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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: 2) by captain normal on Friday October 30 2015, @07:28PM

    by captain normal (2205) on Friday October 30 2015, @07:28PM (#256623)

    Yeah...and just how many Dodge Vipers have you seen on the streets?

    --
    The Musk/Trump interview appears to have been hacked, but not a DDOS hack...more like A Distributed Denial of Reality.
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