Tesla (TSLA) Analysis
SUMMARY
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TSLA is Doomed
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I couldn't agree more. Now that they have sold >200,000 vehicles the incentives are coming off, so the car prices are going up. Cars are one of the post price elastic product on the market. You raise the price and the demand drops off.
$10B in debt. No hope to actually turn a profit. Burning cash on hand. Struggling with manufacturing costs and output. >110 electric cars announced globally.
@sadkitten is countering 50% of @haejin self-votes for 1 week starting Friday, September 7th 2018 because it is part of last weeks top self-voters. For more details see this post.
Hi @haejin, thank you for the information,greetings from me 😊
Great information as always. Cheers!