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I love Tesla cars, I think they look amazing, the technology behind the is incredible...but it is just not well run in terms of money. Musk is a visionary, but
by partiallypro 10y ago
I love Tesla cars, I think they look amazing, the technology behind the is incredible...but it is just not well run in terms of money. Musk is a visionary, but seems to overlook his cash burn. I am waiting for the headlines when people are talking about Tesla'a stock plummeting down to earth. Maybe he has enough billionaires in his network of friends to keep him going long enough to maintain his image. I don't know. People aren't as friendly with their money during economic downturns and we're due for one. That's when we'll find out what lies beneath the veneer.
I love his work, but I question his financial decisions.
- greglindahl 10y agoYou are commenting on an article which is all about Musk paying attention to cash burn.
- prostoalex 10y agoI am not very good at Twitter search, but at some point Elon pointed out that out of all US car companies only two have never went bankrupt - Ford Motors and Tesla Motors. The car manufacturer industry does not have any good role models on being run well in terms of money.
- prostoalex 10y agoI am not very good at Twitter search, but at some point Elon pointed out that out of all US car companies only two have never went bankrupt - Ford Motors and Tesla Motors. The car manufacturer industry does not have any good role models on being run well in terms of money.