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We would probably be talking about Tesla as the new Enron already had the COVID boom not happened, which threw the car market into a pro-seller extreme. Before
by Shekelphile 3y ago
We would probably be talking about Tesla as the new Enron already had the COVID boom not happened, which threw the car market into a pro-seller extreme. Before COVID they were so desperate for money that they were stiffing vendors, not paying the ones they had to be until after financial statements for the quarter had been generated (to appear profitable on paper), literally taking scrap parts out of the dumpsters in the back of the factory to cobble together cars that they tried to pass off on people by making them take delivery before seeing the vehicle, etc. Not to mention the 'financially delivered' nonsense.
If Tesla is still continuing those practices then there is simply no future for the company. Hopefully they have fixed those issues.