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Showing posts from May, 2019

Tesla Could Fall To $35 - Seeking Alpha | $186.86

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

Tesla Has 10 Months Of Cash To Burn Before Dying Out - CarBuzz | $211.03

And that ten-month estimate assumes Tesla will continue to burn cash at the rate it was during its first quarter, which may be tough to do considering the automaker has the cost of designing, engineering, and producing the upcoming Model Y crossover to factor in - without even mentioning the "production hell” Tesla went through to get the Model 3 on the road. Eulogy made by Gabe Beita Kiser Source