Hacker News new | ask | show | jobs
by throwaway892238 874 days ago
With their other losses they'll need some impressive financing to get anything new off the ground. Good luck securing that in 2024. Even if they get it, they're gonna take another bath if they try to target sub-$25K with a crossover. That's ICE territory; hybrids and all-electric crossovers are already $10-15K more.
1 comments

What are you even talking about? They have plent of cash and no debt. They are also not losing money.

They have plenty of money to invest. And they have been working on the project for a while now.