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Tesla Burns and Explodes
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island911
Information Junky
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,167
Quote:
Originally Posted by
widgeon13
https://www.marketwatch.com/story/tesla-is-just-months-away-from-a-total-collapse-says-hedge-fund-manager-2018-03-27
Quote:
“As a reality check, Tesla is worth twice as much as Ford [estimate of the enterprise value of both companies],
yet Ford F, -0.37% made 6 million cars last year at a $7.6 billion profit while Tesla made 100,000 cars at a $2 billion loss,”
Thompson said. “Further, Ford has $12 billion in cash held for ‘a rainy day’ while Tesla will likely run out of money in the next 3 months.
I’ve never seen anything so absurd in my career.”
I am
Shocked!
__________________
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03-28-2018, 08:01 AM
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