danhak

1) Plenty of people complain about progressive taxation and advocate for a flat tax.

2) Progressive tax is not arbitrary. As income increases, a higher % of spending is discretionary. Nearly all of the working class’ income goes to basic necessities. That is part of the rationale.

Why can’t I choose not to pay for a war that I don’t want? A highway I won’t use or a school I won’t send my children to?

That is exactly the point. The tax code privileges sources of income that prevail among those who already possess wealth. That is the definition of regressive.

I understood the context. What usually happens is students purchase books that are assigned for everyone taking a particular class, then use the library to borrow specific books to complete research papers, criticism etc. on their chosen topics.

> Undergraduates rarely needed to access the physical books

Spoken like someone who never took a humanities course.

Yes thank you that’s what I’m talking about.

It’s another direct shot at Snapchat.

They’ve already tried the “close friends” feature with Instagram stories. Anecdotally, hardly anyone is using it.

No, I mean two companies that are notorious for vigorously defending their proprietary walled gardens.

Tell that to Facebook and Apple.

While accurate, your post only serves to underscore Tesla’s strategic advantage here.

There are currently 474 supercharger stations in Europe vs. 150 for Ionity: https://supercharge.info/charts

The link you provided refers only to the LG supply deal exclusively for Model 3 / China.

Tesla owns the largest battery production facility on the planet (Gigafactory 1 in Sparks NV) which supplies battery in partnership with Panasonic.

No one can “easily compete” with Tesla until they’ve secured 50GWh+ scale battery production and built out a global high-speed charging network that approaches the supercharger network’s coverage.

That annualized delivery growth figure does not take into account that the Fremont factory is pegged, they have another factory coming online this quarter, and have 4 unreleased vehicles in the pipeline—-more than doubling their lineup—-one of which (Model Y crossover) is in the hottest segment.

Good thing they have another factory coming online this quarter :-)

Which forecasters? Morgan Stanley put out a note just this morning predicting 91,000 deliveries:

https://www.zerohedge.com/technology/morgan-stanley-predicts...

One of the most prominent TSLA shorts was predicting 82,000:

https://mobile.twitter.com/markbspiegel/status/1167484390366...

Full-year guidance is 360,000 - 400,000. They should have no problem hitting the lower end at this point.

Have you never found yourself alone in a car waiting for someone / something?

Imagine being this eager to shit on someone else’s pleasure.

Specifically, the prohibition is against doing “work.” And the rabbinical interpretation around electronics is that pressing a button constitutes completing or “building” a circuit i.e. “work.”

Totally false on both counts.

1) Tesla's GAAP gross margin was (positive) 14.5% for the most recent quarter [https://ir.tesla.com/static-files/1e70a30c-20a7-48b3-a1f6-69...]

2) Breaking out GAAP and non-GAAP figures is totally standard and commonplace among publicly traded companies. Take a look at Ford's Q2 letter, for example, which has a whole page describing why they use Non-GAAP financial measures to supplement GAAP figures [https://s22.q4cdn.com/857684434/files/doc_financials/2019/q2...]

Totally false on both counts.

1) Tesla's GAAP gross margin was 14.5% for the most recent quarter [https://ir.tesla.com/static-files/1e70a30c-20a7-48b3-a1f6-69...]

2) Breaking out GAAP and non-GAAP figures is totally standard and commonplace among publicly traded companies. Take a look at Ford's Q2 letter, for example, which includes a whole page describing how and why they use Non-GAAP financial measures to supplement GAAP figures [https://s22.q4cdn.com/857684434/files/doc_financials/2019/q2...]

The typical internal combustion engine is only ~30% efficient, getting only ~10 kWh of energy out of that gallon.

Nah, a house is an asset. A depreciating asset but an asset nonetheless.

Depreciating asset !== liability.

> The physical act of turning a wheel isn't the hard part of driving. Paying attention is.

As an avid user of Tesla Autopilot I'll disagree with this. On a long road trip, monitoring my surroundings and making sure everything is generally ok is far less fatiguing than making constant microadjustments to steering, speed and following distance.

Even while paying close attention to the ride, long trips (especially in stop-and-go traffic) become significantly less stressful and exhausting.

Thanks for clarifying that's a fair point.

> politicians should never ever insert themselves into engineering! Never. Ever.

So Manhattan Project and Apollo program were mistakes, in your opinion?

Global deliveries were up 50% in Q2 vs Q1.

so...pretty stable since Q1 which is when Model 3 deliveries began there.

Can you provide a source for falling Germany sales?

> The experience of sitting in a $70k+ Tesla is below that of a Honda Civic.

As someone who has owned two Honda Civics and now owns a Model 3 you are laughably off the mark here.

> Tesla is pretty much done the day BMW and MB and Audi get the hang of the electric thing.

"Netflix is pretty much done the day Blockbuster gets the hang of the online thing."

"Apple is pretty much done the day Nokia gets the hang of the smartphone thing."

It's astounding to me how a community of technologists and entrepreneurs still can't grasp the innovator's dilemma at play here. Tesla's lead is accelerating every year as a new Tesla killer has been perpetually "around the corner." Cadillac ELR, BMW i3, Chevy Bolt, Chevy Volt, Audi E-Tron, Jaguar I-Pace were all supposed to eat Tesla's lunch. Just look at the sales numbers. Not even close.

Seriously...85 units. A cancellation of a $5.5 million contract would not warrant articles on Reuters and Bloomberg were it any other company.

Looks like the cash situation is finally under control.

They generated over $600 million in FCF in Q2. Compare this to only $200 million by Ford over the same period, also announced today: https://s22.q4cdn.com/857684434/files/doc_financials/2019/q2...