ICU RN with a computer engineering background. I spend my time reading about economics, science, astronomy, medicine, and history. Atheist. Socialist. Humanist.
When Tesla went public in 2010, its market capitalization was only $1.7 billion ، At the time, it was selling around 1,500 vehicles per year and was betting on advances in autonomous driving, battery efficiency, longer driving range, and the expansion of charging infrastructure !
That valuation is what allowed shareholders to achieve exceptional returns in the years that followed.
But when a company is brought to market at a valuation that already assumes the bestcase scenario !! for the next 50 years !! investors end up bearing all of the future execution risk !! That doesn't create attractive returns !!! it creates bullshitting !!!!
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Adam Hamawy has officially won the Democratic primary. It is now the second congressional candidate Hasan Piker has helped win during this primary cycle after pushing his audience to organize and rally for him.
@TheMaineWire We raised our hands to Serve, YES.
With the TRUST we would be sent to war FOR JUST REASONS.
The issue is not that Susan sent us to war....it is that she sent us to an UNJUST war and GOT PEOPLE KILLED for NO DAMN GOOD REASON!
Listen, no one is “vilifying” rich people.
They are actual villains. If you run a billion dollar company, give yourself millions in dollars and benefits, but pay your individual workers less than a living wage and give them pathetic insurance, what are you if not a villain?
they want us to believe it’s a national security emergency to fall behind china on Ai but falling behind china on high speed rail, renewable energy and childhood nutrition is a-OK.