Thread

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

161 points · 221 comments · ciconia

rgmerk · 1790747861 · 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 · 1790748992 · 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 · 1790751876 · focus · HN ↗
    And by punish you mean fairly value?
    cyanydeez · 1790768628 · focus · HN ↗
    yes, you've discovered the plight of the bigot: equality feels like punishment.
    fooker · 1790787399 · focus · HN ↗
    Of course equality is a punishment when you have more to lose than others.
    If the world's wealth was equally distributed, it would be pretty punishing for everyone who is commenting on this platform.
    cyanydeez · 1790792879 · focus · HN ↗
    which is the philsophical/moral point of view which asks: If you had to randomly be born in anywhere in the world, how would you prefer the world work?
    Very few people would choose the one where there's a slight chance they're in the wealth classes currently.
    Not moving towards equality is just a selfish choicel.
    fooker · 1790794987 · focus · HN ↗
    > Not moving towards equality is just a selfish choicel.
    It is. People are selfish.
    Companies even more so.

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