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Old 2nd November 2018, 09:31 AM
Reffro Reffro is offline
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Location: Bushey, Herts
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Quote:
Originally Posted by tintin View Post
And they certainly won't deliver Tesla volumes by that date - Tesla is now the biggest selling car manufacturer in North America by value.
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Tesla are neither the biggest selling Manufacturer in the USA let alone North America, nor do they have the highest revenues of any manufacturer. 17th by volume, 16th by revenue for Cars in the USA.

They may have huge market capitalisation, but they have bugger all cash left, huge liabilities and only squeaked a profit in Q3 2018.... and a whole of load of precedents pointing to a big fail.

Tesla got a march on the product, but haven't actually profited from it, nor are they likely too. The competition becomes so fierce from now on that Tesla will struggle to maintain a margin if they don't sort out their production, oh and did I mention the debt!
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