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Cake day: November 6th, 2024

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  • Yoga@lemmy.catoPolitical Memes@lemmy.worldIs Elon crying now?
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    15 days ago

    NOOOOO don’t look at P/E ratios (the auto sector has always had extraordinarily low P/E ratios) you have to look at relative PEG ratios!

    At least that was the copium years ago. Now that their sales growth has petered out globally (even before all of the President Musk backlash) and China has free-money’d their way to a technological advantage for EVs I don’t even understand it anymore. The other automakers are either caught up or rapidly approaching and the thing I’ve been saying for years (PHEVs are superior to BEVs for most people) is being proven true.

    Before I called it hysteria and FOMO and blind optimism but now I just don’t get it.


  • Yoga@lemmy.catoPolitical Memes@lemmy.worldIs Elon crying now?
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    16 days ago

    Relatively speaking, Tesla is far less overvalued than in the past.

    At one point their market cap exceeded every other automaker in the world COMBINED.

    That might make sense if they were making unprecedented loads of money but of course they got trounced in sales compared to Toyota then and now.






  • Perhaps unsurprisingly, Thursday evening’s concert programme – Shostakovich’s second violin concerto, with Leonidas Kavakos the soloist, followed by Stravinsky’s Petrushka – got off to a slightly shaky start before settling into its stride.

    Audience members nervously joked during the intermission about the apposite all-Russian programme, given Vance’s brutal dressing-down of the Ukrainian president, Volodymyr Zelenskyy, during an Oval Office blowup in February that played directly into the hands of the Russian ruler, Vladimir Putin.

    If this was a movie I’d complain about the stupid “coincidences” that happen for the sake of the plot.






  • First, the power was off due to planned maintenance. Second, Shang wasn’t an official federal employee yet, meaning he couldn’t access the pump. Hassen couldn’t do it either, CNN reports, because he had to fly back before the power would be restored.

    “They didn’t get their photo op,” an unnamed source with knowledge of the incident told CNN, adding it represented “what DOGE has been this entire time — this slapstick operation of 20-somethings they’re seeing as whiz kids but have zero knowledge.”

    lol that’s amazing levels of incompetence.