Debt is a decent point. Margins are not going to hold for Tesla. They had the privilege of being the only strong EV vehicle on the market. Those days are gone.

Debt is a decent point. Margins are not going to hold for Tesla. They had the privilege of being the only strong EV vehicle on the market. Those days are gone. They had a certain cache as a luxury-ideal brand; that's been deeply eroded by a reputation for iffy finish quality and a certain high-profile personality's choices. And if their falling prices are any indication, Tesla knows that its high margin days are numbered if not outright over, and they're headed towards being just another manufacturer.