Yup, that Larry Ellison. I'm not sure whether this is good news or not.
He invented the cloud
Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
151–160 of 358 posts
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#152Earlier quoted context omitted.
Whenever I read this and the java guy Gosling they are incredibly negative about Oracle. One wonders if there is something behind all this as it appears they were figures of respect and authority at their previous company. But upon being consumed by Oracle was that still the case? I get the impression that there is underlying bitterness and resentment festering here due to something like that.
Well Java guy got his picnic canceled by Oracle as he detailed on his blog. If I had been dreaming of eating hot dogs at picnic for months and it got canceled at last minute I wouldn't be happy either.
Important detail is that the picnic was fully paid already with no refund; cancelled because why should ex-SUN have fun/higher salaries, when the rest of Oracle haven't?
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#153Earlier quoted context omitted.
> Surely it has some benefit for the society that lives under it? It does seem that societies with generally capitalist systems flourish to a much greater degree than societies that are organized under any other dominant economic system.
That really depends on what your definition of "flourish" is. The United States is really the only country that has "flourished" under a capitalist system and that's only if you define that through the definition of capitalism which is to say that there is more capital in the US than in other nations. Attributing that to capitalism, though, and not to years and years of industrial progress, human slavery, and, arguab…
There are no affluent, liberal Democracies that do not utilize a free market based economic system, ie some formulation of Capitalism.
Sweden, Norway, Finland, Denmark, Netherlands. Five of the wealthiest countries on earth, and generally considered five of the best to live in. None of those are Socialist systems. They all use the free market as the basis of their economic systems. Some with more or less government regulation, and with varying degrees of a welfare state. The same is true of the US, Canada, UK, Australia, Germany, Japan, France, Switzerland, etc. All have private ownership based economies, allowing for the vast accumulation of private wealth via business and asset ownership. Germany for example ranks #3 in billionaires globally, and Sweden ranks near the top in billionaires per capita. That is impossible under any implementation of Socialism, which requires state ownership of the means of production and does not allow such accumulation of private wealth.
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#154Earlier quoted context omitted.
Yes, Oracle is bad. No, I don't love or even like them. But quoting Bryan's dramatic speeches every time Oracle or Ellison are mentioned is adding next to nothing to the discussion at this point. It's a great way to incite anger though.
My point is that this doesn't bode well for Tesla. My biggest complaint with Tesla is that they don't provide service manuals or have an open parts department for their vehicles. For comparison, pretty much every other major auto maker will sell you a book telling you how to fix anything on your vehicle, and will sell you the parts and special tools to do so. Not Tesla, and given what we know about Ellison, I very mu…
Actually, afaik, every auto maker used to be like this, and the only reason they provide those manuals is because they are required to by law in some states: https://en.wikipedia.org/wiki/Motor_Vehicle_Owners%27_Right_...
This is not a new problem, and consumers have been fighting to get quality documentation from auto manufacturers for decades now, but manufacturers don't want to give it voluntarily because it cuts off their dealerships from recurring repair revenue, where they make most of their profits.
I think the only reason Tesla doesn't comply yet is because they probably don't have any physical presence in Massachusetts, which passed the law in 2013.
We should all be ashamed that our government is so bought and paid for by the auto manufacturers and dealers that this information isn't mandatory to be made available online.
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#155Oh wow. I was pretty much decided that my next car will be a Tesla Model 3. With Ellison? Nope nope nope. I don't want to support people like that.
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#156Earlier quoted context omitted.
The contemporary competitors to the US with different economic fundamentals (China and the USSR primarily) also experienced/inflicted slavery, immoral behavior, and industrial progress, yet they didn't see nearly the same level of economic or societal development for the overwhelmingly vast majority of their population over their time of heavy-handed central planning economics. If you knew you'd be assigned at birth…
How much of this is simply that capitalism is more efficient at producing weapons of war, and the US was able to force the USSR and China to spend significant resources on defense?
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Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#157Earlier quoted context omitted.
Well Java guy got his picnic canceled by Oracle as he detailed on his blog. If I had been dreaming of eating hot dogs at picnic for months and it got canceled at last minute I wouldn't be happy either.
Important detail is that the picnic was fully paid already with no refund; cancelled because why should ex-SUN have fun/higher salaries, when the rest of Oracle haven't?
That sounds like a horribly toxic company. As expected of Oracle.
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#158Earlier quoted context omitted.
Yep, I've stopped being annoyed by seemingly repetitive comments. On any given topic there is always both a gtirloni who has heard it a million times and a warent who never has.
Oh I love repetitive comments. Top comment on every article about an advertising company -> "remember! you're not the customer! you're the product!" followed by a bunch of folks praising this profound insight.
There's herds upon herds who do not realise that "profound insight" because of a lack of transparency. So when truth is being unleashed about e.g. Facebook, it allows for people to be waken up.
(FWIW, it has worked for me, though yes it was annoying.)
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#159Wow, what is he bringing to the table?
Hopefully about $30-50 per share in "market confidence" in the midst of a bear market. Otherwise Tesla probably goes bankrupt in March.
Tesla just reached profitability last quarter, and is likely to turn a profit this quarter as well. They might not even need to raise more capital if they keep up with Model 3 demand coming from the US, Europe, and China next year.
This is a far cry from bankrupt in March.
Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors
#160Dupe https://news.ycombinator.com/item?id=18776883
True, though HN title does not mention Kathleen Wilson-Thompson. The original title and body do.