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Comment Re:There's more to it than profit. (Score 2) 232

Yup. The gigafactory is both now, and has always been, their major project. They're going to be in the red until it is built. In the meantime, the waning capital is a chance to invest early for people who are savvy about how revolutionary Tesla is poised to be.

Comment Summer factory work (Score 1) 179

I was employed for the summer at a large knitting mill. I despised the job. NAFTA was passed, and before the ink could dry the company announced that it was moving all operations to Mexico, laying off most of their staff and leaving a skeleton crew to break down the factory. They didn't fire anyone because, you know, then they'd have to provide unemployment benefits. So everyone just got laid off instead. I can't say I was sad to have lost the job. I did however feel bad for the people who had been working at the mill 40+ years who were losing their livelihood and had no other employable skills.

Comment Re:Too bad... (Score 1) 610

Not trying to throw my hat in behind the report, but it does say it's an interim report. So they may still be refining numbers. It's very possible that some director said "have a copy on my desk by tomorrow even if the numbers aren't completely ready, just give your best guess." That happens quite frequently in my job at least.

Reality must take precedence over public relations, for Mother Nature cannot be fooled. -- R.P. Feynman