alt Hacker NewsI'd be very surprised if the roadster project was particularly expensive. That operating margin tells you they are spending all the cash they are earning on cars on the other stuff, not that the cars suddenly became more expensive to make.
I'm interested to meet someone online who's short both on-shore US silicon fabs and the market for humanoid robots. Can you say more about your thinking?
I'm short on an allegedly successful automotive company that has a rapidly deteriorating automotive business (due entirely to management's own decision-making) pivoting into the most hyped business ideas in the world. I'm bearish on the type of creative accounting and self-dealing we see between the Musk companies.
Musk is similar to Zuck in that they get some credit for sheer courage to turn the wheel on their massive businesses, but they also have to be right. Aside from his anticompetitive behavior, Zuck continues to miss. Musk's pattern has been that the more Musk is personally involved, the worse the outcomes. Cybertruck was his baby. Optimus is his baby.
If Tesla is doing so well as an automotive business, then why doesn't he just continue making it a great automotive business?