Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’


petros
+3
#1021
Quote: Originally Posted by taxslave View Post

You haven't bought any cat food lately. Soon there will be fights over road kill if trudOWE &co. remain in charge of our pensions.

Harper made CPP impossible for the Liberals to raid again.
 
petros
+3
#1022
Quote: Originally Posted by taxslave View Post

Must be why GM and Ford are pulling out of Canada.

Unifor.
 
petros
+3
#1023
FORD Mach-E comes out today.

Let's watch the numbers...
 
captain morgan
+4
#1024
Quote: Originally Posted by Curious Cdn View Post

You should spend a day driving through the practically endless industrial parks in the 905 ring in orbit around Toronto and let's see how much rust you can find.


How many of them are actually occupied



Quote: Originally Posted by Curious Cdn View Post

It's a myth generated by your jerkwater politicians for the benefit of jerkwater hillbillies who have a pathetic need to believe they're better than the rest of us.


How ironic that you have described yourself to a Tee.
 
Hoid
#1025
If you had invested $5000 in Tesla in 2010 how much money would you have now? (hint: its more)

https://www.fool.com/investing/2019/...s-how-muc.aspx

If you had put $5,000 into GE in 2010 you would have maybe $3,000 left?

Well, you guys would know better than me
 
petros
+4
#1026
You'd have zero more money and $5000 in shares that don't pay.
 
Hoid
#1027
If you had invested $5,000 and been lucky enough to get in at the IPO price of $17, your Tesla stock would be worth $102,050 today. Over nine years and four months, that's an average annual return of 38.3%
 
petros
+3
#1028
You're right, you are shitty at math.
 
MHz
#1029
Quote: Originally Posted by taxslave View Post

So with manufacturing leaving Ontarieowe in droves all you have left is welfare.

Indian Affairs has always created lots of needless jobs and other needless expenses. When you look at 'immigration' as legal slave trafficking the horror will leave you almost instantly.
 
captain morgan
+3
#1030
Quote: Originally Posted by Hoid View Post

If you had invested $5000 in Tesla in 2010 how much money would you have now? (hint: its more)

https://www.fool.com/investing/2019/...s-how-muc.aspx

If you had put $5,000 into GE in 2010 you would have maybe $3,000 left?

Well, you guys would know better than me


If I had invested $5,000 in Bre-X at $0.10 at their IPO and sold at $250/share prior to demise, well, I'd probably be able to take that money and buy big shares in Rivian and make a killing st Tesla's expense.
 
pgs
+2
#1031
Quote: Originally Posted by captain morgan View Post

If I had invested $5,000 in Bre-X at $0.10 at their IPO and sold at $250/share prior to demise, well, I'd probably be able to take that money and buy big shares in Rivian and make a killing st Tesla's expense.

Bre-x was a successful standard bred out here on the wet coast and made good money for the trainer , breeder and owners. It also made or makes money in the shed and has many accomplished runners .
 
taxslave
+4
#1032
Quote: Originally Posted by Hoid View Post

If you had invested $5,000 and been lucky enough to get in at the IPO price of $17, your Tesla stock would be worth $102,050 today. Over nine years and four months, that's an average annual return of 38.3%

And what kind of dividends have they paid out? That is where the true value lays.
 
Hoid
#1033
Ya who wants 38% growth
 
captain morgan
+3
#1034
Quote: Originally Posted by Hoid View Post

Ya who wants 38% growth


38% growth in nothing is still nothing
 
petros
+3
#1035
Until you sell you haven't "made" a penny.

Is Hoid condoning going all 1%er and cashing in? Where is the product loyalty and going for the long haul to enjoy an EPS income you can pass on to your estate?
 
petros
+3
#1036
Quote: Originally Posted by captain morgan View Post

38% growth in nothing is still nothing

Half would go to the Feds.
 
Hoid
#1037
Quote: Originally Posted by captain morgan View Post

38% growth in nothing is still nothing

actually 38% growth of $5000 since 2010 is $102,050
 
Mowich
+4
#1038
Today's Electric Car Batteries Will Be Tomorrow's e-Waste Crisis, Scientists Warn

Electric vehicles will play a crucial role in humanity’s fossil fuel-free future, but no technology comes without cost. The lithium-ion batteries that EVs run on are made from metals that are mined at a serious environmental and human toll, and from supplies that won’t last forever. When those batteries die, they’re liable to join the tens of millions of tons of spent electronics piling up as e-waste in landfills around the world.

That’s why we badly need to develop better methods for recycling EV batteries and start scaling up the recycling infrastructure now, a team led by researchers at the University of Birmingham in the UK argue in a review paper published today in Nature.

As the paper notes, the one million EVs sold around the world in 2017 will eventually result in 250,000 tons of battery pack waste that the world’s recycling infrastructure is ill-equipped to handle. And while EV batteries can last for up to 20 years, the potential battery waste in the pipeline as EV sales grow year over year is enormous.

“It is important that we anticipate problems before they happen,” said lead study author Gavin Harper, a research fellow at the University of Birmingham’s Faraday Institution. “We have seen in the past with car tires and fridges how waste mountains can arise if we don’t anticipate waste management problems.”

In their paper, Harper and his colleagues try to sketch out what an effective waste management infrastructure could look like for EV batteries, which, in addition to lithium, contain critical metals like manganese, copper, and cobalt. As with consumer electronics, managing waste starts with extending the life of EV batteries as much as possible. When they’re no longer useful for driving, they can be repurposed for other types of energy storage like home batteries—an idea that companies are already pilot-testing around the world.

But eventually, EV batteries will reach the end of their useful life, at which point they need to be recycled. Today, Harper said, most recycling revolves around using heat to melt the batteries down to slag, followed by chemical separation techniques that recover specific metals like cobalt. But these so-called pyro and hydro-metallurgical techniques are energy intensive and produce toxic gas byproducts, and the materials they recover are often low quality.

A better route forward, the authors say, would be direct recycling, where cathodes are rehabilitated for use in new batteries without separating them back to the individual metals. It’s also possible that we could harness so-called biomining microbes that produce acids to liberate key metals from rock—an idea that scientists are also hoping to apply to asteroid mining.

There are flavors of all these techniques in development at universities, startups, and even established companies like Tesla, which this year announced that it would be developing a battery recycling system at its Gigafactory 1. But there are also major hurdles to scaling up, including the cost and complexity of the recycling and the many hazards of dealing with EV batteries, which run at high voltages and can electrocute the person doing the disassembly. These batteries can also overheat and release toxic gases or—much like their counterparts in smartphones—explode.

There’s also no industry-wide standardization in terms of EV battery design. With the configuration and chemical makeup of batteries constantly evolving, any recycling technologies we develop today need to be adaptable—part of the reason Faraday Institution researchers are working to develop artificial intelligence systems that can identify and sort batteries of all shapes and sizes.

Corporations also have a responsibility to design batteries that can be easily taken apart for resource recovery, said Payal Sampat, the mining program director at the nonprofit environmental organization Earthworks.

“Companies must assume responsibility for the end-of-life of their products—which in turn means that products will be better designed for recovering minerals,” Sampat wrote in an email.

While the challenges are significant, the rewards of figuring out how to do this are potentially huge. As a report commissioned earlier this year by Earthworks noted, easily-accessible supplies of battery metals are being depleted rapidly. Annual demand for lithium is projected to surpass current production rates from mines as soon as 2022, and by 2050, demand for cobalt could exceed known planetary reserves.

At that point, the millions of tons of metals locked away in dead EVs are going to start looking pretty appealing.

www.vice.com/en_us/article/ywajkw/todays-electric-car-batteries-will-be-tomorrows-e-waste-crisis-scientists-
 
taxslave
+2
#1039
Quote: Originally Posted by Hoid View Post

Ya who wants 38% growth

Not many if it doesn't pay dividends. You pay tax on that inflated value so there needs to be some return to justify hanging on. It is kinda like your house that you paid $60000 for being worth $1oooooo. Unless you intend to sell the only one that benefits is the taxman.
 
Hoid
#1040
you can borrow against your equity
 
captain morgan
+5
#1041
Quote: Originally Posted by Hoid View Post

you can borrow against your equity


An uber smart move taking on debt (with a personal guarantee no doubt) collateralizing that debt against a company on the verge of bankruptcy .. You should do exactly that
 
petros
+1
#1042
Quote: Originally Posted by Hoid View Post

actually 38% growth of $5000 since 2010 is $102,050

38% of 5000 is 1900.
 
Cannuck
#1043
You should let the adults talk
 
pgs
+3
#1044
Quote: Originally Posted by Cannuck View Post

You should let the adults talk

That leaves you out .
 
Danbones
+4
#1045
Quote: Originally Posted by Hoid View Post

CN rail announces sweeping job cuts due to business conditions.
I would have thought they would be hiring in order to help with all these new oil car contacts.

No ( I see why you don't link much)

CN Rail confirms job cuts as weakening economy cuts into freight volumes
https://www.castlegarnews.com/news/c...eight-volumes/

No, yer buddy black face the globalist nazi commie racist, has Effed the economy up really badly.
 
MHz
+1
#1046
Quote: Originally Posted by Danbones View Post

No ( I see why you don't link much)

CN Rail confirms job cuts as weakening economy cuts into freight volumes
https://www.castlegarnews.com/news/c...eight-volumes/

No, yer buddy black face the globalist nazi commie racist, has Effed the economy up really badly.

Notice it happens after the south has all their warehouses full of goodies while the people in the north are chewing bark to avoid starvation. Good reason for the UN to confiscate the whole north as a scene of crimes against humanity as that is just what the last 70 years have been.
We have a country run by 100 psychopaths rather than just one acting as the head (that the sane body cannot resist), At least the bullshit they publish is just as bad as their actual performances.
 
Hoid
#1047
Quote: Originally Posted by petros View Post

38% of 5000 is 1900.

math is hard
 
petros
+2
#1048
Quote: Originally Posted by Hoid View Post

math is hard

I see that. Try this: A = P(1 + rt)
 
Hoid
#1049
Quote: Originally Posted by petros View Post

I see that. Try this: A = P(1 + rt)

Is that the formula you used to get the total for 9 years of 38% growth?
 
taxslave
+3
#1050
Quote: Originally Posted by Hoid View Post

you can borrow against your equity

True, if you can find a lender that will take them and even then it will probably be on %50 or less of their value. You are still stuck with paying income tax on the inflated value though.