This bubble isn’t crashing. People are already losing their jobs because Claude writes good enough code.

The simulation we're in gltiched and hasn't refreshed. Try again in a day or two and see how it looks.

skeptical that whatever is going on justifies that its stock should be punished like that.

Further, Apple would survive an AI bubble burst better than the other big tech companies because Apple doesn't depend as much on AI products nor AI-oriented investment funds.

It's fucking alien bees!

It takes two years to replace a sixty foot bridge and cut down some stream banks to make things look purdy. And only at the low, low cost of millions of dollars.

Wait, what do you mean that's wrong?

Because Tesla only makes a few models, and I think only the Y and 3 are available in China. With Chinese batteries, BTW.

Also because they are aspirational. A lot of Audis are crap, they charge a subscription for heated seats. Range Rovers are unreliable and uninsurable, but people think they compensate for their micro penis.

Because we are locking up trillions of dollars of money for use by about 2,000 or 3,000 people. We have levels of wealth inequality that are worse than the gilded age right before the Great depression.

You're mixing up should and is. This is a common mistake people make.

There should be plenty of money. There isn't. Because a very tiny handful of people have taken it all for themselves and are grinding civilization to a halt. Money is no longer properly circulating in the economy because so much of it is being pushed to the top. This means that the share left over after Elon Musk launches his rockets and becomes a trillionaire is too small to sustain a functioning economy. And as it gets worse it'll become too small to sustain a functioning civilization.

The basic problem here is there's a finite amount of resources in the world and there are a near infinite number of psychopathic assholes who want to be trillionaires. The supply cannot meet the demand. And try as anyone might you can't convince the 12 year olds in adult bodies that you can't have a functioning civilization and billionaires let alone trillionaires...

You are getting shafted by the lack of competition from Chinese manufactures. Here we can buy a brand new long range EV for around $30k before tax, and it's better than a Tesla.

You greatly underestimate the EU. I know it's hard to imagine politicians that aren't working for corporations first, but the way the EU is set up it's very difficult for them to gain traction. Look at all the pissing and moaning about GDPR, RoHS and so forth. The EU made it happen anyway.

So at least for Europeans that option to side-load any app we want isn't going away. What's more, Google is now required to allow third party app stores on Google Play, and I think it's only a matter of time until those stores are allowed to certify apps themselves.

At least for the time being there's a weird thing where you go deep into the settings hit a button and then wait 24 hours and you can install whatever you want. It's clearly there because they are afraid of antitrust law enforcement from Europe.

Eventually assuming all goes as planned they will take that feature away once they get Europe under control and get their people in charge over there. Europe can see that coming but it's going to be hard to stop it because frankly America just has too much money and power and we keep interfering with people's politics. Europe could stop letting the Russians fuck with us over here in the US but their billionaires are hoping that America will collapse so that they can become trillionaires themselves. So that's not on the table.

So there is less inventory hitting the market. This is been a consistent problem with the car market for some time. Our entire transportation network is built around cheap affordable automobiles. Better off people sell their cars and then struggling people can buy them for cheap. I'm pretty damn sure people around here are old enough to remember driving a beater that cost you a summers worth of minimum wage pay throughout your entire College life.

You can't do that anymore. A buddy of mine who has much better off relatives just got gifted a 2014 Toyota with relatively low mileage and I was shocked how expensive the damn thing was worth.

And my kid is still driving the same Toyota that I bought them 8 years ago or so and their sophomore year of college. That will change when they get out of grad school I'm sure but you're talking a viable used car with somebody who has been making what is good money for an American for about 8 years off the market.

It's all well and good the wax poetic about how great it is to be frugal but our economic system can't function with frugality. It'll break down just like it would in 1930. When the boomers die studies show that they are going to take around 75% of the money with them. It's all going to get spent on survival and healthcare. And thanks to wealth inequality the remaining 25% is going to be given disproportionately to a tiny number of people.

This is a major economic crisis literally nobody is talking about. Because the baby boomers are the only ones who were allowed to have good paying jobs. They are the ones keeping the economy going because they're the only ones who have any discretionary spending.

So when they drop dead in about 5 or 10 years all that money gets hoovered up by our healthcare system and goes away. If you're not planning on being dead of old age by then then congratulations you're looking at an economic collapse. And with all the automation going on even more so.

But hey how about them trans girls in sports am I right? Look over there be distracted! They're going to take your cookies! Excuse me cookie, singular.

No one is actually pulling out. The U.S. has made it harder for foreign companies to import them. But there are still domestic manufacturers of EVs, like Tesla, Ford and Stellantis. This is something very else: For the last decade, one big argument against EVs was "bad resale value", because EVs were seen as a novelty, and fear for dead batteries, fueled by the problems with first gen Nissan Leafs, made buyers wary of used EVs. Additionally, there were not many used EVs on the market to begin with, fleet operators did not have many young EVs to sell, and prices did not really average out yet.

Now, demand for EVs is rising due to high fuel prices, and a good public charging network making EVs a viable alternative for many people. And also people looking for bargains are hitting the market, and with used batteries not being the problem they were thought to be, used EVs have its own value proposition. We have here the normal effect of demand rising more than the available supply.

Summary: "SpaceX stock gets mooned"

So even those countries tend to have systems that lend themselves to winner take all. For example the UK still has you only casting one vote per politician. That's the basic problem. You need something like ranked choice voting where you're able to cast a vote for someone you want to win but if they don't you're not throwing your vote away. That's the problem with winner take all voting. It forces you into binary choices and then the billionaires, now trillionaires, can exploit that.

To be fair America's voting system is uniquely vulnerable to these kind of attacks from billionaires because it was set up that way on purpose by the wealthy landowners who created our government. Just like how they didn't do away with slavery they put all sorts of nastiness in our systems to protect their wealth and power. They knew what they were doing was wrong but they did it anyway and they were expecting and hoping future generations would fix it for them. At least the ones who want just bastards there were plenty of those.

There's an old saying, history is supposed to make you feel uncomfortable