noride

joined 2 years ago
[–] [email protected] 67 points 7 hours ago* (last edited 7 hours ago) (3 children)

The only reason he reversed course is because the bond market was shitting the bed. If no one was buying our shitty bonds, then they couldn't issue the debt to pay for the massive tax cuts for the rich they're about to pass. The insider trading wasn't supposed to start until the market bottomed, they will absolutely try this same play again in three months.

[–] [email protected] 1 points 14 hours ago

I am a motorcycle lover, so take with a grain of salt, but I thoroughly enjoyed The Long Way Round and am seriously looking forward to this. Also how the hell did I miss Long Way Up?!

[–] [email protected] 40 points 2 days ago

Oh, nonsense, there are many valid reasons! None of them are even the slightest bit ethical, I must confess, and most downright ghoulish, but valid they are.

You're a hopelessly corrupt judge, for example..

[–] [email protected] 26 points 2 days ago (1 children)

Don't forget about the part where the US president floated the idea of selling all the gold in Fort Knox for Bitcoins. The word crazy isn't doing this timeline justice, imo.

[–] [email protected] 24 points 4 days ago

He is self-aware at least, I'll give 'em that.

[–] [email protected] 15 points 5 days ago

I'll bet anything they don't even fire this guy.

[–] [email protected] 9 points 5 days ago

Nah that one is his wife's.

[–] [email protected] 4 points 5 days ago* (last edited 5 days ago) (1 children)

I think you kinda missed the point. To fire him would be admitting he isn't anything special which also means neither is Tesla. Ford had $48BB in Q4 revenue and trades for around $10/share. Tesla had $25BB in Q4 revenue, yet trades for $240/share. Without Elon, Tesla is just another car company and would likely lose over $230/share. They can never fire Elon. They are paid in shares. The only thing they care about is that number and absolutely nothing else.

[–] [email protected] 5 points 5 days ago (4 children)

They can never fire Elon. Without him, there's no denying Tesla is just another auto maker. And if Tesla is just another auto maker, the valuation should be significantly lower than most others because at the end of they day, they ain't sellin enough cars.

[–] [email protected] 59 points 5 days ago* (last edited 5 days ago) (8 children)
[–] [email protected] 11 points 5 days ago* (last edited 5 days ago)

I'm sure it's the games that are emulated, while all the security bullshit is what is actually dedicated hardware.

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