know everything there is to know about $TOPIC"
Where are Nokia and Blackberry today? How is Sears doing? Enjoying that IBM-manufactured PC you posted this on?
Everyone started somewhere, including Toyota and Volkswagen AG.
Really.
Google has both the Hyundai Ioniq and the Kia Soul EV at 124 and 110 miles of range, or less than half of the not-yet-existing standard range Model 3, and a little over a third of the shipping for 6-months Model 3 long range.
Yeah, Hyundai has also "announced" the Kona EV with a 250 mile range, but there's exactly as many of those on the road as Model 3 standard range: zero.
So how is around 50% "similar" ? Or is it that they are similarly not available anywhere except a web site?
If you buy shares of something, you're "long" on it. Shorting involves borrowing shares someone else bought, selling them, and then buying them back at a lower price to give back to the lender once the "loan" is due.
Also, spend 5 seconds on wikipedia / google before commenting on something you clearly know nothing about.
Yeah. Why don't they just wish for billion-dollar assembly lines to sprout from the ground like weeds and use those?
How come Slashdot's unending capacity for stupidity increases year after year?
I don't understand the logic of "OMG hurry up and make a car that has less margin on it, while I'm constantly bleating about thin margins and profitability!"
Baking analogy (as we're talking about cars, and car analogies about cars don't really work):
I can make a plain cake donut and charge a price that gives me a 15% markup over materials and labor and sell 100% of what I can possibly bake per unit time, or I can make a fancy custard-filled donut that gives me a 30% markup over materials and labor and still sell 100% of what I can possibly bake per unit time.
Hmm, which one I'm going to opt for?
Please stop contradicting yourself.
To be fair, he promises all kinds of shit that happens after many delays from his initial promise.
The shit does actually happen, eventually; just nowhere near the time table he pulls out of his ass when he promises it.
Then you haven't used AWS in a really long time, or you never set up a VPC when you did.
S3 bucket policies default to non-public. You have to either use an IAM role that allows access, or have a bucket policy attached that allows access; or you can check a box that is very much not default to make it a public bucket.
If you are using a VPC (which any organization should be) then resources created in the VPC default to having no security groups attached, which means there is no access to anything allowed at all. You have to create security groups that whitelist CIDR / port combinations, and then attach them to the resources. If you want it to be wide open, you would have to actually get an elastic IP, attach it to the instance, create a security group allowing traffic from 0.0.0.0/0 on ports 0-65535, and then attach that security group to the instance.
None of that happens by default, if using a VPC.
If you are using EC2-Classic (which really nobody should be unless you are looking to make a single public-available VM for playing around) then yes, it will be far more open. No organization of any size worth talking about would do this, and they would definitely not use EC2-classic under the direction from anyone working at AWS.
Don't lie about shit you don't know anything about.
You misremember - their excuse was for water resistance. Which is still horseshit.
You know that FaceID requires the camera system in the iPhone X in order to work? And it's custom silicon for image processing?
How is that not hardware features?
so don't buy it?
You know there are different market segments, right? And each device doesn't necessarily cater to all of them at once?
The iPhone X isn't for you. But that doesn't mean it isn't for everybody, as they're selling millions of them.
Are you sure? Many people when looking for an "unlocked" phone are looking for carrier unlocked, so they don't get the high hard one should they dare leave the United States.
With a carrier-locked AT&T phone, you get the option of paying $17/day for their "international pass" screw-job when outside the US. With an unlocked phone, in a lot of countries you can buy a local SIM for that one-day cost and have two+ weeks, and be able to top up any time you wish. And it's not like changing out the SIM is hard.
I think I seriously paid $10 for 5GB of LTE data service as well as unlimited access to the carrier's multi-hundred-megabit WiFi when I was in Thailand last year, because I was traveling with an unlocked phone.
It's a total racket.
Are there well known attacks on AES?
Sure, it's not perfect, but you can severely limit "who is listening" based on proper HTTPS. Use signed certificates, require them to be valid, and use HTTPS end-to-end, everywhere.
Yeah, because lying to Congress is a fantastic plan, and they would totally do that to... what end?
Posting the source code isn't going to happen. They would let government auditors in under NDA long before that happened. Get real.
Just because their position happens to be right, doesn't mean they actually are right. Remember that they are coming to this position because THEY are not the single-source bidder. If they were the ones on the contract, they would be fighting with everything they have to keep it single-source, because the lock-in they decry in this case is their business model in every other case.
Fuck Oracle. Someone else getting this contract actually IS competition for them, and might force them to learn how to actually compete based on merit, rather than having managers and procurement departments in their pocket.
If you are just recovering from the .com burst, you are a bad investor. The stock market has doubled or more since 2000. You could have recovered with nothing but blue chip investments.
They go private so they don't have to deal with Wall Steet bullshit, and they can just run their company and make products.
Wall Steet never-look-ahead-more-than-3-months attitude is fucking horrible and ruins businesses that have farther outlooks. Fuck em.
It's not too sudden, as the company (and Mr. Musk) have been saying so for months. In official (but disclaimered) "forward looking" statements. A paraphrased quote: absent a major global economic event, such as a devastating earthquake or tsunami, or global recession; we will be cash-flow positive in Q3.
That was said in the analyst call. By both Musk and the CFO.
If you are so sure of your analysis, short the shit out of it. They'll miss their profitability estimate of Q3, and you'll be the genius that got rich in calling their bullshit.
Oh, not willing to bet the house on it now? Wavering in your certainty? Wondering why JP Morgan, Goldman, and every other investment bank isn't coming up with the same analysis as you now and crowing about how it's impossible to be profitable in Q3?
You know they were asking about the actual day of the crossover point into cash flow positive in Q3 during the investor call, right? Not "are you sure that's going to happen" but "when" ?
You should probably re-evaluate your math, and figure out that maybe these guys are better with the numbers than you.
You just described a felony. He might be rash and all that, but I doubt he's that stupid, and I seriously doubt that Tesla's lawyers would double down on it with a press release to bail him out.
Please tell that to the institutional investors that have billions in TSLA, and highly paid analysts that watch the issue daily.
But I'm sure highly successful hedge fund managers like you post to Slashdot regularly, right?