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If Musk can keep living on credit based on 'his company status', i am quite sure that netflix will be able too. Though god knows where that 20 billion debt in
by thinkMOAR 9y ago
If Musk can keep living on credit based on 'his company status', i am quite sure that netflix will be able too.
Though god knows where that 20 billion debt in the article actually comes from...
- erikpukinskis 9y agoTesla's line of credit isn't due to "status" it's due to past performance. They have consistently doubled sales and production every 18 months or so since they began selling cars, and have orders on the books showing at least as much growth for the next several years. What "status" do you think Tesla has that makes them a target for creditors? You think Deutsche Bank just thinks Elon Musk is cool and hip?
- thinkMOAR 9y agoPerformance/status is more then just black numbers down at the end of the balance. The status of super popular by huge volumes of people. So in essence yes because he is so cool, hip, and also because he creates/thinks of things that appeal to the mass, and people cannot stop talking about it on birthday parties and events alike. disclaimer, i drive a 20 yo toyota and own nothing of tesla.