View Single Post
      07-11-2017, 03:07 PM   #19
insanecoder
Brigadier General
1341
Rep
3,204
Posts

 
Drives: 340isDrive
Join Date: May 2016
Location: East Coast USA

iTrader: (0)

Quote:
Originally Posted by Karmic Man View Post
Funny how most thinks EV are the future but my own prediction is Tesla might not be around 10 years from now.

They loss USD620M in 2016 and loss USD13,000 on very car they sold. The loss was only USD4,000 per car back in 2015.

Their cash flows are predominantly sustained by all the punters from Wall street.

When Wall street crashes (not if but when) and pull the plug so will Tesla.
Even w/o those losses, when the major auto makers are all-in on EV, you are right it'll be all over for Tesla as they stand now
If they move to another niche of some kind then maybe linger on alil more