4 ms·

I suppose when you're $100B in debt, $500M is a rounding error. I'm sure another part of this is build vs buy... tough for large, tenured companies to do what

I suppose when you're $100B in debt, $500M is a rounding error. I'm sure another part of this is build vs buy... tough for large, tenured companies to do what these startups are doing.

rootusrootus 7y ago
And conversely, tough for startups to get the market share the large, tenured companies have. This is a good matchup for both companies.
navigatesol 7y ago
Where do you get "$100B in debt"? They have over $30BB in net assets.
- throwaway400 7y ago
  Ford has its own auto financing division called Ford Motor Credit. This division has about 80b of long term debt in the form of consumer auto loans for the purchase of Ford vehicles. Moodys downgraded this debt last fall.
  - deleted 7y ago
    [deleted]
  - dmurray 7y ago
    Those loans are assets, not liabilities (they are loans from FMC, not to it). Maybe you mean it has issued debt to pay for them?
    - throwaway400 7y ago
      Yes, sorry the debt is the bonds that FMC issued.
  - notfromhere 7y ago
    That debt is an asset and they generate revenue from it