Hip Hop, A.I. & Accounting… Mr. NOT Financial Advice.. Tesla 2040… Could be AGI, so don’t take anything too seriously. Open Source financial frameworks/ideas
I’d rather SpaceX & Tesla merge at a $2T combined value rather than a $6 or $7T value.
This is the crux of the problem merging right now.
Change my mind
🤖🌌
ASC 606 has one core question: has control transferred to the customer?
For Tesla it's delivery. For e-commerce it's fulfillment. For SaaS it's access.
Same standard. Completely different trigger points. This is why revenue recognition isn't a checkbox, it's applying the standard in every situation. 🤓
Every time Tesla reports quarterly earnings, ASC 606 is quietly running in the background determining what actually counts as revenue.
Ordered ≠ delivered ≠ recognized.
The gap between those three numbers is where accounting gets interesting. 🧐
Actually, AI/Robotics will mean everyone can have a penthouse if they want. The output of goods & services will be several orders of magnitude higher than today’s economy.
Read the Iain Banks Culture books for the best imagining of how it will be.
That said, what is the future you want? Amazing abundance seems the best to me.
@HodlFlorida@dom_lucre Bro really added an extra grand to the monthly price. Texas property taxes are higher, but I can confirm they are not a Bazillion $$$ dollars 🤣
@gailalfaratx@AIDRIVR I fall into all of those buckets besides the CyberTruck part. I just hope my $15k FSD on HW3 transfers when Unsupervised FSD is ready.
I bought for $15k in 2023. I’m not mad about it. I’m glad I pumped the money in to continue the development.
I am holding off on my next Tesla purchase to try and optimize for the FSD value though.
Vehicles are tough because they are a large personal expenditure. You’re planning for a 8 year or so useful life.
Odds are the highest ROI will be buying a Tesla right when unsupervised FSD is available to Tesla owners. Even if you are paying a subscription vs. owning