Why? Some new hardware may get announced, but surely these have been getting progressively less exciting every year for decades. Hardware has been 'good enough' to not be that exciting any more for more than a decade.
What do you plan to do after that? Not having to do something is great, but do you have a particular positive agenda that makes you excited to think about?
I used to be in game development industry before I bailed for (much) better salary in tech. I'll probably start scratching that itch full-time by forming a small indie operation. Also be there to see my children actually grow up =)
why would it moon (again)? Toyota produces 7-8x the amount of cars per year, has orders of magnitude more profit, and has half the market cap. What makes tesla more valuable than other major car manufacturers with higher profit?
Maybe "orders of magnitude" was a misstatement. looks like ~12 billion (tesla) vs 53 billion (toyota). Maybe I'm a stock noob, but profit margins seem like an arbitrary silly metric to care about. What does it really mean? I could could make something for a dollar and sell it for 2 and my gross margin is 50%...but that doesn't mean i have more money than tesla. Profit margin is just an indirect measure of if you are doing ok, but at the end of the day money == money. Higher profit margin does not mean you have more money relative to your competitor, unless you can keep that profit margin AND beat your competitors in quantity sold.
The real tangible value would be cold hard cash which toyota has more of. Cash on hand for toyota is 76 billion. Tesla is 12 billion. Toyota has nearly 3x the employees but earns ~55k more per employee (profit/employee).
As an investor, you want to put your money where the growth is. A high profit margin means people value the product highly and you don’t have competitors driving you into a commodity business.
If you made something for a dollar and sold it for 2, how? How did nobody see this chance? Why don’t you have an army of competitors driving that price to 1.05? This isn’t selling a single ice cream at a beach, it’s selling millions across every beach on the planet, where there are many existing vendors.
Tesla is supply constrained and can’t sell cars fast enough. Toyota is likely near their peak.
Investors don’t invest for who has “more money” (who cares? You get 1/n of that, it’s priced in) they invest for who can grow their money.
The car sales growth yes, hasn't happened but its more or less priced-in. But most Tesla long-term investors are much more excited about other things the company does.
We have different perspectives, you regard Tesla as an automotive company only, I regard it as much more. Time will tell. Even if it doesn't pan out I've only have a small percentage of my total net worth in it so it won't hurt much financially. It will just take an extra decade to FIRE.
The integration of LLMs with compilers. ChatGPT is useful as is for writing code given a prompt in English, but often the code for a compiled language needs some tweaks before it will compile, which ChatGPT can provide given the compiler error message(s). Integrating ChatGPT with a compiler such such as gcc, to eliminate the manual cutting and pasting, is low-hanging fruit.
New EU regulation that all banks who support bank transfers also have to offer real-time bank transfers at the same cost. Pessimist in me thinks that means the cost of regular transfers will raise slightly. No more waiting 3 business days to move my money from one bank to another.
EU bank transfers are free but they take a day but you also have the option to make it instantly, sometimes paying a small fee like 1€ or so. I have never had to pay, though.
I bought two condos as investments across the street from a hospital just a few blocks from where I live and it's been popular with travel nurses. My plans are to rent out all three of my properties while collecting the rents each month and traveling across country and waking up in a new city every week. It helps that I work remotely. In addition, I've been working on a media project for my own side hustle and I'm hoping that'll be live and popular in the next year or so.
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[ 3.0 ms ] story [ 75.3 ms ] threadThe real tangible value would be cold hard cash which toyota has more of. Cash on hand for toyota is 76 billion. Tesla is 12 billion. Toyota has nearly 3x the employees but earns ~55k more per employee (profit/employee).
If you made something for a dollar and sold it for 2, how? How did nobody see this chance? Why don’t you have an army of competitors driving that price to 1.05? This isn’t selling a single ice cream at a beach, it’s selling millions across every beach on the planet, where there are many existing vendors.
Tesla is supply constrained and can’t sell cars fast enough. Toyota is likely near their peak.
Investors don’t invest for who has “more money” (who cares? You get 1/n of that, it’s priced in) they invest for who can grow their money.
Yes, but a reasonable price. Whereas, Tesla is priced as if the growth had already happened.
EU bank transfers are free but they take a day but you also have the option to make it instantly, sometimes paying a small fee like 1€ or so. I have never had to pay, though.
Getting my freelancing software business making money.
Enjoying life.
_Maybe_ try to find a wife.
enjoying the new zelda (slowly, no need to rush through)
working on a fairy tale book with my kids
dyson vacum cleaner with laser (fun)
recording a new dj mix