View Single Post
  #233  
Old 11-15-2017, 05:31 PM
LSLGuy is offline
Charter Member
 
Join Date: Sep 2003
Location: Southeast Florida USA
Posts: 21,035
If Tesla didn't have Musk's wallet behind it I'd have a lot more reason to believe Magiver is mostly right and the whole thing may have started legitimately but is now merely a Ponzi scheme to collect a lot of deposits (or stock market valuation) from the rubes before reality sets in.

Given that Tesla actually does have Musk's wallet & ego behind it, I think Magiver is discounting those factors to zero. And IMO that's a mistake. Those factors mean there's a hefty chance Tesla does cross that Valley of Death on the way to selling at scale for per-unit positive cash flow. Which is enough to keep the project going UFN.

Might he later sell the brand, or the design, or some tech innards goodness to GM / Toyota / VW & call it quits? Sure. But that's business, not a criminal conspiracy.

Last edited by LSLGuy; 11-15-2017 at 05:33 PM.