Thread: Tesla Model 3
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Old 12-11-2018, 03:20 PM   #820 (permalink)
Fat Charlie
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Stocks are a great idea.

If you and a few friends want to start a business together you all chip in what you can (money/skills/equipment) and everyone has a share. But if one of you chips in twice as much as everyone else or brings unique skills to the table, their ownership share is a little bigger. Maybe 2 or 3 shares.

When you scale it up from a few friends doing something together to, say, a transcontinental railroad, you need more people buying shares. And yes, you need people buying in. A bank may get talked into lending money to start a resraurant, but they're not into risk. At least not a real bank.

Once the company is running, stocks still serve a purpose. You can invest as much or as little as you want/can. You can get out of a business just by finding someone who wants in, and as long as you own a chunk of it you don't want management doing something to destroy its value.

Yes, you get people gaming it. But it still really helps.

Originally Posted by sheepdog44 View Post
Transmission type Efficiency
Manual neutral engine off.100% @MPG <----- Fun Fact.
Manual 1:1 gear ratio .......98%
CVT belt ............................88%
Automatic .........................86%

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