Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by mdorazio on Thursday April 25, 2019 @12:11AM
(#19744915)
To be fair, they tried to raise money mostly to fund BFR development, which is a questionable economic investment for people expecting a decent ROI (although it's a fantastic overall future investment for humanity as a whole). If they tried to raise money specifically for micro satellite internet, on the other hand, I think investors would be more favorable.
Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by Denvercoder9 on Thursday April 25, 2019 @03:51AM
(#19745934)
Micro satellite internet isn't really viable without BFR though.
SpaceX laid off 10% this year and their recent attempt to raise money didn't go well.