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Neither of those companies lost billions before reaching break-even or profitability.
by MoronInAHurry 7y ago
Neither of those companies lost billions before reaching break-even or profitability.
- ajross 7y agoEven buying the burn rate in the title, Tesla's losses are like 8% of revenue. That's not at all far off from where Amazon and Google were in their early years. Again, it's not that there isn't an accounting worry here, what concerns me is the... hate. Just the visceral hate about this company that wants it to fail so badly that it leads people to apply these crazy double standards.
- Waterluvian 7y agoIn your endeavour to rake people you perceive as internet haters over the coals, you also target people like me who genuinely wants Tesla to succeed but is the kind of person who loves asking questions and understanding how things work. And that really diminishes your credibility as perceived by everyone who reads the thread. Also it just kind of stings and discourages me from participation because then I have to deal with comments like yours.
- ajross 7y agoTo be clear: you asked a question about bankruptcy, that I answered. I also editorialized a little at the clearly implied frame of your question which seemed to assume that TSLA would be in chapter 11 in ten months. And that's insane. If you were merely wrong and not spinning, I sincerely apologize. It's exceedingly hard to tell these days. Because hate.
- abduhl 7y agoHow many shares do you own bro?
- dang 7y agoThis breaks the site guidelines. Would you mind reviewing them and not posting like this here? https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- threeseed 7y agoIt's weird but I don't see any visceral hate. Just people asking hard questions. Amazon/Google are also terrible examples to use. If either went under there is no effect on consumers. If Tesla goes under then many owners will have a car on their hand that potentially can't be supported.