Stories
Slash Boxes
Comments

SoylentNews is people

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.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Bob Lutz Thinks Tesla is Doomed | Log In/Create an Account | Top | 97 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 2) by Lunix Nutcase on Friday October 30 2015, @08:58PM

    by Lunix Nutcase (3913) on Friday October 30 2015, @08:58PM (#256662)

    You can buy inventory cars. You can even find posts about people talking about it.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
    Total Score:   2