Things are simultaneously going really good and really bad for the car maker. The stock has dropped over 25% in the past month, their chief accounting officer resigned today after only 1 month on the job, and Elon Musk is having all sorts of controversies right now including the weird way he tried to take the company private.
At the same time, production on their new car is improving and it's selling great. Also they're working on a new Roadster and an electric shipping truck.
So how do you predict the future of Tesla will go?
I think they have already been too successful to die. Worst case scenario would be they go bankrupt and get absorbed into another company. I think the likely scenario is that they stay afloat by the skin of their teeth and get through this period, as long as the economy as a whole doesn't go down.
At the same time, production on their new car is improving and it's selling great. Also they're working on a new Roadster and an electric shipping truck.
So how do you predict the future of Tesla will go?
I think they have already been too successful to die. Worst case scenario would be they go bankrupt and get absorbed into another company. I think the likely scenario is that they stay afloat by the skin of their teeth and get through this period, as long as the economy as a whole doesn't go down.