This is some good looking analysis on Tesla’s current problems.
I don’t know if “Bankruptcy” is a word to be thrown out right now. But it is clear that the Cybertruck is a dud, the Model 2 is allegedly cancelled, and the Model 3 Highland refresh barely moved the needle.
Finally, TSLA sold fewer cars in Q1 2024 while the overall car market grew in sales. It could be an EV-only blip or problem, but in any case, its a clear problem for Tesla.
Overall, the substack article stays focused on GM, Chrysler, and Nissan and how these 2008-era and 1999-era bankruptcies have similarities to Tesla’s troubles today. It seems a bit hyperbolic, but it overall seems like a good read.
Oh. Thanks for the information, I read up about it after your post and it checks out. I will have to confess that most of my information come definitely from a fanboy at work, he told me they where something like 50% more efficient and producing cars than the rest of the industry. Although I never understood that number came from or what he measured against I also never questioned it. I just assumed the truth was somewhere between probably having a few cleaver logistical/production solutions and being just an average car producer.