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by kgwgk 2017 days ago
Musk definitely understands the importance of (incoming) cash flows. Being paid upfront for functionality that may or may not be ever available is genius.

Edit: /s

2 comments

Is it really genius? Especially when you put it quite so bluntly? I've been wondering if a class action lawsuit around this could end up being a significant risk to Tesla.

edit: woosh

Genius, like selling a bridge you don't own.
See, that's illegal.

But creating cash-settled bridge derivatives and selling those, now that's perfectly fine.

Matt Levine would be proud.