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Failure looks like bankruptcy. https://en.wikipedia.org/wiki/Bankruptcy_in_the_United_States https://en.wikipedia.org/wiki/Bankruptcy_in_the_United_State... I
by dogruck 9y ago
Failure looks like bankruptcy.
https://en.wikipedia.org/wiki/Bankruptcy_in_the_United_States https://en.wikipedia.org/wiki/Bankruptcy_in_the_United_State...
If you don’t think it’s possible, then I suggest putting all of your available assets into their equity.
- jungturk 9y agoWith a declared mission to "accelerate the advent of sustainable transport", I'm not sure a bankruptcy would constitute failure at this point. The momentum Tesla's created toward electric cars may be sufficient that mass-market producers can take it from here.
- dogruck 9y agoThen, they should just shut down the company now, donate the remaining billions to charitable causes, and enjoy their “success”?
- rrhd 9y agoOf course it would. but I'm sure Elon could spin it.
- gozur88 9y agoThey'd certainly try to spin it that way, but were I an investor I'd still call it a failure.