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 Post subject: Re: Hats off to Elon Musk
PostPosted: Wed May 30, 2018 4:17 pm 
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chijohnaok wrote:
Nero, since you cannot stomach listening to Tim Pool, here is another YT'er who has covered the issue:



This guy is a Romanian, a European, no doubt more enlightened to discuss the issue than Pool, an American. :roll:

Enjoy the video!

:puke:

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Wed May 30, 2018 4:59 pm 
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Nero employs weaponized vomit?

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Wed May 30, 2018 5:43 pm 
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nero wrote:
chijohnaok wrote:
Nero, since you cannot stomach listening to Tim Pool, here is another YT'er who has covered the issue:



This guy is a Romanian, a European, no doubt more enlightened to discuss the issue than Pool, an American. :roll:

Enjoy the video!

:puke:


Romanians are not acceptable either?????

What....do I have to find a Finnish guy (that agrees with you) whose done a video on this Elon Musk topic?????

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Wed May 30, 2018 6:29 pm 
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chijohnaok wrote:
nero wrote:
...
:puke:


Romanians are not acceptable either?????

What....do I have to find a Finnish guy (that agrees with you) whose done a video on this Elon Musk topic?????

Image

Just stop it. :twisted:

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Wed May 30, 2018 7:07 pm 
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Very well.

Maybe Nero will be able to read and believe an article from Vox:

https://www.vox.com/the-big-idea/2018/5 ... es-reality

Snippets:

Quote:
When it comes to Tesla, the facts are not on Musk’s side. Musk’s latest of many problems is Tesla’s inability to ramp up production on the long-anticipated Model 3, which he had portrayed as a $35,000 electric car for the masses — an electric Model T of sorts. Indeed, based on the 400,000-plus deposits that consumers placed for Model 3s in 2016, two full years ago, demand for a more affordable, high-quality, long-range Tesla vehicle exists.


Quote:
But so far, at least, the $35,000 Model 3 is essentially a tall tale. The lowest selling price of a Model 3 has been well above the target $35,000 that Tesla lists on its website. Tesla has been choosing to fill only orders that include significant options, including a long-range battery pack ($9,000 extra) and the premium interior package ($5,000). Autopilot? That’s another $5,000.


Quote:
A $50,000 car may be fun to drive, but it is not a car for the masses. Musk had previously said that orders for the $35,000 base model would start to be fulfilled when production for the premium model reaches 5,000 cars per week, a target he has repeatedly stated is just around the next bend in the road.

Tesla’s inability to reach this target is the result of a combination of hubris leading to self-inflicted delays (an overambitious attempt to automate production, for example) and the fundamental challenges inherent in designing and mass producing a modern vehicle. Either way, the mass market remains elusive. One wag wrote, “There are fewer [$35,000 Model 3s] on the road today than there are Teslas floating through space.” Ouch. When you live on a narrative as Tesla has, you open yourself to painful counternarratives.


Quote:
Here’s the dynamic that explains Musk’s Twitter outburst: Tesla is clearly struggling to reach production levels that will justify its valuation. Musk has no facts with which to counter the media reports, and it is illegal for him to lie about these numbers. (Hype is one thing; lying to investors is another.) His Orwellian solution is to convince Tesla fans that what they are reading is not true. The stakes are high. Tesla’s $1 billion-per-quarter burn rate makes it very likely that the company will need to raise a couple billion dollars in the fourth quarter of this year.



That's enough snippets.

You can read the complete article at the above link

If Vox isn't acceptable to you then I give up.

PS:
Here are the authors for the above linked article:
Quote:
Brent Goldfarb is an associate professor of strategy and entrepreneurship at the University of Maryland’s Robert H. Smith School of Business. He drives an e-Golf and previously drove a Nissan Leaf. Find him on Twitter @brentdg2. David Kirsch is also an associate professor of strategy and entrepreneurship at the Smith School of Business. He drives a Prius plug-in hybrid. Find him on Twitter @darchivist. They are the authors of the forthcoming book Bubbles and Crashes: The Boom and Bust of Technological Innovation, which discusses Tesla. Neither author has any position in Tesla securities.



Qualified and eco-friendly enough for you?

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Thu May 31, 2018 12:47 am 
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nero only accepts shit written by Social Democrats or at least officially approved by them.

What doesn't sit well with the SDP narrative is falsehoods and lies while SDP would never.

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Fri Jun 01, 2018 4:34 am 
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Kameolontti wrote:
nero only accepts shit written by Social Democrats or at least officially approved by them.

What doesn't sit well with the SDP narrative is falsehoods and lies while SDP would never.

Image

;)

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Tue Jun 12, 2018 2:40 pm 
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https://www.cnbc.com/2018/06/12/tesla-t ... eport.html

Quote:
Tesla to cut 9% of jobs in 'difficult but necessary' reorganization

    Tesla will cut approximately 9 percent of its 46,000-person workforce.
    Cuts will focus on salaried positions, leaving hourly factory jobs intact.

Robert Ferris | Lora Kolodny
Published 52 Mins Ago Updated Moments Ago

Tesla told employees it will cut about 9 percent of its workforce, trimming mostly salaried positions.

Since the start of the year, Tesla has added roughly 8,000 jobs and currently employs approximately 46,000 workers. Through this reorganization, it will shed about 4,100 jobs.

In mid-May, Tesla CEO Elon Musk had warned the company was undertaking a "thorough reorganization" and that it would flatten its management structure.

"To be clear, Tesla will still continue to hire outstanding talent in critical roles as we move forward and there is still a significant need for additional production personnel," Musk said in a letter to employees on Tuesday. "I also want to emphasize that we are making this hard decision now so that we never have to do this again."

Tesla has struggled to meet production targets and achieve profitability. It has been burning through billions in cash as it tries to scale up production of its mass market Model 3 sedan. Musk has said he expects Tesla to be profitable and cash flow positive in the third quarter.

Tesla is trying to reach a Model 3 production rate of 5,000 cars in a single week by the end of June.

In a tweet send Tuesday, Musk said the cuts were "difficult, but necessary."

Musk TweetL
https://twitter.com/elonmusk/status/100 ... 28/photo/1




Article continued at above link

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Tue Jun 12, 2018 3:14 pm 
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chijohnaok wrote:
https://www.cnbc.com/2018/06/12/tesla-to-cut-about-9-percent-of-jobs-across-company-report.html

Quote:
Tesla to cut 9% of jobs in 'difficult but necessary' reorganization

    Tesla will cut approximately 9 percent of its 46,000-person workforce.
    Cuts will focus on salaried positions, leaving hourly factory jobs intact.

Robert Ferris | Lora Kolodny
Published 52 Mins Ago Updated Moments Ago

Tesla told employees it will cut about 9 percent of its workforce, trimming mostly salaried positions.

Since the start of the year, Tesla has added roughly 8,000 jobs and currently employs approximately 46,000 workers. Through this reorganization, it will shed about 4,100 jobs.

In mid-May, Tesla CEO Elon Musk had warned the company was undertaking a "thorough reorganization" and that it would flatten its management structure.

"To be clear, Tesla will still continue to hire outstanding talent in critical roles as we move forward and there is still a significant need for additional production personnel," Musk said in a letter to employees on Tuesday. "I also want to emphasize that we are making this hard decision now so that we never have to do this again."

Tesla has struggled to meet production targets and achieve profitability. It has been burning through billions in cash as it tries to scale up production of its mass market Model 3 sedan. Musk has said he expects Tesla to be profitable and cash flow positive in the third quarter.

Tesla is trying to reach a Model 3 production rate of 5,000 cars in a single week by the end of June.

In a tweet send Tuesday, Musk said the cuts were "difficult, but necessary."

Musk TweetL
https://twitter.com/elonmusk/status/100 ... 28/photo/1




Article continued at above link

Anyway better than HD is doing.

Quote:
Harley-Davidson took its tax cut, closed a factory, and rewarded shareholders

The motorcycle maker in January told Kansas City workers it would close a plant there. Days later, it announced a nearly $700 million stock buyback plan.

Image
...


:roll:

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 Post subject: Re: Hats off to Elon Musk
PostPosted: Thu Jun 14, 2018 10:52 am 
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http://www.chicagotribune.com/news/loca ... story.html

Quote:
Chicago taps Elon Musk’s Boring Company to build high-speed transit tunnels that would tie Loop with O'Hare


By Bill Ruthhart and John Byrne
Chicago Tribune


Autonomous 16-passenger vehicles would zip back and forth at speeds exceeding 100 mph in tunnels between the Loop and O’Hare International Airport under a high-speed transit proposal being negotiated between Mayor Rahm Emanuel’s City Hall and billionaire tech entrepreneur Elon Musk’s The Boring Co., city and company officials have confirmed.

Emanuel’s administration has selected Musk’s company from four competing bids to provide high-speed transportation between downtown and the airport. Negotiations between the two parties will ensue in hopes of reaching a final deal to provide a long-sought-after alternative to Chicago’s traffic gridlock and slower “L” trains.

In choosing Boring, Emanuel and senior City Hall officials are counting on Musk’s highly touted but still unproven tunneling technology over the more traditional high-speed rail option that until recently had been envisioned as the answer to speeding up the commute between the city’s central business district and one of the world’s busiest airports.

Emanuel and Boring officials said it’s too early to provide a timeline for the project’s completion or its estimated cost, but they said Boring would pay for the entire project. That would include the construction of a new station at O’Hare and the completion of the mothballed superstation built at Block 37 under previous Mayor Richard M. Daley, who like Emanuel pushed for high-speed rail access to O’Hare.

Musk and Emanuel are expected to formally announce the proposal Thursday afternoon at that long-dormant underground station.

Under the proposal, passengers would be able to travel from the Loop to O’Hare in just 12 minutes at an estimated cost of $20 to $25 per ride. A final route for the high-speed tunnels is still subject to negotiations, and a Boring official and Deputy Mayor Robert Rivkin declined to identify where it might run.

Boring’s preferred preliminary route, however, would follow Randolph Street west from Block 37 and then run under the Kennedy Expressway northwest before tracking north under Halsted Street and northwest under Milwaukee Avenue. The tunnels then would run northwest under Elston Avenue near Goose Island before later again crossing under the Kennedy Expressway and heading west to O’Hare, according to a source familiar with the plans who was not authorized to speak publicly.

The transit system’s O’Hare station is planned near the new global terminal Emanuel has announced as part of an $8.5 billion overhaul of the airport, the source said.

READ MORE: Here's a look at the details of Emanuel's $8.5 billion plan to dramatically expand O'Hare »

All told, Boring has estimated the project will cost less than $1 billion, according to a source familiar with the company’s proposal but not authorized to speak publicly because of ongoing negotiations.

In exchange for paying to build the new transit system, Boring would keep the revenue from the system’s transit fees and any money generated by advertisements, branding and in-vehicle sales, Rivkin and the company said. Ownership of the twin tunnels has not been determined, but the Emanuel administration plans to seek a long-term lease to Musk’s company, a source familiar with the proposal said.

Myriad regulatory, safety and environmental questions also could affect the project’s construction and timeline, Boring and city officials acknowledged.

For now, though, Emanuel is selling the idea as the latest bold “transformative” innovation in a city that found itself at the forefront of American railroads and became an early linchpin in the nation’s aviation system.

“If you look at the history of Chicago … every time we’ve been an innovator in transportation, we have seized the future,” Emanuel said in an interview with the Tribune on Wednesday. “I think figuring out — when time is money — how to shrink the distance between the economic and job engines of O’Hare and downtown positions Chicago as the global leader and global city in the United States.”

Beyond the big-picture rhetoric, however, plenty of questions remain.

In California and Maryland, Boring has run into regulatory hurdles and concerns from elected officials about its unproven technology.

Musk’s company is still digging its first test tunnel in Hawthorne, Calif., and the passenger vehicles, which the company refers to as “skates,” have yet to be thoroughly tested for public use.

The economic feasibility of Boring’s project relies on Musk’s confidence that it can build tunnels at least 14 times faster than previous efforts, which a company official acknowledged the company must still prove.

And while the concept of a self-driving tram or vehicle is not new, the particular model Boring envisions — based on a modified Tesla Model X car chassis — still has to be built on a large scale.

Emanuel remained undeterred by the uncertainty, pointing in large part to Musk’s success in building electric-car powerhouse Tesla and aerospace manufacturer SpaceX, the first private company to send a spacecraft to the International Space Station, among other accomplishments.

“We’re taking a bet on a guy who doesn’t like to fail — and his resources. There are a bunch of Teslas on the road. He put SpaceX together. He’s proven something,” Emanuel said of Musk. “The risk — with no financial risk — is I’m betting on a guy who has proven in space, auto and now a tunnel, that he can innovate and create something of the future. Given his track record, we are taking his reputation and saying, ‘This is a guy in two other transportation modes who has not failed.’ That’s what we’re doing.”


LONG article, continued at above link

I wish Musk and Chicago well with this.
The cab ride from O'Hare Airport to downtown is long and expensive.
A high speed underground means of travelling the distance in 12 minutes for a cost of $20-25 would be remarkable.

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- misattributed to Alexis De Tocqueville

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