127
Could Tesla Go Bankrupt? The Odds Are Rising (bradmunchen.substack.com)
submitted 5 months ago by dragontamer@lemmy.world to c/realtesla@lemmy.world
23 comments fedilink hide all child comments

This is some good looking analysis on Tesla's current problems.

I don't know if "Bankruptcy" is a word to be thrown out right now. But it is clear that the Cybertruck is a dud, the Model 2 is allegedly cancelled, and the Model 3 Highland refresh barely moved the needle.

Finally, TSLA sold fewer cars in Q1 2024 while the overall car market grew in sales. It could be an EV-only blip or problem, but in any case, its a clear problem for Tesla.

Overall, the substack article stays focused on GM, Chrysler, and Nissan and how these 2008-era and 1999-era bankruptcies have similarities to Tesla's troubles today. It seems a bit hyperbolic, but it overall seems like a good read.

you are viewing a single comment's thread
view the rest of the comments
[-] polygon6121@lemmy.world 4 points 5 months ago

Oh. Thanks for the information, I read up about it after your post and it checks out. I will have to confess that most of my information come definitely from a fanboy at work, he told me they where something like 50% more efficient and producing cars than the rest of the industry. Although I never understood that number came from or what he measured against I also never questioned it. I just assumed the truth was somewhere between probably having a few cleaver logistical/production solutions and being just an average car producer.

this post was submitted on 19 Apr 2024
127 points (97.0% liked)

RealTesla

471 readers
2 users here now

  1. Posts must be about Tesla, EV, or AV
  2. Meta Posts must be pre-approved.
  3. Shitposts are limited
  4. No Elon Worship
  5. All Links must include the original title of the Content
  6. Sites behind Paywalls must have text included.
  7. Don't be an asshole
  8. No Image Posts

founded 1 year ago
MODERATORS
dragontamer@lemmy.world
dragontamer@lemmy.ca