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Ann: Trading Halt, page-19

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  1. 306 Posts.
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    Unless I’m horribly out of date the biggest issue TESLA face is they still don’t generate a profit but rely very heavily on government subsidies. Last year there was also a lot of press regarding production delays with their cars, then later in the year, there was more press surrounding TESLA employees being sacked…
    http://fortune.com/2017/10/18/tesla-firings-performance-cost-cutting/
    Whatever the true situation is, based on this reader’s comment in the Reneweconomy article yesterday, TESLA is experiencing problems…
    “I like Tesla and own one of their cars but this is very disappointing news added to the massive delays... can't get a Powerwall and have no deadlines from Tesla. Other manufacturers are quite hopeless especially Enphase with low power and energy density. No good options right now
    If REDFLOW can get their execution right this time there promises to be a good future for the company.
 
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