WhatFinger
CFPSubcribe

A massive cash burn and multiple factory snafus mean investors are losing patience.

What If Tesla’s Time Is Running Out?


By -- Bloomberg—— Bio and Archives--April 19, 2018

News Headlines and Videos | Comments | Print Friendly | Subscribe | Email Us

Incrementalism doesn’t make for the best sales pitch, especially in Silicon Valley. That certainly wasn’t how Tesla Motors—now just Tesla Inc.—was sold to investors. When Elon Musk, the company’s chief executive officer, published his “Secret Tesla Motors Master Plan” in 2006, he made it clear that the upstart electric vehicle maker’s sporty Roadster—described by one impressed reviewer as a “carbon-fiber mosquito”—was just the beginning:

“The strategy of Tesla is to enter at the high end of the market, where customers are prepared to pay a premium. … I can say that the second model will be a sporty four door family car at roughly half the $89k price point of the Tesla Roadster and the third model will be even more affordable,” Musk wrote.—More…


Please SHARE this story as the only way for CFP to beat Facebook anti-Conservative Suppression.

Only YOU can save CFP from Social Media Suppression. Tweet, Post, Forward, Subscribe or Bookmark us

News on the Net -- Bloomberg -- Bio and Archives | Comments

News from around the world


Commenting Policy

Please adhere to our commenting policy to avoid being banned. As a privately owned website, we reserve the right to remove any comment and ban any user at any time.

Comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal or abusive attacks on other users may be removed and result in a ban.
-- Follow these instructions on registering: