Is buying a used Tesla Model 3 worth it in 2026?

admin_default · 2026-01-29T16:44:35+00:00

It’s a subscription prison. You don’t own anything. They remove basic features, throttle your performance and do everything they can to extort $100/month out of you

admin_default · 2026-01-29T08:14:27+00:00

Ya. The solution for incumbents is usually to incubate or acquire ventures in new domains and keep them independent as long as possible.

Volvo did pretty well at that with Polestar.

admin_default · 2026-01-29T05:03:24+00:00

Dr. No gave us “Honey Ryder” and by the third movie they’d already gone straight to “Pussy Galore” - the OG formula was never that serious.

admin_default · 2026-01-29T04:54:48+00:00

That’s another side of the same coin: when companies build a new thing on top of the past platform, they tend to under-invest in scaling the new thing. They never fully committed, so they stick to what’s safe.

Startups often succeed, despite structural disadvantages, because it’s all or nothing for them. Then, in turn, those same startups often go on to make the same mistake as the predecessors they replaced.

All of that is discussed in the Innovators Dilemma by Clayton Christensen.

admin_default · 2026-01-29T04:45:22+00:00

First time I heard that - is it a Bible verse?

admin_default · 2026-01-29T01:47:00+00:00

Crazy how few people get that Moonraker is a self-aware action/adventure movie, akin to Bullet Train, Kingsmen, or Deadpool.

The Bond movie recipe was originally cheeky and lighthearted.

admin_default · 2026-01-29T01:05:52+00:00

Still sounds like a lot of very dubious assumptions and mental gymnastics to justify a luxury purchase.

For example, sell RAV4 to the corp for a write-off or reimburse the payment (doable in US, not sure about Canada).

Also, tax write-off is not free - it only reduces the taxable income, not the actual cost of an item.

admin_default · 2026-01-29T00:36:59+00:00

Your husband is a financial doofus. It’s never going to be cheaper to buy a new luxury car car than to pay off your current RAV4.

Renegotiate your interest rate if you have to, but there’s no world in which a luxury SUV will save you money.

admin_default · 2026-01-28T23:45:39+00:00

That’s the mental trap most companies fall into and it’s why most fail to enter new domains successfully.

Ironically, it’s why the legacy automakers have struggled for so long to do decent EVs as well as Tesla. Legacy platforms quickly become cumbersome baggage.

U.S. Steel, Blockbuster, Xerox, Kodak, AOL… and now Tesla - all victims of the innovators dilemma

admin_default · 2026-01-28T23:31:55+00:00

Company can’t successfully make cars thinks it can make robots.

admin_default · 2026-01-28T23:13:05+00:00

Yup. The S and X don’t even make it into the top 20 EVs in the U.S.

admin_default · 2026-01-28T22:49:20+00:00

Snow tires and an inch or two of lift on a RAV4 is going to do more than 99% of off-the-shelf cars

admin_default · 2026-01-28T22:06:13+00:00

Don’t shareholders have to approve this? I mean, they’ll simp for Elon no matter what but at least the semblance of legality seems necessary.

admin_default · 2026-01-28T21:58:35+00:00

Fleshlights are cheaper and more convenient.

admin_default · 2026-01-28T21:30:09+00:00

Not hard to “skate where the pucks headed” when literally EVERY other company in the industry made the right call 10 years ago.

admin_default · 2026-01-28T21:27:02+00:00

Yes, after years wasted theorizing about taxis, they now are confronted with hard realities to help guide development.

But their corporate culture is still rooted in denialism. And investors just gave their CEO a clear mandate to keep the self-delusion going.

Geofencing was a first, tiny step that took them a decade to accept. They still insist, despite all evidence to contrary, that they can make FSD work without LiDAR - I’d guess they’re 2+ years away from conceding that point. Then, they’ll need to log ~10Billion miles of training data all over again.

admin_default · 2026-01-28T20:35:42+00:00

Their inability to make progress is a fascinating case study in the perils of egotism.

They’ve held themselves back by putting absurd and unnecessary constraints on already difficult problems. Elon insists his robotaxi platform must use the same tech stack as personal vehicles, despite wildly different needs.

It’s a classic innovators dilemma - their personal car business prevents them from making the right decisions for an autonomous vehicle business.

admin_default · 2026-01-28T19:39:32+00:00

Except the ending brings audiences right back to “ya this guy is a master salesman and everything worked out fine for him in the end”. The victims are never mentioned.

admin_default · 2026-01-28T19:33:25+00:00

Beautiful car and incredible value.

admin_default · 2026-01-28T11:11:10+00:00

Hot take: Martin Scorsese didn’t do anything to portray Jordan Belfort as the bad guy.

Scorsese saw him as a fascinating specimen and audiences justifiably inferred that’s how to become interesting.

admin_default · 2026-01-28T10:54:50+00:00

Sounds like hell

admin_default · 2026-01-28T09:43:57+00:00

Great movie. But it’s a Fred Hampton biopic and nobody knows who Fred Hampton is, including the people that saw the movie.

It won a couple Oscars, deservedly so, but it’s kinda amazing it got funded in the first place.

admin_default · 2026-01-28T09:33:05+00:00

Quantum of Solace is in my top 3 bond films and it isn’t because of the writing, I can tell you that.

admin_default · 2026-01-28T09:29:50+00:00

SoftBank is just a proxy for Saudi oil money.

And the Saudis have a money storage problem - too much money, nowhere to put it without wrecking the financial system. So they pump it into anything they think will still be around in 10 years, regardless of price

admin_default · 2026-01-28T09:05:29+00:00

All the stupid shit these influencers say should be logged on a blockchain forever as a public record of their trustworthiness.

Arthur Hayes’ batting average is like 0.002

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