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Showing content with the highest reputation on 06/14/2021 in Posts
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3 points
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My friend is in Arizona, I can see why Robert Hall moved back to Ohio. The pragmatic female introvert.... Thought about Robert Hall and his dogs with this one also...3 points
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I am lsitening to as many different things as possible lately. Both you and david keep me sane. A lot of K pop is good, but sometimes I feel like punching someone in the face after listening to a bunch of it....don't know if everyone ahs that side effect. Sweet! Or a paricipation prize for stupidity...yes, thanks for the happy Fathers day. I have tons of scrap wood and smaller offcuts, bring a trailer. Enough dried hardwood to keep you in fires for a month...or more. It already sounds like it comes out or North Korea....(just kidding) Funnies on the lighter, cleaner side today.3 points
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Your ideal climate is found in the Bay Area and, to some extent, in the Pacific Northwest. It can be depressing, but people in the PacNW mention how the cool, moist air makes them and their skin feel clean. I don't know how that works. Perhaps that it's comfortable. That temperature band is probably the best one for people's well being. For that matter, cars in the PacNW probably fare better than in any other place in the country ... the air for combustion and the cool, moist ambient for tires, belts, and hoses. I was discussing this with a prof. I once had. She said that, even though heat is miserable, extreme cold will finish off a person quite a bit sooner than extreme heat. So, yes, 50F to 80F sounds just great. If you can afford the places where it's the calling card.2 points
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Very happy for Jay as he did indeed make a land speed record in the Tesla S Plaid. Thanks for posting, saw this in the morning and was going to post it, but just did not get to it. Thank you. I take nothing away from what Tesla has accomplished in regards to the EV powertrains, controllers and Battery tech. This just continues to confirm how fast the future will be on BEVs. Quarter Mile in 9.43 seconds @ 152 mph. Jay Leno tries to break record in Tesla's new Model S Plaid on 'Jay Leno's Garage' - YouTube Jay makes a valid point on an American made sedan that costs $130,000, a lot of money and yet destroys cars like Bugatti, Ferrari, Lamborghini, etc. The Tesla S Plaid is a bargain in compared to the multi-million supercars. He believes it will take 30 to 50 years to convert people.2 points
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If ocnblu is Bill from PA, could that make him Billy Ocean? Probably the song most associated with this musical artist ... good song:2 points
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MAN is that an ugly & cheap looking interior! Rental-car grade by appearances.2 points
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'Boxing up' a powertrain offering should be common sense AND cost very very little. Hopefully, were Tesla to also offer such, they could at least sell these for a profit.2 points
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Tesla is not going to go bankrupt. At least not in the 2020s. In the 2030s...who knows? Too many "investors" have poored too many billions into this to just let it fail. However, if Tesla CARS dont overtake the competition in sales market share, then who knows what will happen next. Consumers NEED to BUY your vehicles to STAY IN business... THAT is just how...business works. However, if Tesla cars wont exist, Tesla powertrains and batteries IS a thing and Tesla could provide THAT to OEMs that dont want to invest the billions developing their own tech. Volkswagen Group or GM might not be those that would buy Tesla powertrains and batteries as they have their own technologies...but... Toyota might. They have fallen behind. Honda might. Honda will be buying GM tech, but having another option like Tesla might benefit Honda... Mercedes might also. Mercedes EV tech is pathetic as of now... Keep in mind that VW does outsell Tesla is certain markets NOW. Keep in mind that the Ford Mach E also has eroded Tesla market share. GM EVs that actually compares to Tesla, like the GMC Hummer EV, well, the Hummer EV has a very very healthy amount of down deposits for one. Tesla like craze about the Hummer with people...2 points
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If you (almost) never make a profit as a manufacturer, bankruptcy is inevitable. The regular production 'history' of Tesla really begins with the Model S, which came out in 2012.2 points
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So they're just going to build more & more & more cars at a $6 grand loss on each one??? 9 years of this shit business model and no profits, only driven by the whim of a perpetually-distracted ego-maniacal billionaire? He's going to get bored and wander off at some point. How long would you do YOUR job if you had to PAY to be there?2 points
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I don’t really care if Tesla goes bust or not. But they aren’t going to go bankrupt or stop selling cars. It just isn’t going to happen.2 points
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Irrelevant- the supply of money is endless and unbacked. Jeff Bezos having 180 billion (on paper) doesn't deprive you or me of one nickel. US Mint prints $500,000,000 every damn DAY. There's no such thing as equality of outcome- it's not how nature works, it's not how mankind works... and it's not anything any entity can force.1 point
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I have it too and that’s not how that works. You missed the point by a damn mile, once again. And his selling of his homes has zero to do with carbon footprint reduction. A direct quote from an article about his house sales. “Musk has repeatedly said he plans to sell most of his possessions, including all his houses, to fund a colony on Mars. He has said he wants to send 1 million people to Mars by 2050.” Maybe you need to actually educate yourself about the man before trying to worship him and his supposed wealth.1 point
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Because the so called “genius” is selling his homes to fund colonization of Mars. If he is so damn rich, as SMK claims a thousand times here, why the need to sell some homes to fund his pet projects? His wealth is beyond smoke and mirrors if you ask me. His only claim to any wealth has basically been market manipulation, which can be construed as illegal in some sectors.1 point
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Watching play-off hockey is sooooo relaxing when your team aint in it anymore...1 point
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No...it aint. Smoke and mirrors... Bitcoin and other cryptocurrencies are another beast all together, but cryptocurrencies and Tesla perceived value are valued on the same smoke and mirrors principles. When GM had to go through bankruptcy, the company's debts and expenses were put on one side and closed down and a new company emerged. But THAT could only happen when there is a REAL value attached to a company. 600 billion attached to Tesla is NOT a real value. Restructuring of GM had many valuable assets going for them. REVENUE streams WERE healthy for one. Actual sales of automobiles is another. Did you know that Pontiac's sales, Hummer's sales, SAAB's sales and Saturn sales in 2008, the year prior GM went bankrupt and FORCED to close down these brands had MORE sales than Tesla has now at their peak? Pontiac in 2008 had 267 000 sales Saturn had 188 000 Saab had 21 000 Hummer had 27 000 That makes a total of 535 000 units. Tesla produced 509 737 and delivered 499 550 in 2020... GM SHUT DOWN brands that TOTALED MORE SALES than TESLA produces and delivers in 2020... In 2009 at the bankruptcy these brands totaled half of that with 252 00 sales... You put too much value in stock price values...stock price values are MANIPULATED...smoke and mirrors...1 point
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Why is it so hard for you to just be up front and post the links with valid facts rather than play shell games. Tesla, Inc. 2020 Annual report 10-K/A (sec.report) Now lets address that the majority of those Stocks are granted to him with purchase prices from $6 to $20 per share but cannot be accessed by him till between 2025 and 2030. It puts him down in the lower Billionaires list when one realizes he cannot actually purchase and sell the bulk of those shares. Big Question for the Shareholders is why is the Board granting shares to Musk 4 different times over the 2020 year at prices so ridiculously low? One can smell a rat here and truly not fair to shareholders who buy on the open market as well as other employees who just get a discount off the stock price on the street. Q1 was $6.24 up to Q4 at $70.01. Something stinks in Demark as they say.1 point
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It's still $600 billion. And look at how Elon manipulates the markets. A month ago he was divorcing bitcoin and the price cut in half. No doubt he (and Tesla) were buying in low and building up more, and right on cue, he tweet yesterday that Tesla will accept Bitcoin when 50% is mined with renewable energy and the price is up 10% yesterday and 8% today. And 3-4 months from now, Elon will tweet some meme he finds funny and say Tesla is accepting Bitcoin and the price jump again and he'll cash in. And it's wrong that he does that, but these boneheads online react to whatever he does and that is how the money flows. Tesla's debt is like $10 billion, they aren't like Lehman brothers that was taking advantage of Wall Street deregulation and defrauding people basically. Elon Musk has 22.4% ownership of Tesla, 227M shares out of the billion or so outstanding. You can google it.1 point
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Everything you are saying is what people heavily invested in Lehman Brothers was saying when that Crashed. A company that had $639 Billion in Assets with $613 Billion in Debt and at the crashed caused $111 Billion dollar lose, everything overnight when their smoke and mirrors was blown away by the wind. The rest was a wash that people still today are trying to recover from. The Clear Points of why Tesla's house of cards could cause another global depression like Lehman Brothers. Causes of Lehman’s Bankruptcy Lehman’s bankruptcy had four underlying causes:4 Risk. The bank had taken on too much risk without a corresponding ability to raise cash quickly. In 2008, it had $639 billion in assets, technically more than enough to cover its $613 billion in debt. However, the assets were difficult to sell.5 As a result, Lehman Brothers couldn’t sell them to raise sufficient funds. That cash flow problem is what led to its bankruptcy. Culture. Management rewarded excessive risk-taking. Lehman’s chief risk officer said that top management ignored many of her risk-management strategies.5 Top managers wanted to stay ahead of competitors that also used high-risk strategies, and they also thought the company was too smart to fail. Overconfidence. The firm relied on complicated financial products based on quick real estate growth just as the real estate market began to decline.2 Between 2000-2006, its revenue grew 130% thanks to early successes with mortgage-backed securities.6In 2003-2004, Lehman Brothers bought five mortgage lenders, which allowed it to originate and underwrite subprime loans, increasing its profitability.7 In March 2006, Lehman bought heavily into commercial real estate and risky loans and instead of selling them right away, it kept them on its books. Management thought it would make more money owning these assets but its timing couldn’t have been worse, as real estate prices were falling. Regulator Inaction. The Securities and Exchange Commission and other regulators didn’t take action. As early as 2007, the SEC knew Lehman Brothers was taking on too much risk, but the agency never required Lehman to do anything about it.6 It also didn’t publicly disclose to rating agencies that the bank had exceeded risk limits. The Lehman Brothers Collapse and How It's Changed the Economy Today - TheStreet The Collapse of Lehman Brothers: A Case Study (investopedia.com) Lehman Brothers Collapse: Causes, Impact (thebalance.com) List the link of this solo Billionaire that owns per your statement 22.4% of Tesla? Most Billionaires have their own group of folks investing for them, not investment firms.1 point
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But the 'billionaire illuminati' don't 'win' buy buying Tesla at $600/share; they get in when it's $30/share and ride it uphill. Where's the 'super rich' push to pump up another 'Tesla' (Lordstown)?? Who cares if they ever make a profit- that's apparently irrelevant. Perhaps it simply doesn't work like your conspiracy theory says. Here's a secret- billionaires actually LIKE the occasional big loss- it offsets all the other 'wins'. Did you catch that ridiculous ProPublica release on the rich & taxing all wealth?1 point
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Sooo, why don't the controlling 'billionaire illuminati' "make" Tesla stock go to $3400/share (like Amazon) or $426,000/share like Berkshire Hathaway? Someone has to be the first trillionaire. ? The so-called 'super rich' certainly aren't only OR primarily invested in Tesla, and they likely already made their money. Like so many CEOs; they reap their benefits, pull the cord and jump... onto the next financial transport. They don't give a shit about the company itself. BTW... how did the 'billionaire illuminati' -who all "love electric car stocks" allow Lordstown to drop to $9.26 /share? A stock that was $10 on 06/20 and shot up to $30 by 09/20? Shouldn't it be $300-$500 by now? Who was asleep at the switch??1 point
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I remember one year it hit 119 on my birthday. And the A/C failed at the restaurant we were going out to dinner at. Hot and dry and hot and humid are equally awful IMO, but different. I’ve heard from friends about summers in Austin being nasty with triple digit temps and high humidity. I was in Miami Beach in July 2008 and it was like 98F w/ 90 percent humidity. Miserable outside. Was better down in the Keys with the breezes. My ideal would be a climate that never gets over 80F or below 50F.1 point
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https://www.roadandtrack.com/news/a36715189/jay-leno-production-quarter-mile-record-tesla-model-s-plaid/ Jay however, talks about American ingenuity when talking about the Model S Plaid....a necessary uptake as compared to the bashing that is done in this thread.1 point
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Right! Makes one question the mind set of people spending $130,000 and up on a rental car plastic interior.1 point
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Actually you seem to care an awful lot given the rabid defense of them. Furthermore, if they go bankrupt, it will be exactly because of their cars since that is supposed to be their main business.1 point
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Yep, bought logs from Ace Hardware. May have to look for those! Didn’t even try tonight….1 point
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You have totally misread what I’ve said apparently. I’m talking about people not cars. Robert covered it. Eventually, that demand simply ages out. And both of those idiots fall under my same point about suckers. Something about a fool and their money.1 point
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I’d assume once the Baby Boomers exit the hobby over the next 20 years or so, values will fall…1 point
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It’s no different than the idiots who spend $50K to jack up and put useless lights all around a pick up that already cost them $50K. There is always a market for suckers and their money. Thought you knew that. I was comparing what I said to your statement about folks preferring the tactile feel and such. Those same kind of folks are dwindling in numbers much like folks who drive a stick shift.1 point
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I use Kingsford quick light starters (looks like shredded wheat) and lighter fluid to get mine going. Or those bagged logs like for a fireplace.1 point
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I thought it was today. The second Sunday in June, just like Mother's Day is the second Sunday in May. Sorry.1 point
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Think I need better wood for our fire pit……didn’t want to light at all tonight…..1 point
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After she had the incredible sense of humor to go along with this ridiculous televised parody, I decided I liked her. R.I.P.1 point
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What did one lung say to the other? we be-lung together! What do you call a lung thief? breathtaking! Thank-you. Thank-you very much!1 point
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We'll all dictators and dictator wanna be's eventually fall to society and the better things in it! May K-Pop rule North Korea!1 point
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Hey @David K-Pop is a cancer. A vicious one at that! https://ca.news.yahoo.com/kim-jong-un-calls-k-121112259.html Dont look at me...David. Im only regurgitating what the expert of Korea is saying.1 point
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I've seen this sort of behavior in female and male puppies. Given that he was hungry and abandoned, he played his cards right, so to speak. Had he not warmed up to them, he might not have found a home. Many feral animals are afraid of people, even after being fed by a certain few for a long time, and they don't find homes by the time winter arrives. Yes, beautiful dog. Hilarious take with this math. I think most schools would be in deep $h!t if it was proffered at their Math and Science Fair/Day.1 point
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