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Joined 2 years ago
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Cake day: June 18th, 2023

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  • As should have been done already 10 years ago. When it became clear American authorities can seize any information even when stored on servers outside USA, by any American service provider.
    And Obama claimed it was a “fair balance”.

    USA has in many ways acted almost like a totalitarian regime for decades, disregarding their own laws, international laws, and especially the laws of other countries, even allies.

    This became very clear when Obama stressed that illegal surveillance/monitoring wasn’t used against American citizens.
    Obviously meaning that citizens of other countries have no rights, and there are no laws preventing American intelligence in any way.

    As it turned out, what Obama promised wasn’t even true, and Americans stationed in for instance Iraq, were very much monitored.

    With regard to information of other countries, USA has CLEARLY demonstrated, that they have no regard for decency or even laws.

    This was revealed when Obama was president, and the Republicans are even worse!!

    USA and EU has made an agreement on this, claimed to make it legal in EU to use American cloud services.
    But as we have seen, no American administration gives a fuck about such agreements or even laws, so that agreement isn’t worth the paper it’s written on.



  • I saw a clip from some TV station, with someone claiming people should buy Tesla now, because it will never get this cheap again.
    And then he raved on about how Musk is a tech genius, who would make Tesla a robot/ai company.

    Idiots like that cannot be helped. Even if Musk succeeds with AI which is unlikely, chances are slim that it will be Tesla that benefit from it. Robotaxi is not even close. And chances are that Musk ruined the chance for Tesla to actually compete on it, when he decided against using lidar.

    Unless Tesla cook the books for Q1 2025, Tesla stock is likely to take another huge nosedive when the financial report comes out.
    Sales have plummeted violently, so unless they book the cars on storage at unrealistically high values, the result for Q1 will probably be in the red.
    You simply can’t have a company that operates at less than 10% margin, lose almost half their revenue, while still having the cost of production capacity, without also having serious losses.






  • The Hong Kong-listed company has a market value of about $160bn, up about 50% so far this year. Tesla is valued at $780bn despite a share-price plunge

    It’s absolutely insane how overvalued Tesla is.
    Byd is selling more cars has higher revenue, and has recently announced worlds fastest charging system by far.
    Tesla growth has stopped already 2024, while Byd is still growing.
    Tesla has a snail like development cycle of about 5 years! Which is bad by any standard.
    While Byd is more than 3 times faster, and has a cutthroat development cycle of about 1½ year!! (3 years is the industri average)

    Yet Tesla is still valued almost 5 times higher!?