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A comment on Why almost everyone was wrong about Tesla’s cash flow situation. Parent comment

Re:Why almost everyone was wrong about Tesla’s cash flow sit... by esotericn on Friday October 26, 2018 @10:49AM (#18309709)
Most people are not financially responsible.

(Not limited to cars; see the fact that even well earning individuals in the UK, US, etc, could only weather a few months without work because they scale up lifestyle to match).

That, and that many people actually have money. London alone has over 400,000 millionaires by NW, one years' interest on that pays for a Tesla.

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Re:Why almost everyone was wrong about Tesla’s cash flow sit... by eafkuor on Friday October 26, 2018 @11:36AM (#18310225)
> Most people are not financially responsible.

This is basically the real answer.

> London alone has over 400,000 millionaires by NW

But that's mostly because of house prices no? Those don't pay interest?

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Re:Why almost everyone was wrong about Tesla’s cash flow sit... by esotericn on Friday October 26, 2018 @11:42AM (#18310283)
It's still endgame.

If you own your home outright you're done. Add another 100-200k or so and you're (baseline) retired in a country with healthcare, etc.

After that, do whatever you want with your money, it's fun coupons.

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