I think it's ok to use the up and down arrows to express agreement. Obviously the uparrows aren't only for applauding politeness, so it seems reasonable that the downarrows aren't only for booing rudeness.
I think people should get points for sparking discussions. So since you generate a lot of replies you should get some points for that. You can have a 1 point thread that has 10+ comments on it.
Since we're getting meta here - I've always thought voting should be based on whether a comment contributes meaningfully to the conversation. Maybe if it's blatantly wrong and misleading it should get a downvote (unless a follow-up comment sets this straight and would get buried if the parent gets nuked) but otherwise I really don't like the "downvote = disagree" trend I've seen recently.
Agreed. Been wanting to post this comment for some time now:
When comments are downvoted, sometimes to oblivion, yet have many and deep set of replies, doesn't that indicate something wrong with the downvotes? The point is to have a substantive discussion and in the case (which is common) I'm noting, the downvoted comment has done just that.
I think any comment should get implied/automatic upvotes for each reply, on a power scale. Say a floor of 2 or maybe 3, then after that 1 or more points for each child comment increasing as the number of comments increase.
I realize that system is subject to abuse, but does it really matter? Whereas OTOH it prevents the echo chamber for hot button topics.
At this time, the now actually dead GP comment has 30 children! It is by definition a worthy comment.
I am not in any way implying people need to fall in line or avoid disagreement. I am more commenting on how my mind works. When someone tells me I am wrong, my first instincts are self-doubt and/or questioning why someone would think about the topic differently. I don't get or fundamentally understand the reaction of other people disagreeing with me leading to me being more confident in my initial opinion.
I think it's ok to use the up and down arrows to express agreement. Obviously the uparrows aren't only for applauding politeness, so it seems reasonable that the downarrows aren't only for booing rudeness.
For what it's worth, I think PG is completely wrong on this. The site was designed, via progressive lightening, to censor downvoted posts. His statement is essentially permission to censor dissent and doesn't make for a healthy conversation.
It's also just human nature. People will upvote what they like and downvote what they dislike, and for some that just means downvoting whoever disagrees with them.
I actually know somebody who did this but for AAPL many years back. At the time, I too thought he was insane, but it worked out very well for him. A propos TSLA price, the problem is they are about to face a lot more competition from companies with sophisticated, established, distribution networks, etc.
Apple had lots of competition from companies with sophisticated, established, distribution networks, etc. Compaq, Dell, IBM, HP. Apple had to build the Apple Stores.
Also, the car companies have legacy issues handcuffing them. Unions, dealership agreements.
Not saying Tesla can replicate Apple, but Apple didn't have it easy.
This is exactly what I think. They did a very good job capturing the early market given the void left by traditional auto makers.
The next 5 years will be very tough. They will be competing on the efficiency of the production chain. Toyota and Volkswagen are unbeatable at that game.
Regarding your story with AAPL: Good for him but how many others will we never hear about? Betting everything on a single stock is the number one mistake that amateur investors make.
It's not just about mass producing an EV though. It's also about the software and tech, and building not just a moving battery pack but one that comes together well with the software, self driving tech, and a supercharging network will be where Tesla will have an advantage for many more years to come.
I don’t think it’s too much of a stretch to say that Tesla is a software company the same way Apple is a software company. They don’t make their money selling software, but their software is a huge reason they are making money.
There is a heck of a lot of software in that car and in all the infrastructure supporting that car. And unlike their competitors, Tesla doesn’t outsource it.
> Will Toyota have an EV available in numbers by 2024? I know they love their hybrid platform, and the fuelcell car, but I'm unaware of any EV plans.
FCEVs are as much EVs as BEVs, but yes, Toyota's first production BEV is being sold in Japan in 2020 with plans for India close behind. It's very much not designed for the preferences of the US market so I suspect we won't see it.
Given AAPL is at an all-time high they would've made money if they held onto it and not sold at a loss.
As most stock market indexes have a general upward trend, more people make money then lose. Though I still wouldn't recommend investing what you can't afford to lose or can put aside for the long term as you'll stand a better chance to make money if you can hold onto it through the downswings. Obviously you can still lose by investing in the wrong company, but you can mitigate your risk by spreading out investments over multiple companies/markets. There's a much lower chance of losing money on shares in the long term if you're sufficiently diversified.
man, i downvoted you (and usually i strongly dislike and avoid meta discussions on downvoting or being downvoted, yet it seems here it warrants an explanation, at least i'd have liked if somebody gave me a one in a situation like yours) because you're making gross logical mistake:
> You are buying into a cult with some life changing saving (kid's college)
he never said that he is using kid's college savings and/or life changing savings. You ascribed that meaning to what he said, while he may have (and probably) said completely different thing - using small money on TSLA playing the chance that it may convert those small money into the life changing/kid college savings.
Indeed this. If it 20x’s like I think it might (full Robotaxi vision realized) in the next 10 years, then kids will be all set for college, or their first house, their choice. If not we will all have to work harder, but it’s not like I had the college fund saved already and then bet it all, or am living life as if TSLA is already at $2,000.
How can I not bet with someone like Elon Musk? Why bet against him? I want to live in the world where Elon and Tesla succeeds. It’s a win-win that I could personally profit from it too.
Very rarely do we get a company IPOing so early in their lifespan with real ideas and plans to change the world, and the intellectual capital to possibly even succeed. I think it’s a once in a decade opportunity. I hate being a skeptic against someone with an actual positive vision for the future and a strong theoretical backing of how they will get there.
The idea that Toyota is going to eat their lunch to me flies in the face of everything we know about innovation and company culture. The legacy companies are frankly totally blindsided by this EV revolution.
While legacy auto employee unions strike, and legacy auto company plants close down, TSLA moves from a 3% SAM to a 30% SAM (by adding trucks and crossovers to their served market) over the next 3 years.
If their truck is as revolutionary in that market segment as the Model 3 is in its market segment, they won’t even need Robotaxi to hit a market cap of $200B.
