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Misc. Prediction - Tesla bankrupt by 2020

Discussion in 'The Howard Stern Show' started by bluedevil30, May 17, 2019 at 7:26 PM.

  1. bluedevil30

    bluedevil30 Well-Known Member VIP

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    The news just gets worse and worse for Tesla. They are in a serious cash crunch.

    https://www.thestreet.com/investing...me-14963523?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

    My feeling is they know that the expected stable run rate (not pent up demand) of car sales is a long term money loser.

    The bigger problem is if potential buyers think Tesla is in financial trouble they won't buy cars. That causes bankruptcy to occur even faster which will basically stop buyers from purchasing Teslas at all.

    If they can't make money on steady state demand Tesla may not be saveable.
     
    DarkFriday likes this.
  2. Mack

    Mack Well-Known Member 2010 OG Gold

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  3. sstressed

    sstressed VIP Extreme Gold

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    they should make them fly too. big sales boom!
     
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  4. Sea Slob

    Sea Slob Well-Known Member

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    If the stock goes below $175, I'll buy some
     
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  5. Willowglen

    Willowglen Lookin thru the glass ceiling & up Stephs skirt VIP

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    I know I'm in California and its not like this across the country but when I'm riding my bike in the carpool lane every third car is a Tesla
     
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  6. Walygatr

    Walygatr VIP Extreme Gold

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  7. Sloppyjoe

    Sloppyjoe ENHANCED HUMAN Gold

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    Seattle area as well is awash with teslas. They are everywhere.
     
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  8. MEGAdawg

    MEGAdawg Well-Known Member VIP

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    They're very popular w/the gays...
     
  9. Mack

    Mack Well-Known Member 2010 OG Gold

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    Sell that thing before you get stuck with an orphaned brand. I don't give a shit about their smoke and mirrors stock price, I'm talking about getting stuck owing 80k on a car that's worth 15k when they shut the doors.
     
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  10. Sea Slob

    Sea Slob Well-Known Member

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    We owe $0.00 but thanks for your concern :hat:
     
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  11. Mack

    Mack Well-Known Member 2010 OG Gold

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    :jj:
     
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  12. Tickle Shits

    Tickle Shits VIP Extreme Gold

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    Not going to happen.
     
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  13. Sea Slob

    Sea Slob Well-Known Member

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    Look I know you think I'm broke like you but we don't finance cars, only houses :dontknow:
     
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  14. Mack

    Mack Well-Known Member 2010 OG Gold

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    I've seen the shitholes you buy, the car cost more.
     
  15. Gomez

    Gomez VIP Extreme Gold

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  16. Sea Slob

    Sea Slob Well-Known Member

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    :worried: you know which houses I own?
     
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  17. Mack

    Mack Well-Known Member 2010 OG Gold

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    You post pics of them in mayo's thread constantly. :rolleyes:
     
  18. Time-Pilot

    Time-Pilot VIP Extreme Gold

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    2020? That's generous. The stock has lost 30% of value this month alone.
     
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  19. Sea Slob

    Sea Slob Well-Known Member

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    I posted a pic one time of a wonky AC installation but it wasn't a property I owned it was a potential fix and flip. Stop worrying about my family finances, enjoy your Friday night like I'm about to do :hippie:
     
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  20. Mack

    Mack Well-Known Member 2010 OG Gold

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    Losing a billion dollars in a quarter will do that. :jj:
     
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