I know there's still some of you out there who don't believe me...

...so I'll keep posting every bit of negative news concerning Tesla until they fail.

source: LA Times

Tesla shares sink, extending months-long slide, after 4th-quarter loss

Tesla may be the "Hot Car" right now, but give it time.  It's destined to join the ranks of forgotten names like Daewoo, Daihatsu, and Yugo.  Why? Because the Tesla is an overpriced piece of shit.  Disagree with me?  Do it while you still can, but  you'll look pretty foolish once they go bankrupt.  


Tesla Motor’s big fourth-quarter loss and an announcement that it will be investing double what investors expected in factory and product development are a sober reminder of how hard it is to build a new auto company.
It's even harder to build one that only produces electric cars, facing steep challenges in improving battery technology and bringing down costs.
Tesla Motor’s big fourth-quarter loss and an announcement that it will be investing double what investors expected in factory and product development are a sober reminder of how hard it is to build a new auto company.
It's even harder to build one that only produces electric cars, facing steep challenges in improving battery technology and bringing down costs.
Read more.  You don't really have to.  It pretty much says that this crappy scam of a company isn't living up to expectations.  

3 comments:

  1. Gee, what half way intelligent person didn't see that coming?

    ReplyDelete
    Replies
    1. Judging by the price of Tesla's stock, there are a bunch of people too stupid to understand that electric cars will never be practical on a large scale. I have written many posts on why the Tesla is doomed to fail, but this one is my favorite:

      http://goldengeesenews.blogspot.com/2013/11/you-hear-that-thats-sound-of-million.html

      Delete
    2. I remember that article from a while back. I just reread it. Very insightful.

      Delete