Comment by LtdJorge
13 hours ago
Same site as the OP has an article stating Tesla makes it difficult, and if you put 50k in 8 years ago and obtain 50k now, I think you lost a lot of money. I have no opinion on the process itself though, I don’t know enough about Tesla as I’m only interested in the engineering, just wanted to point out the inflation losses.
> if you put 50k in 8 years ago and obtain 50k now, I think you lost a lot of money.
This is a textbook sunk cost fallacy.
No it isn't. It's textbook time value of money, which is a real thing.
And if you don't think so, please give me $50k, I'll give you back $50.001 in 8 years, a dollar more! You'll come out ahead, right?
I am curious - are you familiar with inflation?
Are you familiar with the sunk cost fallacy?
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