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Strategies & Market Trends : John Pitera's Market Laboratory
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To: elmatador who wrote (21228)8/21/2018 9:29:21 PM
From: robert b furman1 Recommendation

Recommended By
roguedolphin

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HI el,

I think you are exactly on the money!

There is no special expertise to hand build innovative electric cars at a loss.

Elon's greatest error is he chose a low margin business in which to prove his exceptional intelligence and attract bright minds.

Sadly the ending epitaph will read "It wasn't SPACEX".

Too confident and willing to accept high risk because he was unbeatable.

TESLA will go broke,but it will pull a huge price in bankruptcy for several reasons.

One will be for the innovative patents and advancements made in electric cars.

The second and perhaps what brings in multiple bidders (and they all have big money) is they will be buying a manufacturer in the USA that does not have a franchised dealer body to share margins with.

Think GM and they write a letter to al of the Cadillac dealers about how they are shutting down the unprofitable division and will write you a check that is 1/10th the cost of the dealers brick and mortar.

Go 5 years with out a new model and blame it on slow sales.

The come out with a factory owned new dynamic models at great prices i.e. Saturn.

Saturns featured the next Chevrolet version of a cavalier with a new franchise logo.

They were introduced the first year so cheap that used vehicles sold for more than the new sticker prices did!

There's going to be a long line wanting to pick TESLA's bones -it will be of great value in bankruptcy!

jmho

Bob
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