988 karma · joined January 18, 2011
Now they can just copyright-wash it through AI models.
They'll only have made incredible amounts of money once they sell the stock for an incredible amount of money to a buyer that gives them incredible amounts of money. Before that they just have a share of the above empty promises.
With the fee to remove advertising, you'd need to use all the price discrimination tricks to maximize revenue. E.g., have sales, have discount codes, etc., and it would still not be close to the price discrimination possible via ads.
I also wonder what the income of OP's bubble was when they were not paying for WhatsApp.
They did not even use Windows update for that one.
Germanies foreign reserves are nearly all treasuries. We might (naturally) diversify away. By taking on a large amount of debt we will simultaneously create an alternative safe asset (bunds).
Compared to Tesla it is actually usefull and you can do other stuff (e.g. read) and it doesn't just hand over to you one second before collision.
That does not take into account that they are increasing the market size themselves with Starlink.
And with Starlink it remains to be seen if that can be profitable. I doubt it. The Starlink satellites deorbit every 5 years and need to be replaced (CapEx+++).
This is compared to the trillion+ EV market.
Even then you can always install an update that allows remote control.
My guess as to what the problem might be is that the US has essentially become a two-class society. One class has been thriving, while the other has been struggling since the first China shock. The US was open to trade and more neutral, while other countries pursued export-led growth industrial policies. This benefited one class, but the other is increasingly relying on basic income financed by debt.
The thing is, Trump and Musk are clearly benefiting from an overvalued dollar and a trade deficit. Why would they change a system that is working so well for them? They might end up changing it accidentally by eroding trust in US reliability (also w.r.t. US creditworthiness), but that could be catastrophic and ultimately benefit no one.
The misallocation of capital also applies to GPT-4.5/OpenAI at this point.
"We wrote the memo that we don't have enough peope to check drinking water toxidity, guess leadership is okay with not testing for that anymore"
As mentioned in the article this is a domestic problem as well in inter-state commerce. I would also be worried that it distorts supply chains.
Tariffs are not a temporary fix for this either, since the USD will just appreciate and perhaps we'll put counter-tariffs on your tariffs. You'll need to fix this problem on your side.
Of course the exported car is not "tax-free". There is a 19.325% corporate tax rate + municipal tax on corporations in Germany. This is already pretty close to the one you mentioned. Then labour is more heavily taxed in Germany. And you have a sales tax in the US as well, you haven't taken that into account.
Maybe use Ireland as an example?