Posts tagged " temple "

Tesla and the Temple

November 27th, 2017 Posted by Thought Tools 15 comments

Though I am not an expert on stock prices, least of all on the price of Tesla stock, I am going to make a prediction.  And with the passage of time, I’ll either pull out this Thought Tool and wave it proudly to remind you of what I wrote, or else I’ll eventually bury it and hope nobody remembers it.  Meanwhile, I’ll provide some information so you can make up your own mind.

What makes me write about Tesla stock is not only that at the start of 2017 it was about $200 a share and by mid-year it was nearly $400 (though it has now sunk back to about $300).  I am interested in it for a more fundamental reason. You see, even at $200 it made no sense to me.  Tesla’s market capitalization, the value the market places upon the company, $60 billion, is now about the same as General Motors or even a bit more. However, last year Tesla sold about 75,000 cars while General Motors sold about ten million!  Although Tesla took in about $7 billion in sales revenue, overall it lost over $600 million.  Meanwhile, good old GM took in over $150 billion in sales on which it made a profit of nearly $10 billion.  Yet, the price of General Motors stock has fluctuated between $35 and $45 this year.  Doesn’t something seem off?


City Lights – Enlightening Cities

August 11th, 2016 Posted by Thought Tools 1 comment
It was on a clear but cold winter afternoon that I landed at JFK Airport on my first visit to the United States.  After clearing customs and immigration and being granted a three week tourist visa, I climbed into a taxi on my way to my Manhattan hotel.  Half an hour later, as the sun was starting to set, the cab swept around a curve in the Brooklyn-Queens Expressway and for the first time in my life my eyes fell upon a sight of which I have never tired.  The towering skyscrapers of lower Manhattan silhouetted against the still blue sky took my breath away.  I found myself silently mouthing these words, “How great are your works, Oh Lord!” (Psalms 92:5) as tears started up in my eyes.  It was then, only a couple of hours after first setting foot upon the continent of North America while driving up the East River towards the Brooklyn Bridge that I resolved to stay.  And, though no longer on a tourist visa, I’m still here.


Take Uber to the Temple

August 2nd, 2016 Posted by Thought Tools No Comment yet
While awaiting my Uber car in Minneapolis the other afternoon, I received a message saying Uber was initiating rush hour surge pricing.  Almost immediately, the driver who had committed to taking me to the airport cancelled – no doubt with the intention of replacing me with a higher ‘surge’ priced fare.  Needing to catch a flight, I tried again. This time all that was immediately available near my hotel was a far more expensive “Uber black car”.  The driver got me to the airport promptly and comfortably, though hardly economically.
The next day, my son to whom I’d related the incident, urged me to report it to Uber.  Using the app on my phone, literally within less than one minute, I registered my disappointment about the first driver’s cancellation. Less than six hours later, Christian at Uber contacted me, crediting me the difference between what I paid and what I would have paid had the first driver honored his commitment.