tardo99

There are tons of high-yield savings accounts paying much more than 0.35%.

Telling people to increase their indebtedness to buy index funds right now is pretty dubious advice.

I used to get this, along with some other anxiety stuff. A low dose of prozac taken 2x per week totally eliminated it (anecdata i know, but i thought it was interesting).

I think posting what interests you makes sense; there are just a lot of us out there who are tired of reading hero worship of that guy.

Too many Elon Musk posts. No thanks.

They're long gone.

I switched to using caps lock for esc and actually prefer it now.

I've been told by some well-placed people (pooh pooh me if you want, I don't care), that a number of PE shops and hedge funds were able to get some pretty big loans to the top of the pile. Many, many, many businesses are in your situation. A very large percentage of the money went places you and I probably wouldn't think it "should" go. The program isn't working.

Seems like maybe the company who leased you the car might be willing to do a deal to get you to keep the car a bit longer. It's not like they'll be able to sell it quickly.

My company has used Hangouts for years with zero problems. Zoom is mostly just hype.

Not sure I agree with the bit about Linux + Raspberry Pi not being able to handle precision timing down to the microsecond level. I'd be interested if anyone has thoughts.

Sorry for the downvotes. I'll get downvoted too bc of my username. I agree with your point. Instagram is evil.

What about the emissions involved in mining lithium, making the batteries, dealing with the batteries once they're exhausted, and in generating the electricity. Also, what about the emissions involved in building and maintaining the road infrastructure?

You think it's more of a game changer than the $8500 used Nissan Leaf I bought (which, before you start, is perfect for me because I use it around town, and yes it works fine for 95+% of my car trips, including 100% of my commuting miles)?

I'll tell you something. I'm sure enjoying having that extra $60k in my bank account that I saved by not buying a horribly overpriced depreciating asset.

Except that's not how public policy works. It's not like Tesla just happened to luck into these policies. They actively lobbied for them. There's a significant amount of "greenwashing" involved there. I think it's instructive to realize that both of Musk's companies have, as critical elements of their success, government policies which favored them at just the right time.

I have nothing against Tesla as a luxury car brand. I do get tired of fanboys suggesting they'll take over the entire industry. Normal people can't afford a $60k Model 3 (and that's what they actually cost). Other companies will do fine in the electric space. I'm quite happy with my used Nissan Leaf. Price? $8500. Let's see Tesla beat that.

Tesla's 10-K shows an accumulated shareholder deficit of $6B. That's over and above money spent to buy factories which are still operating. That's $6k a car at 1M cars sold. Add to that the $7500 rebate the US was providing until recently. That's $13.5k, on average, they lost per car they sold through the end of 2019.

Saying nothing about Tesla cars versus other companies, that's a huge financial advantage against other car companies. This is particularly true given that most of those car sales happened post-Q1-2018, when Tesla had already established a strong brand.

I'm not sure any established player could, at that point, compete with a company that gets to lose $13.5k per car they sell. That would be like if Nissan started building base-model Sentras and selling them for $4500. Yes, they would sell a lot of them.

As markets normalize and Tesla has to compete on a level playing field, my guess is their product is viewed more and more as what it is: a luxury car. Nothing wrong with that, but it's hard to see them owning more than a few percent of the market, especially considering established companies have gone all in on electric at this point.

And, nothing can justify a price-sales multiplier of 20 for the company. Nothing.

Yes. It seems like having robots colonize a planet or the moon would be a lot smarter.

Obviously I was talking about the situation where one doesn't want to sell all property in CA and wants to be able to return to CA from time to time, maybe for months at a time.

Anyway, our current thinking is to establish residence in Nevada (probably in Tahoe) and then go to Europe from there. Thanks for the downvotes.

Thanks. It's too bad people decided to downvote me. Probably because of my username, but who knows. In any event, do you have thoughts on solutions?

I live in California.

An interesting thing we learned is that if we move out of the country for, say, 3 years, unless we set up our lives so we have no intention of remaining California residents, the state will continue to pursue us for income taxes even while overseas. Federal law has a different system which makes more sense -- a tax exemption while overseas.

Given that we expect to spend a substantial amount of time overseas in the future for personal reasons, I'm thinking we may need to move to a zero tax state in the US first, just to get out from under the sway of California.

I'm curious if anyone else on HN has experience with this.

Yes. To implement this you simply lock the overheads while in final descent, which makes sense anyway for safety reasons.

What they should do is disallow anyone from opening the overhead bins until all the people who didn't insist on carrying on all their luggage exit.

You don't think the cost of the car is at least partially a proxy for the amount of energy required to produce the components (primarily the battery)? Some pretty smart people have questioned whether, absent innovations in battery recycling, electric cars are actually green.

I have a used 2015 Nissan Leaf that I bought last year. No problems at all with it. It cost $8000. Can Tesla do that?

My favorite is the part where the torch will be passed from baby boomers to millenials and gen z. As if there isn't an entire generation of people between the baby boomers and the millenials.

Hold a substantial amount of cash in short-term Treasuries so you can buy in when things decline. You will know when to buy when Warren Buffett (or whoever replaces him when he dies) starts spending substantial amounts of his $120B cash pile.

It's funny to me that people can immediately see the issue with falling returns here as prices increase, but can't see the same thing when it applies to the stock market. In the stock market, the prevailing wisdom is "buy and hold no matter what the price is, because you can't time/game the market." Why doesn't the same logic apply to college? Shouldn't the efficient market cause college costs to rise to the appropriate level? Given that, shouldn't you just do it and ignore the cost?

Yes it's a waste. I also find it genuinely funny. Not sure why. Just tickles me.

You definitely can broadcast packets via wifi. I mean, that's essentially what you're doing when talking to an AP. All the other wifi antennas/chips in the area can see the data you're sending. You'd have to do some hacking on the receive side to get the data out, but that should be pretty straightforward.

2TB of google drive is $9.99 a month. What am I missing?

I don't think I've ever been linked to a site in Iran before. Odd.