If there are any college student hackers interested in pushing boundaries MHacks is going to allow you to hack a Tesla this September in Ann Arbor.
Tesla raises $1.8B
21–30 of 207 posts
Re: Tesla raises $1.8B
#22A little imprecision in the article: "The company, founded by Musk in 2003" is untrue. Musk joined the company after it was funded.
Re: Tesla raises $1.8B
#23It's heartening to see financial markets helping a company with such potential for positive externalities. Sometimes maybe the system does work!
Positive externalities like 8-year-olds mining cobalt to make the batteries?
Do you have any examples of eight year olds habitually employed mining cobalt? Tougher, can you tie that in to Tesla with confidence?
Disclosure: I own quite a few shares in Tesla. They were only ~24.00 USD when I bought them. I admit my bias.
Re: Tesla raises $1.8B
#24It's heartening to see financial markets helping a company with such potential for positive externalities. Sometimes maybe the system does work!
Tesla, just like any other successful company games the system well. The system is neutral at its wildest.
The seventy first worthless coin offering just made umpteen million dollars and this site feels it's the market speaking truth to power. The most innovative industrial manufacturer in decades raises money, and it's "gaming the system". Right.
Re: Tesla raises $1.8B
#25Earlier quoted context omitted.
Positive externalities like 8-year-olds mining cobalt to make the batteries?
Do you have any examples of eight year olds habitually employed mining cobalt? Tougher, can you tie that in to Tesla with confidence? Disclosure: I own quite a few shares in Tesla. They were only ~24.00 USD when I bought them. I admit my bias.
There was a discussion on HN a few days ago dealing with this issue.
Re: Tesla raises $1.8B
#26A little imprecision in the article: "The company, founded by Musk in 2003" is untrue. Musk joined the company after it was funded.
I keep seeing that. I'm not sure where it comes from. You're correct, obviously. I'm just not sure why people think he was a founder, or the founder?
Re: Tesla raises $1.8B
#27Earlier quoted context omitted.
Sure you can. That's the exact definition of "refinancing".
You may be paying off the note and it shows up as a different line item on the balance sheet, but it's not paying the debt.
There are a lot of reasons why moving it to a different line item might be advantageous...
Re: Tesla raises $1.8B
#28Earlier quoted context omitted.
Do you have any examples of eight year olds habitually employed mining cobalt? Tougher, can you tie that in to Tesla with confidence? Disclosure: I own quite a few shares in Tesla. They were only ~24.00 USD when I bought them. I admit my bias.
There was a discussion on HN a few days ago dealing with this issue. https://news.ycombinator.com/item?id=14964857
Thank you. I missed that one. I do notice it is specifically about cell phones, though I suspect it is difficult to tell where else it is used.
I don't own enough shares to pressure them into ethical sourcing and, honestly, hadn't even given it much thought until just now. I only have ~850 shares. Which, while a bunch, isn't going to influence much.
It does make me curious.
Re: Tesla raises $1.8B
#29Earlier quoted context omitted.
Tesla, just like any other successful company games the system well. The system is neutral at its wildest.
The seventy first worthless coin offering just made umpteen million dollars and this site feels it's the market speaking truth to power. The most innovative industrial manufacturer in decades raises money, and it's "gaming the system". Right.
My impression is that "this site" is very skeptical of ICOs, so I'm calling strawman on your comment.
Re: Tesla raises $1.8B
#30It's heartening to see financial markets helping a company with such potential for positive externalities. Sometimes maybe the system does work!
Positive externalities like 8-year-olds mining cobalt to make the batteries?
I'm not sure what to make of this argument. Should we only attempt to convert to electric automobiles if it means everything involved is optimal? Are you implying they are mutually exclusive?