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Chinese scientists are all trying to convince xi to give it up..so we will see what happens

Not going to happen. Doing anything other than Covid-zero runs counter to 2-year of nonstop Chinese propaganda about their superior approach and "excellent" domestic vaccines.

Look at the Omnicron death rate of Hong Kong elderly vs else where. And HK has by far the best health care system in China.

While it may be undesirable, ports and factories in China have provided accommodation on site for staff. This may be the way forward to resume production in Giga Shanghai.
 
Not going to happen. Doing anything other than Covid-zero runs counter to 2-year of nonstop Chinese propaganda about their superior approach and "excellent" domestic vaccines.

Look at the Omnicron death rate of Hong Kong elderly vs else where. And HK has by far the best health care system in China.

While it may be undesirable, ports and factories in China have provided accommodation on site for staff. This may be the way forward to resume production in Giga Shanghai.
Well to be fair, HK people had extremely low vaccination rate compared to China and the rest of the world. Their elderly was in the low 30s and most likely lower prior to the omnicron outbreak. Now many are running to get the vaccine.

China's vaccination rate is 85% so they should be able to deal with this a little better.
 
I

Pezpunk, StealthP3D and TheTalkingMule
I was wondering what you thoughts were, what you were conveying by 👎to my post. Mind elaborating a bit? Thanks for the feedback.

I just didn't want to discuss your comparison further and wanted to let you know that I still disagreed with it. It seems like you might be conflating rising prices of tech stocks with "injecting money into the system" but they don't have similar effects because rising share prices requires buyers to spend money to bid prices higher. The money supply doesn't change when stocks go up.

I'm never going to agree that the tech bubble was similar to what we are seeing in markets today.
 
Elon sent this "orphan" tweet at 4:10pm EDT, Sunday:
"Berlin rocks"

Could it be Elon got report of good progress of Giga Berlin ramping up?
Elon (and many of us here) is probably still having PTSD from 2020 extended shutdown of Fremont factory. The Chinese zero covid policy and shutdown of Giga Shanghai are no doubt on his mind. In a sense, Giga Berlin to Shanghai now (2022) is as Giga Shanghai to Fremont in 2020: as Berlin is ramping up, it helps to relieve the reduced production of Shanghai.

Chinese zero covid policy:
My bro worked as a middle-level government official in a major city of the Yangtze Delta megalopolis. He's semi-retired but still works with/in the government. He told me that relaxation of the zero covid policy was "considered" before the latest surge. The surge made that a moot point. A major reason of zero covid ("动态清零" literally means "dynamically zeroing out cases") is to reduce the burden of public health resources, i.e. what we've called "flattening the curve."
So basically: China zero policy is the equivalent of mandate of masking and reduced capacities etc.

Does/will the zero covid policy work? We can say "zero covid" doesn't work with Omicron if it means "zero cases" and we can call the Chinese government idiotic and obtuse. But, "zero covid" doesn't mean zero cases - it never was. Similarly, we can ask: do/did the masking mandate and restriction measurements work?

There will be more Wuhans, more cases, and it will last longer in 2022 than in 2020. But it will be OK.

As to Tesla/$TSLA: we've got Giga Berlin online, Giga Texas in production, and MiT (made in Texas) deliveries anytime from now. Relax.
 
ARK Live stream w/ Musk running now,
That's the common crypto scam. Public Service Announcement, easy to tell signs are
* asking you to send BTC/ETH to get more BTC/ETC back plastered somehwere outside of video stream.
* fishy website address on the video
* Channel name does not have verified tick
1649052067379.png
 
Well to be fair, HK people had extremely low vaccination rate compared to China and the rest of the world. Their elderly was in the low 30s and most likely lower prior to the omnicron outbreak. Now many are running to get the vaccine.

China's vaccination rate is 85% so they should be able to deal with this a little better.


With seemingly reliable reports that 45% of the US population (or some major segment) contracted Omicron-1, despite vaccination rates >85% of 65+ and ~65% overall, one shudders to think about the impacts in China. Are we kidding ourselves that the supply chain problems will resolve this year or even in 2023?
 
No worries on this mountain. I’d wager GigaChina can and will catch up without issue.
Somewhat OT: Musk taking a 9 % stake in Twitter according to an SEC filing. TWTR up 26 % pre mkt...
Jack leading EM into a swamp and telling EM it is some sort of noble venture. Thanks for nothing.

Now AK leaving makes some sense. FSD is about to turn into swamp management. Horrible misguided idea that will only benefit one person, Jack. Clean up up your own mess Jack.
 
Elon’s changing another narrative yet again, if anyone can do it, he can. Hard to speculate for now, but he understands the reach and speed that social portal provides. I wouldn’t be surprised to see “something” in the works down the road with twitter and a Musk venture.

If we’re pondering now, he’s already thinking two or three steps ahead…

HODL.
 
May I ask what bank offered you a loan like that? I've been looking for one myself. Thanks in advance.
Also been feeling that same stress for the same reasons. Good luck to us both.
I'm not sure if this is the correct thread to discuss details of this type of loan (I'm sure I'll be told if it isn't), but I'm happy to give any information which might help others in this situation. Maybe discussing on DM would be better?

In short, securities-backed loans are relatively easy to arrange if you have a diversified portfolio. Lombard would be a good place to start for this.
However, I've been >95% invested in TSLA for a while, so needed a 'single stock loan' which are quite specialised and unlikely to be offered by the banks.
So if you're in that situation and want to know more about the T&Cs of that type of loan, I can discuss it here, or another thread, or on DM - whichever is best.
 
Thank goodness (Elon) that Tesla has diversified with factories on multiple continents, eh?

Granted, supply chain disruption would still be a problem, but not as bad as it might be for companies with their sole manufacturing presence in China.
Shanghai is providing batteries for Berlin and I think for some US variants. So how long before the battery supply dries up if an extended lock down occurs in China ?