Quote:
Originally Posted by okyoureabeast
Tesla, as we know it today, won't be around for much longer.
Their burn rate is too high and they're running out of money.
Unless an angel investor throws money at them or they get shareholders to agree to another round of equity financing (good luck) it'll be game over.
The brand may live in, but the underwhelming tech won't. Doubly so, rechargeable batteries are a dead end technology.
We'll also never see oil jump above $100 a barrel again either until the slow rate of inflation takes it there and then by then, a $100 will be the new $1.
|
Except for the fact that Tesla is considered a technology company and not a "car company". Similar to Amazon, burned money for years, and never a problem raising cash. Don't know if I have enough time to see a return of any investment in my life time though.