Green technology is the medium to get money from the governnment and we know most of the green projects failed lossing money. Setup a business then link it to green technology then you get tax discounts and subsidy from the government.
Dealers can pressure a car manufacturer if they are abusing and disregarding the rights of the consumers whenever they have complains about the product. What many would like to believe is Tesla car is error free ? Those who owned them has not travelled long distance yet and most of their mileages are low. Some wealthy customers bought Tesla as a weekend car. Celebrities least them to showcase their status and fame.
there you go ... a democrap State follows the path
must wear nonconductive rubber undees. :-)
Ah yes because Tesla Motor Corp enjoys subsidy from tax discounts from Obama's green technology innitiatives. Now I got it ... Tesla is a democraps who wanted to get all the benefits he can get from government but wanted to pay little taxes but wanted to earn more so it can pay its huge debt and surmounting operating expenses.
A reverse split after reaching bottom may do it ! :-) Tesla is way overvalue. Just ride with the momentum and sell when the big boys are dumping. You cannot defy the law of supply and demand.
If you bought at high, there are only two scenario either cut your losses or watch your money melt until summer !
There is no way than to correct the price so expect downhill trend till it reach bottom @ $120 - $150
Sooner will have problem with cash. Expenses mounting.
send the car back by mail for repair ?
One negative news will spiral to $190 ... watch out ! Get your cash profit while it last. Paper profit won't get you anywhere. Must cash out to say you won !!!
TSLA is way too expensive. Operating expenses mounting. Levered free cash flow is negative $32M.
huh ! so now it became a political party. Even a democrat is a governor, will he not protect the jobs, businesess and industry of his State ?