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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, Interesting) by frojack on Friday October 30 2015, @07:22PM
He says the company is "losing $4000 per car" which, if true, means consumers aren't paying enough to cover the costs.
Yeah, Chevy Volt lost money on every sale too. Except, Chevy was losing close to $40,000 per vehicle. [reuters.com] Lutz knows a thing or two about losing money.
The thing is, Lutz isn't taking into account the massive cost savings that Tesla expects to reap when its battery plant comes on line.
Musk will probably end up selling batteries to Chevy.
No, you are mistaken. I've always had this sig.