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I realized that the stock market has a lot of gambling aspects for a handful of companies. Tesla is/was hyped up and everyone said "but its not just a car comp
by Bluntiiono 2y ago
I realized that the stock market has a lot of gambling aspects for a handful of companies.
Tesla is/was hyped up and everyone said "but its not just a car company". But okay the Tesla Solar stuff is available for ages by now, the robot can't be bought yet and the first chinese companies sell them at 30k (i always assumed the first would hit the market with 100k and more) and from a robot taxi perspective, there are so many other companies doing it already...
Add 1 + 1 + 1 and you do not get the valuation of what tesla is valuated at all.
And then Musk. Holy shit Musk. The borring company was braindead and showed a very clear very ungenius brain fart. His way of selling but not deliverying is now omnipresent.
And his election interfering in usa and eu will catch up with him as everything else will.
- trgn 2y agothe intuition behind boring company was that traffic could go faster in dedicated pipes. it's actually the right company for the wrong reasons. there are more important reasons traffic should go underground. car roads are sewers; noisy, polluting, stink. any city will benefit when cars are removed from the surface. for that reasons alone, from all his companies, i hope boring company would succeed the most.
- tim333 2y agoYeah the boring company doesn't seem a bad gamble to me even if it doesn't work out. They've even got a new project lined up doing a Dubai loop similar to the Las Vegas one. It's the pivot to nazi salutes etc. that seems nuts.
- Bluntiiono 2y agoSo boring company did 3 km of tunnel in 7 years how is this not a bad gamble? Thats clearly showing a ton of issues and that the original concerns from everyone who has any knowledge on building tunnels, mentioned. And everyone who does't mind going into a tube, were if anything goes wrong, the hole tunnel becomes a death tunnel,...
- Bluntiiono 2y agoYou do understand that underground traffic already exists and is called public transportaion or sometimes more specifically like ubahn etc.? The idea in itself is not new, the idea of him is to put cars under it in a very narrow tunnel because the narrower the cheaper. And now comes the magic stupidity or ignorance of him: There is ar eason why tunnels and our underground looks like it does: Water (rain), Water (ground water), air (oxygen, co2) and emergencies need to be countet for. There is a reason why he still doesn't reach the speed or anything he ever promised on it and there is a reason why 12 years later there is nothing of significance to be seen anywhere. Btw. we could just use transportation technology like in star trek.