Thursday, February 4, 2016

BobLutzOct08.jpg
Bob Lutz turns 85 in a few days.  He has served BMW, Chrysler, Ford and GM in leadership capacities.  This morning on CNBmute he came out and said it:  "Tesla is doomed."  We agree.  As soon as new capital goes over to The Next Big Thing and sales don't fulfill expectations (Hollywood stars and NFL players can only buy so many cars) reality will set in.
And then there is this signal from the front page of yesterday's Las Vegas Sun:

Tesla factory investment, hiring lag state projections

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