Just because it’s not publicly traded, doesn’t mean that there isn’t stock nor that there’s no market. Usually, you can technically still buy/sell the stock, just not as a random member of the public on a public stock exchange like the NYSE or FTSE.
Just because it’s not publicly traded, doesn’t mean that there isn’t stock nor that there’s no market. Usually, you can technically still buy/sell the stock, just not as a random member of the public on a public stock exchange like the NYSE or FTSE.
Or just pull this fuse for the module?
Yeah, that time is even moreso now because cars are far more complex and expensive as fuck now. Just the HVAC system alone on a modern luxury car probably has more components than the entirety of my old 1972 MG. You can bet your ass my friends find it very valuable when I can quickly fix stuff on their cars a dealership wanted to charge $1200 for.
At least on my TV, I’ve had firmware updates enable things like variable refresh rate, enable 4K/120Hz, improve the dynamic contrast performance, and fix a couple of weird bugs it had shipped with.
The good news with iRobot is that they actually have pretty solid cybersecurity. They also do a pretty great job of supporting parts for old robots and make them quite easy to repair. For a typical consumer product, I feel like they’re far better than most companies in terms of how shitty they could be vs how shitty they actually are.
Instant Pot was a product so good that customers rarely needed to buy another one. The company went bankrupt.
Bull-fucking-shit. That’s just not how any of this works.
There are plenty of companies that make appliances that last a long fucking time, and don’t have to rely on fucking DLC micro transaction AI bullshit. The reason Instant Pot went bankrupt is the same reason a ton of popular companies have recently had issues: They got bought by private equity (who also owned Pyrex and fucked them over), saddled with a shitton of bad debt, squeezed of every bit of brand value they had, and then left to fall apart as the PE firm made off with millions.
The fact that the writer correlated “quality, durable good” with “unsuccessful business and bankruptcy” is absolutely one of the worst takes, and really shows just how pervasive this disgusting idea of “must be disposable to be profitable” really is.
I have a 150mi EV and a PHEV. I won’t be bothering with another PHEV, unless I need something that can tow long distances. Every long distance trip I’ve taken in our PHEV since ~2020 would have been almost identical to a trip in an EV. Drive about 3 hours, and stop for 20 minutes for food/restroom, and back on the road. Even with our PHEV, which can do over 600mi on a tank, we were naturally stopping at almost the exact same points as I would when I planned out the same route in an EV.
As minimal as it is in a modern car, dealing with the ICE side of it just isn’t worth it in a daily driver from my perspective. I have an old classic that’s ICE, and if I’m going to be doing oil changes and such, I’d much rather do them for fun on that, than be required to on my commuter.
Unfortunately, it’s pretty true at least internally, though their dumpster fire reputation is changing that. I’ve worked at a number of Tier 1 automotive suppliers and OEMs, and I can’t even tell you the number of times I’ve had to listen to “We should do ‘thing’ because that’s what Tesla does”. It’s leading to a lot of shitty and anti-consumer practices, but fortunately I think some of the smarter leadership is finally seeing that they were shitty ideas all along, and was nothing more that techbro bullahit.
Knowing many people who’ve worked for him, you have about 6 months at a MuskCo brand company max before you really know what a piece of shit he is, and either a.) leave ASAP, b.) convince yourself it won’t be so bad and hang on for ~2 years, or c.) fall into the cult of personality and believe that Daddy Elon loves his little proles and cares very much about all the hard work you’re doing [EMPLOYEE NUMBER HERE].
The absolute last stop on the “Musk is Tony Stark but IRL epic gamer Redditor and likes weed and Rick and Morty!” train was when he called that cave diver a pedophile. It was apparent well before then, but anyone acting like they had no idea what a piece of shit he was after that either didn’t hear about it, or was willfully ignorant because they wanted to continue pretending that basing their entire personality around a billionaire wasn’t a terrible idea.
I assume you’re probably thinking of all the “pre orders” they supposedly had. However, the take rate of zero-commitment “pre-orders” from 5 years ago for a product that was 50% cheaper with significantly better specs has been pretty low, especially given that far better vehicles have become available since it was announced.
Or are just straight up propaganda accounts, which seem to be more than a few of them
Just like cable!
“Backorder” meant “Idiots with a couple hundred dollars”. “Orders” were a whole $100 fully refundable deposit. It was a complete non-commitment, and I know a ton of people who literally bought them solely to resell their “spot in line”.
I knew a dude who put in an order for 5, just to ensure he could sell his “spots on the list”. Dude was a service tech that couldn’t afford even the fake $40k price, let alone the current $100k price. I’ve seen tons of stories like his as well, so there’s a 0% chance even 20% of those are actually converting to sales.
I work on automotive software, and honestly have no issue with issues like this being portrayed as a big deal. I’m sick of how often I’m seeing management push shit software deliveries with the line “We’ll OTA it later, it’s fine for now.”
Screens have been in cars for a very long time at this point, there’s absolutely no reason we should be seeing issues like this aside from half-assed software being shoved out the door because we’ll hopefully fix it later via OTA.
This bumper sticker is almost meaningless unless you only bought an early Model S. It was pretty apparent even by the time the Model 3 came out Elon was a gigantic piece of shit, and would be running the company into the ground. Reminder that him calling a rescue diver a pedophile was 6 years ago, and that was only the most public first example of his douchebaggery.
He was technically a founding member, but left the company. Literally all of this is because he’s jealous he can’t pull a Tesla and claim all the credit for another tech company.
“It’s a traditional salute! There’s absolutely nothing wrong with it, it’s part of our heritage™”
Culturally, we also sadly don’t seem to have many other measures of success aside from wealth, and a poor social support structure that requires people to seek out their own forms of support. Add in the pervasiveness of the “prosperity gospel”, where the more good you are, the more money you have, and people flock to these conmen because they can’t possibly believe someone that wealthy could be bad.
This is also what a lot of people forget how it was at the time, thinking “if only” they had been early adopters and how they’d be millionaires. I was one, and had found it was great for traveling said “trade route”, but also watched when Mt Gox collapsed and tanked the price 75% while stealing millions from people, and decided to take my winnings and leave the table.
How many people would see that shit and be like “Yes, I’m going to hold onto this for the next 10 years when it’s worth something” and then sit through the number of 50+% loss events that happened?
You would have done exactly what 99% of early adopters did, and considered yourself incredibly lucky that you managed to make 1000% returns and sold.
See: the cyborg soldier subplot of Metal Gear Rising: Revengence