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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: 1, Funny) by Anonymous Coward on Friday October 30 2015, @06:49PM

    by Anonymous Coward on Friday October 30 2015, @06:49PM (#256604)

    Are you comparing this guy to Einstein?!?

    Thats almost like a reverse goodwin.

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  • (Score: 2) by takyon on Friday October 30 2015, @08:59PM

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Friday October 30 2015, @08:59PM (#256664) Journal

    Actually, "Goodwin" is a good name for that.

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