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Tesla stock falls again, toward longest losing streak in more than 4 years
221–230 of 387 posts
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#222Earlier quoted context omitted.
>Is there any rationality in giving one man (POTUS) more power than all the other 320M citizens combined? Arguably more power than ALL the other humans combined. The argument here would be that running a country requires fast decisions. Putting that in the hands of millions wouldn't allow us to respond fast enough. The rational decision here is to choose a representative of the people, allowing that person to make de…
> > Its berfectly rational to trade speed for accuracy depending on the situation. Sure but at that point isn't it better to have a lottery to establish who gets to be POTUS instead of going through the motions of campaign expenses and constant media coverage just to shove down people's throats the idea that POTUS is much better and more qualified of a person than all the other citizens combined? > > One of those is…
>Sure but at that point isn't it better to have a lottery to establish who gets to be POTUS instead of going through the motions of campaign expenses and constant media coverage just to shove down people's throats the idea that POTUS is much better and more qualified of a person than all the other citizens combined?
The point is to find a person that is qualified and represents the will of the people. Electing a president is a tradeoff between efficiency and accuracy. A lottery would be much more efficient, but much less accurate in finding the "best" candidate for president. Elections are less efficient, but better than a lottery at choosing a competent and representative candidate.
>You just described survivorship bias: Movie with Daniel Day Lewis is better because Daniel Day Lewis is in it.
That's not survivorship bias. I fully admit that other actors could be better, and I'd imagine that many others do also. The point I'm making is that I have much more data on Daniel Day Lewis than I do on any random actor. As such, a rational individual will take that into account when deciding on a movie.
It's random chance that Daniel is famous. However, now that he's famous, we know much more about what he brings to a movie than most other actors. It would be irrational to ignore that info, regardless of how we got it.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#223Earlier quoted context omitted.
Tesla could go out of business or become a takeover candidate. Electric car subsidies are on the line in many cases in EU. And the coolness factor in contrast to other established brands was clearly damaged by Elno's escapades - and it's not getting any bette
> or become a takeover candidate. Why tho? It’s not like they’re really good cars, the build quality is sub-par, as you note the brand has really suffered, the home-grown tech would be difficult to integrate, and the automation a liability. The supercharger network seems like the major asset someone might be interested in. And secondary would be a pretty strong software team as historic manufacturers have had a hard…
They are really good cars actually (FSD Bulls** excluded)
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#224Earlier quoted context omitted.
I agree - Musk's behaviour is harmful to his personal reputation, his businesses, his investors, and sometimes beyond. Also utterly unbecoming a CEO of companies which routinely have human life at risk, serve critical national security interests, etc. (Yet I would not bet against him making a success of Twitter, as he has Tesla and SpaceX.)
Maybe what’s wrong isn’t his behavior, but how you expect a CEO to act?
I’d expect a CEO to act like an adult.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#225From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…
The price-earning ratio for Volkswagen is 4.4 on the 22nd of Dec, Tesla still has a ratio of 38.05. That is partially based on the hype of a full self driving Tesla. That promise looks like it won't materialise anytime soon. Other car manufacturers are also catching up on the EV market. The Tesla share price will likely been going downhill for a while.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#226Earlier quoted context omitted.
I've had a Model 3 since 2018. You can see earlier in the thread that I am not a raging Musk fan, in particular of his public behaviour over the last few years. But a couple of these concerns are may be just because of the short experience renting? Door handles: for the first week or so they seemed awkward, but I've been opening with a single hand ever since. The design is very similar to various exotic sports cars -…
Why would someone buy a car that gave a bad experience when rented, on any point? I would think that "renting bad" would be a huge problem for sales.
No idea why; one guess is that it didn't occur to Tesla to worry about test-drivability and rentability yet. Probably hasn't harmed them so far because the brand has a fan following, of people happy to spend a few hours learning these details up front. Could become more of an obstacle for Tesla when there are five brands of really good electric cars, designed to test-drive well, available for immediate purchase at dealers.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#227Earlier quoted context omitted.
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Poland bought for Ukraine more than half Starlink terminals. https://www.thefirstnews.com/article/ukraine-uses-over-11000...
The expensive part is not the terminals, it is providing continuous reliable service in a hostile environment with a determined adversary.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#228Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#229Earlier quoted context omitted.
> > Its berfectly rational to trade speed for accuracy depending on the situation. Sure but at that point isn't it better to have a lottery to establish who gets to be POTUS instead of going through the motions of campaign expenses and constant media coverage just to shove down people's throats the idea that POTUS is much better and more qualified of a person than all the other citizens combined? > > One of those is…
>Sure but at that point isn't it better to have a lottery to establish who gets to be POTUS instead of going through the motions of campaign expenses and constant media coverage just to shove down people's throats the idea that POTUS is much better and more qualified of a person than all the other citizens combined? The point is to find a person that is qualified and represents the will of the people. Electing a pres…
> > The point is to find a person that is qualified and represents the will of the people. Electing a president is a tradeoff between efficiency and accuracy. A lottery would be much more efficient, but much less accurate in finding the "best" candidate for president. Elections are less efficient, but better than a lottery at choosing a competent and representative candidate.
The random winner of the lottery would try just as hard to follow the will of the people in order to be popular and convince the population to postpone the next lottery as much as they possibly can and thus stay in power.
> > It's random chance that Daniel is famous. However, now that he's famous, we know much more about what he brings to a movie than most other actors. It would be irrational to ignore that info, regardless of how we got it.
Or maybe it's not about the acting, but the budget allocated for promotion and shoving the movie down people's throats, see the huge flop of By the Sea (2015) starring Angelina Jolie and Brad Pitt who were also directors and producers. Only 10 million as the budget, which pales compared to the big studios mega-budget movies they ofter star in. And so with zero promotion Brad Pitt and Angelina Jolie are just regular actors and nobody went to see them. Even their fans do not know of this movie.
https://en.wikipedia.org/wiki/By_the_Sea_(2015_film)
Similarly the election circus and the huge media coverage it generates are the promotional service for the would be POTUS, shoving him down people's throats and convincing the population that he's the most qualified.
> > It's random chance that Daniel is famous. However, now that he's famous, we know much more about what he brings to a movie than most other actors. It would be irrational to ignore that info, regardless of how we got it.
You say information, for me it's promotion. Promotion is the opposite of information. If I were to give examples
It's always the dollar amount and human-hours spent on the promotion which matters.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#230Earlier quoted context omitted.
Poland bought for Ukraine more than half Starlink terminals. https://www.thefirstnews.com/article/ukraine-uses-over-11000...
The expensive part is not the terminals, it is providing continuous reliable service in a hostile environment with a determined adversary.
These are satellite terminals, or are you suggesting that the Russians are threatening Starlink's satellites?