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To: bananaman22

Tesla would be in bankruptcy court without Musk. Elon Musk became a multi billionaire thanks to his Tesla stock holdings. He no doubt has a private wealth manager. Over the years that manager did his due diligence and diversified his holdings into cash, other equities, bonds and other assets. Tesla has been burning cash, has huge debts, questionable demand for its products and teeters on insolvency. If it seeks bankruptcy protection, stock will go to near 0 within minutes of the filing. What reputable, rational lender answerable to his own board, would lend Tesla more funds? IMHO it is Elon Musk who continues to fund Tesla and prop up the stock with various holding companies he controls. Without him, bankruptcy quickly follows. The only real question is how long will this show continue?


12 posted on 08/28/2018 4:36:00 PM PDT by allendale (.)
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Tesla is not going to survive

Just wait til BMW, Mercedes, Honda + Toyota start cranking out their electric cars = GAME OVER

13 posted on 08/28/2018 4:40:04 PM PDT by KavMan
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