danhak

Bias !== false or distorted news.

Selective reporting or withholding of information is a form of bias.

> The conclusion: climate has already increased the risk of armed conflict, but the effect is small relative to the effects of other factors such as unexpected economic events and scarcity of natural resources such as food.

The risk posed by climate change is that it will majorly disrupt economies and access to food and water. (Think widespread drought and famine). I find it strange that these experts draw a distinction between these factors.

I can imagine at least two hugely positive outcomes from the rise of robots and automation:

1) Human labor will no longer dominate COGS--global shipping and logistics will. There will therefore be a massive onshoring of manufacturing back to the developed world. As a result, we will stop subsidizing human rights abuses and substandard living conditions around the globe.

2) In developed countries, this massive onshoring of automated production will make it clear that low-skill, high-paying factory jobs are forever a thing of the past. Simultaneously, xenophobia--"they took our jobs"--may cease to be an effective political tool. Perhaps this will trigger an honest discussion around UBI and revamped social safety nets.

This article is about autobiographical memory / recall, not autobiography as a genre of literature.

Scale is everything.

Presumably those assets would belong to the company’s creditors.

How recent is your experience? I’ve owned a Model 3 for over a year and the pace at which autopilot has been improving is staggering.

Steinbeck believed as much:

"I guess the trouble was that we didn't have any self-admitted proletarians. Everyone was a temporarily embarrassed capitalist."

often misquoted as "Socialism never took root in America because the poor see themselves not as an exploited proletariat, but as temporarily embarrassed millionaires."

They have a fleet of hundreds of thousands of cars driving real-world miles all over the developed world.

> I don't understand why would you decide to purchase tesla over other electric cars if it was not for autopilot.

Supercharger network? Safety? Performance? Cargo Space?

This isn’t a recent thing. I’m no expert in this field but my understanding is that most of the old masters had a “studio” full of assistants and apprentices who were largely responsible for the work attributed to the artist.

Most likely because Grindr is primarily used for casual / anonymous same-sex encounters. Its users may be more susceptible to blackmail / extortion.

There are many users of the app who are not open about their lifestyle (“DL”)

So...about 1.5 weeks of production at current levels? https://www.bloomberg.com/graphics/2018-tesla-tracker

...and significantly less than that when subtracting display models, test drive and loaner fleet.

The 8,500 figure doesn't seem alarming to me. Can anyone shed light on why OP is spiking the football as if he's uncovered some huge scandal?

It really puts this tweet from POTUS last month in a crazy new context:

"So sorry to hear the news about Jeff Bozo being taken down by a competitor whose reporting, I understand, is far more accurate than the reporting in his lobbyist newspaper, the Amazon Washington Post. Hopefully the paper will soon be placed in better & more responsible hands!"

https://twitter.com/realdonaldtrump/status/10846274519830732...

Strange times we're living in.

He seems pretty well-known within the company.

First joined Tesla 9 years ago, Wharton undergrad, Harvard MBA.

He’s obviously qualified, what’s with all the ageist comments? 34 years old is a “kid” now? On HN of all places?

Who cares if he’s a “relative unknown” according to WSJ. Is notoriety an important qualification for CFO?

Not only has it not been an issue...Tesla's share of plug-in sales has been increasing dramatically year over year.

Cadillac ELR, BMW i3, Chevy Volt, Chevy Bolt were all billed and hyped as "Tesla Killers" upon launch.

https://insideevs.com/monthly-plug-in-sales-scorecard/

To date, no other manufacture has announced any plans to procure enough battery supply to produce cars in comparable volume to Tesla.

What sort of transition, exactly? Their core business is intact and they're strongly positioned in AI and autonomous driving.

It seems like you're blaming management for the fact that the stock market mispriced the long-term value of crypto mining.

Electricity is pretty ubiquitous, not sure why this is a concern?

Companies can be valued based on expectations of future cashflows.

Bitcoin can be valued based on... ???

At this stage, no automaker will be able to seriously compete with Tesla without securing 50+ GWh / yr. in battery supply. Tesla’s lead in building such capacity is 3.5 years and counting.

Bidding for for LG’s scraps is not a viable strategy.

VW group has been leading the world in electric vehicle press releases while Tesla has secured control of half the world’s lithium ion battery supply and crushed every “Tesla killer” — Bolt, Volt, Leaf, i3, ELR - and is pulling away from the pack at an ACCELERATING pace.

Time to put up or shut up.

It would take a pretty unusual asset allocation to result in the numbers you just threw out there.

Most wealthy people borrow significantly even if they have high net worth (think mortgage on multi-million dollar home or investment property). Inflation helps them while they put their assets to work elsewhere. And it helps them far more than it helps some poor person with a few thousand in credit card debt.

It's almost as if scaling an operation > 100% YOY poses different challenges than continuing to run a stable and mature enterprise.

All-electric drivetrains, $5000 software-enabled options, over-the-air service, vertical integration and direct sales are v rare in the auto industry too. Reasoning-by-analogy does not always hold up when comparing tech newcomers to incumbent players.

It will come as soon as the company exhausts demand for the higher-ASP variants. In what world does it make business sense for a production-constrained company to prioritize its least expensive products?

Close to $14.5B now:

https://www.nasdaq.com/symbol/tsla/short-interest

The market cap is well off its highs, which is healthy given the slower-than-expected ramp. But the ramp is happening, and overly-aggressive targets notwithstanding, what we're seeing unfold right now is objectively impressive. The company will do just fine.

For some perspective, the Model 3 is already outselling the Chevy Bolt by a factor of > 5x, and has already set the record for greatest monthly deliveries EVER for a plug-in car in the U.S.

https://insideevs.com/monthly-plug-in-sales-scorecard/

As someone who has lost 20 pounds since the new year, I can say with near 100% confidence that it would not have happened for me without obsessive calorie tracking. Can't recommend MyFitnessPal enough.

> The degree of volatility has nothing to do with whether it's an investment or not

You’re right, and that wasn’t my assertion. My assertion was that it makes it an absurdly poor “store of value.”