Elon Musk and business reality

Posted by $ blarman 2 years ago to Business
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Not even Bloomberg can sugarcoat the fact that for all the hype of Elon Musk, he's drowning in debt with a product that can't get off the assembly lines.
SOURCE URL: https://www.bloomberg.com/news/features/2018-07-12/how-tesla-s-model-3-became-elon-musk-s-version-of-hell?cmpid=BBD071218_BIZ

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  • Posted by Lucky 2 years ago
    A little off topic maybe-
    Musk proposed to Thailand that he send in capsules to rescue the youngsters trapped in the cave.
    The Thai gov said no and explained why. Musk then argued claiming he knew better. The Thai gov can be given the benefit of the doubt here, they took advice from all kinds of non-national experts, medics from Australia, divers from UK, a big on-site US contingent, etc.
    Most likely, Musk big noting himself, again.
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  • Posted by freedomforall 2 years ago
    I read this yesterday. It appears that Wall Street has their short position in place after having co-written numerous media stories promoting Tesla to all their customers for the past several years. Time for Wall Street to trash Tesla and make a fortune for Wall St off the misfortune of Wall Street's customers. The fate of Tesla the company is irrelevant to Wall Street; all that matters to Wall Street is how much Wall St can steal from investors who listened to advice from Wall St.
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