Quote:
Originally Posted by Viffermike
Production at least a third below targets, now barely profitable ... and an announcement this morning that it will lay off 7 percent of its workforce and end all 'non-critical' contracts.
Yeah, I'm not gonna bank on Tesla.
Sell that stock now. It ain't gonna stay up for long.
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Agreed. They can't ramp up Model 3 production fast enough to make room for the much needed Model Y. The S is overdo for at least a refresh if not a full new model. And the X is, well, the horrible, ugly, overly complicated Model X.