• 0 Posts
  • 13 Comments
Joined 1 year ago
cake
Cake day: June 28th, 2023

help-circle
  • But we know what it really is all about - selling more cars.

    It isn’t even about selling more cars at this point, it’s about selling securities. Their market cap dwarfs their total sales. Their P/E ratio is 67.67x, meaning they could sell cars for 67 years and still not make as much money as their stocks are worth today.

    The real product is the rising stock price. The factories are just a front.






  • Solid point. A laptop battery is around 60Wh, and charging that in 1 minute would pull 3.6kW from the outlet, or roughly double what a US residential outlet can deliver.

    Supercaps stay pretty cool under high current charging/discharging, but your laptop would have to be the size of a mini fridge.

    The research paper itself was only talking about using the tech for wearable electronics, which tend to be tiny. The article probably made the cars-and-phones connection for SEO. Good tech, bad journalism.




  • Transportation is a necessity, and I believe every inelastic market deserves a nationalized alternative to prevent price gouging. Like how the USPS keeps UPS and FEDEX in line. With that being said, nationalization doesn’t fix this particular problem.

    China is run like a giant capitalist cartel (in all but name), and appropriately, their ultimate weapon in their hunt for global monopolies is the provision of slave labor. The number of slaves in Xinjiang alone is estimated in the hundreds of thousands, and their labor has been credibly linked to the production of cotton (face masks), polysilicon (solar panels), and aluminum and lithium (EVs).

    It’s no coincidence that these are the industries being slapped with tariffs. No amount of subsidization or nationalization can level a playing field that’s been tilted by slavery. You don’t outcompete slavery, you either penalize goods suspected of involving it, or you go full John Brown.