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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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You will have a long and boring life.
(Score: 0) by Anonymous Coward on Friday October 30 2015, @08:13PM
Ford received a loan of $5.9 billion from the government, to re-tool its factories.[1] GM and Chrysler received $17.5 billion in bail-out funds in 2008.[2] In 1980 and 1981, Chrysler had received $1.2 billion in loan guarantees from its Uncle Sam.[3] Supposing Tesla faces insolvency, could it be in the public interest to bail them out?
[1] http://www.factcheck.org/2011/09/ford-motor-co-does-u-turn-on-bailouts/ [factcheck.org]
[2] http://www.bloomberg.com/news/articles/2012-10-09/ford-would-have-shut-without-auto-bailouts-rattner-says [bloomberg.com]
[3] http://www.nytimes.com/1983/08/12/business/us-to-sell-its-chrysler-warrants.html [nytimes.com]