HopenHeyHi

> Tesla is (in)famously overvalued.

> Their market cap is higher than most other car manufacturers (pumping out many times more vehicles than Tesla is), most of whom have caught up on EVs (is Toyota the only big manufacturer still lagging on EVs? I think they are)

Tesla is a top 5 car manufacturer by earnings at $14B for 2022. Toyota is next up that list at earnings of $20B.

Tesla sell almost 0.5 million EVs a quarter and has a 60% EV market share in the US, it sells more than everybody else combined currently, and is growing very fast. Hard to know how it will all shake out but so far nobody has caught up. Doesn't mean they can't but they are chasing. EV share of the US market is only 7% but is clearly the future, and again, Tesla has 60% (!) share in that market segment.

Looking forward there is the Gigafactory in Mexico and the Cybertruck release. If that is a hit Tesla will maintain its market leader position in 2024 and surpass Toyota in earnings. And they keep dropping prices. With smaller earnings than Tesla, and no institutional knowledge of making EVs it is hard to come up with a reason how and why Toyota can end up with a larger share of the EV market - suddenly they will find themselves in the position of the scrappy startup and Tesla the incumbant. That is the reason for the market cap, not mean tweets or dank memes - investors don't care about that.

Probably the list of EV leaders will be mostly new companies like Tesla, not legacy brands. Maybe some Chinese companies. Whatever the case it will look very different than today.

  The first CES was held in June 1967 in New York City. It was a spinoff from the Chicago Music Show, which, until then, had served as the main event for exhibiting consumer electronics.

A trade show is where you hawk your wares. A tech conference has sponsors, these are companies that want to sell you things. From their perspective, KubeCon for example, is where they try and convince you that their monitoring and alerting software is the best one. So that's what it is for.

Have a free t-shirt why dontcha, you look like a person of good taste who also needs something to wear. Don't even have to pay you like the guy in the chicken suit spinning a sign outside the venue.

From your perspective, if your employer is sending you on a fact finding mission, it is a free vacation away from the office and the ol' ball and chain. So that is what it is for also.

If you go to a tech conference with expensive tickets and pay out of pocket and aren't buying or selling anything contemplate what you are doing with your life. This article opens like so:

  New Orleanians are just as likely as not to offer you a drink within sixty seconds of greeting you. Eighteen hours after leaving there, I walked into the Salt Palace Convention Center and made a joke about still needing my caffeine to almost-certainly-a-mormon.

That's why the guys with the beer bellies wearing Hawaiian shirts at these shindigs are often well-to-do fountains of knowledge who just want to have fun. They have been around long enough.

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> Just to clarify, these "normal people", they are the ones who typically click on links in phishing emails without actually thinking?

Yes? Heh, you know what normal people means, good. Guess what, phishing emails tricking people into visiting fake websites won't be as effective as with this flow there is no password for them to type in and accidentally give away to the attacker.

> Q: Why would one not expect to have devices sequestered from each other?

Because most people don't carry two phones or bother sequestering devices. It isn't the common case so it isn't a polished flow. At least not yet.

Don't know about a mountain as you probably use a password manager already, it isn't much different.

0. Science Advances One Funeral at a Time

> And you can imagine what the site would be like if any significant percentage of the articles were comedy / satire.

Joyful?

Sorry if it wasn't clear:

If you logged in to HN using Safari on a Mac the private-key (a.k.a "password") got chucked into your keychain as part of the account creation flow and is synced across all your iCloud devices.

So on your phone when visiting the HN login page you'd just be prompted for a fingerprint by TouchID and in you go. Actually quite seamless. This would be what 90%+ of users experience as normal people don't fiddle with defaults.

I don't use Windows but they have some sort of iCloud Passwords thing for Windows now too apparently. Just dipping their toe into slowly making it cross platform.

It becomes less seamless and more of a hassle when you are using multiple keychains or 3rd party apps which probably a lot of people here are. What I described is that case, when you have both an Android phone and an iPhone and they are completely sequestered from each other (maybe personal and work?).

HN gets a public key, that's the account. The private key is stored on your device, say on iOS it would be stored encrypted in the secure enclave and accessible via TouchID/FaceID.

There is little to no point in stealing the HN user database at that point because that's all just useless public keys, it has no passwords.

If you wanted to add a device to the HN account you'd login, go to the settings, and generate another pub/private key for the new device rather than the traditional "change password". As there is no password. Most likely you're familiar with a variation of this already from sites like Github.