742 karma · joined July 4, 2016
They do have some rooms on the side with mock-ups of some of the ship's quarters - maybe that is what you are remembering?
- A year ago 1B USDT would have been more than 5% of it's market cap.
- A year ago 1B USDC would have been 33% of it's market cap, today it is 2.5%.
A lot of stablecoin mintage has occurred over the past year.
Tesla simply sold just enough BTC to book enough profit to meet quarterly EPS estimates.
(though that would require an increase of almost 0.5)
I am not questioning their profitability but simply pointing out that without the regulatory credits they would not be profitable. The linked earnings release confirms that the profits ($331M) are lower than the regulatory credits ($397M).
Apple makes a healthy margin on their lower sales numbers and has an associated services revenue stream to boot.
Tesla loses money on car sales and has managed to squeeze out some positive earnings by selling regulatory credits to their competitors. It's not a "selling less luxury goods but at a higher margin" story.
If we assume that the regulatory credit revenue stream eventually dries up then the case for the valuation seems to revolve around Tesla becoming the only car company and/or Tesla being or becoming so much more than just a car company.
That's not how it works. The difference between a realized loss and an unrealized loss is only tax consequences. If your shares have a book value of $1200 from when you bought them yesterday and a market value of $1000 right now, you could have bought the same number of shares today and had an additional $200 in cash. You're holding the same number of shares in both scenarios but your net worth is $200 lower if you bought yesterday. Obviously any dividends received since the time of purchase would change the net outcome.
The "you don't lose until you sell" meme is self-rationalization popular on reddit and in the Bitcoin community.
How would this scenario play out for a non-fraud and non-zombie business? If a publicly-traded company is in such a precarious state that they need the large cash infusion of either debt or a secondary offering to remain in business, the conclusion is that the business is non-viable. Either they IPO'ed prematurely or the expected growth isn't materializing. The short-sellers are performing the broader market a service in this case.
This surprise is likely due to the power of hype in an echo chamber. Tesla has drastically lost both market share (relative decline) and sales volume (absolute decline) throughout Europe. Norway, which was once paraded around as the Tesla future dominance preview, is now indistinguishable from zero for Tesla sales. The only market where Tesla is still growing volume is China.
VE Day was two and a half decades after the Spanish Flu pandemic.
The approach of taking what was most popular at the time and intersecting it with what is most recognizable now doesn't seem like the right way to define a canon. A canon in art is usually meant to identify those works that, with the benefit of hindsight, were the most important or influential on the development of the art form. This list is heavily weighted towards R&B & pop-rap that has had virtually no lasting impact on subsequent works and I suspect many of these songs are only listened to today either out of personal nostalgia or in humorous contexts.
Shoveling snow/dirt/other substances, chopping wood, pushing wheelbarrows, or loading trucks would be better examples of real-world equivalents to the more-maligned functional exercise regimes, but there's only so much of those most of us have opportunity to do. Apart from adding sheer volume it's also a little harder to build a progressive overload program around those types of activities.
I'm not sure where this story originated. The first Whole Foods in the Seattle area* predates the filming of that season by about a decade and is closer to downtown Seattle than any of the Central Markets.
(*the Roosevelt Square store, still at the original location)
https://www.businessinsider.com/two-costco-employees-at-corp...
Note I'm not claiming stocks will double or triple, but if that's the starting assumption then there's no need to ask what inflation or deflation will do.