Both production and deliveries declined during the first quarter alongside a substantial cash burn. The most recent capital raise will buy the company some time, but they must get their costs under control sooner rather than later if they don't want to rely on the capital markets indefinitely. Eulogy made by Maximilian Dorn Source
Tesla will be acquired within a year, says the NYU professor who predicted Amazon's takeover of Whole Foods - Business Insider | $188.17
In March, the NYU professor Scott Galloway made a bold prediction at South by Southwest: This will be the year that Tesla begins to unravel. Two months later, his claim is starting to look like it could come true. Shares of Elon Musk's electric-car maker have plunged more than 35% to trade below $200 , as Wall Street analysts worry that underlying demand for the vehicles may have disappeared. Eulogy made by Graham Rapier Source