Arrivederci, Tesla -- A New Crop Of E-Car Makers Swerves Into View [Forbes]
Tesla, Inc. (TSLA)
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Source: Forbes
Arrivederci, Tesla -- A New Crop Of E-Car Makers Swerves Into View Tesla This time, it’s because the electric car/solar power/save-the-planet company is beginning to be valued like an automaker. The transformation began last week. That’s when Elon Musk announced Tesla CEO Elon Musk jokingly motions to kick before introducing the Model Y at Tesla's design studio Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, Calif., company. (AP Photo/Jae C. Hong) ASSOCIATED PRESS This was supposed to be an epic milestone in the quest to bring electric cars and new-age swagger to the masses. Instead, it spells trouble for Tesla. This also marks the beginning of a new component ecosystem. I own no Tesla shares. I’m not short. Since its flashy IPO nine years ago, I’ve watched the circus from the safety of the sidelines.
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- Tesla's Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock plummets on its cash-sucking AI plans [Yahoo! Finance]Yahoo! Finance
- Tesla Is A Car Company That Continues To Appear As Something Else [Seeking Alpha]Seeking Alpha
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