prolly_a_moron
The comment was 4 hours old, based off a Seeking Alpha news bulletin (I should have known better) and was prefaced with "it's my understanding..." which left it open for you, or anyone else, to correct.
What exactly are you out to prove here?
But per stock price is the "valuation".
My comment re: being detached stems from the fact that on Day X, you can buy Tesla for price $Y. Then Tesla sells more shares (dilution). So now each individual share represents a smaller proportion of company ownership...yet the next day people are willing to pay more for that smaller ownership.
Obviously there are far more dynamics at play; but generally, dilution should cause the price to drop.
Editing because I think we were talking past each other. Yes, I didn't mean this specific event. I tend to meld all these TSLA threads together in my mind.
Do you understand that Tencent bought shares in a secondary offering? Apparently you do, you said it. Not sure what you're arguing. Do you understand the purpose of selling shares is to raise money for operations?
I don't need to read a filing to know that when you create shares out of nowhere, and sell them, diluting current shareholders, it's a capital raise. What else would you call it?
Yep. Building cars for the mainstream is a low-margin, capital-intensive business. That doesn't go away because Musk is brilliant.
The stock is detached from reality.
It's my understanding that this was another offering, so, essentially, Tesla sold 5% to Tencent at an average price of $217 and change. Current shareholders get diluted. Prices go up.
I don't get it, but I'd love an explanation. Were people, prior to these capital raises, concerned Tesla couldn't raise any more money? That would make sense, but certainly isn't the sentiment I gathered from my travels.
The guy at the top of this thread who said "Shorts can't buy a break".
It's at least arguable that these sorts of capital raises are exactly what the shorts are looking for.
For sure.
I live in a place where there are line ups at GAS stations during the busy season. Imagine everyone trying to charge while on a trip? That "half an hour to stretch my legs and eat" becomes a queue of everyone doing the same.
What's amazing are the longs seeing capital raises at mediocre terms as a wide open positive.
Is your default position to assume there's an agenda behind every invitation?
You don't think the same shallow people judging your looks will judge your plastic surgery?
So all these humans are just hanging around waiting for it to snow so that they have the pleasure of driving other people around? The market will react instantaneously?
Or are they doing other gigs in the meantime, like delivering people's lunches, laundry, groceries et al?
How has any of this made you better off? You make it sound as if "taking two years off" in your late teens/early twenties is a major issue.
Personally, I wish I would have seen more of the world after high school and before college.
If "doing the best we can" is too low of a standard for research, then it's all garbage. Yes, there are many problems with some of the research out there, but you deal with it, not ignore it all. The purpose is to reduce uncertainty, not "get the right answer".
Am I missing where the ad says it's a genuine Apple product? I see that it says "compatible", but that's clearly a fake to me. Not that it wouldn't trick some people, but I can't really blame Amazon for that. It's a knockoff.
I think if someone goes onto Amazon and buys a phone charger for half the price of a genuine charger, that's a different problem than paying for and receiving a "genuine" charger that turns out to be fake.
That's the style. Personally, I dig it, and enjoy (and recommend) everything he's done. I love his use of music and old, stock footage. And he always has an interesting thesis, agree with it or not.
Hah, "it" being ready as in the technology, not society. Poor writing on my part.
But I guess either works.
Wait a minute: I don't think the argument is whether machines can drive better than humans. It's whether these companies that are desperate to make money (Uber, Tesla) are pushing potentially dangerous technology on to society before it's ready.
Case in point: 95% of the supplement industry.
That's the story their PR spins. Luckily they don't make the laws.
You think this idea of, "He's not my employee, he's a contractor!" as a way to avoid employer obligations is new? That's a laugh, and it's the reason these laws exist.
Because consumption taxes are the most efficient form of taxation. You want a private chauffeur? Pay up.
>Lower fares mean more revenue for drivers and Uber
Huh? Only if the driver is working a lot harder.
This is under dispute, and I think you're going to find that governments around the world disagree with you.
No, but you did say "Who in the right mind would propose cutting EPA budget". I would think about it, as I hope my elected officials would.
>but 31% is a lot. Perhaps they need to convince me their cutting will yield to better spending
This is fair.
Once set, the EPA budget is untouchable? That seems like a terrible way to run government. I'm not for or against the budget cut, but I don't think anything should be off-limits.
>do not support Trump
You don't say....
>If one day voters are given a secure voting application they can vote on all issues, it will be great.
I think you'd be surprised for how many people "internet privacy" is completely and utterly irrelevant to their daily struggles.
If you're going to brag online about your investment performance, post your anonymized brokerage statements. Otherwise, you're just another person who's full of it.
Yes it does. Have you looked at how the BLS calculates the market-basket they use for CPI calculations? It's determined by actual spending by actual people on actual goods. This information is public:
"Knowing that consumers are constantly offered new items to include in their market basket, how do changing market baskets influence the CPI? The answer is not unambiguous and depends on the importance of the change in terms of total expenditures by consumers."
Maybe I don't have any 250MB files to open?
If VSCode doesn't fit your use case, don't use it. There are innumerable alternatives. But what purpose does it serve to tell the rest of us (who like it) that it sucks?