Tesla brought its first Giga Press online in 2020 at the Fremont plant. The machine clamps with roughly 6,000 tons of force and fires molten aluminum into a mold.Continue reading
Tag: Money
Siemens machines and computers…
Siemens runs its Electronics Works in Amberg, Germany, where about 75% of the value chain is handled by machines and computers…Continue reading
“Nobody spends somebody else’s money as carefully as he spends his own.” – Milton Friedman
This one sentence explains why government spending is rarely efficient.Continue reading
Singer’s $5 Down Purchase Plan in 1856
In 1856, Singer partner Edward Clark introduced a purchase plan requiring 'just' $5 down for a new sewing machine, followed by small monthly payments. Sales tripled the following year.Continue reading
What $50 a Week Actually Looks Like Over 45 Years (The Numbers Are Brutal)
The math on compound interest is brutal — and most people don't see it until it's too late.Continue reading