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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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QOTD:
"My life is a soap opera, but who gets the movie rights?"
(Score: 2) by mmcmonster on Friday October 30 2015, @08:48PM
Odd. That's probably taking into account the infrastructure Tesla is building in their supercharger network. Or just taking their losses and dividing it out over the number of cars they sell.
I was under the impression that the markup on the base model was around $10k and goes skyward from there. They justified the markup as they were building out the supercharger network.
The thing is, when you are building up infrastructure, profit/loss statements can be made to look as good or bad as you want. If you want it to look good, just slow down infrastructure investments for a quarter.