2nd:

Frankly, I don’t believe it.

With automakers and suppliers promising solid state batteries in just a few years that hold the promise for lifespans well in excess of the life of the body of the vehicle AND charging times not significantly different than the time it currently takes to refuel, I don’t think fuel…

Sorry - I’ve just learned to jump to that sort of conclusion. The company I work at has several facilities around Appalachia, and while the area certainly struggles, there are still plenty of residents who are wealthy....

It sounds like you’re missing the point - its not how much your vehicles are worth. It’s how much YOU are worth.

If you get into an accident that is your fault and seriously injure someone, there is the very real possibility that you could lose everything you have, regardless of what your vehicle is worth. THAT is…

“Most people aren’t going to pay for collision on a 10-yr old car, or any car that’s paid off (because insurance will likely total it anyway). “

Terrible assumption there. If I pay in cash, it’s paid off and so I would just accept the significant loss if I drive it off the lot and total it a block later? Even if you…

“over insure” is really a question of the assets you’re protecting. If you have a net worth of $0 and assets of $10,000, you’re overinsured at $300k/$100k. If on the other hand you have a net worth of $5M and assets of $6M, you’re seriously underinsured...

Coverage of 20 million GBP is many times what the average person in the US has coverage for....

Good grief those rates are high.

We have two vehicles and *combined* their total cost isn’t as high as the cheapest vehicle to insure they have on this list. And that’s with comprehensive coverage with low deductibles and $2 million + in liability coverage. Even when I use their tool to see the averages in my state,…

I’m worried for your company.

No one is saying to ignore the outlier, btw - but simply that you can’t use the data to make any rational conclusion... your approach implies that you should leap to conclusions on small amounts of data.

There’s nothing inaccurate about it - its simply understanding statistics. If you take from a small sample and see a high rate, you sure as hell better check that you didn’t simply catch an extreme outlier.

Think of it this way - you have a 20-sided dice and two people doing the experiment. Person A rolls the dice…

“but on the flip side, how many pedestrians were hit yesterday by people driving their own cars?”

Of course, as a % of vehicles on the road, the stats instantly look worse for self-driving vehicles now than for those driven by humans. That’s a bit of a statistical anomaly, though - similar to how the gun lobby wants us…

2nd gear:

Of course it will.

If you actually go to your local steel supplier, you’ll find prices have already jumped - 10-20% in our area, and the quotes they’ll give are generally now only good for 24 hours instead of weeks.

I don’t get the impression at all that he was complaining about losing any money - on the contrary, he says he wouldn’t change anything he said. But when you’re interviewed like this, in a position like he has and with stances he’s taken that have led to people boycotting his show, a natural line of questioning from…

Neutral:

Two primary concerns about Tesla existing in 10 years:

1) Will they be able to continue to find new investors to pour new capital into their business? Because they’re showing no signs of ever approaching profitability or stopping their cash burn, so they’re going to need constant streams of new investors as far…

OTOH -

Higher interest rates aren’t necessarily bad, depending on the payoff terms. A family member recently picked up a Ford Escape they were planning on paying cash for - but took a financing deal that had a relatively high interest rate for their credit score (significantly higher than elsewhere), but after 4…

Pulled over? How does that work? I’ve never been pulled over.

Same thing happens here in Ohio.

Hell, we even had one suburb a few years back decide to kill off their miniscule payments for a bus line that went from the city out to the amusement park in their village. Too expensive / too socialist / too brown, etc.

Turns out that a lot of local businesses were relying on that bus…

It is Texas, so I can guarantee you they spend significantly more on high school football stadiums.

#priorities.

No idea for certain how people get to their games, but the vast expanses of parking lots suggest that they tend to drive themselves. Hell, even in Cincinnati, where there isn’t a lot of parking near the stadiums hardly anyone takes mass transit to the games.

It wouldn’t be “many decades”. The average car lasts 15-16 years nowadays. So within about 8 years, over half of the vehicle fleet would be of the newer type where 100% would require premium. Of the older half of the vehicle fleet, some would require premium and the rest would happily run on premium, but not…

I did years ago when I had my old Taurus - I’d abused the car with short trips for years where the engine never really warmed up. By the time it was ~13 years old, it would develop an occasional ping when under heavy load. Switching to 89 octane was enough to prevent it from happening, and a cheap solution for an old…