Comments by "bighand69" (@bighands69) on "Tesla facing potential bankruptcy in 3-6 months?" video.

+midnight4109 Even if what you say is correct that Tesla can produce the model 3 for 75% of what they sell it for then Telsa is in for a very very rough period if not complete failure. Timing in business is everything. Running up massive debts and paying no dividends and making a loss every year is not going to be turned around that quickly even with a very successful model 3. They are running the business on financial steam or vapour and at some point that vapour will run out. Tesla needed that successful model 3 5 years ago not today. What you are doing is assuming the potential of an electric vehicle in the long term will allow Tesla to get through the short term. It will not.
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Fake? Tesla is losing on every car it produces and on top of that it has massive levels of debt and it has a product that does not suit the average consumer. And here you are saying it is fake news even though the company supplies its own financial for us to review. I bet you if it fails you will have some conspiracy theory about big oil or some crap like that. Or maybe you will go real low and try to blame Trump. Have you ever heard of Enron. Well guess what people have seen all these things before.
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+Okie Rider You are going to blame Tesla losing money on each car it produces on other manufacturers?
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+Bart van de Beek In business only one thing matters and that is stable finances. Unique will not allow Tesla to overcome bad finances in the meantime. Apple was a company that already had a very successful Ipod before it released the Iphone and a very successful Iphone before it released the Ipad. And apple almost collapsed before Steve Jobs came back to the company and backed up the finances with new capital. Now does Musk have the capital in SpaceX to invest in Tesla. No amount of innovation or potential will save a company from bad finances. Tesla is very very close to collapse unless a big buyer comes along and decides to back it. But I cannot see that happening. What will happen if Tesla has any innovation is that big players will sit back and wait for Tesla to collapse and then go in and picks its bones.
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If Tesla had of positioned itself as a luxury car for eco warrior liberals and priced the product at real market value instead of the reduced cost government subsidized model there is a chance the company would be successful. If they had of priced the S models in the $100k plus range then they may have been onto a winner and taken a long term growth model they would have probably been a good brand for the future. Instead what we get is a share price that is at about $300 but really is only worth about $20-30 dollars with no payback and not real sustainable growth prospects.
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+Andrei It is not the same at all. Electric cars from Tesla are expensive and are luxury products. They are not intended for the everyday user. Tesla jumped before it actually thought. It should have concentrated on the luxury Market and charged luxury prices and kept its production small. Instead what it has done is dig itself into a financial hole. They are building up debt faster than they can sell the cars. That is unsustainable. The engineering simply is not there yet for electric cars to go main steam. The government subsidies that are keeping it a flot are about to end. There are currently tax incentives in place and Tesla has not found a means to actually keep the car at a cost bases that would allow for profits to be earned. At some point the general markets are going to stop lending money to Tesla. If Tesla had of focused on the luxury aspect of the market it could have planned a profit of 20 per car by charging higher prices and in the meantime taken a long term outlook in terms of growth. And at some point down the line it could have been a major player in the market. Toyota, Nissan and other brands are all subsidizing their electric car divisions from profits earned in their normal car divisions. None of their electric divisions are earning a profit.
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You are being delusional at best. Tesla has a ticking financial mess just about to go off any moment. There financials are dreadful and their basic $45,000 is simply not compatible with its competitors $20,000 cars.
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