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Bob Lutz Thinks Tesla is Doomed

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: 3, Insightful) by Thexalon on Friday October 30 2015, @05:48PM

    by Thexalon (636) on Friday October 30 2015, @05:48PM (#256572)

    If you ignore all the people shes' shafted for personal gain (admittedly a lot of that is due to the absence of adult supervision at HP and Lucent ...

    Isn't the president (whether of a business or of the government) supposed to be adult supervision rather than requiring adult supervision? I've got idea: How about picking a candidate that doesn't shaft other people for personal gain, rather than giving those who would shaft others even more power to shaft even more people?

    --
    The only thing that stops a bad guy with a compiler is a good guy with a compiler.
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  • (Score: 1) by khallow on Friday October 30 2015, @06:36PM

    by khallow (3766) Subscriber Badge on Friday October 30 2015, @06:36PM (#256597) Journal

    Isn't the president (whether of a business or of the government) supposed to be adult supervision rather than requiring adult supervision?

    No, I think it's both. I think a big part of the silliness, routine to politics in democracies, is the lack of adult supervision by the electorate.

    • (Score: 2) by Thexalon on Friday October 30 2015, @09:31PM

      by Thexalon (636) on Friday October 30 2015, @09:31PM (#256680)

      Point being, why would we hand authority and responsibility to somebody who has repeatedly demonstrated cannot handle authority and responsibility? Because that's just plain stupid.

      --
      The only thing that stops a bad guy with a compiler is a good guy with a compiler.