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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: 1, Interesting) by Coligny on Saturday October 31 2015, @03:07AM

    by Coligny (2200) on Saturday October 31 2015, @03:07AM (#256775)

    Nearly cancelled a purchase because of the dealership for my current car. Should have they are assholes. But the car is great so... (Only one Mitsubishi dealership in my part of town)

    Honda lost me to chainsmoking countryside hicks dealership.
    Suzuki guys didn't have time to speak with me, just threw me the keys and a map for a test drive... On my own !?

    Would have stayed with Nissan who felt like family... But the car lineup was/still is appaling... Plus the CEO (Gargamel) is a grade A basterd.

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  • (Score: 2) by FatPhil on Tuesday November 03 2015, @12:50PM

    by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Tuesday November 03 2015, @12:50PM (#257898) Homepage
    > Suzuki guys didn't have time to speak with me, just threw me the keys and a map for a test drive... On my own !?

    What's wrong in that. A mate here was eyeing up a 'vette on a friday afternoon, the dealier threw the keys at him and just said "don't come back till the tank's empty". He bought it on the monday morning. The last thing you want is a dealer going blah-blah-blah in your ear.
    --
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