this post was submitted on 19 Apr 2024
127 points (97.0% liked)

RealTesla

478 readers
1 users here now

  1. Posts must be about Tesla, EV, or AV
  2. Meta Posts must be pre-approved.
  3. Shitposts are limited
  4. No Elon Worship
  5. All Links must include the original title of the Content
  6. Sites behind Paywalls must have text included.
  7. Don't be an asshole
  8. No Image Posts

founded 1 year ago
MODERATORS
dragontamer
[email protected]
127
Could Tesla Go Bankrupt? The Odds Are Rising (bradmunchen.substack.com)
submitted 7 months ago by dragontamer to c/realtesla
23 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 7 months ago

their only selling point is that they make fast electric cars. once the rest of the industry catches up (and they're catching up quick) they'll have nothing but poor build quality and cult of personality worship.