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Old Posted Apr 6, 2018, 2:49 AM
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caltrane74 caltrane74 is offline
gettin' rich!
 
Join Date: Aug 2002
Location: Toronto
Posts: 34,170
Quote:
Originally Posted by caltrane74 View Post
Tesla might be in trouble..
Just to clarify my concern with Tesla is not the stock price, but it abiltity to produce cars and reduce its losses. Its burning cash at a ridiculous rate. So if they can get their production up and narrow the losses to reduce cash burn there is hope. They are not only trying to revolutionize the car, they are also trying to revolutionize the car production process through A/I and Automation. There is great promise, but also great risk. But thats where you will potentially make more money than my crazy bet on Amazon.
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