The Market Ticker - The End Of TesSUCK
The company is done folks.
Too much debt, too much forward hype, too many lies.
Q3 and Q4 will be “incredible” predicts Musk.
Uh huh.
The CTO is leaving too; he’ll “remain” as an “advisor.”
Uh huh.
Margins dropped, they have lost another top executive and missed across the board.
The real problem is that the market is saturated for vehicles which have ratcheted up in price with no real gains in capability. Remember that Musk infamously said that Teslas would appreciate in value; something that has never before happened outside of rare collector cars — and won’t happen this time either.
This company is a
Source: https://www.market-ticker.org/akcs-www?post=236442
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