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

161 points · 221 comments · ciconia

  1. rgmerk · · focus · HN ↗
    Look, I get that Elon wants to chase AI, but why not do relatively simple, low-cost things like build a proper 7-seat SUV that uses the Cybertruck platform - or even a properly stretched Model Y platform (rather than the six-seater L)? Or how about a delivery van on a stretched Y platform?

    Tesla's product line is narrow and aging rapidly.

    1. fooker · · focus · HN ↗
      This will get TSLA valued as a car company.

      They want to be valued as a ~~scifi~~ tech company.

      Which is fair, given that the market (and by extension we) chose to brutally punish boring car companies that make reliable high volume cars.

      1. Gud · · focus · HN ↗
        And by punish you mean fairly value?
        1. DickieStarshine · · focus · HN ↗
          So, in comparison, punish.
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