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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) by daaelar on Saturday October 31 2015, @12:54PM

    by daaelar (5403) on Saturday October 31 2015, @12:54PM (#256872)

    I really wish some of these automakers would start selling outside of California. I live in NJ and there's plenty of folks here who would like to have full EVs. Two of my neighbors drive Volts and many others drive various Toyota/Lexus hybrids. Unfortunately, most of the full plug-in or even alternative fuel (looking at you, Honda Clarity) simply aren't available outside of California. I drive 10 miles round trip to work. I'm the perfect candidate for an EV, yet my only choices are the Tesla or a whole bunch of really tiny, really ugly concept-to-production vehicles. The i3 and the Leaf aren't exactly my cup of tea.