https://www.cnbc.com/2018/03/28/this-is-a-critical-time-for-tesla-says-moodys-analyst-who-caused-its-bonds-and-stock-to-drop.html
https://www.marketwatch.com/story/tesla-is-just-months-away-from-a-total-collapse-says-hedge-fund-manager-2018-03-27
https://www.forbes.com/sites/alanohnsman/2018/02/07/after-stellar-rocket-launch-teslas-675-million-loss-pulls-upbeat-musk-back-to-earth/#5c62d1e761ba
Moody's has downgraded Tesla because Tesla is facing serious cashflow problems. It is a common knowledge that negative cashflow will crumble a company and Tesla will not escape from this doomsday scenario.
Tesla is losing about $700m per quarter now and only has enough money to last another quarter. Tesla electric car sales are also not doing well. With limited sales and a money-burning project, this company is doomed.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment