I'm working on a pro bono concept for a fixed, high level pedestrian bridge in Miami which would connect Brickell with Downtown. More details soon in a future Substack article.
@lilduval I’m putting my assets into a trust and one of the clauses will be they cannot sell the properties. Im already talking to my daughter about it and explaining what generational wealth is and how to keep it.
I’m starting to think it’s really no way to have long generational wealth without fucking over mass amount of people. Cuz everybody that has it now did as some point
Today, $TSLA announced that in the third quarter it sold 241,300 vehicles globally, up 73% year over year (YoY) and 20% quarter over quarter (QOQ). Meanwhile, $GM blamed the ~33% YoY decline in its US sales on chip shortages. What? #EVs require 3-5x more chips per car produced!
Carnage in $VIAC may not be done. Hearing another $2b block of shares being shopped tonight as liquidation of one or more hedge funds continues.These were the buyers sending $VIAC and $DISCA up over these last 2 months. Buying on swap, using enormous leverage and somehow unknown.
@skorusARK But you have to think that some of these EV makers are not just making cars. They are making batteries. Charging stations. Charging ports and solar panels.
1/Reading an old paper on cost declines and thinking about electric vehicles:
In an industry where everyone is on the same cost decline curve, market share matters.