Yeah Pek, I'm with you....The company is still mismanaged and it is still a cult stock with huge government subsidies and annual cash infusions.
and what happens in the next recession when the subsidies end ?
Yeah Pek, I'm with you....The company is still mismanaged and it is still a cult stock with huge government subsidies and annual cash infusions.
and what happens in the next recession when the subsidies end ?
He's taking a cue from Porsche......which is very shrewd.Not to mention they are not really making it 35K. With options it is around 45K but that is another trick from the magician...
EXACTLY....we would need diesel fuel prices in the $20/gal range to justify the cost of these vehicles.The analyst expect Tesla to kill the semi program, due to its infeasability at the promised specs.
You would think the new semi reservations are flying off the shelves:
"track of the reservations and has so far tallied incredibly disappointing 55 reservations.
For reference, Nikola Motor Company, a BEV and fuel cell truck startup, a Tesla offshoot, got about 7,000 reservations worth about $2.3B for its Nikola One truck last year."
The analyst expect Tesla to kill the semi program, due to its unfeasability at the promised specs.
https://seekingalpha.com/article/41...ing?li_source=LI&li_medium=liftigniter-widget