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Old 11-15-2017, 08:20 PM
Magiver is offline
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Join Date: Apr 2003
Location: Dayton Ohio USA
Posts: 28,155
Quote:
Originally Posted by LSLGuy View Post
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.
Elon Musk is worth 19 billion on paper. I don't know how much that is worth if he liquidates but Tesla could burn through that pretty quick.

His battery storage business is something he can make money on. If the Model 3 continues to burn through capital then at some point he will be forced to concentrate on the profitable nodes of business to keep from going bankrupt.
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