To repeat 100% of R&D and any new project that has either no revenue yet, or the revenue do not yet cover expenses outside of Capex. e.g development of cybertruck and many things we have no clue about yet, and some we will have any clue about.
One of the most financially sucessesful people I know was a fellow grad student in physics. After completing his M.S. in Physics he went back to a different university to get an MBA. He recently donated 1M$ to our university. The most I've ever donated was ~2000$.
Tesla R&D has been flat over last 7 quarters.
That's a good use of an MBA... it's actually meant for people who got a bachelor's in a non business field. My point was it probably would have been a waste for someone like Elon whose degree in econ would have given him a lot of the generalities he would have learned through an MBA. If one does get a BA in business and goes on to take an MBA, it's best to get it from a different University with new professors as you learn much of the same matjerial from other perspectives.
I like this. I think if SP picks up some and media starts seeing Tesla for what it is, profitability can be shoved in the place where light doesn't shine and instead we can be building 3x new factories at a time. Borrow more money as needed.
Amazing what happens when you don’t need a new transmission, engine and 100’s of other complex engine components for every new vehicle. One battery pack for SX, one pack for 3&Y, common cells for all new cars. Same motors for new cars and the semi. All focus on common components and new car, battery motor and AP and FSD Improvements. Laser wipers make all cars better. An improved 6 speed transmission may only be used in one or two of 20+ cars in GMs portfolio.
Like to see people focusing on learning to learn doing well. Isn’t there a physics major running a car company we follow?
No.1 Geospatial imagery “software” “specially designed” for training a Deep Convolutional Neural Network to automate the analysis of geospatial imagery and point clouds,
