Tesla is just months from a total collapse, says hedge-fund manager

Tesla is just months from a total collapse, says hedge-fund manager

Unless Elon Musk “pulls a rabbit out of his hat,” Tesla will be bankrupt within four months, says John Thompson of Vilas Capital Management. “Companies eventually have to make a profit, and I don’t ever see that happening here,” he told MarketWatch. “

This is one of the worst income statements I’ve ever seen and between the story and the financials, the financials will win out in this case.”

Source: marketwatch.com