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Could Tesla Go Bankrupt? The Odds Are Rising (bradmunchen.substack.com)
submitted 6 months ago by dragontamer@lemmy.world to c/realtesla@lemmy.world
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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.

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[-] nilloc@discuss.tchncs.de 5 points 6 months ago

That is, of course, assuming they don't do something monumentally stupid like giving Musk his 55 billion dollar bonus, which will wipe out every dime of profit they've ever made.

Or building a polarizing (fugly) truck that is impossible to efficiently and reliably produce quickly enough to meet the inflated demand Musk created by lying about its capabilities and features?

[-] Tar_alcaran@sh.itjust.works 2 points 6 months ago

Whoops, too late!

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

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