Loading ...“Tesla, Without Any Doubt, Is On The Verge Of Bankruptcy…”
As a reality check, Tesla is worth twice as much as Ford* yet Ford made 6 million cars last year at a $7.6 billion profit while Tesla made 100,000 cars at a $2 billion loss.
Further, Ford has $12 billion in cash held for “a rainy day” while Tesla will likely run out of money in the next 3 months.
. . . I have never seen anything so absurd in my career.
https://www.zerohedge.com/news/2018-03-26/tesla-without-any-doubt-verge-bankruptcy
So that is FB and TSLA facing ruin…..this mkt is on it’s last legs.