Suppose you buy a Tesla and in 10 months they fold. Who then maintains the proprietary software that keeps the vehicle running?
Are there historical examples of this happening in other companies? It's scary to think the answer to ops question is not immediately obvious.
Musk to review all of Tesla's expenses in new cost cutting plan
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Re: Musk to review all of Tesla's expenses in new cost cutting plan
#92Re: Musk to review all of Tesla's expenses in new cost cutting plan
#93Suppose you buy a Tesla and in 10 months they fold. Who then maintains the proprietary software that keeps the vehicle running?
Re: Musk to review all of Tesla's expenses in new cost cutting plan
#94Earlier quoted context omitted.
> With relatively low gas prices at the moment, decreasing federal subsidies for electric cars, and more players entering the market, it seems like Tesla is in a pretty tough spot. Nothing you couldn't see coming 5 years ago, however.
To be fair, the current competition is largely a reaction to Tesla's accomplishments.
Re: Musk to review all of Tesla's expenses in new cost cutting plan
#95Earlier quoted context omitted.
Who is the enemy in this situation? I don't see how this applies to publicly traded companies.
So much this... There are texts written with military contexts in mind from which you can extrapolate non militaristic lessons (The Book of Five Rings, for instance). The Art of War is not one of them. It's not surprising to see it quoted a lot though. I'll leave with a quote from Naggum; whether one thinks it's fair to Gates matters less in this context than if there's agreement that the outlined problem exists: "th…
Re: Musk to review all of Tesla's expenses in new cost cutting plan
#96Traditional car companies must be damn scared to have to publish this FUD. Tesla cannot be possibly dying out. Don't you see Tesla cars everywhere in the US? yes they are spending money, buying things to grow as they are so incredibly successful they cannot satisfy demand. Dying out? you make me laugh. If you spend 10M dollars buying equipment that in a year is worth 100M dollars, you are not dying out.
If you spend $10 million making things that you sell for $9 million dollars then it doesn’t matter how wildly popular your product is, unless you have another source of income to cover that $1 million then you will be out of business when your reserves are depleted.
Re: Musk to review all of Tesla's expenses in new cost cutting plan
#97Earlier quoted context omitted.
Irrespective of the technical merits, a significant portion of the HN user base likely invested in $TSLA years ago and are financially incentivized to support all of Musk's claims, even if they wouldn't support the outlandish claims normally.
There is no evidence at all for the assertion that "a significant portion of the HN user" base is invested in anything.
Re: Musk to review all of Tesla's expenses in new cost cutting plan
#98Re: Musk to review all of Tesla's expenses in new cost cutting plan
#99Earlier quoted context omitted.
what happened to the delorean motor company?
Criminal prosecution of the owner because he decided that running cocaine was the best way to finance his company.
Re: Musk to review all of Tesla's expenses in new cost cutting plan
#100Earlier quoted context omitted.
I think it’s more that I think there’s something fundamentally wrong about a company existing for 7+ years, spending billions and having yet to turn a profit. It doesn’t really matter whether it is Tesla or Uber.
Didn't bother you when it was Amazon or Google, though.