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Joined 2 months ago
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Cake day: June 23rd, 2024

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  • Microsoft, by default, decides which code is safe to run, yes.

    However, that’s not the only way to use Secure Boot; I enroll my own certificates in addition to Microsoft’s, allowing code that I sign to be booted into. This requires some UEFI setup once.

    For most machines, Secure Boot should never lock you out completely; you can always disable it, fix your boot chain and reenable.

    I think it’s actually sensible technology, but as every security feature, it usually comes at the cost of some convenience.




  • If not only Musk but also the banks are stuck in this problem, it’s their own fault and incovenience. Not sure why you ignored his completely verbose explanation of how this problem is only Musk’s (and maybe the banks he made the deal with).

    That’s the thing, the banks fear it will be their problem. They don’t care about Tesla as a third party, but themselves.

    I’d love Musk to get fucked by this whole ordeal. This was rather about if the creditors allow it or of they’re afraid of the fallout.

    And you’re right, it won’t be all instantly sold, but it is a large amount of shares and I’d think it would have a negative impact on share price.





  • You don’t really understand the point I think, whether it’s correct or not I don’t know. His theoretical wealth is derived from the price of the last share sold. He probably can’t just sell ($13bn/current share price) shares and get $13bn out of that, there aren’t enough buy orders at that price, and you risk a panic sell by other holders. These other holders possible also include the banks were talking about, or at least related businesses and their clients.

    Long story short, if banks had him liquidate shares worth $13bn, his net worth would fall (not the banks direct problem, bit probably wouldn’t make future client acquisition easier); but it might be that they lose more money indirectly. All this calculation with a stock’s market cap is a bit like a house of cards; it’s really high, but don’t shake it too much. At least that’s an issue with overvalued stocks; sound businesses where the stock price reflects the company’s actual value, maybe even pays dividend, don’t have that problem.












  • Even if I didn’t know that, after 10 seconds of thinking it would be clear that a company that made about $46bn in the last four years can’t just pay out more than that in actual money, they don’t have the cash reserves.

    For him, he can borrow against the stocks, so it’s about as good as money, maybe not 100%, but still a sizeable amount.

    I think it’s dumb to agree to goals and compensation / rewards after the goals have already been met. I can’t go to my employer and retroactively demand more pay for previously agreed work, even if it turned out better than he or the customer expected.

    I think Tesla stock holders were mislead and / or stupid, there’s no dividend so the only way to profit is to sell at one point, and Tesla’s position in the market is only getting weaker by the year. Outside of their car business, they have nothing of interest, though some people will never tire to emphasized that Tesla is a tech company - just what that concrete tech is that other companies or customers will want is still somewhat of a mystery. Same if it justifies current market evaluation.

    I wouldn’t bet against Tesla stocks - I know the market can stay irrational longer than I can stay solvent.

    Given Musk’s recent behavior alienating his potential core customers, he is a liability rather than an asset. The cybertruck damaged the brand, the semi which was delayed by 3 years does not fit the needs ICE trucks do, rental and other companies are phasing out Teslas because of their fast depreciation- but robotaxis will fix it, right?

    How anyone has a positive outlook on their performance with him as the CEO is almost beyond me, but if you assume there’s a personality cult, it makes sense.