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dragontamer

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Could Tesla Go Bankrupt? The Odds Are Rising (bradmunchen.substack.com)

submitted 7 months ago by dragontamer to c/realtesla

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This is some good looking analysis on Tesla's current problems.

I don't know if "Bankruptcy" is a word to be thrown out right now. But it is clear that the Cybertruck is a dud, the Model 2 is allegedly cancelled, and the Model 3 Highland refresh barely moved the needle.

Finally, TSLA sold fewer cars in Q1 2024 while the overall car market grew in sales. It could be an EV-only blip or problem, but in any case, its a clear problem for Tesla.

Overall, the substack article stays focused on GM, Chrysler, and Nissan and how these 2008-era and 1999-era bankruptcies have similarities to Tesla's troubles today. It seems a bit hyperbolic, but it overall seems like a good read.

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[–] VubDapple 12 points 7 months ago (1 children)

People would warm to Tesla again if Musk were to sell them so that his bad reputation could be distanced from the actual engineering

[–] logi 14 points 7 months ago

Musk doesn't need to sell his shares. The board just needs to fire him as CEO.