I resigned from Apple today. I spent the last three years doing foldable research at both google and apple. Neither company is acting responsibly. They are racing straight to self-improving foldables and gambling with our lives. More thoughts below.
🤖 Made with AI
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Pete Raf retweeted
A Model Y driver started experiencing a medical emergency with chest pain mid-drive & called his son.
His son then remotely rerouted the car – which had FSD Supervised enabled – to the nearest hospital & let them know the vehicle was en route. ER staff were standing by on arrival.
Doctors later confirmed the quick reroute likely saved his life.
Pete Raf retweeted
The Globe is owned by Canada's richest oligarch, David Thomson, worth $82 billion. His source of wealth? He inherited it: archive.fo/20251215221049/ht…
The Thomsons are grifters who take the government media subsidy.
Oh -- and they think you should hate Elon Musk for being rich. 👇
Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him theglobeandmail.com/business…
Pete Raf retweeted
Gas is now $2.269 where I live in Canada, or about US$6.30 per gallon.
Cost to fill up the most popular cars:
• Ford F-150 - $309
• Toyota RAV4 - $125
• Honda CR-V - $120
Cost to fully charge a @Tesla on BC Hydro's low overnight rates?
• Model 3 - $3
• Model Y - $4
Pete Raf retweeted
In Toronto, it literally doesn’t make sense to drive anything else but an EV.
My overnight electricity rate is $0.039/kWh CDN ($0.028 USD).
Here’s a comparison between how much it is to charge our Teslas (0-100%) vs filling up a comparable gas vehicle:
Model 3 Performance: $2.29 USD
BMW M3: $86
Cybertruck AWD: $3.44
Ford F-150 (35 gal tank): $162
Tesla Model Y Performance: $2.29
BMW X3: $95
(Regular gas: $4.65/gal, Premium Gas: $5.70/gal)
Pete Raf retweeted
About 95% of the EVs Ford currently sells in the U.S. are made in Mexico (excluding the discontinued F-150 Lightning). North American parts content is just 45% for the gas F-150, 45% for the Escape, and 20% for the Bronco.
Tesla makes the most American made cars, with up to 75% North American parts content in the Model 3, 70% in Model Y and 65% in Cybertruck. Every Tesla sold in America is built in America.
Wow! @jimfarley98 tells @IngrahamAngle that @Ford has had the best-selling quarter in almost a decade 🚗 🇺🇸
He says it’s because Americans understand that Ford makes its cars in the USA - and he’s right!
Progressives don’t like human progress. They would have us still work at farms without machines, not use computers or phones. They would love us to go back to Stone Age.
I will be pushing for a moratorium on the construction of data centers that are powering the unregulated sprint to develop & deploy AI.
The moratorium will give democracy a chance to catch up, and ensure that the benefits of technology work for all of us, not just the 1%.
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Before today, someone could say "Tesla is not special, Ford is also producing EVs. Except Ford gave up on EVs today after $19 billion in losses.
Same goes for Robotaxis. Gary is saying "players like $GOOG $BIDU and $PONY are giving autonomous rides today, Tesla is not even doing it yet".
There is a term called "profitability" Gary. And it is a very important term that you as a professional investor should take seriuously.
$TSLA
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Pete Raf retweeted
Value can be created or destroyed. An artist can take a bunch of popsicle sticks that are worth $5 and turn it into a sculpture that is worth $5,000.
Conversely, I can snap all those popsicle sticks in half so they are now worth 50¢ instead of $5.
Much of the flawed thinking in our society is based on the incorrect notion that it is all a zero sum game, and there is a fixed amount of value in the world — something is either for you or me. In reality we can create new things of value or destroy existing value through our actions.
Most billionaires created something of immense value and kept a small share of the value they created for society.
Suppose Americans are spending $11 billion a year on toothpaste, and I create a new company that offers a new kind of toothpaste that cleans your teeth much better but costs half the price of your typical toothpaste. I generate $5 billion of sales, and $2.5 billion of profit, saving my customers $5 billion a year + savings on future dental bills and less pain from toothaches.
Who exactly did I screw over here? What did I extract? I actually saved people money and built them a better product.
Now a private equity firm comes to me and says hey, we would like to buy your toothpaste business for $50 billion. I say no. On paper, I own a $50 billion business. In reality there isn’t a liquid market for me to sell my shares, and if I go public and sell my shares the stock price will usually fall, making the company worry less than $50 billion.
In theory, I have $50 billion and people angrily call me a “billionaire” — even if i’m taking a $60,000 a year salary as CEO. I don’t have $50 billion in my bank account, I have a piece of paper.
And worse, I have a ton of responsibility. I need to make sure my product is safe. I need to fend off competitors who want to take my business and shut me down. I have to make sure all the people I hired still have a job, and fight to be the best.
I’ve saved customers money, i’ve provided jobs, i’ve generated tax revenue to fund public programs. And you hate me because too many people like my product.
Billionaires aren’t the villains. We are the villains, if we believe someone is evil just for starting a company.
There were reports also that the janitor quit. You missed it, but probably worth a headline.
If TSLA is in red today, you now know why.
“I am leaving the Tesla Diner project to focus on the opening of Mish, my long-desired Jewish deli,” Greenspan wrote in a text message. Tesla loses its chef. $tsla
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