freerobby

13 ms·

91.
by freerobby 8y ago
> I cannot for the life of me rationalize spending so much on a car. The $35,000 just doesn't make sense in New England, so I need to add in AWD. Then I need to add in the autopilot because isn't that the point of owning a Tesl
92.
by freerobby 8y ago
I'm being 100% truthful, but I recognize that saying this doesn't establish any additional credibility. :) I didn't mean to make this about me or my investment strategy. I was just trying to back up the sentiment that the pos
93.
by freerobby 8y ago
Yeah, this is closer to how I got here (cost basis is way more than 2%, but nowhere near 25%). As you hint at though, there's a cognitive bias in holding my position by this reasoning -- my gains are a "sunk benefit" and I am
94.
by freerobby 8y ago
> I think a Tesla shareholder should be pretty happy with this settlement. The $20m fine at a time when Tesla is already running low of cash is certainly tough news, but every other part of this settlement is probably good news for the c
95.
by freerobby 8y ago
Fun fact: in California and Idaho, it is a capital crime to commit perjury that results in a wrongful execution. https://deathpenaltyinfo.org/crimes-punishable-death-penalty
96.
by freerobby 8y ago
He doesn't even need to do that! The feds need to prove he never intended to take Tesla private, or that "funding secured" was somehow isolated from those intentions and tweeted disingenuously to move the stock price. Good lu
97.
by freerobby 8y ago
Andover resident here. The local response has been super impressive. I've never seen so many emergency response vehicles and personnel mobilized so quickly from so many different places. We drove north to New Hampshire on instinct as s
98.
by freerobby 8y ago
Real answer: Tesla would be acquired before filing for Chapter 7 bankruptcy. Theoretical answer: The cars would continue to function as cars, but network-dependent features like Autopilot and remote unlocking/monitoring would cease.
99.
by freerobby 8y ago
I think the actors who are eager to see Tesla and SpaceX fail are more powerful and motivated than is typical, but I acknowledge this is an unproven hypothesis. However, Tesla does not need to be exceptional for the larger point to remain.
100.
by freerobby 8y ago
His analysis is riddled with such fallacies. The other huge one is a conflation of the general with the specific, i.e.: > the vast majority of the time, when a public-company chief executive officer complains that short sellers are sabot
101.
by freerobby 8y ago
I think Levine has been pretty hit-or-miss on this saga. His line of thinking on short-seller narratives misses the point entirely: > Elon Musk has been banging on for ages about how short sellers are trying to sabotage his company, Tesl
102.
by freerobby 8y ago
> A tweet is not an SEC filing and it can never be one. It’s 140 characters typed on your phone. It is not reviewed by corporate counsel. It is not reviewed at all. Right, but this is exactly the downside of disclosing things via Twitter
103.
by freerobby 8y ago
> It's also worth mentioning that the idea of breaking long-term financial news for a Fortune 500 company via Twitter of all places is highly unorthodox and suspect in its own right, so I doubt this comment would have much effect in
104.
by freerobby 8y ago
It reinforces the narrative that this was his choice about what is best for Tesla, and not a market-driven outcome to remain public in spite of a desire to privatize.
105.
by freerobby 8y ago
Runtime isolation is distinct from compile/build-time isolation. You're citing the latter, but it's the former that matters. Tesla gets this right, e.g. an interrupt in the MCU does not have any effect on braking, drive-by-wi
106.
by freerobby 8y ago
Oh, I agree about that. I'm just saying that even if everybody felt that funding was secured, the price would still not be at $420, because there are other risks of a deal like this falling through.
107.
by freerobby 8y ago
There's more to a buyout than the funding though; lack of board approval or any agreement on terms (i.e. not just financial terms) are obviously deal-breakers. Certainly the market doubts whether this deal will go through, but it'
108.
Taking Tesla Private(tesla.com)
347 points by freerobby 8y ago|273 comments
109.
by freerobby 8y ago
You need to get current shareholders to sell their stock.
110.
by freerobby 8y ago
I've been working on this project nights and weekends for about a year. It's been a fun mix of a lot of things -- hardware, software, CAD, web apps, device drivers. It's still rather primitive, but it's reached a point w
111.
Show HN: Astrolab turns your telescope into a remote control telescope(astroswarm.com)
11 points by freerobby 8y ago|2 comments
112.
by freerobby 8y ago
> Apple and Tesla can't support their designs indefinitely and remain profitable. I don't see any indication of this. The support windows for all Apple and Tesla products are in line with consumer expectations. The two-year she
113.
by freerobby 8y ago
> From an engineering standpoint, Apples devices became hard to repair because they optimized for weight and size over maintainability. Would Tesla do the same? > Tesla offers very long warranties (I believe is 4/8 years for vehi
114.
by freerobby 8y ago
It's not "easy" (or common) because a lot of unusual things need to line up for it to work. You need an established company with big pockets, a new company that poses an existential threat but which also desperately needs cas
115.
by freerobby 8y ago
I think the last two are good reasons to short Tesla. I wouldn't touch those bets with a ten foot pole, but they are entirely rational depending on what you believe. If you don't believe those things, then Tesla having a greater m
116.
by freerobby 8y ago
This analogy only works if you view the economics through the singular, zero-sum lens of Tesla. Imagine you have billions of dollars in big oil, or traditional auto manufacturing. If you can take a few percent of your net worth to establish
117.
by freerobby 8y ago
> Ok, we have different definitions of maturity. To me, it means your system's core functionality works reliably in the use cases it is designed for. Nice-to-haves like speed smoothing are secondary. I agree with this definition, bu
118.
by freerobby 8y ago
How mature a system is and whether it's morally responsible (or imperative) to release it are different questions. > The "clones" are deliberately less good because the manufacturers offering them care more about safety an
119.
by freerobby 8y ago
> They have products that did, before or at the same time, similar functions. I don't think that's accurate. Autosteer is the fundamental innovation of Autopilot, and no other manufacturer released a system that "did, bef
120.
by freerobby 8y ago
Thanks for posting that Waymo vid, that's the best processing of Lidar in adverse conditions that I've seen. I think the million dollar question is how far Waymo (or others) can push noise reduction with Lidar. The video seems imp

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