working my way thru "Excession". done most so far.
(which means almost no more)
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(which means almost no more)working my way thru "Excession". done most so far.
The best bit is, you can read them all again - they're even better the 2nd time around
read "Consider Phlebas" and "Matter" 2x,The best bit is, you can read them all again - they're even better the 2nd time around
"Player of Games", "Use of Weapons" Against a dark background, Look to Windward, Hydrogen Sonata all once
(There was an homage in "7 Eves" to the ships names with Musk saving the ISS sorta)
it's the weekend anyhoo.
l
...and because it’s the weekend, and I can sneak this post past any Mods...
I’ve been trying to accumulate Banks’s series for several years, stalking some of the very largest used book sales this world offers.
So far, my attempts have amassed a grand total of **ZERO** books. A stalwart devotee of Banks has told me there is precious little turnover of extant copies.
Any help would be appreciated!
I’ve been trying to accumulate Banks’s series for several years, stalking some of the very largest used book sales this world offers.
So far, my attempts have amassed a grand total of **ZERO** books. A stalwart devotee of Banks has told me there is precious little turnover of extant copies.
Any help would be appreciated!
Order of Iain M. Banks Books - OrderOfBooks.com
these seem to be available at Amazon - new and used
Am I missing something here?
Tesla clearly states in the documents I linked that Tesla pays Panasonic back by buying cells. I have no idea what you are reading.
Tesla derisked Panasonic at no additional risk to Tesla. You don't understand the basics of how Tesla and Panasonic structured their battery deal, so you assume I'm criticizing Tesla.
HG Wells
Martian Embassy
The best bit is, you can read them all again - they're even better the 2nd time around
One of the few reasons to look forward to old age. When you can't remember the whole book, or series.
Recommend Harry Turtledove's World war tetralogy. Superior sir.
Perfect with a box of ginger snaps.
here is a hard to find link, written by Iain M Banks hisself me thinks
A Few Notes on the Culture, by Iain M Banks
"Under our arrangement with Panasonic, we plan to purchase the full output from their production equipment at negotiated prices. As these terms convey to us the right to use, as defined in ASC 840, Leases, their production equipment, we consider them to be leased assets when production commences. This results in us recording the cost of their production equipment within property, plant and equipment, net, on the consolidated balance sheets with a corresponding liability recorded to financing obligations. For all suppliers and partners for which we plan to purchase the full output from their production equipment located at Gigafactory 1, we have applied similar accounting. As of March 31, 2018 and December 31, 2017, we had cumulatively capitalized costs of $576.4 million and $473.3 million, respectively, on the consolidated balance sheets in relation to the production equipment under our Panasonic arrangement"
You started by saying that Tesla doesn't make GWhs. That was your first argument.
You then moved to say that Panasonic and Tesla are no partner because Panasonic's upfront cost of bringing manufacturing equipment was collateralized by Tesla's agreement of buying the output cells of the said equipment.
You then quoted a 10-K that explicitly says that Tesla and Panasonic ARE partner.
SO, just to be clear ; I do and I'm sure others too, understand that Panasonic and Tesla BOTH invested in production of battery packs. They shared IP, Tesla is paying fro the building and packaging of cells into packs while Panasonic paid upfront the manufacturing equipment for cell in exchange of a contract that has Tesla buying the whole production.
So the only thing I see from you is not pertinent information. What you do is that you say something false and then move on to another subject without responding to your first refuted argument. And all along that telling insanity like :
-You really don't deserve a reply.
-I'm making perfectly clear points to anyone who has been to business school or has equivalent work experience in accounting and finance.
-If you don't understand my point it is due to your lack of knowledge.
-You don't understand the basics of how Tesla and Panasonic structured their battery deal, so you assume I'm criticizing Tesla
On those last four points of yours, I would just add that NOBODY replied to you talking about something else than a PARTNERSHIP. As you may know (which i'm not sure at this point), partnership is different than association or joint venture for co-owning a factory.
You must be exhausted. Do you have anything meaningful to say about Tesla? Cartoon Tesla is boring, whether from the many naively positive comments here or the absurdly negative comments on Seeking Alpha.
I posted links to documents filed by Tesla that supported my position. What you got? Anything other than High School level posturing?
dc_h
Active Member
Your premise was that Panasonic is not a partner and seemed to imply their work with Tesla was an elaborate plot to cease Tesla’s assets in bankruptcy. Then after moving on through several iterations of your argument, it morphs into a debate about my ignorance, when you replied to Brian’s reply that included the lease and partnership agreement. They are partners. Tesla is obligated via a lease agreement to assure Panasonic an assured return on their investment.
While I do have a masters in finance, I have not poured through the books in detail like you or certainly Brian. I’m optimistic about Tesla and biased. I think their debt levels are high when looking at trailing revenue and always have been, but are modest when looking at forward revenue. Lease and purchase agreements are obligations, even if they don’t show up as debt. That said, agreements like this are likely subject to adjustments and Panasonic may be one of the ten suppliers negotiating claw backs. Assuming Panasonic systems were part of the bottleneck, the lease agreement would likely be more flexible than a debt instrument.
You’ve raised a lot of good issues and concerns over time, you’re welcome to the last word. Hopefully something better than an ironic “what you got...high school posturing”, which is pretty high school. I know you’re better than that.
Attachments
I hope I didn’t ground the Shorty Air Force permanently.
S Padival on Twitter
Background: Shorts were ecstatic that they found a secret location where Tesla has stashed broken model 3s. They even flew a plane for a couple of days for some aerial reconnaissance. I just let it slide, but some media types started picking up on this “story”
tl;dr: Turns out TMC folks spotted the same site last year and it belongs to a car transport company called LNR services.
S Padival on Twitter
Background: Shorts were ecstatic that they found a secret location where Tesla has stashed broken model 3s. They even flew a plane for a couple of days for some aerial reconnaissance. I just let it slide, but some media types started picking up on this “story”
tl;dr: Turns out TMC folks spotted the same site last year and it belongs to a car transport company called LNR services.
From the guy who edited his earlier post to remove his rudeness towards me because I hurt his feels with facts. I've edited none of my posts. Please link to anywhere on this forum where I initiated personal attacks against anyone.
Yes, sorry, you are too smart and I didn't get you. Could you explain again, please, what was it with the market action?
These are the remaining network gaps. North Dakota, for example.
I actually have reasons to drive to North Dakota which is why I check this regularly... can't do it with Superchargers yet :-(
Well, that's sort of what I was saying. I think they're going to keep doing R&D but the parts which involve large physical prototype building (i.e. spending money beyond regular salary) will probably be postponed for a quarter.
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