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The day Tesla makes a profit over a period of several years and payed their debts down to a level that is withing the healthy range.
For a rapidly growing company, profit over several years without exception is very unusual.
As for the debt point, at what level would you consider “Healthy”? And how would you measure it?
Tesla is not a startup anymore and not growing healthy. Speed is not a quality when it comes at the cost of sustainability or is even threatening sheer existence of an entity. This is universal law, not even restricted to business.
There are well know term for the concept of borrowing money under false pretenses and
even more so to raise new money to plug older holes.
As to healthy level of debts, that is a level of debts that can be payed back and interests can be paid in time, not from new debts but from profits.
The moment the interest rate is starting to eat a debtor up the non-healthy range is certainly reached and this includes a certain range of future interest rates.
As to the precise definition, should you be interested, google is your friend, this thread and forum is not made to post dozens of pages on the mater to explain and proof what's wrong with how Tesla is managed.
Just remember me and others when the day has come. Once the illusionists recognized that all is lost, they will turn against Musk the same way they hype him now.
I predict that the man will soon face dire consequences once his card-house has collapsed.
Even though one can respect him to make it thus far and raise such an enterprise from almost nothing, the fact that there no stable business model in sight that will be able to pay his investors, not even talking about a regular dividend etc. that long this is a ponzi scheme that one day will be named exactly that.
Until that day has come, people will be split between conservative views of business conduct and
admiration to bring something up this way.
FWIW, if you only start looking up the age = level of experience of bulls and bears, you'll have your answer, except in case that you deny that experience is almost not replaceable.
There is a saying concerning ICEs, that cylinder volume at the end of the day cannot be replaced by any means, there will always be downsides for "enthusiasts"
The same applies to how humans look at things. Our views are either ego-based or experience based or a mix of both.
I hope that this does not come across offensive and i don't try to take away from Elon his merrits.
Only thing i'm saying is that it won't work THIS WAY and many will loose their pension and
that someone who has to play a show to get his way is not a genius but a scamster if anything.
