Genius. Flips the script. In the process of conducting an illegal search, you deleted my phone causing considerable financial and emotional damage. Lawsuit time.
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Assuming we lived in a rational world with a fair and impartial justice system
That’s like assuming unicorns will protect all that is good and sugar is effective weight loss
Technology@lemmy.world•Tesla Stock in Freefall After Disastrous Earnings ReportbyFolstar@lemmus.orgEnglish
16 hoursIf it’s a love’em and leave’em at the worst possible moment situation, it’s the right life choice. Besides, with Honda, China, Retalt and others would be happy to hire them if it’s a passion.
Technology@lemmy.world•Tesla Stock in Freefall After Disastrous Earnings ReportbyFolstar@lemmus.orgEnglish
2 daysIn two weeks when SPCX employees can sell, please let them cash out and resign as hard as possible. They’re reasonable intelligent people who know the promises are science fantasy, so this is a plausible scenario. Then, as investors lose faith, Tesla enters true freefall right as fElon tries to leverage his shares to float SPCX. Let this Icarus of Grift come spiraling down so we never have to hear about him or his cultists again.
Technology@lemmy.world•Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI DebtbyFolstar@lemmus.orgEnglish
3 daysThe current administration is claiming AI is absolutely essential to our national security, scientific research, energy, and everything else. This is all being done by political appointees who know next to nothing in general, and even less about the history and current state of “AI”. Being ordered by people who do not care about wasting taxypayer money or running up absurd deficits. Bailout incoming.
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
6 daysSo, having fingers in the pot is “cornering the market”? I’m not entirely sure what your second sentence even means.
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
6 daysTesla has 7.7% of EV market share. What “few other sectors” were you referring to?
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
7 daysassuming an absence of competition
And that no one comes up with a better tech and extending it out 20 years for… reasons. Sure. Ok. Trillion dollar company under those very reasonable assumptions.
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
8 daysStarlink, which is nowhere near worth that much even under a best case scenario (compare to other comm companies), can make money and SpaceX still not make any profits because of the the xAI money pit. Also, no, the advantage will not last. The last 30 years of satellite communications have been one seemingly promising idea after another that fizzled out or was made obsolete. No reason to think that trend will change now, especially not when the Starlink model is extremely resource intensive.
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
8 days20% of all stocks, specifically those held by employees.
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
8 days50% might prove optimistic. The rules that were bent for SpaceX exist for reasons. The August dump will be 4X the shares already in the wild. You are right, employees would be crazy not to sell at current rates. SpaceX employees are probably smart and/or educated enough to read the white papers on all these science fantasy projects and know they are pure fantasy. Cool stuff to fire up investment bros, but not the kind of thing they want to be tasked with trying to make reality. Point being, the floor for what an employee would not sale is going to be really low. True believers might hold, but anyone who smells the BS or just likes money will gleefully sell at 50% of current.
Meanwhile, China is making great strides in VTVL and much cheaper, open source LLMs. The EU is eager to find home grown or at the least not-American tech solutions. Every headline makes SpaceX look less and less likely to make ANY profits, let alone completely dominate supposedly multi-trillion dollar markets.
Technology@lemmy.world•SpaceX stock drops to a new low and loses $1 trillion in value in a monthbyFolstar@lemmus.orgEnglish
8 daysWe ain’t seen nothing yet. In 2-3 weeks the Q2 report will release at which 20% of stocks held by employees will be unlocked, which has hit even profitable and not-fantasy-based companies hard in the past. There will also be a wave of resignations from people who cash out and if that takes key people then investors back off even further. My guess is fElon wants the stock to stay high until next summer when he can sell, but he NEEDS it to stay high until November when early investors can cash out. He has borrowed billions from people you wouldn’t want to owe $1 and been delaying and juggling for a few years with tacking together this SpaceX nonsense amalgamation.
Technology@lemmy.world•Advanced AI models suffer a near-total collapse on classic psychology test as cognitive demands increasebyFolstar@lemmus.orgEnglish
1 monthIt’s a real sign of our times that so many can not differentiate between a plagiarism fueled talking machine and a thinking machine.

You think all these data centers are just for making bad code and creepy videos?