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      07-11-2017, 02:18 PM   #14

Drives: E90
Join Date: Mar 2015
Location: Canada

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Originally Posted by Artemis View Post
Originally Posted by m34m View Post
What's wrong with Tesla management? They generate no free cash flow or profit. Meanwhile their market cap is an unjustified $51 billion. They delivered 76 thousand vehicles in 2016. In contrast a company like Ford generated nearly $13 Billion in free cash flow and a net profit of almost $5 billion. In 2016 they delivered 6 MILLION vehicles. Their market cap? $45 billion. Tesla is worth more than Ford? Something is wrong here.
How can they do better? See above. Also perhaps they should prove they have a viable product that can sustain sales without government incentives.
What the papers (just) said:
Thanks Artemis. Now try to convince the belligerent Karmic Man. I think he enjoys arguing because we are both talking about the same thing; Tesla isn't sustainable with its current approach. What I added was that I don't think EV's live and die with Tesla.