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Joined 2 years ago
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Cake day: August 9th, 2023

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  • And people probably will.

    For the most part, the US has staple foods covered internally. We import stuff like coffee, but grains and potatoes and chicken/pork/beef are all here. I expect that when people see the shelves for electronic trinkets go bare at Walmart, they will panic buy food. This will end up like covid food shelves; a bunch of scary videos of food shelves being empty, but then restocked within a week.

    That’ll mean you may not be able to get things at the grocery store when you want them for a while.

    I had happened to buy a small chest freezer just before covid, and that ended up being such a good investment just then. Looks like it will be again.










  • It’s a major part of their profit margin, but even with their decline this quarter, they’d eek out a profit without it.

    https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/

    In Q4 2024 alone, Tesla earned $692 million from selling regulatory credits or carbon credits, accounting for nearly 30% of its quarterly net income of $2.33 billion.

    At least for now, they’re keeping their financial head above water even without carbon credits. Of course, no business would willingly throw away 30% of its net income.

    The big thing for them is that those credits are free profit. Other car companies have to buy them to make up for their ICE cars. Tesla doesn’t sell a single ICE car, so everything they make comes with a credit. Mind you, as the market transitions away from ICE, those will naturally evaporate from the company’s ledger.





  • I went to a technical college that had a police training program. Technical colleges sometimes have the reputation of being glorified high schools. That’s mostly unfair, but there were three guys in some of my classes who were determined to make it that way. Give you one guess as to what program they were in.

    I wouldn’t trust those three to be security guards at a shopping mall.