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Comment by vrosas | Hacker News Reader

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vrosas·

s/Predictions/Ketamine-and-adderall-fueled ramblings

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There's a slash missing at the end.

I think they mean grift or even fraud, since they were definitely meant to attract investment.

Now excuse me while I go check on where my 2016 full-self-driving Tesla car. It was supposed to pick me up 9 years ago, something must have happened.

I still don’t understand how they haven’t been sued for the hundreds of millions they took as a deposit for a new Roadster…8 years ago!

Well the government was in the process of doing so, but somehow he seems to have doge’d it.

> I still don’t understand how they haven’t been sued for the hundreds of millions they took as a deposit for a new Roadster…8 years ago!

Because you can cancel your reservation and get your deposited refunded. See terms at Tesla.com

Same site as the OP has an article stating Tesla makes it difficult, and if you put 50k in 8 years ago and obtain 50k now, I think you lost a lot of money. I have no opinion on the process itself though, I don’t know enough about Tesla as I’m only interested in the engineering, just wanted to point out the inflation losses.

> if you put 50k in 8 years ago and obtain 50k now, I think you lost a lot of money.

This is a textbook sunk cost fallacy.

I am curious - are you familiar with inflation?

Are you familiar with the sunk cost fallacy?

I'm not sure you're familiar with it either, or I've missed how on earth it applies in this situation.

Are you? Because I don't think it has anything to do with what we were discussing.

No it isn't. It's textbook time value of money, which is a real thing.

And if you don't think so, please give me $50k, I'll give you back $50.001 in 8 years, a dollar more! You'll come out ahead, right?

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