ChatterBank1 min ago
Is Tesla Done For?
13 Answers
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Musk has no idea how to run a car company and his latest antics don't help either.
Musk has no idea how to run a car company and his latest antics don't help either.
Answers
1 to 13 of 13
..and Musk's giant ego is a massive turn off for the people who can afford it. He's no longer ( if he ever was) cool and that'll hit him more than anything because these people have the money to be associated with someone and something which enhances their street cred, not some shambling egotist that reflects on their choices. And they will.
21:23 Wed 19th Sep 2018
..and Musk's giant ego is a massive turn off for the people who can afford it. He's no longer ( if he ever was) cool and that'll hit him more than anything because these people have the money to be associated with someone and something which enhances their street cred, not some shambling egotist that reflects on their choices. And they will.
General Motor’s Bob Lutz certainly knows what he is talking about when it comes to car companies tanking.
// The U.S. government spent $49.5 billion to bail out GM, and after the company’s bankruptcy in 2009, the government’s investment was converted to a 61 percent equity stake in the company. //
The US Government gradually sold its stock at a $12Billion loss to the taxpayer.
// The U.S. government spent $49.5 billion to bail out GM, and after the company’s bankruptcy in 2009, the government’s investment was converted to a 61 percent equity stake in the company. //
The US Government gradually sold its stock at a $12Billion loss to the taxpayer.
Just what have GM's mega losses got to do with this, unless you are trying to distract from the OP?
This is really not surprising, in fact it was enevitable. He started something that was appealing to the few, especially rich ulra liberals who could virtue signal their greenness via the car. However it is becoming mainstream now an the proletariat are becoming able to buy such vehicles so why would anyone want to buy a car like this now? He is not a car manufacturer and can never complete with the big boys and the car is not niche enough now.
Of course his rants would not have helped either, it often looks like he is loosing the plot, not good for someone left in his position.
This is really not surprising, in fact it was enevitable. He started something that was appealing to the few, especially rich ulra liberals who could virtue signal their greenness via the car. However it is becoming mainstream now an the proletariat are becoming able to buy such vehicles so why would anyone want to buy a car like this now? He is not a car manufacturer and can never complete with the big boys and the car is not niche enough now.
Of course his rants would not have helped either, it often looks like he is loosing the plot, not good for someone left in his position.
1 to 13 of 13
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