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Biff Tannen

Burnt Ends
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Posts posted by Biff Tannen

  1. 1 hour ago, Tuco said:

    I do feel a bit sorry for Kim's interpreter.  "No, really, that's what he said.  I don't know what it means either.  Nobody does.  Please don't shoot me with an anti-aircraft gun."

    Lulz

  2. 1 hour ago, Robin Masters said:

    The real heros of Tesla are Bernanke and Yellen and their crushing of yields. Without that a charlatan like Musk could never get enough cheap capital to get this off the ground, much less sustain it this long.

    Why does every recall, death crash, shut down matter? Because interest rates are on the rise, the fed is decreasing its balance sheet instead of increasing, credit markets are slowly tightening up, and Tesla still needs to borrow billions, despite Musk insisting they do not. Every quarter they miss production numbers hugely. The order backlog is not there like it once was. Basically it looks more and more like they will go bankrupt, equity holders wiped out, etc. The inability to ramp up model 3 production is just the latest of their many problems. There have been so many lemon model 3s that even crazy  permabullTesla worshippers are starting to sense that the emperor has no clothes.

    They have done some nice things to push the car makers forward, but in the end they will get ground up. I guess there's always this dream that AAPL or someone buys them, but why buy the stock now when you can just buy the bonds in a bankruptcy in a few years.

    You could be right on some level, but the bold is just patently false.  If the numbers at the end of this year don't play out, then I'll revisit, but the order backlog IS there and most predict they will post a profit next quarter.  But regardless, posting a quarterly profit isn't the business model.  It's way more long term.  The Model 3 production ramp is actually tracking to be on schedule for original (2015?) predictions.  As for "lemon" Model 3s?  There have been a few with issues, but the VAST majority, mine included, are incredible.  By far the best car I have ever driven.  It is not close.

  3. Since we have devolved into a bunch of 8 year olds and trolling is now the preferred behavior among actual adults, Bezos should ship a couple of tons of horse manure to the white house front porch via Amazon.

  4. 1 minute ago, DigDug said:

    Pretty sad that this ding dong has to read prepared statements off a teleprompter any time something goes down.  He doesn't posses the capacity to say something eloquent and caring from the heart.  It is simply not in him.

    Yes, one must first have a heart in order to speak from it.

  5. 13 hours ago, burntorangebongos said:

    Those house members should think of this and vote against the dotard for the record. So What if he vetos it.  Fuck the graft and collusion and do the right thing, fucking cowards!

    Lol, good luck.  "Do the right thing" and "House members".  The two shall never meet.

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