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Tesla takes on $30B in credit as it approaches unprofitability

161 points · 221 comments · ciconia

  1. bpodgursky · · focus · HN ↗
    I'm not convinced Tesla's schizophrenic strategy is any worse than the strategy of the legacy American automakers, which is to sleepwalk directly into a volcano (when Chinese EV manufactures break into the market with $10k SUVs)
    1. lnsru · · focus · HN ↗
      Elon gambled with cybertruck and didn’t won. The winning strategy was to outcompete Chinese with smaller affordable vehicle. I would call it common sense strategy after all.
      1. riffraff · · focus · HN ↗
        The cybertruck was a disaster but I think the main issue is they didn't do any new model after that for almost a decade.

        Also, Musk getting into politics and alienating most of its consumer base, of course.

        1. zobzu · · focus · HN ↗
          the only mistake was politics.
          1. danny_codes · · focus · HN ↗
            Their original strategy to make a mass market Model 2 after Model 3 was good. 8 years ago I was eagerly awaiting its release.

            Then sometime around when the Ketamine began flowing the plan seems to have changed.

            So I would add ketamine to politics.

            What’s weird about all this is that the democrats were pretty pro-Tesla / pro-SpaceX before Elon Ketamized the Fed. And the democratic platform would have improved industrial policy via-a-vis renewables.

            We can only conclude that the Ketamine haze addled his brain and he simply ignores the advice of those around him.

            That a common failure mode

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