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Tesla's newest worry is a $54 a month BMW

Posted On: May 16, 2018   |   Posted By: Business Insider

Tesla's newest worry is a $54 a month BMW

Reuters/Kim Kyung Hoon
Tesla's worries are piling up.
It burned $1.1 billion of cash last quarter.
The Model 3, its vehicle for the masses, has been plagued by production issues.
Executives are leaving the electric-car maker in droves.
Now it must compete with a $54 a month BMW.
As if things weren't bad enough for beleaguered Tesla...
The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it's facing production issues with its Model 3 and, as I recently discussed , Elon Musk insulted analysts on the latest earnings call by dismissing their questions - regarding the company's survival - as “boring” and “boneheaded,” (just after shareholders approved his obscenely large pay package). See the rest of the story at Business Insider NOW WATCH: A Nobel Prize-winning economist explains what Milton Friedman got wrong See Also: How to dress your best in any work environment, from a casual office to the boardroom The 13 most useful features in iOS 11 Tesla's latest...

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