.

[HaulingAss]

Unless AGI Tesla conquers, not likely, cars may be too toxic to humans at any speed. AP is digging Tesla a hole it may not be able to backfill with AI. While FSD promises to eliminate human input, external error and random accident there is coming into focus subsets of externalities for which intelligence human, artificial or General can not account.
Meaning robo is constrained in just exactly what it can do in context like reducing human labor to improve safety and health. Optimus is a capitalist Willy Wonka Dream Factory but planes will fall out of the sky, cars will crash into things, and human do the strangest things.
Tesla could pivot into subsets and Willy Wonka Worlds.

AGI will be conquered, and quicker than most people think, even if it takes 5 more years. I think it will be sooner.

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[charliemagpie]

I have a guru in the family who is a total skeptic (working on Facebooks new project)

I am looking for this Xmas get together.. see if he has changed his tune.

 

[JBee]

Your numbers are a little off, being based upon net worth instead of the more common income which is bandied about. Most of those millionaires are so because they own a house they occupy and would have to replace.

Another way to look at it is those millionaires would be shifting their illiquid capital by 5-10% to get a $100k truck. That truck would cost 2/3rds of my house!

-Crissa

Why do you still live in a teepee?

We do sub $100k off-grid passive microhomes you can put nearly anywhere.

I saw in the news last week In Sydney there are only 10 suburbs left where house prices are under $1 million. American tax payer funds at work, via China and Aussie mining.

 

[charliemagpie]

Most self-made I know have a culture of sacrificing, creating and building. Not spending.
They have a higher weekly spend, but wasting is something they will only do in retirement.

 

[JBee]

I learnt in my early thirties never to invest your own money in your own business if someone else will do so for less cost. ?

Most billionaires borrowed more than they ever earnt and invested privately. If used properly it is just a time compressor, so you have funds to expand faster now, rather than wait for profits and then expand, potentially only after the opportunity reached its peak. Also loans are critical for taking money out of your investments for other things, without it turning into income. Loans are nothing but a financial tool, but like every tool you need to know how to use them, and how not too.

I suppose that is the difference between millionaires and billionaires these days? The fastest way to make money is to use someone else's, because money itself makes money, if you manage it right. All you need to do is manage it better than your lender. ?

My two cents for money, is to first understand the nature of money and what it exactly is, before you use it. Like many other things, we think we know, but the only thing we can be certain of is that we don't know enough.

And once realizing that the only true currency is time, then:

• Reduce costs whilst improving capability.
• Rather spend half, than earn double.
• Buy tools not toys.
• Leverage everything to what it can do in the worst of times
• and never invest everything into one thing no matter how good it is.
• Diversify, distribute and decentralize and grow everywhere.

You can only spend your time once, so spend it on things that matter most.

lol looks like it's time to get off the forum again.. ?

 

[greggertruck]

This may not land with many people, but.. Surprise: your cost is about the same with your 40k F150 and a 70k Cybertruck. BONUS, you OWN it, not putting single use dinosaur smoothies in it.

You. Own. The. Vehicle. The depreciation is bigger, better tax benefit there if you're into that, and the recoup is better. You do not get your gas spend back when you resale.

I feel like most won't read this, I won't even go about it from a oil changes / maintainence end, just purely cost of gas and the vehicle payment.

WITH 5K TRADE VALUES ATTACHED/ NO CASH DOWN!

Standard F150, 40k... 5 year loan.
Payment: $645
Gas: (1/ wkly tanke) $350
Total month: 995

Cybertruck, figurative 70k sticker... 5 year loan
Payment: $1197
"gas": $50
Total month: $1247

I personally, WILL, pay another $250 to have it if it is a sensible tool for what I do. I need the large bed, 300+miles in range would be ideal. I will offset my cost with a substantial down, and my Tacoma will trade in pretty nicely. All in, I'd be around half that payment and again, own it. Dollars and sense.

 

[Throwcomputer]

That's why none of us live there anymore. Not that we wouldn't want to live there, but because the latter.

-Crissa

Exactly. I would much rather live in Ireland, Maine or Alaska. I actually had a job lined up working the conservation corps in Alaska and an application for grad school in NYC pending response at the same time at age 25. I would have preferred to move to Alaska and live a more relaxed life. The same week I was offered the job in Alaska, I found out I got into grad school in NYC. I chose NYC, despite not liking cities, because I told myself this was the better career and life choice... a terminal degree and a city with tons of job opportunities with higher pay.

17 years later, on hindsight, I would probably have chosen differently, cause what they don't tell you when they say "think of your career" is that to live where you can get a job and make decent money, you have to live in a place that is unaffordable and take on ever increasing debt for that terminal degree.

 

[SpaceYooper]

WITH 5K TRADE VALUES ATTACHED/ NO CASH DOWN!

Standard F150, 40k... 5 year loan.
Payment: $645
Gas: (1/ wkly tanke) $350
Total month: 995

Cybertruck, figurative 70k sticker... 5 year loan
Payment: $1197
"gas": $50
Total month: $1247

If only we knew insurance costs.

 

[greggertruck]

If only we knew insurance costs.

Lovely question, and I think that the Cybertruck is honestly PROBABLY... the single most benefited vehicle of Tesla Insurance.

On my Tacoma, full coverage is like $80 a month? I have a quote for an exotic luxury vehicle as well, it's $140. Less than I THOUGHT on a $165k car.

 

[Throwcomputer]

This may not land with many people, but.. Surprise: your cost is about the same with your 40k F150 and a 70k Cybertruck. BONUS, you OWN it, not putting single use dinosaur smoothies in it.

You. Own. The. Vehicle. The depreciation is bigger, better tax benefit there if you're into that, and the recoup is better. You do not get your gas spend back when you resale.

I feel like most won't read this, I won't even go about it from a oil changes / maintainence end, just purely cost of gas and the vehicle payment.

WITH 5K TRADE VALUES ATTACHED/ NO CASH DOWN!

Standard F150, 40k... 5 year loan.
Payment: $645
Gas: (1/ wkly tanke) $350
Total month: 995

Cybertruck, figurative 70k sticker... 5 year loan
Payment: $1197
"gas": $50
Total month: $1247

I personally, WILL, pay another $250 to have it if it is a sensible tool for what I do. I need the large bed, 300+miles in range would be ideal. I will offset my cost with a substantial down, and my Tacoma will trade in pretty nicely. All in, I'd be around half that payment and again, own it. Dollars and sense.

I think most won't read this argument or hear this argument is because everyone else is comparing F150 LIGHTNING (electric version) at the mythical $40k price tag... not the F150 gas vehicle.

 

[greggertruck]

I think most won't read this argument or hear this argument is because everyone else is comparing F150 LIGHTNING (electric version) at the mythical $40k price tag... not the F150 gas vehicle.

Entirely agreed. I look forward to seeing a 40k price tag'd EV truck around 3am in my bed this evening, on the back of my eye lids!

I am CERTAIN with Tesla saying it went up, we will see Ford drop the basic 40k lightning. I have a feeling Tesla is playing chess and is going to still tease a cheap single motor truck for like 52-55k that'll come out in 2025 or something. But for now, dual and quad out the gate 65k and 87k.

 

[charliemagpie]

I feel like most won't read this,

I hope they do because it was an excellent post.

------------

I have a limit of course, but my mindset focuses on monthly repayment amount more that whether the price is increased $10,000 one way or the other.

But that's my situation. But the math, as you say, can work for more people than we think.

As a side note…. I am not sure if I will do this or not… But the other day I thought since I will spend half my time living in another country… maybe I can use the 6 months away to add my CT to the Robotaxi network.

The software will ensure it stays on road, and according to Elon, there 'may be' like a Sheppard looking after a flock.
SO if I have software controlling, and a Sheppard overseeing… I could make say $!5,000 in a half year… which would totally cover repayments. !!

One could say:
'WHatif its damaged ?',
A. Tesla would fix it
B. What have I lost ? I have it for free lol.

 

[windydrew]

You are probably right. There are some people that will buy a quad and not care about the price. Think of Plaid Model S buyers…tiny number. Then there will be some tri-motor people willing to get the quad to be first in line. Depending on the price I may be in that group even though I cannot foresee a need for all-wheel independent drive. The vast majority of truck buyers buy for functionality and a certain degree of comfort. That is why the Silverado is a tough sell. To get a reasonable range you have to pay over $100K. On an inefficient platform with no charging infrastructure. Unlikely. So I think that Elon will hold off until he can sell the CT at a price people will find hard to pass up. Just my opinion.

Where do you get that? They claim 400 miles on the base model, probably $50k.

 

[Jhodgesatmb]

Where do you get that? They claim 400 miles on the base model, probably $50k.

At first I thought that you possibly fell for typical marketing hype, but on reading it further they do say that the WT will have a 400-mile option. I do not know what that option will cost but it might be $50K as you say, maybe more, not less. I wanted the version with 4WS, midgate, and other CT features and that is the RST. The price they quoted me when I made the reservation was $106K:

https://www.motor1.com/news/558979/chevrolet-silverado-ev-trail-boss/

 

[windydrew]

Yes, RST is top trim like the plaid. Seems in line. We don't know what options the WT won't get but I feel like the Midgate and 4WS will be reasonable options on the WT as those are functional features.

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