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TSLA is taking on $1.5 billion in debt every quarter or so. Not sure if this is the same situation.
by Hypx 9y ago
TSLA is taking on $1.5 billion in debt every quarter or so. Not sure if this is the same situation.
- aerovistae 9y agoThat's because Amazon's core business was in a domain where they could make sizable revenues from day one and scale as they went along. Building 500,000 cars is a bit different than building out a website on which to sell stuff other people already made. So yeah, I would expect Tesla to be spending more along the way and making less in the beginning.
- kmonsen 9y agoThat also makes it more risky. Not sure if Tesla can still fail and what it would look like, but they are currently bleeding money that roadsters and trucks 3+ years from now won't fix. I really hope they succeed but can't really see how it happens.
- riffraff 9y agoBut Probably it's also easier to raise $400M more than $6B for one more year of losses, which means Tesla has a far higher chance of running out of runway (I am optimistic anyway, I presume once the factory and charger network is built up costs will go down).