xkjkls

62 ms·

301.
by xkjkls 7y ago
Bezos has an Electrical Engineering degree, which I would argue is more important to running an engineering company than a Physics degree, though bachelors degrees are pretty much irrelevant regardless. And there's no one who works for
302.
by xkjkls 7y ago
The man owns multiple mansions and spends most of his life flying around in a private jet. Let's not act like he's some monk.
303.
by xkjkls 7y ago
Elon Musk has never run a company that has been profitable for a full calendar year at any point in his life.
304.
by xkjkls 7y ago
> To go big like SpaceX requires you to be all in. Elon nearly went broke a couple times. He's willing to take that risk because he's in it for the results, not the money. You could also argue that this is exactly the problem w
305.
by xkjkls 7y ago
If this wasn't an automobile that was a high priced toy, this would be pretty obvious. Should we stop producing truck parts? The fleet of 18-wheelers across the US is the only thing sustaining us.
306.
by xkjkls 7y ago
Having some semblance of transportation is essential for alot of people in a way things like entertainment events or bar life is not.
307.
by xkjkls 7y ago
And that's the problem. We need to find ways to solve the moral hazard, and also insure that economically necessary industries have necessary restrictions so that they can survive downturns.
308.
by xkjkls 7y ago
Lighter taxes.
309.
by xkjkls 7y ago
The greater problem is that corporations run themselves incredibly cash light. The American consumer is encouraged to keep an emergency fund, but American corporations seem to be completely panicked in every crisis, often then requiring gov
310.
by xkjkls 7y ago
Car repairs can end up being pretty essential. Any doctor with a Tesla might need to get to work.
311.
by xkjkls 7y ago
It depends on what they are making. If they are still manufacturing cars, yeah, thats bullshit. If they are keeping a light staff to manufacture replacement parts so that their current fleet can be prepared, that's more understandable.
312.
by xkjkls 7y ago
Lots of concerning information in its 10-K though.
313.
by xkjkls 7y ago
How many of these things exist currently? As far as I know I’ve only seen a total of 10 deliveries from the Chinese factory, there has not been a single Model Y sold to the public yet, the German factory hasn’t even broken ground, and the S
314.
by xkjkls 7y ago
Starlink is SpaceX’s only real “business” given that the global rocket market is still incredibly small. It may be valuable to raise a bunch of capital for it individually
315.
by xkjkls 7y ago
That 22% isn’t exactly capital that can easily be margin called. So much of it is quant funds, where it’s one of 100 short positions, and even the massive shorts like Chanos/Einhorn only have a few percentage of their funds in it
316.
by xkjkls 7y ago
The problem is that there really isn’t any data the stock trades on. Like — imagine if you were an insider trader. What number from inside the company would you consider the most valuable? Units sold? Revenue? I honestly wouldn’t even know
317.
by xkjkls 7y ago
That’s because their price target is complete BS meant to hype the stock they own.
318.
by xkjkls 7y ago
Do Tesla Solar Roofs work? The number of installations three and a half years in have been pathetic
319.
by xkjkls 7y ago
NIO hasn’t exactly been doing well
320.
by xkjkls 7y ago
What if you think the entire car market is overvalued, but Tesla specifically so?
321.
by xkjkls 7y ago
Puts cap your losses, but they also are inherently more volatile than the stock itself.
322.
by xkjkls 7y ago
It really depends on how you look at short positions. If you also have a long portfolio, and you would like your returns to be less market correlated, then short positions can be fine. I’d recommend almost every retail investor never short
323.
by xkjkls 7y ago
Stocks eventually trade on reality. Sometimes it takes awhile though.
324.
by xkjkls 7y ago
Look at the most popular stock on RobinHood these days.
325.
by xkjkls 7y ago
The Tesla short community has always been full of much more professional investors who pay attention to diversification and position sizing. People like Chanos/Einhorn, with probably a $100 million+ short position, are only risking a f
326.
by xkjkls 7y ago
Valuations should still be important. Given that Tesla has almost doubled in 5 trading days, that should be considered a significant event.
327.
by xkjkls 7y ago
Why?
328.
by xkjkls 7y ago
Do you think they could actually raise capital at this valuation? If not, its not for real.
329.
by xkjkls 7y ago
How often do you have drives when you need to fall asleep though?
330.
by xkjkls 7y ago
There's also issues like Australia, which because of plate tectonics the maps corresponding to GPS coordinates had to recently be moved close to a meter. We think of GPS as just the positioning part, but its just as important to rememb

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