29 MAR

Tesla is losing money while everyone else is making it — and the future looks ominous (TSLA)

Tesla’s high-yield debt is losing value and putting pressure on positive sentiment about the company.
Tesla is also struggling to ramp up production of its Model 3.
The stock has been getting hammered ahead of Q1 delivery announcements and earnings.

There’s a famous passage from Ernest Hemingway’s novel “The Sun Also Rises,” in which two characters discuss financial ruin.

“How did you go bankrupt?” one asks.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.