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November 26, 2017 02:00 pm GMT
You know everybody loves Tesla-the-company. But did you know that a whole lot of smart people hate Tesla-the-business? “From a return-on-investment-capital standpoint, Tesla is a catastrophe.” “The electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour.)” “Tesla is losing a massive amount of money with no competition, and… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/g0xVnIAIRLE/
In praise of Teslas bankruptcy
You know everybody loves Tesla-the-company. But did you know that a whole lot of smart people hate Tesla-the-business? “From a return-on-investment-capital standpoint, Tesla is a catastrophe.” “The electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour.)” “Tesla is losing a massive amount of money with no competition, and… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/g0xVnIAIRLE/
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