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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: 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.
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