LOL. I am sorry but I need to print this one out and frame it somewhere. For one, the current environment is entirely fueled by government money. It’s quite literally a wealth transfer. Second, I’ve yet to meet an asshole who’s actually good at anything. But they’re great at exploitation.
But how’s that part of non-gaap? They strip out all the “excess” to derive at what should be considered true to the underlying operation. Now they’re saying trading bitcoin is part of their operation?
Strictly from a financial standpoint, Tesla is a regulation arbitrage company. Nothing more nothing less.
Nope. I think Apple knows this is overpriced and buying a company is very different from buying a stock. Intrinsic value is fraction of the market price and prevailing price Apple likely had to pay. My guess is Elon also asked for a board seat plus executive management role. Me thinks Tim was smart to pass despite how it appears right now.
This is a project with good intentions. But the responsibility lies with the government (and therefore the collective). I don’t understand why our society cannot feed the hungry and house the poor when we have enough resources to do so (in fact do it 1000x over). Some will argue it is to disincentivize people from not working. That’s a bullshit argument in my view because 80% of the people I’ve met in desk jobs do absolutely NOTHING.
This software is nowhere close to being production ready. The fact that the government allowed Tesla to ship this feature is my main issue. What were they doing? We don’t even have proper regulations in place. Perhaps Tesla can work with NHTSA instead of criticizing them for blocking their “progress?”
All people care about is defending Tesla because they happen to own shares in the company.
So you want your backend to be the most taxing and inefficient system we can possibly imagine? Are you really being intellectually honest when you say things like that?