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RE: Tesla is a Hot Garbage Death Trap! Elon Musk Kills Another.

in #tesla7 years ago

Honestly, I would say Tesla only appeals to the Elon fanatics who would stop at absolutely nothing to get a Tesla car. The recent announcement of a restructuring is a good news to essentially cut the fat from the meat and bones. Tesla might have to raise more capital in the next 1 or 2 years if it doesn't manage its cash flow correctly. I would say it's an extremely tricky situation and pumping money into R&D will not solve all problems. If there's no end product, then there's no revenue. Likewise, if car safety problem is not rectified, then pretty much nobody is going to buy the car. Coupled with talents leaving the organization, Elon has a lot going on.