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Tesla could go out of business or become a takeover candidate. Electric car subsidies are on the line in many cases in EU. And the coolness factor in contrast

Tesla could go out of business or become a takeover candidate. Electric car subsidies are on the line in many cases in EU. And the coolness factor in contrast to other established brands was clearly damaged by Elno's escapades - and it's not getting any bette

joewadcan 4y ago
I'd bet against that. Tesla is flush with cash, zero debt, and growing revenue annually more that most Fortune 100 companies. They are very profitable without any subsidies and still have a 28% profit margin on the cars they sell
masklinn 4y ago
> or become a takeover candidate. Why tho? It’s not like they’re really good cars, the build quality is sub-par, as you note the brand has really suffered, the home-grown tech would be difficult to integrate, and the automation a liability. The supercharger network seems like the major asset someone might be interested in. And secondary would be a pretty strong software team as historic manufacturers have had a hard time taking that turn, but at the same time that would likely clash with the existing teams and practices so the benefit is not a sure thing.
- chinabot 4y ago
  They are really good cars actually (FSD Bulls** excluded)
  - masklinn 4y ago
    > They are really good cars actually (FSD Bulls* excluded) They're not tho, the materials, QA, and fit and finish is absolutely garbage, has been for years, and apparently it's getting worse (https://youtu.be/kIW4moIM0zM https://youtu.be/kIW4moIM0zM).
    - chinabot 4y ago
      I've got a 2021 model 3 and dont have any of the issues you are talking about, I must obviously be the exception.