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CNBC: Semi and new Roadster may lead Tesla into a figurative car wreck

1683 Views 3 Replies 3 Participants Last post by  stuart22

Who wants to place bets on how long until Tesla taps the markets yet again for another capital raise? The cash incineration engine is hungry! #WorldsBiggestKickstarter
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Another Henry J. Kaiser story, maybe?

I don't see much profit in the Model 3. Tesla does not have the luxury to spread over multiple brands the substantial costs of a creating a new platform, as do the big manufacturers.

What I do see is the Model 3 cutting into sales of Tesla's high profit margin offerings, the Model S and X. Even with delays in getting it out into consumer hands - just the presence of the Model 3 as being officially available even though it is not so in reality is enough to chop into S & X sales. This is not a sustainable scenario.
Yes. /
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