No, other automakers did not have a spike in need. Tesla holds back on sales to goose quarterly profits now and then. It’s not that different from shifting CapX around to even out quarterly results, which everyone does, but it’s still an accounting trick. They have an established history of doing it, and they always…
marimvibe, new packaging, same great taste
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There baseline credits sales aren’t suspicious. It’s when they double the sales of the credits without doubling production, in a quarter where they would’ve otherwise had a loss, that’s the issue. It’s not as bad as when they used to save up their credits all year and sell them in Q3, just to get a “profitable”…
Tesla doesn’t sell their cars to dealers that mark them up further, but does not take their owned dealer network into account for cost of sales.
That reminds me, I need new jorts.
But...it can mean reducing the overall number of infections, because by flattening it enough you can get the number of cases down to where contact tracing becomes effective again.
The work stations for assembly lines or machine shops probably aren’t that bad. It’s the communal areas that are an issue - cafeterias, bathrooms, etc. We’re still running pretty much full capacity in the shop, and get an email or two a week about someone being diagnosed.
I feel like I could’ve been a contender here with some of the times I stuffed my dorm room into a ‘99 Cougar. This being long enough ago that it included a desktop, 17" CRT, and an AIWA stereo.
It’s not the Tiburon with LIDAR I was hoping for, but maybe it’s ill-tempered?
We took our ‘90 to a self-service car wash one day. After rinsing the roof off, there was more paint on the wall of the car wash than the van. No exaggeration.
Even with the airlines, they’re talking 2022-2023 to get back to 2020 levels. Which means after all that, they’ll have averaged three years of zero growth. So “will come back” still means not as much demand as projected before. And when they do come back, there will be basically no MD-80s, 747s, or A380s anymore, so…
Buybacks and dividends are what blue chip stocks are supposed to do. There’s limited growth potential in saturated markets, and shareholders invest because they pump out cash.
It’d be interesting to see the full study, but that link goes to the Wall Street paywall. But from the summary...
2nd: You know 80% of that executive pay comes directly out of shareholder pockets through share dilution, right? And that overall Ford pays out about $19bn annually in salaries overall?
Yeah, this is ridiculous logic. Especially seeing as how the employees can actually cash out; if Musk were to liquidate the, what, 95+% of his wealth that’s tied up in Tesla stock, it would crush the stock and destroy his net worth before he could pull significant amounts out.
On the immunity side, it’s obviously too early to tell if it lasts years, and still even too early to tell if it lasts months. You need a sizeable, varied cohort of people that are confirmed positive and confirmed negative and track them for a while if you really want to understand the longevity. And if immunity lasts…
So...here’s one of the interesting things about a lot of people without scientific backgrounds suddenly reading a lot of science-based journalism. Take for example this release from the WHO: https://www.who.int/news-room/commentaries/detail/immunity-passports-in-the-context-of-covid-19
I think as long as society can ride out this current wave of massive restrictions, we can get active cases down to a manageable level where we’ll back into having enough testing capacity to effectively contact trace from there, and get back to a more South Korea like situation. But the stuff that’ll make contact…
Correction: we’re less than 1% of the population confirmed positive. Likely cases are 5-10x higher than confirmed, so in some places like NYC the population may be above 10% infected or recovered. It’s not 70-80% as predicted for immunity, but it’s the start of a buffer and should slow further outbreaks.