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Cake day: October 22nd, 2024

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  • iiitogondaily@lemm.eePresentation went well
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    13 hours ago

    I understand, I think. A fundamentally different appreciation of the world that makes me feel alien to many others. You can explain others, but they glass eye stare, as you rarely share the same axioms.

    It’s not that I want to have their problems; I just want us to have the same problems.

    You’re partially in luck: there are others that share this problem. I hope rainforest mind is still on your to-read list.



  • iiitogondaily@lemm.eePresentation went well
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    1 day ago

    I just wish I was like everyone else.

    I deal with that by contemplating the ‘normal’ life. They’ve their own problems. I’d be substituting mine for theirs. And a lot of things that come easy for me, seem insurmountable for them.







  • I guess the issues arise if Tesla just pockets the subsidy without passing on the savings to savings to people buying EVs

    This report shows that they do just that: without the emissions credit system they would operate at a loss. In other words: they sell cars for cheaper than the cost of manufacturing. Coincidentally the same thing the US and EU claims China is doing, as motivation for mercantillist tarrifs.




  • Net profits $2.3B. “Poor financial results”. How does one reconcile these two things?

    That’s 2.3B USD on a 1.29T USD valuation, or 0.17%.

    Valuations should be reflective of expected future profits. Multiples of ×20 yearly profit are possible for risky (tech or biotech usually) companies, with large potential profit. But the ratio is ridiculously off the charts for tesla. If it does not improve, it will have turned out to have been a very wastefull use of capital.