I think they will exist in 10 years but they won’t be making their largest profits from cars. It will be robotics,
These are the kinds of stories people who keep bidding up the price tell themselves.
IMO, if any car company is going to make a breakthrough in robotics, it will probably be Toyota. Unlike Tesla, they’re not faking things.
TSLA is down about 30% from 6 months ago, and down about 18% from 1 month ago.
But, it’s still MASSIVELY overvalued.
The typical, basic way to value a stock is with its P/E ratio. The price of the stock compared to its earnings per share. Even after this “bloodbath”, Tesla’s P/E ratio is approximately 175.
What’s a P/E ratio for a typical well run car company? Toyota’s P/E ratio is approximately 10. GM’s P/E ratio is about 35. Mercedes-Benz is at about 9.
Tesla just had a disastrous earnings report. The Cybertruck was the least successful automobile ever produced. The man most associated with the Tesla brand is toxic to the left, and the people who might want to buy a pricey EV are mostly lefties. To me, the highest Tesla’s P/E ratio should be at this point in time is maybe 10. To achieve that, its price would have to be approximately 1/20th of what it currently is. It would have to lose 95% of its current value. And, that would just be treating it as a reasonably well run car company that maybe had an off quarter.
Looking at it another way, Tesla sold approximately 1.5 million vehicles last year. Toyota sold about 10 million. If investors were sane, Toyota would be valued at approximately 7x Tesla’s value. Instead, Tesla is valued at $1.2 trillion, but Toyota is valued at only $200B.
Right now, 1000 shares in Tesla would cost you about $300,000 USD. If someone offered to sell me 1000 shares for only $3000 USD, on the condition that I couldn’t sell them for 10 years, I wouldn’t buy them, even at a 99% discount. I honestly don’t think Tesla is going to exist in 10 years.
Hmm, yeah, if it is the desktop environment that’s having issues, that could be hard to recover from. I’ve never had that happen, or even heard of it happening. Maybe try out Gnome? Or try reinstalling? it doesn’t sound like a normal problem, and if it’s not a driver issue it could be just reinstalling will be enough to get things working.
Hmm, I don’t have any experience with USB speakers. I wonder if it’s using a standard driver or a custom one.
Snaps, and things like it, are really the only one I can blame on “Linux” (or at least Linux distributions).
I’ve had annoying headaches with drivers for 20+ years, but I expect that because Linux just doesn’t have enough users for most companies to bother making sure they have working drivers for Linux. I’ve been annoyed when some software or some tool or process isn’t as polished as the Windows version. But, mostly that’s something I got for free thanks to someone donating their time and effort, so I don’t want to complain about that.
But, I hate it when a major Linux distribution decides they’re going to ignore the standard way of doing things and only do things in their unique way. It often seems like one vendor / distributor is trying to build a walled garden and lock people in. It’s similarly annoying when vendors try to funnel people towards their “enterprise” version by making it harder to install certain apps that are “enterprisey”.
I get that it’s hard to make money selling Linux distributions. But, that’s what you signed up for. You don’t get to start behaving like Microsoft because it turns out to be hard to sell open source / free software.
Is it a bluetooth issue itself, or an issue with the drivers for that particular bluetooth hardware. Imperfect drivers has always been an issue under Linux, and will remain an issue as long as Windows has over 90% market share.
Is it your display driver that’s freezing? I’ve never had issues with one thing freezing the PC. The only time I’ve had it seem like that was the case was when it was the nVidia drivers that were having issues. But, that situation is much better than on Windows because I was able to SSH into the machine and everything seemed normal over an SSH connection. It meant I could shut things down gracefully and then eventually do a clean reboot. Meanwhile, the screen still looked as if the computer was locked up.
That’s weird. What kind of speakers do you have? Ye Olde Fashioned analog speakers tend to be hardwired for left and right. Of course, you can flip that in software, but unless you’ve touched that setting it should just work.
Sure professor. Keep digging that grave.
aims to
Aims to. As in, has never once reached. So, you’re suggesting that in a state that has never happened, but theoretically could happen, then it’s OK to have a for-profit business.
What about in the real world?
That’s an “if” big enough to drive a train through.
There has never been a classless society where everyone’s basic needs are met. So, pretending that that’s the starting point for this hypothetical is a sign you’re pretty desperate.
And which of them thought that communism without capitalism allowed someone to run a for-profit business?
You mean, whatever Marx says.
No, private property is things like a coat and shoes.
If someone owns an industrial lemon juicer, that’s part of the means of production, and must be collectively owned. Sorry Jenny, you can’t have a lemonade stand.
In fact, Jenny’s parents are allowed to own a small lemon juicer as part of their personal property. But, if Jenny tries to use that juicer for her lemonade stand and charges money for her lemonade, that juicer is now part of the means of production (as are the lemons) and she’s now operating an illegal enterprise.
The USSR and other supposedly “communist” governments all eventually allowed some capitalism in their economies, because 100% pure communism simply didn’t work.
So, you’re in favour of private ownership of the means of production?
I’m considering getting one. I currently have a nearly silent computer working as a HTPC but I can’t play games on it. I can get around that with Steam Link, but that isn’t ideal. So, it would be an upgrade that would let me play games on my living room TV without needing to tie up the gaming computer.
The other thing it looks ideal for is a travel computer. Gaming laptops suck. Often they’re absurdly expensive. When they’re decently powerful, they’re almost always obscenely loud. That fan whine really bothers me. Plus, they almost always have major Linux compatibility issues. The current laptop I’m using with Linux has weird driver quirks. Like, for example, to re-enable WiFi after it goes to sleep I need to wake it up from sleep, turn on airplane mode and then turn it off again. Only then will the WiFi work again. And getting an external monitor to work after sleep… ugh.
Also, I think it’s easy to underestimate the value of what is effectively a Linux gaming console. I’m almost exclusively a PC gamer these days, but one thing I always appreciated about consoles is that you never had to ask “will this game run well on my console?” 99.9% of the time, if a game was released for a console, it was optimized for that console. Even when a game was multi-platform like say FIFA, each console got a build that was as good as possible for that console. For PC games, I think that means most developers will have a Gabecube and ensure all their games run as well as possible on it. The fact that it’s Linux-first is also important to me. It means any drivers or software updates will be tested and optimized on Linux. It won’t be an afterthought like it is most of the time.
So, this machine is nearly silent, runs Linux, and plays most of the games in my Steam library. It’s expensive, but maybe it’s worth it?
So, no mom and pop shops? No lemonade stands? No independent book stores? No family farms? Nobody allowed to sell homemade quilts or paintings?
For me: Gnome + extensions.
The default Gnome feels way too locked down to me, and I don’t like some of the choices. But, with the right extensions “locked down” becomes “simplified enough to get out of your way”.
nVidia is completely tied in to the whole AI bubble. I don’t know if it will survive once that pops.