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      07-06-2017, 08:12 AM   #2
m34m
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Quote:
Originally Posted by Karmic Man View Post
Funny how most thinks EV are the future but my own prediction is Tesla might not be around 10 years from now.

They loss USD620M in 2016 and loss USD13,000 on very car they sold. The loss was only USD4,000 per car back in 2015.

Their cash flows are predominantly sustained by all the punters from Wall street.

When Wall street crashes (not if but when) and pull the plug so will Tesla.
So if Tesla goes down that's the end of electric vehicles? All the other massive manufacturers will just give up? Are you serious? Did you see Volvo's announcement yesterday?