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Originally Posted by zamler
A history lesson, hopefully some of you will learn from this (posts from 2016)
Not picking on peter12 his posts are well thought out but also good example of short term thinking. Tesla now has the highest margins of any auto maker and we all know what the stock has done since then.
Going back to 2015-2016 there are a bunch of posts along the same lines, Tesla can't make money, can't survive without credits, GM sells millions of cars/year Tesla is barely a blip. The same thing is happening again, Tesla will never solve FSD it costs too much rabid fanboys etc. etc.
Will the skeptics learn anything?
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In fairness to the "skeptics" and maybe so you tone down this "told you so" nonsense that I imagine everyone finds irritating, even Elon recognized it was close.
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On Tuesday, Tesla CEO Elon Musk tweeted that his electric car company had been about a month away from bankruptcy in recent years when it was still figuring out how to mass produce the Model 3 electric sedan.
In the middle of a discussion about Tesla’s fundraising history, a follower asked, “How close was Tesla from bankruptcy when bringing the Model 3 to mass production?”
Musk replied: “Closest we got was about a month. The Model 3 ramp was extreme stress & pain for a long time — from mid-2017 to mid-2019. Production & logistics hell.”
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https://www.cnbc.com/2020/11/03/musk...el-3-ramp.html
So maybe tone it down a bit? Either outcome could have been reality.