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> This is silly doomsday insanity, Apple will be bankrupt soon kind of hilarity. Apple is probably not a good comparison here. Apple was about three months f
by Analemma_ 9y ago
> This is silly doomsday insanity, Apple will be bankrupt soon kind of hilarity.
Apple is probably not a good comparison here.
Apple was about three months from bankruptcy when Steve Jobs came back, and his pulling it back from the brink is regarded as a once-in-a-lifetime turnaround success. If Tesla's situation is as dire as Apple's was, that is not a good sign.
Note also that before he had time to introduce things like the iMac and iPod, Jobs had to stop the bleeding by brutally slashing unproductive businesses. I don't see Tesla doing anything like that.
- cryptoz 9y agoI was referring to Modern Apple, post-2016 Apple, not Apple from nearly 30 years ago. I am not referencing that moment in time, I am referencing a very strong company with huge cash reserves and a dedicated wealthy fanbase along with fawning investors, both private and public. > I don't see Tesla doing anything like that. Of course not, that would Actually bankrupt the company. What Tesla must do is what they say their plans are: ramp up production and bring new product categories online. They will succeed, and if there are short-term cash issues they will be resolved. Tesla is a $10T play. Elon wouldn't let it die in 4 months because of some silly, relatively small cash issue getting in the way.
- eip 9y ago>I was referring to Modern Apple, post-2016 Apple The difference is Apple prints money. And Foxconn is arguably the best there has ever been when it comes to manufacturing. Tesla burns money. The only similarity is their cult leaders.