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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. __m · · focus · HN ↗
              the nazi party doesn't exist anymore and their ceo doesn't do nazi salutes
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