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posted by martyb on Friday October 30 2015, @03:25PM   Printer-friendly
from the taking-stock dept.

Bob Lutz, car-guy-to-the-max, former VP of GM and Chrysler, with time at BMW before that, wrote this recent article --
    http://www.roadandtrack.com/car-culture/a26859/bob-lutz-tesla/

The opening paragraph is gloomy:

Tesla's showing all the signs of a company in trouble: bleeding cash, securitized assets, and mounting inventory. It's the trifecta of doom for any automaker, and anyone paying attention probably saw this coming a mile away. Like most big puzzles, the company's woes don't have just one source.

and the prognosis goes downhill from there mentioning competition from Audi, the lack of enough dealers to attract more buyers and other problems.


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  • (Score: 0) by Anonymous Coward on Friday October 30 2015, @04:21PM

    by Anonymous Coward on Friday October 30 2015, @04:21PM (#256525)

    Except that the iPhone outsold its contemporaries when it was first released.

  • (Score: 0) by Anonymous Coward on Monday November 02 2015, @09:19AM

    by Anonymous Coward on Monday November 02 2015, @09:19AM (#257421)

    That was a single device carrying the weight of the whole platform - it doesn't need much sales to show up as a peak in the graph against manufacturers who put out a dozen devices each month. Especially if you restrict the data to its best-selling market.