[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 167 KB, 353x406, ef660899aaa93ba5a267d6ee229c1705.png [View same] [iqdb] [saucenao] [google]
13703378 No.13703378 [Reply] [Original]

>From: Elon Musk

>To: Everybody

>Date: May 16, 2019

>As mentioned at the company talk, it is extremely important that we examine every expenditure at Tesla no matter how small, and be sure that it is critical.

>When making hundreds of thousands of cars, battery packs and solar systems, even a ten cent savings could be worth over $50,000 a year. There are over 10,000 unique parts and processes at Tesla, so making small improvements across the board has a giant cumulative impact.

>At the same time, we must also continue to make our products subtly better in thousands of small ways.

>It is important to bear in mind that we lost $700 million in the first quarter this year, which is over $200 million per month. Investors nonetheless were supportive of our efforts and agreed to give us $2.4 billion (our net proceeds) to show that we can be financially sustainable.

>That is a lot of money, but actually only gives us approximately ten months at the first-quarter burn rate to achieve breakeven. It’s vital that we respect the faith investors have shown in Tesla, but it will require great effort to do so.

>That is why, going forward, all expenses of any kind anywhere in the world, including parts, salary, travel expenses, rent, literally every payment that leaves our bank account must be reviewed, confirmed as critical and the top of every page of outgoing payments signed by our CFO.

>I will personally review and sign every 10th page.

>Please examine closely every expense where responsibility is, or probably should be, assigned to your group. If in doubt, assume it is on your plate, so that we don’t have anything slip through the cracks.

>This will take at least a few weeks to get right. Please don’t worry if it isn’t correct at first.

>This is hardcore, but it is the only way for Tesla to become financially sustainable and succeed in our goal of helping make the world environmentally sustainable.

>Thanks again for your excellent work,

>Elon

>> No.13703393

>>13703378
SHUT THE FUCKING FUCK UP

>> No.13703401

>>13703378
>Literally nothing
Thanks anon...

>> No.13703519

>>13703378
You have no idea how insane this is.

Basically he's saying he has no trust in his managers.

>> No.13703525

Chainlink is the epitome of a multi-level and intelligent scam. There are only three or four people on the team, who have some of the most unimpressive resumes in the blockchain field. Their Testnet consisted of nothing more than a simple JSON Parser, something that any college freshman could put together over a weekend. Remember all of those "projects" during late 2017 that ended up being nothing more than vaporware? Chainlink is one of them. Somehow they've survived for two years, but I think that's due to the different approach they have taken. Instead of hyping their coin, they've stayed extremely patient. They know that they can make more money from you over the course of a few years rather than weeks. I would be very cautious if you decided to buy Chainlink, as it could very well be the worst decision you've ever made. The CEO of SmartContract (Sergey Nazarov), the founder of Chainlink, holds a degree in Sociology and a minor in Religious Studies. He's also worn the same shirt at every single conference for the past two years. Is that really someone you want to trust with your money? Don't fall for all of the technical terms used in this talk. Those words mean nothing. The people in the crowd don't even know what he's talking about. The Blockchain Team Leader at Microsoft, Chad O'fork, said this about Chainlink in February 2018: "While Smartcontract and Chainlink are interesting projects, I doubt there would be any real use-case in the future for such technology. Companies do not like to put their data in the hands of anonymous node operators."

>> No.13703535
File: 81 KB, 446x435, 1558118036455.png [View same] [iqdb] [saucenao] [google]
13703535

>>13703525
I’ve noticed a lot of new posters in the last 69hr (SIXTY NINE) asking about Chainlink and just wanted to warn you. Chainlink is shilled HEAVILY here and it’s very hard to understand so this background is crucial to ensure you stay safe.

Basically, a bunch of RACIST WHITE CIS MALE 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people (IT WAS BESIDE THE FUCKING TOILETS FOR FUCK'S SAKES, YOU COULD HEAR THEM FLUSHING), literally no news or partnership came from the event.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.
The coin is HEAVILY manipulated by a literal TRANNY DISCORD who pump and dump this coin more than their boyfriends pump and dump hot cum into their asses, and the supply is dried up from huge fucking chink whales who accumulated below ICO price to create a artificially lower supply.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser (OH MY GOD ITS JSON PARSER...............) for smart contracts (LOL HOW CAN A CONTRACT BE "SMART"???), would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. You're literally just buying a wh*tepaper.

They only have 2 devs who are literal pajeets (SURGAY PAYS THEM IN NON BEEF BIG MACS) and Surgay NAZAJEET is a literal psychologist (trusting a shrink? LOL is he gonna tell us to go clean our room next?). SO basically, it's a scam, ok thanks.

Now go do the needful and buy a real coin like MATIC.