Re: TSLA corporate outlook
Posted: Sun Feb 10, 2019 12:12 pm
No OEM automotive company selling vehicles in the U.S. has > 200K reservations (per Elon Musk) as does Tesla for the M3 andpalmermd wrote:I've been driving past my local Chevrolet dealership for years, and the lot is always completely full. It must be because they are not selling any cars. Otherwise the lot would be empty by now. I have no idea how they are still in business.
has excess inventory! Furthermore, none of those OEMs is borderline profitable with cash flow problems.