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Re:Tesla is raising up to $1.5B through convertible note and... by thiago_fm on Thursday May 02, 2019 @08:39AM (#19807186)
As long as the cashflow is positive, from investors, the company will last.
Re:Tesla is raising up to $1.5B through convertible note and... by Mvandenbergh on Thursday May 02, 2019 @08:54AM (#19807320)
I feel like "cashflow positive from investors" is a great title for a very snarky book about startups and SV culture.
Re:Tesla is raising up to $1.5B through convertible note and... by saalweachter on Thursday May 02, 2019 @09:45AM (#19807826)
"You Can't Run a Con Without Confidence"
Re:Tesla is raising up to $1.5B through convertible note and... by Analemma_ on Thursday May 02, 2019 @08:49AM (#19807268)
“Cash-flow positive from investors” is a nonsensical concept. Investors invest because they expect a return. If cash flow, the real kind, is negative forever, eventually the investments will stop. Musk has delayed the reckoning for a while with showmanship, but it can’t go on forever.
Re:Tesla is raising up to $1.5B through convertible note and... by thefounder on Thursday May 02, 2019 @08:56AM (#19807346)
Amazon had no profit for many years and here we are. Some could be told about Uber.
Re:Tesla is raising up to $1.5B through convertible note and... by hef19898 on Thursday May 02, 2019 @10:04AM (#19808003)
AFAIK Amazon had only a handful of unprofitable quarters in history. Even more important, Amazon was always cash-flow positive. Uber is a different story, so.
Re:Tesla is raising up to $1.5B through convertible note and... by natch on Thursday May 02, 2019 @10:54AM (#19808525)
With Amazon we're comparing a web site that sells stuff they don't even make to an auto manufacturer, insanely capital intensive. It's quite a different bar. I realize you're just replying to someone who brought this up, but I'm not convinced comparisons make sense.
Re:Tesla is raising up to $1.5B through convertible note and... by hef19898 on Thursday May 02, 2019 @11:06AM (#19808647)
I do get your point, you cannot compare the two. Yet, every time Tesla's finances are brought up someone is repeating the false "Amazon lost money the whole time" statement. Which is wrong both on the P&L and cash flow side. And Tesla would be bankrupt already with their cash burn rate if it wasn't for Elon and his investor magic. But maybe they wouldn't have needed his magic without his other attics in the first place.
Re:Tesla is raising up to $1.5B through convertible note and... by Invictus0 on Thursday May 02, 2019 @09:01AM (#19807393)
I believe the parent was making a joke.