Tesla takes on $30B in credit as it approaches unprofitability

https://electrek.co/2026/09/29/tesla-takes-on-30-billion-in-credit-as-it-approaches-unprofitability/

49•ciconia•1h ago

Comments

kasperni•41m ago

It's okay, we're an AI company now.

MiroslavPokorny•37m ago

A taxi company powered by AI auto drivers with ZERO taxis!

collabs•13m ago

I understand not wanting to pay the cost of LiDAR like twelve years ago but the price has come down since then. At this point does it even make sense to stick to cameras? What possible reason is there other than an aging Elmo's ego?

Even if it prevents like ten deaths, the LiDAR will have paid for itself.

zobzu•7m ago

I take them regularly in SF, twice cheaper than lyft, 4x cheaper than waymo and works fine... it's literally the cheapest other than zoox (free if on tester list, which I am), but it's as fast as Lyft/Uber.

ulfw•37m ago

Time to become SpAIceXTeslAI

Valuation +420%. Easily.

tosti•11m ago

Large shiney rock pile awaits!

nialse•5m ago

SpacetAxI? (Sorry, not sorry)

Ekaros•5m ago

Sadly solar roofs was dumped. So can't include boring company there. Just imagine what could have been. Under ground solar roadways.

ulfw•4m ago

+69,000% in that case. Like with his S3XY cars. Oh well.

bpodgursky•33m ago

I'm not convinced Tesla's schizophrenic strategy is any worse than the strategy of the legacy American automakers, which is to sleepwalk directly into a volcano (when Chinese EV manufactures break into the market with $10k SUVs)

redanddead•19m ago

The tariffs will save us

nialse•6m ago

Tariffs in the US will be just effective as the EU EV tariffs. It will protect the industry for some time, and at the same time make it go stale and irrelevant.

lnsru•16m ago

Elon gambled with cybertruck and didn’t won. The winning strategy was to outcompete Chinese with smaller affordable vehicle. I would call it common sense strategy after all.

riffraff•12m ago

The cybertruck was a disaster but I think the main issue is they didn't do any new model after that for almost a decade.

Also, Musk getting into politics and alienating most of its consumer base, of course.

calgoo•6m ago

That last part is a big thing, especially in Europe where a lot of their sales have almost stopped as no one wants to drive a nazi car.

sidcool•30m ago

Electrek has gone completely biased with Tesla. They have done so bad, that even if this is true, I'd take it with a fistful of salt.

franciscop•23m ago

I was going to comment exactly the same. They used to be all about Tesla, and now they're basically all against Tesla. It's very shocking to see this turn of the editorial approach for a company that did change the full industry. It is true and well known that hate DOES bring more eyeballs than reporting the good news though, and this seems to be a well known bias against Tesla.

3eb7988a1663•20m ago

The entire post is that Tesla setup $30B in loans that it could potentially use. What salt should I be taking?

lazzlazzlazz•15m ago

Did you read the post? It's all framed as "worrying". It's a very biased, thoughtless piece.

sidcool•6m ago

Read their prior Tesla posts. They are all negative.

3eb7988a1663•5m ago

Ok. Are they lying?

speedgoose•11m ago

Sorry TSLA holders, it's partly my fault as I got my 5 years old Model Y checked by a third party garage for everything that should be fixed by Tesla before the end of the main warranty period.

sippingabonedry•10m ago

I'm reminded nearly every other day that EVs need no maintenance and should never see the inside of a mechanic's garage.

collabs•4m ago

You still need things like brakes though, right?

sippingabonedry•3m ago

Of course. It's a ridiculous notion yet that hasn't stopped anyone from repeating it constantly.

speedgoose•3m ago

I can't really complain about the maintenance of the EV parts of my cars. I know some EVs fail there too, but my two EVs have been flawless when it comes to the EV drivetrain and the batteries.

But having an electric car doesn't make salt and potholes magically disappear, unfortunately.

drnick1•2m ago

What maintenance do they actually need? Tires, brakes, wiper blades, air filter, washer fluid? All fairly trivial to DIY. One thing that I would do is disable the cellular modem, to prevent unwanted "upgrades."

boyka•8m ago

Invest the $30B into AI build-out with a company called SpaceX, nice. SpaceX invests some more Cybertrucks, nice.

rgmerk•3m ago

Look, I get that Elon wants to chase AI, but why not do relatively simple, low-cost things like build a proper 7-seat SUV that uses the Cybertruck platform - or even a properly stretched Model Y platform (rather than the six-seater L)? Or how about a delivery van on a stretched Y platform?

Tesla's product line is narrow and aging rapidly.

Livenerf: Has Opus 5.5 been nerfed yet?

Dots: Always-on agents

Tesla takes on $30B in credit as it approaches unprofitability

PSSA: A non-transformer language model written from scratch in Rust

Responsible Release of AI-Generated Mathematics

U.S. postal inspectors shut down website selling counterfeit postage labels

Vermont replacing power plants with home batteries

NASA asked several former SR-71A staffers to help secret restart

America.gov

Show HN: Real-time Solar System with 526k asteroids and all tracked satellites

How Delhi cut electricity loss from 50 to 5 percent

Testing WebGPU data layouts with Facet

GPT 6.1 Sol: Near-Astra intelligence for a fifth of the price

Backblaze drive stats for Q2 2026

RSS Feeds for Last.fm

PS5 Relapse Exploit

Needed 1+1, built a functional programming language

Language models for text classification: From bag-of-words to Jev

When oil prices spike, where does the money go?

Phyllotaxis: An audio-reactive LED display

We’re forgetting what darkness feels like

NAND-16: a computer built from 277,248 NAND gates

LinkedIn Larpmaxxing

Ask HN: What are you reading?

A Staff Engineer's Guide to Inventing Work

Ballmer Peak

Show HN: A working 3D model of an Enigma machine

Show HN: NSL – WSL for Linux

Strange Parodies of Atari 2600 Video Game Box Cover Art (2008)

Tcl/Tk 9.1

Livenerf: Has Opus 5.5 been nerfed yet?

Dots: Always-on agents

Tesla takes on $30B in credit as it approaches unprofitability

PSSA: A non-transformer language model written from scratch in Rust

Responsible Release of AI-Generated Mathematics

U.S. postal inspectors shut down website selling counterfeit postage labels

Vermont replacing power plants with home batteries

NASA asked several former SR-71A staffers to help secret restart

America.gov

Show HN: Real-time Solar System with 526k asteroids and all tracked satellites

How Delhi cut electricity loss from 50 to 5 percent

Testing WebGPU data layouts with Facet

GPT 6.1 Sol: Near-Astra intelligence for a fifth of the price

Backblaze drive stats for Q2 2026

RSS Feeds for Last.fm

PS5 Relapse Exploit

Needed 1+1, built a functional programming language

Language models for text classification: From bag-of-words to Jev

When oil prices spike, where does the money go?

Phyllotaxis: An audio-reactive LED display

We’re forgetting what darkness feels like

NAND-16: a computer built from 277,248 NAND gates

LinkedIn Larpmaxxing

Ask HN: What are you reading?

A Staff Engineer's Guide to Inventing Work

Ballmer Peak

Show HN: A working 3D model of an Enigma machine

Show HN: NSL – WSL for Linux

Strange Parodies of Atari 2600 Video Game Box Cover Art (2008)

Tcl/Tk 9.1

Tesla takes on $30B in credit as it approaches unprofitability

Comments