Jfc musk is so done here
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Date: August 14th, 2018 10:37 PM Author: bisexual prole
Keep in mind that this was probably done with Wachtell’s help and it’s still the best they could come up with. Also, it turns out he hadn’t actually hired Goldman or Silver Lake. I don’t understand how anyone is saying he’s anything less than fucked. This is a Kalanick-level meltdown for a public company CEO.
Finally, there were report today that Model 3 bumpers are falling off when it rains due to shitty manufacturing.
(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618320) |
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Date: August 14th, 2018 10:56 PM Author: Henna Love Of Her Life
At least Tesla is bringing MAGA to car manufacturing. We're back to 1970s/80s level quality!
EV cars are fundamentally negative margin businesses. Every car maker loses a shitload of money on these cars (~$10k each). No one makes money, not Toyota, not Honda, not Tesla, etc. But with how much Tesla rips off buyers, I thought they'd at least eke out a small profit.
The stock price of Tesla is pure insanity.
edit: The 8-K Tesla filed today announcing a committee for reviewing any proposal confirms there's no plan, no source of financing. There's nothing. Seems more like the board covering their ass.
(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618422) |
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