Car / Business / Tesla / Elon Musk / Financing / Investment / Debt / Electrical Vehicles / EV / Soveriegn Man / TSLA

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...

Continue reading ...

 






The last Posts from Business Insider



Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

Aviation Experts Have Predicted Automation Will Lead to Disasters Like the...

Aviation Experts Have Predicted Automation Will Lead to Disasters Like the Boeing Max Crashes for 15 Years

The two tragic crashes of Boeing's best-selling 737 Max planes increasingly look to be caused in part by a malfunctioning automated system -and the pilots' lack of training... Read more ...

Travel & Tourism adds more to the economy of South Africa compared to other...

Travel & Tourism adds more to the economy of South Africa compared to other countries in Africa

In 2018, South Africa's travel & tourism sector contributed 1.5 million jobs and ZAR425.8 billion into the economy, turning out to be Africa's largest tourism economy... Read more ...

In 2018, South Africa tops as the largest travel & tourism economy of Africa

In 2018, South Africa tops as the largest travel & tourism economy of Africa

South Africa's Travel & Tourism sector contributed more than 1.5 million jobs and ZAR425.8 billion to the economy last year, making it Africa's largest tourism economy... Read more ...

ATEC: Welcome news as WA invests in international tourism marketing

ATEC: Welcome news as WA invests in international tourism marketing

ATEC has today welcomed the West Australian Government's announcement of an additional $9m investment of new marketing money to boost international visitation to the... Read more ...

The 10 Best Deals of March 19, 2019

The 10 Best Deals of March 19, 2019

We see a lot of deals around the web over on Kinja Deals , but these were our ten favorites today. Read more ...

Porsche 911 GT2 RS Going Back Into Production After Cargo Ship Sinks With...

Porsche 911 GT2 RS Going Back Into Production After Cargo Ship Sinks With Customer Cars

The Italian container ship “Grande America” sank off the French Atlantic Coast last week after a fire broke out. All 27 crew members were able to evacuate before it sank, but... Read more ...

China Considers Excluding Boeing 737 Max From Trade Deal

China Considers Excluding Boeing 737 Max From Trade Deal

China is looking at excluding Boeing Co.'s troubled 737 Max jet from a list of American exports it would buy as part of a trade deal with the U.S., people familiar with the... Read more ...

Chinese Electric Buses Are Making a Much Bigger Impact on Oil Demand Than...

Chinese Electric Buses Are Making a Much Bigger Impact on Oil Demand Than All Those Teslas

The next time some Tesla bro corners you in the locker room at the gym, dripping and wearing only a towel while he explains to you, finger jabbing into your sternum, that he's... Read more ...

The 'Millennial-Inspired' NASCAR Race Car Needs Suggestions

The 'Millennial-Inspired' NASCAR Race Car Needs Suggestions

In November, I received a PR email with “ Basic” in the subject and an opening line that began with, “We have some V lit news.” Having been hit so hard with “ How do you do... Read more ...

Best Events in Europe in April

Best Events in Europe in April

April is a fascinating time to travel in Europe, especially if you're a fan of traditional festivals. As spring and Easter approach, you can expect a slew of religious... Read more ...