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Originally Posted by speeder
So is Tesla going out of business or what? Serious question, I don’t follow their stock because I don’t have any.
They are still selling like hot cakes in my part of town but then, it’s Tinseltown. So not the best barometer of the country as a whole. There was a brand new P100d and a Model X in front of coffee shop this morning, both with temp tags.
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I fully expect it to stumble on for another decade, adding bailouts to its current subsidies, before it disappears. How will it disappear? Well there will be a trial. Someone in government will put Musk on trial to bury the government's role in creating Tesla and letting the scam go on for so long. During this process, I expect many key assets to be sold off, but I expect the Tesla name to disappear because it is permanently linked with Musk's crimes.