astreus
Honestly? A really good therapist, reading some very interesting books, and prioritising building a community & finding my people.
That’s true, however Tesla’s relevance in that market has really dwindled:
Tesla gross profit for the quarter ending March 31, 2024 was $3.696B, a 18.07% decline year-over-year. Tesla gross profit for the twelve months ending March 31, 2024 was $16.845B, a 15.37% decline year-over-year. Tesla annual gross profit for 2023 was $17.66B, a 15.31% decline from 2022.
the global satellite market was $4.23B last year
The thing is SpaceX and Starlink have weathered the Elon Musk storm. Starlink was predicted to make $6.6B in revs of, as you said, a market that is currently much smaller. Sure, it’s not profit and firing things into space isn’t cheap (nor desirable and should be legislated against). However, they’re filling the niche and as EV manufacture ramps up, and with Tesla’s image tainted, I do think Musk (and those around him) will be looking a bit more towards the steady government money.
*Pay to be enslaved
🎶 BBC talkin’ 'bout the GDP That means fuck all to me 🎶 - Bob Vylan
For the first time in a while, this hasn’t been me! Small victories.
How true is this or are we doing the same thing “generation killed industry/way of doing things” that the boomer media is so fond of?
I think you really need to ask yourself why you’re willing to either lie or be so easily manipulated
Totally unnecessary. You’re comparing a publicly traded company running on memes and a strange cult of personality to private valuation.
Now that China and other domestic competitors have ramped up EV production Tesla’s dominance of the niche is going to fall, especially considering the flop that was the Cybertruck and the brand damage Elon has committed.
We are already seeing protectionist measures being enacted for the EV sector.
In short, SpaceX and Starlink have a market to dominate (whether we want it to or not, it seems) while Tesla, a grossly overvalued company, is only going to see more competition and deepened irrelevancy.
Whether Trump or Harris wins, the US military is still the single largest institutional emitter of greenhouse gases in the world.
Will global warming be accelerated under Trump? Yeah, probably, but the problem is here and now. Without addressing the US military complex emissions and billionaires taking space walks, the speed is a relatively moot point.