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>Er, why is asking for something fundamental to running a business (i.e. "How much money do you have/need?") a partly boring/boneheaded/uncool question? Some p
by historylurker 8y ago
>Er, why is asking for something fundamental to running a business (i.e. "How much money do you have/need?") a partly boring/boneheaded/uncool question?
Some people on HN think Musk is doing us all a favour by allowing us to participate in his projects. Evidence of this is the inevitable, "Elon should take the company private" that seems to surface in these threads. As if going public is a favour from Musk, as opposed to a way to raise capital.
The company is public and the CEO is accountable to the shareholders. Period. The hubris with this company is shocking.
- xkjkls 8y agoAlso, TSLA is basically the kind of company that couldn't even exist as a private company. Access to the broad capital and debt markets is the only reason they still exist.