xkjkls

19 ms·

151.
by xkjkls 6y ago
> Their whole profit model is built on the dealership model The US is not the only country that makes cars, and auto manufacturers in other countries often have many different models on how to sell cars. The European companies have been
152.
by xkjkls 6y ago
How many people actually buy cars for the UX? I think reliability and build quality are going to be far more valuable for most consumers, and the big automakers still have Tesla beat in spades there.
153.
by xkjkls 6y ago
Over the most recently posted 12 month period they have posted financials for, Tesla booked $1.05 bn in regulatory credits, which would take their $368 mn net profit to a ($681) mn net loss. https://www.thestreet.com/tesla&#
154.
by xkjkls 6y ago
People have been predicting the fall of Tesla for awhile. It's valuation is absurd by any possible metric or analysis.
155.
by xkjkls 6y ago
No, its like saying that people engaging in fishing are preventing overpopulation of certain species of fish, which is true of well regulated fishing industries. Short sellers act the same way, to fix over-exuberance in the market. Looking
156.
by xkjkls 6y ago
More even so, longs always are going to have greater financial incentive and financial power to publish fraudulent news and research. No one should publish fraudulent research in an attempt to affect a stock, but if we were to invest our re
157.
by xkjkls 6y ago
Short sellers have been instrumental in identifying frauds for decades. Without good short seller research, investing in countries like China would be even more impossible than it is today. Short sellers tend to be the good guys, not the ba
158.
by xkjkls 6y ago
High uncertainty doesn't mean predictions are useless.
159.
by xkjkls 6y ago
What they advertise as "Full Self Driving" is very far from it.
160.
by xkjkls 6y ago
> Doesn't every car come with a, "if you crash from not paying attention, we are not liable" The other cars having to drive next to this car in the road don't get a warning!
161.
by xkjkls 6y ago
It is dishonest to sell a product that doesn't exist, that seems pretty simple.
162.
by xkjkls 6y ago
Both companies are fake it until you make it businesses to the extreme. Tesla is just 10x the size of Nikola.
163.
by xkjkls 6y ago
There's a reason why certain factors still have small biases in the market.
164.
by xkjkls 6y ago
It depends on the circumstance. In the case of an investor, there's much more assumed due diligence than just "what a reasonable person would think".
165.
by xkjkls 6y ago
I'm not sure you've learned the lessons from Tesla
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by xkjkls 6y ago
They aren't the only ones.
167.
by xkjkls 6y ago
Every ten years a new generation of investors have to learn the same lessons
168.
by xkjkls 6y ago
Not a money-gaining proposition, but that's why some CEOs should go to jail. We need to create an environment where fraud like this isn't profitable or sustainable.
169.
by xkjkls 6y ago
This is currently the golden age of fraud. Jay Clayton has destroyed any set of teeth that the SEC once had. This is why people have been so critical of Elon Musk. Elon Musk's flippant behavior engenders worse and worse.
170.
by xkjkls 6y ago
tbh thats probably legalistically enough for them to avoid getting sued But the very idea that "yeah, you're right on all the facts, its just that we didn't really 'lie'" isn't a great defense of the busin
171.
by xkjkls 6y ago
These systems where never triggered because of where Theranos was in the development process.
172.
by xkjkls 6y ago
Anyone who says a business has a 10-year lead is lying. There is no business on earth with a 10 year lead.
173.
by xkjkls 6y ago
Growing at 50% per year is impossible given their addressable market. They would exceed the entire current auto industry in 12 years at that rate
174.
by xkjkls 6y ago
A hypergrowth company thats not growing
175.
by xkjkls 6y ago
Give me an example. I haven't seen anything even close to the sort.
176.
by xkjkls 6y ago
Does he? He seems closer to a Steve Jobs type marketer than a Bill Gates type engineer.
177.
by xkjkls 6y ago
The problem with alot of people isn't the emotional regulation; it's the way he runs his businesses. He embraces a fake-it-till-you make it mindset to a huge degree. He's done so many things that are either fraud, near-fraud,
178.
by xkjkls 6y ago
They've been saying this for years and it has never happened. At this point, I assume it will be delayed again.
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by xkjkls 6y ago
Other automakers release this information.
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by xkjkls 6y ago
JD Power has existed for decades and is known and trusted.

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