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by mellow-lake-day
2822 days ago
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>Tesla will file for bankruptcy protection in 2019. We've been hearing this bankruptcy thing every year without fail since the company was founded 15 years ago. This doesn't mean the company won't go bankrupt but that they are more resilient than given credit for. >And probably lots more that we don’t yet know about. Those court cases you listed are daily life for big companies. Intel has been tied in a court case with the EU since 2001. Google just settled a court case. Google is also facing a bunch of other court cases. Tesla gets the spotlight but look around. |
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The Bloomberg Model 3 counter registered a sharp dip, so the risk is real, but my take is that it doesn't matter.
There is an unprecedented amount of decent EV models coming up for model year 2019. This goal has been achieved and I believe Tesla's stock always reflected the rate at which we were getting there, not the company's long-term viability.