I have two strong-willed young daughters, so I’m used to having conversations that take unexpected twists, and arguments in which supporting evidence is sometimes given that, honestly, may not be relevant to the cause.
“I can’t find my gymnastics leotards” is somehow intrinsically linked to “why aren’t I eating ice cream right now” and inevitably “this is all your fault, dad.” The only way to navigate these fraught conversations is to slowly and carefully unpack them, present as much fact-based evidence as I can, and hope we all walk away with a better understanding of what’s going on (and, potentially, some ice cream).
Normally, I wouldn’t bother to write about something as mundane as a company closing a secured credit facility.
In Tesla’s case, however, articles have been written and hundreds of people felt compelled to comment on the fact that the company just finalized a $500 million credit line with a consortium of large banks. A whole category of writers cited the facility as an example of some kind of harbinger of doom, and a whole second set suggests it’s definitive proof of the success of the business model.
And I feel like I’m watching an argument about a thing that, at its core, is at best only peripheral to the actual argument.