Avatar

Dave

drahardja@lemmy.world
Joined
0 posts • 60 comments
Direct message

VOA News is not a reliable news source—it’s literally a taxpayer-funded propaganda outlet of the USA. Since the Trump administration the organization has been pumping out odd conservative talking points.

permalink
report
reply

I mean, 1 in 5 is a lot, just to be perfectly clear, so anything even approaching that is a pretty bad. When I was growing up, the number of cars inappropriately using high beams in city traffic was basically zero, so this is a massive regression.

You can tell that a car is using high beams because their light fixture appears fully and evenly lit from eye level. Low-beam headlights look “half full” from an opposing driver’s view. You can also tell because many lower-end cars have a separate housing just for the high beam that only light up when the high beam is on.

permalink
report
parent
reply

I think they’re going to give him newly-issued stock, not cash. However, the newly issued stock will not be backed by new capital (i.e. nobody would have given the company money in exchange for the stock), so what will happen is that existing shares will have their values diluted, i.e. they will be worth less.

In other words, shareholders will pay for Elon’s compensation by devaluing their investments, and not by drawing money out of Tesla’s coffers.

$56B is roughly 10% of Tesla’s market cap of $581B, so shares should be devalued by about that same rate.

permalink
report
parent
reply

But how did you get there?

I think job-hopping helps people who still need to climb the ladder until they land some “senior” position into which they can settle in, safe in the knowledge that they can always find another job elsewhere with their experience.

permalink
report
parent
reply

I am that old, but I am not this old:

.

permalink
report
reply

You don’t need to get rid of private property to undo a lot of the damage done by landlords. You can build subsidized housing to compete. You can write tax codes to make it unprofitable for people to own more than one house. You can tax land by area instead of by built value to encourage building high-density housing.

There are a lot of levers that other countries have been willing to pull that partially counteract the damage of landlording, but the US has been reluctant to touch.

permalink
report
parent
reply

It’s the humidity. Whatever is water-soluble in the dust absorbs water and becomes sticky. Then the water evaporates and it’s like you’ve glued the dust to the wall.

permalink
report
reply

Is the answer no? It’s no, isn’t it?

permalink
report
reply