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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. calgoo · · focus · HN ↗
          That last part is a big thing, especially in Europe where a lot of their sales have almost stopped as no one wants to drive a nazi car.
          1. sippingabonedry · · focus · HN ↗
            > as no one wants to drive a nazi car

            Volkswagen had €322 billion in revenue last year and was literally in every way founded by the Nazi party.

            The requirement for the air-cooled engine in the Beetle came from none other than Mr. Stubby Mustache himself.

            1. zelphirkalt · · focus · HN ↗
              With a small difference of some 90y or whenever VW was founded between that and now, while Musk is doing Hitler salutes in recent years. Other than that, your argument would make sense.
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