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Nortel 920-245 : Ethernet Switching Exam

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Test Number : 920-245
Test Name : Ethernet Switching
Vendor Name : Nortel
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Nortel Switching Dumps

Motor Mouth: What if Tesla buys familiar Motors this 12 months? | 920-245 PDF Questions and PDF Dumps

“guys, it has been smartly stated, believe in herds; it will be viewed that they go mad in herds, while they handiest recover their senses slowly, and one by one.”  ― Charles MacKay, unbelievable widely wide-spread Delusions and the madness of Crowds

unless you’ve had your wallet caught within the sand — or by some means neglected the brilliant afternoon drama display that has been the stock market — you be aware of Tesla has been making a mockery of Benjamin Graham’s long-worshipped rate-to-salary ratio. no longer 365 days in the past, TSLA changed into in free fall, bottoming out at US$70.10 last March before hovering to the U.S.$816.04 it’s value as I bang away these days on the keyboard. No need to reach on your calculator, that’s a couple of 1,000 per cent increase in exactly 10 months. And in these twelve months, based on market analysts Zack.com, it has long gone from merely overpriced to a trailing-12-months P-to-E ratio of 115.47. (For non-analysts wanting a bit point of view, a P-to-E ratio of 10 has traditionally been a “purchase,” 15 a “hang,” and 20 an all-fingers-on-deck, we-gotta-dump-this-shit-quickly “promote.”)

in reality, Tesla is now price greater than the combined market capitalizations of the three greatest legacy automakers on this planet — Volkswagen, Toyota and Renault-Nissan-Mitsubishi — which account for somewhere within the area of 32 million auto income each and each 12 months. extra awesome are the prophesies — most mainly with the aid of Catherine wood of ARK invest — that TSLA shares may be worth as plenty as US$15,000 in exactly four more years of effervescent economy. that might, in keeping with my pathetically underpowered calculator, make Tesla value more than the complete auto and airline industries combined — as in every main automaker on the earth together with Boeing and Airbus — with greater than ample left over to purchase, say, big apple.

however you probably already knew about that. And, in case you’re a real Teslarati, you’ve long dismissed all that as nonsense from historical fuddy-duddies nonetheless spooked with the aid of Nortel. but what if there were a means out of this tulpenmanie — bear in mind that, for a short time within the 1630s, a single tulip bulb changed into worth as tons as $750,000 in nowadays’s greenbacks — without decimating the whole Dow Jones. What if Elon Musk actually does have a Dr. Evil-like plot to take over the complete automobile world that justifies its perennial herbaceous bulbiferous geophyteian pricing?

Byron R. Wien, vice-chairman of the private Wealth options community at Blackstone, and Joe Zidle, the enterprise’s chief investment strategist, believe they could have sussed out Musk’s “master plan.” In a traditional case of the guppy swallowing the whale, they say Tesla is going to buy a major automaker. Yup, in line with Wien and Zidle’s Ten Surprises of 2021 — defined as “having a stronger than 50 per cent probability of occurring” — little ol’ Tesla is going purchase an important international automobile company “in a transaction that involves a combination of money and inventory.”

suppose about this for a second and it proves fully stunning. in a single fell swoop, it would clear up so lots of Tesla’s issues — at least these centering on ridiculous valuations and the ramping up of construction to satisfy those stunning projections. as an example, it would directly solve the business’s definitely usurious market cap-to-motor vehicle ratio. Legendary investor — and mannequin 3 proprietor! — Jeremy Grantham referred to this week that Tesla’s market capitalization “amounts to over $1.25 million per vehicle offered every year versus $9,000 per vehicle for GM.”

however, if Tesla became to take over any of the big Three — Volkswagen, Toyota or Renault-Nissan-Mitsubishi — spreading that US$770 billion market cap over 10 million and a little automobiles, it could that figure down an admittedly nonetheless ridiculous, however in all probability survivable, 70 grand per automobile. production amenities would simply need to be re-imagined rather than newly developed, and perhaps most of all, it could allow Musk to become a primary visionary officer — whatever he is really good at — in preference to a main government officer, where his rather Trump-like management trend factors unnecessary and oft-instances distracting media consideration.

So, if they pretend that Wien and Zidle’s supposition truly would smooth out Tesla’s ridiculous inventory valuation, the question then turns into, which amongst all the existing auto giants is the most likely candidate for takeover? Wien and Zidle’s brief exploration didn’t specific the automaker in query, so here’s Motor Mouth’s checklist of the five likeliest candidates for Muskification in 2021:

The Logical option Volkswagen ID.4Volkswagen’s all-electric powered identification.four. Handout / Volkswagen

This one’s convenient. if you want synergy and scale in a Tesla takeover, the simplest option is Volkswagen, the world’s largest automaker and additionally the legacy producer most dedicated to battery electric powered vehicles. The company is already devoting US$86 billion to EV development over the subsequent 5 years, an volume to be able to assist Tesla’s flagging management in battery know-how. It additionally has comprehensive dominance — even of the EV market — in Europe, where, as Motor Mouth currently said, Tesla’s market share is plummeting.

best of all, the transaction is comparatively low-cost, the eu tremendous nonetheless stung with the aid of Dieselgate and its market cap is barely a tenth of Tesla’s. Musk may buy the world’s biggest automaker lock, inventory, and barrel — and barely dilute his stock. The greatest obstacle is that the State of reduce Saxony owns eleven.8 per cent of VLKAF stock (and 20 per cent of its balloting rights), whereas numerous unions and employees representatives manage half the seats of the company’s supervisory board. That might make for a extremely adversarial takeover indeed.

Odds for Muskification: three to 1; 1,000 to 1 if politicians and unionistas get their shorts in a knot.

Step up to the standard 2022 GMC Hummer EVThe reborn Hummer will use GM’s new Ultium battery tech. Handout / GMC

i do know that, for many, everyday Motors represents every little thing hated about legacy automakers: a bloated bureaucracy, drained designs and hidebound pondering. but of all of the ordinary manufacturers, The generic has the most legit heritage of electrification. despite the Who Killed the electric powered automobile crapola, the EV1 changed into a legitimate effort at electrification. Ditto Volt and Bolt. And with newfound Ultium battery building and increasing commitment to EVs — 30 new world battery-powered fashions by 2025, says CEO Mary Barra — it’s in finished lockstep with Musk’s “we wont’s cease until every automobile is electric” mantra. Making it even more pleasing is that, in contrast to VW, the vast majority of GM’s incredible shares are in the hands of institutional traders — that may still be examine as grasping capitalists — making any takeover far more amicable. And its big production capability would resolve a number of Tesla woes.

Odds for Muskification: 10 to 1; 5,000 to 1 if the Teslarati, taking a cue from Trumptards, make a decision to storm Palo Alto for consorting with the enemy.

The large green Toyota MiraiToyota loves fuel-mobile motors. Elon Musk doesn’t. ask yourself how they’ll get alongside… Handout / Toyota

What if Tesla bought Toyota? severely, Toyota. think about the chief in battery energy joining forces with Toyota’s dominance of all issues hybrid and PHEV. most likely the enviro-weenies would swoon, the combination “owning” relatively plenty every thing electrified, not to point out being the leaders in ICE effectivity (Toyota’s Atkinson-cycle engines are the most desirable piston-powered units in the world). besides, it’d an ideal marriage of japanese reliability and American ingenuity. Who couldn’t get in the back of that?

well, Akio Toyoda for one, Toyota’s CEO currently claiming that EVs are over-hyped, and that banning gasoline-fueled cars would cause Japan’s automobile industry to “crumple.” Toyota’s market cap — presently at US212 billion — additionally might make it a little too “whale-ish” for the guppy to swallow.

Odds for Muskification: 100 to 1; 10 to 1 if BEV-phobic Toyota CEO Akio Toyoda develops a sudden case of Panasonic fever.

The lengthy Shot 2020 Mazda MX-30 EVJapan’s fifth-largest automaker may well be one of the most gas-productive on the earth, however past the MX-30 EV, Mazda is critically missing in electrical nous. Handout / Mazda

Mazda wants Musk much more than Musk needs Mazda. Japan’s fifth-greatest automaker may well be one of the most gasoline-effective automakers on earth, however it is seriously missing in electrical nous. however, while internal combustion may well be an affront to everything Tesla at the moment stands for, foremost ingredients of the Third World can sick manage to pay for electrification within the same 15 or two decades that developed countries are now promising. As plenty because it may additionally pain his loudly proclaimed virtuosity, if Musk in fact wants to be a large player in the world market, he may additionally ought to add a bit ICE to his lithium cocktail. And Mazda presents the cheapest, most advanced street to inner combustion growth. besides, a Muskified Miata might possibly be just the factor to get they ancient folks on board with this whole electrification element. [You take that back! — Ed.]

Odds for Muskification: 250 to 1; 5 to 1 if Elon Musk’s tremendous-secret crush is rotary engines.

Batten Down the Hatches, It’s DaimlerChrysler far and wide once again 2021 Jeep Wrangler Rubicon 4xeIt’s not the worst idea — Jeep international president Christian Meunier is eager on electrification, as evidenced by way of his specific enthusiasm for the 2021 Wrangler 4xe. Handout / Jeep

Pity negative Chrysler. It’s been via so many corporate courtships even Zsa Zsa Gabor may counsel celibacy. even so, Stellantis — its newest amalgamation, which sees Peugeot S.A. marching FiatChrysler down the aisle this time — will quickly be the fourth-greatest automaker in the world, making it a beautiful mate for a person attempting to find brief access to global production. There are some sticking facets although. probably the most few inter-enterprise synergies, as an instance, is that Chrysler, Fiat, Citroën, stay away from, Ram and Tesla (to name however just a few of the primary avid gamers in this competencies deal) all undergo from terrible reliability rankings. There’s additionally the undeniable fact that pretty much all the players involved are experiencing a troublesome time in Europe, and that Chrysler’s North American cash-cow — its Ram pickups — are however a spike in gas prices faraway from yet another crisis.

but there are additionally myriad positives, most stemming from a stellar higher administration group. Stellantis CEO Carlos Tavares is one smart and tough cookie, having survived Carlos Ghosn — which is no imply feat. Jeep international president Christian Meunier is eager on electrification and has the nous to make alternate happen. And Mike Manley, recently located to supervise the whole company’s Americas’ operations, doesn't suffer fools. All have the means and, most likely extra importantly, the character to rise up to Mr. Musk’s from time to time, uhm, wayward trajectories. nevertheless, managing Stellantis’ myriad marques will already be the sort of cauldron of seething political intrigue and Machiavellian energy performs that adding Mr. Musk to the mix would absolutely be a recipe for an additional DaimlerChrysler “[un]merger of equals.”

Odds for Muskification: 5,000,000 to 1 if there’s even a scintilla of experience on Tesla’s board; 2 to 1 if Musk basically is Trump’s brother from yet another mother.

Tesla is currently worth about one hundred forty instances as tons per vehicle it produces than GM.

I haven't any thought if Wien and Zidle’s prognostications have any advantage, not to mention which automaker Mr. Musk may goal if they do prove Nostradamian. but let me depart you with one final be aware: in keeping with Grantham’s figures, Tesla is presently price about a hundred and forty instances as a whole lot per vehicle it produces than GM (and 60 times more than Toyota, probably the most constructive legacy automaker). To get anywhere near justifying its present market cap — let alone ARK’s phantasmagorical valuation — the company needs to promote at least 10 to twenty times as many automobiles because it presently produces in noticeably brief order. it is very nearly unattainable organically within the short time body accessible. So, as loopy as Wien and Zidle’s predictions may also sound — and as silly as my alternatives may be — buying that production makes much more experience than making an attempt to construct it on my own.

author’s notice: Elon Musk these days printed that, within the deepest, darkest day of mannequin three “creation hell,” he tried to sell Tesla to Apple. Tim cook, says Musk, “refused to take the meeting.” Even by using conservative estimates, Tesla is now worth 10 times as a whole lot because it turned into lower back then. i'm wondering is Apple’s CEO is regretting his decision, principally in mild of fresh news that his company needs to supply its personal automobile by means of 2024. are you able to say, “neglected possibility?”


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