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I don't understand how a company, which is shipping vehicles that people are lining up to buy, could be worth zero.
by echlebek 9y ago
I don't understand how a company, which is shipping vehicles that people are lining up to buy, could be worth zero.
- clhodapp 9y agoAs a mildly plausible example, a debt-powered "business" that made and then gave away high-quality vehicles for free would probably get people lining up but would also not be worth anything.
- prepend 9y agoDebt. GM was worth zero a few years ago before bankruptcy. Tesla owes over$1.8B with negative billions in earnings each year. That’s how. I actually believe that they will pull out and eventually turn a profit. But not all do.
- deleted 9y ago[deleted]