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Tesla's balance sheet is not in great shape either, and lately Musk seems to be heavily leaning on the autonomous driving network idea as a justification for ra
by brianpgordon 7y ago
Tesla's balance sheet is not in great shape either, and lately Musk seems to be heavily leaning on the autonomous driving network idea as a justification for raising additional capital (largely through dilutive equity offerings of course, since the corporate bond market has had enough of Tesla's shenanigans and they want over 8% interest on unsecured debt).
Also, Tesla is heavily all-in on computer vision - I would be hard pressed to name a single person alive who has a bigger conflict of interest than Elon Musk when it comes to giving advice on the feasibility of vision-based AD. Consider your sources...
- bduerst 7y agoTesla is also just a battery company. They're not specialized in A.I. or even scalable car manufacturing, as they've struggled to hit quotas. The final computer vision product they're trying to build isn't something you can just bootstrap your way into. Or even will, because building fleets of self driving cars means less car owners and customers for your main business.