this post was submitted on 19 Apr 2024
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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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[–] AA5B 1 points 7 months ago

definitely not paying the 55b usd bonus, that sounds more and more like an exit strategy for Mr Musk.

Pretty sure that’s not cash. That’s $55B USB worth of stock, at current prices. I think the argument is that he needs to fix the company enough to keep the stock high, if he wants that money