Forum Discussion
3_tons
Nov 03, 2017Explorer III
free radical wrote:3 tons wrote:MEXICOWANDERER wrote:
RUUUUUUDE Shock coming for electric vehicles. Count on it.
Agreed... With the BIG Guy manufacturers with waaay Deep pockets about to delve into the EV market and go head to head with Musk, it will be interesting to see who’s left standing after the shakeout..Unfortunately, it seems that each and every one of Musk business models relies heavily on govt subsidies - Ultimately it’ll be the Consumers who’ll pick the winners, JMO
My money is on Tesla,,
Its the only company with Supercharger Network all over the country ,and other parts of the world,,
free for most of their high priced models..
What do other companies have?
Answer: Profitable business models....
According to a report today (Nov 02) Tesla has had its worst quarter ever, losing 15.5 MILLON Dollars per day, burning through 1.4 Billion in cash this quarter...And the newest tax proposal will eliminate the $7,500 fed credit buyer subsidy paid for by other taxpayers....
Check your bets....
If Musk cant get past this they’ll soon go the way of Fisker...
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