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I think it's unlikely they'll be acquired. Tesla has about $9B in debt, had never been profitable on an annual basis, and most other automakers are plowing forw
by golfer 7y ago
I think it's unlikely they'll be acquired. Tesla has about $9B in debt, had never been profitable on an annual basis, and most other automakers are plowing forward with their own EVs.
I don't see much upside in acquiring Tesla. I expect chapter 7 bankruptcy (liquidation), or chapter 11 if Elon can pull the ripcord soon to have some money available to weather the restructuring.
- jacques_chester 7y agoThere's a lot of P&E on the balance sheet. If they liquidate I expect the creditors will look to flog that to the major carmakers.
- iamgopal 7y agoWhatsApp was sold for 20 billions and redhat for 32 billions. I think apple could easily buy it when time comes.