Something's not right in the US when one of the world's top innovators and fighters for renewable energy is toppled by a tired tweet, and the unaccomplished sexual molester of a leader of the US says many far worst things on nearly a daily basis for years and gets away with it.
SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
631–640 of 884 posts
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#632Earlier quoted context omitted.
>Tesla has pulled itself back from the brink and may actually become a profitable car company This is a very very generous assessment of the dire financial situation TSLA is in. At best they have hit their production at the expense of quality which will only temporarily offset their costs. Any sustainable mid-term profitability is a very big question mark at this point.
I thought the narrative was they just need to get through the short term before production stabilizes and is able to meet demand. I do feel there is a difference between Tesla the car, and Tesla the company. Tesla the car is still the most desirable electric on the market. Tesla the company is a different story altogether.
The narrative shifts constantly because the narrative is anti-Tesla. So it has to shift, whenever they make it past another hurdle. It started with them being ridiculous for even trying to make an electric car. Then it became that they couldn't mass produce. Now they are being mass produced. It sometimes shifts towards their safety, but it isn't a preferred avenue of attack because the stats show that the cars are safer than other vehicles, which produces cognitive dissonance in people who are mislead as to the true nature of the news they are hearing about Tesla.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#633Earlier quoted context omitted.
I'd hope the company itself would be fine. I really hate this idea of the grand visionary. A good friend of mine who is a mechanical engineer despises Musk. I listened to a bit of his Joe Regan interview and when Regan asked him how he has the time to do all of the things he does, there are smoke jokes about him being an alien, but not once did he say, "Well I have an amazing team of engineers" and credit all the tho…
Are Apple products different now that Jobs are gone? Yes. Jobs as local despot acted as a curb to bad decisions. Jobs had a vision which acted as a countervailing force to keep Apple from being completely sucked into being a money grubbing luxury goods company. the core people that make and design all their overpriced, planned obsolescence devices are still there, often uncredited, while everyone else likes to focus…
I think Apple products are actually better, maybe not so much because of Apple but because their competitors suck.
Android is terrible, I mean, it’s looking more and more like iOS, but it’s still not iOS and it has no privacy if you want to use the official play store (which you want, because all the apps that actually make your phone smart, only live there). Android phones still die after a few years, my iPhone 5s is still a beast.
Laptops, well the surface book is arguably a great device, but it’s also more expensive than a MacBook Pro and doesn’t come with a thunderbolt port. The XPS is decent, but it’s build quality is Dell terrible. Lenovo might make good laptops, but working for the government, I’m not allowed to own one.
Apple has the only working Bluetooth devices on the planet. The magic keyboard and especially the AirPods always work, I can’t say that about anything else.
Plug and play egpu, who else has one?
I think the only place Apple isn’t actually best at what they do is in competition on software services like AI. Siri is terrible, Apple maps are terrible (why aren’t they just using OSM at this point? I’m sure OSM and Apple could find a way to benefit from each other, and OSM is currently better than google maps).
I may sound like an Apple fanboy, and I am, but I’ve become that way because their shit always works right out the damn box. And I’ve never had a piece quit on me by it’s own. I bought a MacBook Pro 2018 edition to work with the egpu, but my old 2013 macbook still runs perfectly fine. I can’t say I’ve ever tried any thing similar, except for thinkpads, and I’m not allowed to own one of those. Meanwhile my 1 year old work laptop from Dell is literally falling apart. The keyboard rattles, the battery lock is breaking and the screen can’t keep itself up. It cost almost as much as my MacBook, and it’s just complete shit. You may wonder why I care about cost of my work machine, but I’m a manager, I still pay for it.
As far as OSes go, Linux is still Linux, if you don’t mind spending half your life configuring it to your needs and then doing it every time it breaks then Linux is still awesome. Windows, the only plug and play option, however, has become atrociously bad. I like Microsoft, we use Azure a lot and stuff like AD and ADFS is heaven sent when you operate 500 different IT systems from as many suppliers, but windows 10 is one of the worst OSes I’ve ever operated. So again, Apple has managed to be great at OSes, mainly because their competitors suck.
I do think not having an iPhone SE is a mistake, but I also thought losing the headphone jack was a mistake, and sales have since proved it wasn’t, so who knows.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#634Earlier quoted context omitted.
I'd hope the company itself would be fine. I really hate this idea of the grand visionary. A good friend of mine who is a mechanical engineer despises Musk. I listened to a bit of his Joe Regan interview and when Regan asked him how he has the time to do all of the things he does, there are smoke jokes about him being an alien, but not once did he say, "Well I have an amazing team of engineers" and credit all the tho…
My take from the Joe Rogan interview was that Elon is preoccupied/passionate when it comes to technology and engineering. Not pointing out that he obviously has a great team doesn't seem like much of an oversight to me. He didn't attempt to hide behind a facade, playing the super-CEO role, full of faux self deprecation and verbal gold stars for his team. Perhaps I'm a little more generous in my interpretation of the…
I suppose the unfortunate thing is, that isn't his role. He can still do engineering work when he has the time, but me, the SEC, and most other humans understand the CEO of a public company has actual responsibility towards operations. Part of that means, he might not being doing his job great if he works his employees 90 hours a week and pretends they don't exist when he wants to brag on the radio. Being kind and generous with well deserved praise costs nothing and actually benefits both the company and the humans making the company work.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#635Earlier quoted context omitted.
Illegal drug use?
Marijuana is illegal, federally.
Obama, the then Candidate, publicly admitted he "inhaled". People voted for him and made him the President. Elon on a show smoked once and explicitly said it is not productive and he never smokes weed at all. Some how it is a topic of discussion every where and he lost his mind and what not. Double standards !
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#636Earlier quoted context omitted.
This should be the top comment. I absolutely feel the same about Elon. We need him in this world to save us from ourselves.
>"We need him in this world to save us from ourselves." He can't even save himself from his own bad impulses. This whole fiasco being a case in point among many. What an absurd statement to make. Speak for yourself.
No one is perfect. Perhaps we should look past flaws like this when more important problems are handled with skill.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#637Earlier quoted context omitted.
In practice, at the scale of short selling actually taking place, does it materially impact the price of Tesla shares? Is there even any way to know? Seems like a boogeyman to blame all manner of company ills on. For example, I think very few of the negative press Tesla has received over e.g. union busting or manufacturing defects is due to a short seller conspiracy. That's newsworthy stuff and the media is doing its…
Permitting and perpetuating this kind of myth-making is practically part of Elon's fiduciary duty to his shareholders at this point. You can't fault him for doing it, because he has to. You have to admit though, based on comments all over any story about Tesla here at least, that it works as a bogeyman. The only other fiction that’s more powerful is that Musk does everything he does to send humanity to Mars, save the…
Its hard to disagree with the comments.
Somethings are just not worth doing, regardless of whatever little virtue fight is at stake. Punish Musk and you handover the keys to the auto-industry kingdom to Germany and Japan on a platter.
You also risk scaring away, Musk like entrepreneurs to other countries. Emmanuel Macron wants to set up a SV competitor in France, and UK tops the world in quality universities. Germany too could put up a tough fight. Most of the world already has infrastructure to dethrone SVs dominance over creating high quality value and leadership. This is beyond countries like India and China having millions of super hungry entrepreneurs wanting to prove themselves.
Even if there is small chance of this happening, you risk losing trillions of dollars of future worth economy, talent, IP, ecosystem and culture to competing countries.
And all of this for what? A few overzealous prosecutors and short sellers on the market, all of whom are inconsequential and sometimes even a net negative to the economy.
In my country(India). Plenty of small to even large business people are known to indulge in blatant corrupt practices. Government does nothing because you rather have them at home, than compete with someone like them in a competing country.
Prosecuting Musk will make US Justice system win a tiny inconsequential virtue war, but it will be massive shooting in the foot at the country level.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#638Something's not right in the US when one of the world's top innovators and fighters for renewable energy is toppled by a tired tweet, and the unaccomplished sexual molester of a leader of the US says many far worst things on nearly a daily basis for years and gets away with it.
You have to be extremely careful with your public statements when you run a publicly traded company. Full stop.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#639Earlier quoted context omitted.
This is just revisionist history and completely wrong. Steve Jobs pretty much set Apple on the premium goods track when he returned. The iMac, iPod, iPad, iPhone were all developed under his watch and all were premium priced. Apple has pushed the margins higher but that's only because the market can absorb it. Computing is more central to people's lives and they are willing to pay a premium for a good experience.
I've started to think Apple is more competitive on laptops than it looks from the price. Every time I've priced out a laptop with similar configuration to my MBP (including a good-quality display, NvME SSD, good battery life), it always ends up costing about the same as an MBP. And then Apple's customer service definitely tips in their favor (I've been spoiled by fast, convenient, competent repair service at the Appl…
> Every time I've priced out a laptop with similar configuration to my MBP
Which one is that? Until this past July, they were consistently a CPU generation behind every other brand on the market.
I paid $800 (I think it was $899 retail) for my current 13" Dell Inspiron 7000 laptop. It has an i7/DDR4 RAM vs the i5/DDR3 in the MBP, but given the slower hard drive, let's call it even.
The comparable MBP is $600 more at $1,499.00. The display is no doubt better, but I don't know that it justifies that much more money.
Re: SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
#640Earlier quoted context omitted.
In practice, at the scale of short selling actually taking place, does it materially impact the price of Tesla shares? Is there even any way to know? Seems like a boogeyman to blame all manner of company ills on. For example, I think very few of the negative press Tesla has received over e.g. union busting or manufacturing defects is due to a short seller conspiracy. That's newsworthy stuff and the media is doing its…
Permitting and perpetuating this kind of myth-making is practically part of Elon's fiduciary duty to his shareholders at this point. You can't fault him for doing it, because he has to. You have to admit though, based on comments all over any story about Tesla here at least, that it works as a bogeyman. The only other fiction that’s more powerful is that Musk does everything he does to send humanity to Mars, save the…
> one of the most abhorrent actions a US govt agency can ever do against genuine American Entrepreneurship
This is because the current Administration is anti Silicon Valley and anti Clean Energy. It makes sense for them