Is This The End Of Tesla ?

destriero said:
Imagine if they can clear $10K per car. What $5B, $6B per year?

The $920MM was paid in March. Tesla's can be issuing debt at an 8% coupon so they will do a secondary or a private placement with the Saudi dogs. Once completed the shares will hit $350.
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No hands on the Merritt parkway not bad
 

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Pekelo said:
It is actually not Musk's fault. I mean it is his fault believing in bad economical principles and not knowing physics. But the main problem is this:

Batteries simply don't have enough energy (aka punch) for the modern world. Not yet. They are simply not economical. Nobody in the Western world makes EVs profitably. Maybe the Chinese can, with their cheap labor. Other carmakers make them because they can afford a loss just to be in compliance with states' laws. Tesla can't.

But basing a car factory in CA, making no research on just how much for they could sell them (35K promise, pulled out of his ass), mismanaging the company, no dealer's network,etc. Those are all capital mistakes. That is why Tesla will fail. It would have probably failed as a nieche luxury carmaker, but with the M3 massmarket bondogle, they are doomed.
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Not to mention a relatively minor fender bender can total the car.

https://www.google.com/search?q=fen...rome..69i57.8270j0j7&sourceid=chrome&ie=UTF-8

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That dent in the FL fender cost $7,000 to repair
 
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