Even Auto vetran Lutz says this is going to be a bloodbath! Electric cars demand is going down with low oil and all sorts of problems with not being accepted by mainstream buyers, plus GM and Ford are dumping their cars at a loss just to move them to appease tax incentives they received. Tesla's operating expenses are so high and nothing to offset them like GM and Ford have. Can you spell disaster coming for a bloated pig valued at 21 billion still!
His theory was that volume was going to increase to the millions like GM and Ford, now volume is actually going backwards and from a low level of 50,000 vehicles a year! lol
wait until next weeks quarter conference call and they realize this is only worth 40 at most!
burning thru cash and debt piling up!
as technology stocks fall out of bed its indirectly killing TSLA's buyers for their cars, as these were the potential buyers for them.
next week TSLA will see 100
burning thru cash and laden with debt here and competition getting fierce for limited market
could easily revisit that area or lower with biotech's out of favor and big miss on net earnings
definitely not wowed by them
with market down on medical stocks it could get ugly
Her weak performance in Iowa is just the beginning. Bernie will crush her in New Hampshire
all this drug pricing will fade into the sunset soon