xkjkls

64 ms·

691.
by xkjkls 8y ago
That's assuming that each of those cars can be produced without any costs, which they require large amounts of raw materials and labor, and that Tesla also doesn't need to spend large amounts of capital on R&D to improve manuf
692.
by xkjkls 8y ago
It's really about moats. What is the major moat you have around a battery production business? If batteries produced from Tesla versus any other competitor are almost indistinguishable, what is unique about Tesla that those market forc
693.
by xkjkls 8y ago
The article does a bad job explaining what "unprofitable" means. Unprofitable on a pure gross margin perspective? After you take into account warranties or financing? Unprofitable after you amortize R&D? It should be more clea
694.
by xkjkls 8y ago
Definitely, both because they have less of unique position in the auto industry than Apple does in the phone industry (Apple is the only real integrated mobile phone player), and unlike Apple they've barely been around a decade. Apple
695.
by xkjkls 8y ago
Yeah, he like never bathed and smelled all the time. I don't care who you are, but I'm always going to be skeptical of people you can't figure out basic hygiene
696.
by xkjkls 8y ago
Also, any honest examination of Steve Jobs biography would tell you that many of the skills/genius that he used to re-invent the world in the second half of his career he didn't possess at the beginning and learned along the way.
697.
by xkjkls 8y ago
Treating your employees pretty terribly unfortunately often comes with the package for alot of "visionary leaders". If you have a single minded focus toward one specific goal, you forget alot of basic decency. Steve Jobs was also
698.
by xkjkls 8y ago
Yeah, I don't think the solution should be to get all entrepreneurs to take improv classes.
699.
by xkjkls 8y ago
The problem is usually getting the first couple opportunities. You don't need a degree if you've been in the industry awhile, but if you're trying to get a prestigious job it gets really easy to be filtered into thrown out st
700.
by xkjkls 8y ago
Mainly because it is really hard to measure work ethic over any short period of time. College being 4 years gives a pretty good proxy.
701.
by xkjkls 8y ago
> How do you feel about the fact that doctors from foreign countries need to requalify in the US with a whole ‘nother MD program here? Even if they’re from a country with as-or-more stringent requirements, and decades of experience? Ther
702.
by xkjkls 8y ago
Also, if you look at the bleak bleak picture of Blue Apron's stock price since IPO, them going bankrupt wouldn't even be close to shocking.
703.
by xkjkls 8y ago
I'm talking on a yearly basis, not a quarterly basis. Due to the seasonal nature of their business, I'm sure the quarterly numbers are more choppy. I think the general point, that they've been able to self-finance this enormo
704.
by xkjkls 8y ago
Exactly! Cash flow =/= profit.
705.
by xkjkls 8y ago
I'm sure they ran a lot of experiments in the earlier wild west days of e-commerce that wouldn't look so great today, but we've learned a lot about what a successful e-commerce business looks like since then.
706.
by xkjkls 8y ago
Actually the biggest key is a distinction between profitability and cash flow. Amazon has been cash flow positive since 2001. Sure, it spent huge number of years burning cash building it's revenue from $2 billion in 2001 to $200 billio
707.
by xkjkls 9y ago
How old are you?
708.
by xkjkls 9y ago
> Society is PLAGUED with people who can't see any subject outside the lens of money. It's all people think about, it's disgusting. I'm sorry, but when trying to value an investment, or determining whether I should ma
709.
by xkjkls 9y ago
Tesla’s reporting leaves a lot to be desired. Why wouldn’t Musk release a detailed plan of what is going to materially change in their production goals and capital expenditures over the next sixth months in order to finance their debt? Expl
710.
by xkjkls 9y ago
Hacker News has been a repository of software/tech news long enough that I would bet the audience is more diverse than you think.
711.
by xkjkls 9y ago
I don't think "answering basic questions about the financial health of your company" really should be considered "brown nosing", but to each their own. And it's not that simple that he can just raise debt or eq
712.
by xkjkls 9y ago
Apple donating huge amounts to cash to charity would be an... interesting... lawsuit. I agree that they would definitely get sued over it, but I don't believe that they outcome of that lawsuit is necessarily cut and dry. And the cases
713.
by xkjkls 9y ago
How exactly?
714.
by xkjkls 9y ago
Afford what exactly? To run a cash flow negative company for quarters on end?
715.
by xkjkls 9y ago
Why should Tesla not be compared to historical parallels?
716.
by xkjkls 9y ago
Yeah, the idea that 2008, pre-smartphone, is somehow worse than 2018 post-smartphone seems absurd.
717.
by xkjkls 9y ago
Then let his CFO answer the questions. These are important things to shareholders.
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by xkjkls 9y ago
presses button to make recorded bull sound
719.
by xkjkls 9y ago
There are plenty of people holding Tesla bonds that are also listening to this conference call intently too.
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by xkjkls 9y ago
Goldman Sachs has more developers than Facebook. It's not like Wall Street isn't filled with software people.

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