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Old 11-14-2017, 09:31 PM
Magiver is online now
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Join Date: Apr 2003
Location: Dayton Ohio USA
Posts: 28,151
Quote:
Originally Posted by Ravenman View Post
Well, for how many years have you been predicting the imminent demise of Tesla?
The same number of years they've been burning through capital?

They're currently struggling with battery production which is supposed to be Tesla's strength. They've produced almost no Model 3's at a time when they were supposed to be in mass production and generating capital going forward. They cannot compensate for lost sales in 2017 and the money they're spending to fix the problem adds to the production cost of every vehicle made in the future. In short, they are going to take a loss on these cars regardless of any infusion of capital.
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