JBee
Well-known member
- First Name
- JB
- Joined
- Nov 22, 2019
- Threads
- 14
- Messages
- 3,596
- Reaction score
- 493
- Location
- Australia
- Vehicles
- Cybertruck
- Occupation
- . Professional Hobbyist
- Thread starter
- #61
The difference between tangible and intangible assets. Always prefer tangible, especially from an engineering perspective. But not all humans operate that way, and often their capacity to distinguish between the two is compromised by their current circumstances or emotional state.I agree there are many talented people working on the CT and Tesla. Telsa would live on without Elon and the CT will probably come out when it comes out regardless as to this Twitter BS.
That said on a macro level it is a distraction and potentially a drain on Elon's capital. As I understand it Tesla probably hasn't spent $3B on Giga Austin to date. That is 3 years of spending and planning and careful engineering and developing 1000s of employees. He dropped $3B on software, some user base (active???) and rented servers over a couple months. It just does not compute.
I have always liked Tesla because it is a physical product and a physical factory. While a company's worth is usually way more than it's assets at least there is a physical asset that would have to be recreated in order for competition to take over. Not so with Facebook and Twitter. (servers not with standing)
We are "herding animals", how we herd is sometimes not based on logic, and as such the only way to change that herding behaviour is by new information. If new information, and ideas based on them, can never make it through the herd for an analysis because the restriction on what speech is allowed, or is filtered to bias before consideration, by what method can we achieve meaningful and positive change of our own individual biases?