This is the end of the empire of Ilona Mask

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The famous Tesla, one of the most popular projects of Elon Mask, was one step away from complete ruin. The production of the Model 3 electric car, which Musk promised to release in early 2018, failed, and numerous investors in various parts of the world are already in a hurry to get rid of the company's shares.





Startup Ilona Mask, who set himself the goal of mass production of “cars of the future”, primarily electric cars of various classes, at one time attracted multibillion investments. The entrepreneur managed to conduct a competent PR campaign, as a result of which Tesla gained worldwide fame and aroused the interest of both investors and the American authorities. But now, it seems, the "finest hour" of Elon Musk, stretched over the years, has remained in the past.

In fact, there was no doubt that Tesla would sooner or later find himself in a difficult situation. Despite its public relations, its products remained in the amateur segment. Tesla Roadster, Tesla Model S, Tesla Model X - all these projects were unprofitable, the company invested in their production, but did not make a profit. Nevertheless, Tesla shares rose in price, and Elon Musk also grew rich. A year ago, the company was able to overtake the market value of titans of the American auto industry - Ford and General Motors.

The success of the company, Ilona Mask, was largely due to the benevolent attitude to the startup from the American authorities. Former US President Barack Obama created the most favored nation treatment for Tesla. Obama has supported the allocation of $ 5 billion in aid to Tesla. But the change of power in the United States immediately affected the position of the company. Donald Trump, a conservative man, did not hide his skepticism about electric vehicles and made it clear that under his leadership, Ilon Mask should not count on such volumes of state funding.

The upcoming troubles became known at the end of 2017, when instead of the promised 20 thousand Model 3 cars, only 360 electric vehicles were produced. But Elon Musk did not lose his optimistic mood and claimed that by March 2018 the situation would improve and every week Tesla will start producing 3-5 thousand units of Model 3 per week. March ends, but the brainchild of Ilona Mask cannot even dream of such volumes of production. The entrepreneur himself is trying to justify himself, referring to the technical difficulties encountered in the production of modular batteries. But the shareholders of the company from this is not easier.

A year ago, experts argued that the company's value was greatly inflated - Tesla could not cost $ 50 billion, a maximum of several billion and that’s all. In fact, Elon Musk created a bubble that sooner or later had to burst. Solving the problems the company is facing now, and this - paying off debts and financing capital expenditures - will require at least $ 8 billion from Tesla, but the company has no money. Since serious investors have long been aware of Tesla's problems, it is unlikely that Elon Mask will be able to attract financing. Some experts have already called the approximate date of the ruin of the company - Tesla has three or four months left, no more.
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  1. +1
    29 March 2018 13: 14
    It is impossible to compete with them. At one time, 1,5 billion was shipped by Chrysler, so the problem was how to return the money to the treasury. Quote from LEE Iacocca: "Reagan laughed to tears, slapping himself on his knees, and still could not believe it. In other words, the government does not seem to have receipts, but only expenditures. Reagan continued to laugh, and I decided to hold the check Subsequently, I received another 10 million on it, which came over a month in the form of interest. " Musk took a little more. I don't think at all that there are fewer masks than there are yacocs.
  2. +1
    30 March 2018 10: 43
    Scrolling the loot is not just an Amer’s story.
    And the stars light up when someone needs it.
    And go out when someone needs it.
  3. 0
    April 3 2018 03: 33
    I do not know. Our Prokhorov on Yo-mine did not go broke and feels rather well ... Americans are weak in comparison with Russian billionaires. It needs skill and efficiency ... lol feel
  4. 0
    April 3 2018 11: 19
    To queue more than 380 thousand hungry people to ride on electricity, lining them in line FOR YEARS, feeding fast fulfillment of their dreams, take an advance payment, turn loot on their accounts, build production departments on borrowed money, working without profit, without paying taxes on this matter. .... Poor gullible illiterate American people.