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Joined 2 years ago
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Cake day: July 15th, 2023

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  • Tesla believes it is better at reporting crash data than its competitors, and so the discrepancy in numbers makes them look bad.

    It’s almost as though leaving safety and associated reporting requirements in the hands of private business doesn’t work out for consumers. If only there was some public institution that would hold all vehicle manufacturers accountable and enforce reporting requirements. I cannot possibly imagine how that would work though. /s









  • Yes, it’s equally as unrealistic as leaving money idle for 532 yrs.

    The only point I was making was that multiplying $5,000 a day by so many years is a silly comparison as it ignores the dominating factors to building wealth.

    Billionaires shouldn’t exist but also they don’t exist because they stuff X dollars under their mattress every day.


  • Not really with that amount of time. Suppose you put away $1,000 a year for 532 years, at 3% you still end up with $225 billion.

    The deposits are completely dwarfed by the compounding interest. If you only start with $1,000 and add nothing else but let that original $1,000 compound at 4% you’ll have over $1 trillion.