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View Poll Results: What Car Company Will Go Bankrupt Next?
Ford 1 1.64%
GM 8 13.11%
FCA 16 26.23%
VW Group 3 4.92%
Daimler 2 3.28%
BMW 1 1.64%
Tesla 21 34.43%
Honda 0 0%
Nissan Alliance 2 3.28%
Toyota 1 1.64%
Mazda 1 1.64%
Volvo / Geely 5 8.20%
Voters: 61. You may not vote on this poll

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Old 01-31-2019, 10:36 AM
 
432 posts, read 123,378 times
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1/2 a year ago I polled this, and the top 2 results were Tesla and FiatChrysler.

What Car Company Will Go Bankrupt Next?

Now Tesla has posted two very healthy profitable quarters in a row, great growth and paying off debt, risk has been significantly reduced. Profitability moving forward looks quite likely for the next 5 years or so.

Meanwhile, Ford lost money last quarter and has year over year decreasing revenue.

Has much else changed in the landscape? Anyone changing their minds on the inevitability of electric transport revolution?
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Old 01-31-2019, 11:08 AM
 
Location: Lee County, NC
2,170 posts, read 689,485 times
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I'll have to think about this one, I voted for Tesla in the last poll, but they have shown some significant improvement.
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Old 01-31-2019, 12:29 PM
 
5,103 posts, read 2,743,062 times
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Tesla = the next Tucker
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Old 01-31-2019, 12:37 PM
 
Location: MN
3,179 posts, read 2,948,794 times
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Once all the major players are in the EV world very soon, Tesla will struggle to compete. I bet they'll get bought up.
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Old 01-31-2019, 12:50 PM
 
432 posts, read 123,378 times
Reputation: 269
Quote:
Originally Posted by SWFL_Native View Post
Tesla = the next Tucker


One produced 51 cars and the other is producing at a rate over 300,000 per year, profitable, and growing rapidly.

But yeah otherwise, they are the same.
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Old 01-31-2019, 12:53 PM
 
432 posts, read 123,378 times
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Quote:
Originally Posted by wamer27 View Post
Once all the major players are in the EV world very soon, Tesla will struggle to compete. I bet they'll get bought up.
Why would they struggle to compete?
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Old 01-31-2019, 12:55 PM
 
432 posts, read 123,378 times
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Meanwhile, GM has a lot of debt tied to asset value of car leases. Very risky if those values start dropping.
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Old 01-31-2019, 02:03 PM
 
Location: Metro Detroit Michigan
4,280 posts, read 1,291,041 times
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Quote:
Originally Posted by ZeApelido View Post

Meanwhile, GM has a lot of debt tied to asset value of car leases. Very risky if those values start dropping.
GM and Fca both made profit last year in fact China is opening a new assembly plant.

https://www.cbsnews.com/news/fiat-ch...ed-in-detroit/
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Old 01-31-2019, 02:54 PM
 
Location: MN
3,179 posts, read 2,948,794 times
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Quote:
Originally Posted by ZeApelido View Post
Why would they struggle to compete?
I hope they don’t, but when someone can easily go to local dealer to get work done when needed or buy one. That and they’ll be more of a selection to choose from. Porsche has already doubled it production of its new EV. The big players can adapt and have the network already in place. We have one Tesla store in twin cities that I randomly found or know about. I’d guess 1% of people even know about it. They are selling many vehicles here though.
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Old 01-31-2019, 03:51 PM
 
Location: Podunk, IA
3,992 posts, read 1,803,981 times
Reputation: 4272
Tesla, easily...

The Model 3 cream has all been skimmed.
Their high end products are becoming stale.
They're running out of tax credits.
The competition is coming and they have a lot of tax credits.
They're making huge amounts of unreliable product that they have to fix for free.
A whole bunch of debt is coming due.
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