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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: 5, Funny) by TheRaven on Friday October 30 2015, @03:33PM

    by TheRaven (270) on Friday October 30 2015, @03:33PM (#256508) Journal

    So are we suppose to trust his opinion since he was a VP at two failed car companies?

    Because, obviously, he's an expert in failing car companies.

    --
    sudo mod me up
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  • (Score: 0) by Anonymous Coward on Saturday October 31 2015, @03:18AM

    by Anonymous Coward on Saturday October 31 2015, @03:18AM (#256781)

    So if he's experienced in running companies to the ground, does that mean Tesla is doomed in the sense it can't be ran into the ground?