[cjhopman]

I don't think you understand. The $20B isn't the cost to make the cars, it's how much they've lost doing it. There's nobody in the world that is losing $20B making ICE vehicles, and even big daddy elon might have trouble convincing investors to blow that money on such a traditional product.

[CydeWeys]

What? How have they "lost" $20B? They may currently be carrying that much debt, but plenty of other auto manufacturers are carrying significantly more debt than that (e.g. $155B for Ford). Debts that you invest into growing a business faster aren't lost money. Tesla makes money on every car sold. It made sense for them to take out debt to enable that scaling.

And what does this have to do with whether their products are good for the environment anyway? Whether it makes sense to take on debt to establish a new business seems completely orthogonal.