-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Off topic galore
- Thread starter Mengy
- Start date
Responding to main
Agree, in the same way foundation and framers are not needed once a building is dried in. Additionally, there are others out (and in) there, if needed.
Wait, which are you advocating? Local minima in approach cannot be overcome with more compute.
Garbage In, Garbage Out, but without a correct processing solution in the middle, even infinite perfect data on infinte compute won't achieve the goal.
Both.
It depends.
I the early years at university computer vision was very much SIFT/SURF and other "clever" techniques. Then came CNN and raw compute beat the *sugar* out of those things.
On the other hand: If you have a process that is not doomed in a local minimum, clever algorithms are the main thing & focus to optimize.
There was a paper from Dijkstra(?) or someone similar where they made a case-study. All "optimization" tricks like "closer to the metal", "rewrite in C++" etc. lost massively against a simple "change tiny sub-algorithm X for Y" that does the same, but different.
But it is a big, big Pareto-Front .. with dozens of compromises/caveats/...
So a simple "Just build dojo and pump money into it and FSD will be solved" is as wrong as "don't develop the software-architecture further, just do bugfixes. Problem is solved"...
I mean .. fastest way to search using comparisons is O(n*log(n)). Actual fastest way to sort lists < 1000 is Insertion-Sort with O(n²).. Actual "fastest" way to sort is to cheat and transfer it to another domain (i.e. radix sort, which is O(n*m), with m << n)...
I'm sure they'll be consistent and say GM sold close to 60,000 EVs if they break 45k...
View attachment 829789
The AP Interview: GM's Barra talks electric vehicles, future
General Motors CEO Mary Barra outlined an ambitious plan for her company to sell more electric vehicles in the U.S. than Tesla by the middle of this decade.apnews.com
TL: DR
You led Mary...You led
View attachment 829790
This is so sad! My family has always been a Opel/GM family - only my weird uncle bought a Ford (Escort). So it's in my blood to cheer for GM. Growing up our dream was to one day buy an Opel Senator - the euro version of a Cadillac.
But now I want what Mary Barra is smoking. Because her management of GM is really far out there! She is running the company into the ground while she herself is in a total bliss. Just as well GM sold Opel to Stellantis because this is not going to end well!
GM might survive as a boutique car maker with low volume production of a few iconic models. That is their best hope. Unless the US taxpayers decide to throw a space budget their way. But why would they?
Buckminster
Well-Known Member
Buckminster
Well-Known Member
How does Kevin write on a transparent board and allow us to see it correctly? This changes everything.
Effectively, yah; but the vote is only to increase authorized share count.In case anyone has forgotten.......Stock split 3:1 to be voted for and approved next month
FWIW, I'd greatly prefer them to say "assembling battery packs" than "manufacturing batteries". Heck, even "assembling batteries" is more precise.
So I have it upside down and the media are correct.
Tesla is working to make cells and batteries. Ford/ GM making batteries.
Thanks I'll try to be better.
And don't get me started on "recall".
Communicating
@The Accountant, I'm kidding, you have nicer charts.
Question since I'm here, how do warranty claims impact service revenue vs out of warranty?
Question since I'm here, how do warranty claims impact service revenue vs out of warranty?
The Accountant
Active Member
Warranty claims have no impact on service revenue. When Tesla sells a vehicles, it puts about 2% of the sales price into a warranty accrual (it is part of Auto Cost of Goods Sold). When the warranty claim is serviced, they charge this warranty accrual instead of expensing it on the P&L.
In the 2022 column below, the $319m is the warranty accrual (money set aside for the vehicles sales in Q2 2022). The -$187m are the warranty costs spent in Q2 for cars sold in the current and prior periods.
For Non-warranty (out of warranty): The invoice the customer pays goes to Service Revenue and the cost of that non-warranty service goes to Service Cost.
So on a warranty issue, the warranty tracker gets a debit with the labor and parts costs. I follow that. Where I'm fuzzy is how the labor and parts (inventory?) get adjusted. Parts, I assume, live under the automotive category, so that stays net neutral. Does service revenue go up based on the labor hours such that the serivce and other (S&O) category is compensated? Or does the warranty labor get removed from cost of S&O? Same overall effect by a different route.
Trying to understand warranty vs non-warranty work in the context of S&O Gross Margin/ profit.
Thanks!
The Accountant
Active Member
Yes - the warranty labor gets removed from the S&O costs. My guess is that all service labor at first goes to the Service Cost center for the month and then there is an entry based on warranty hours worked that takes to costs and moves it out from Service cost to the warranty accrual.
Similar threads
