Tesla has about 1 billion dollar remaining in cash, which $450 million of it consist of unsecured refundable deposits. I've heard that so far 23% have asked Tesla to refund their deposits. It is reasonable to assume that more potential buyers will ask for their deposits because they eventually will figure out that there will never be a $35,000 Model S. And even if it does happen, by then Tesla has hit the 200,000 cars sold mark, so the $7,500 federal tax credit would not be available anymore. Elon is a baby in the car manufacturing business, and he is so stupid. He is going against GM, Ford, Toyota, Honda, Nissan, Jaguar, Mercedes, Volkswagen and other car manufacturers with deep deep pockets. He started this war by selling electrical cars below cost against so many other car manufacturers that have been in business for over one hundred years with deep deep deep pockets. Can you be more stupid than that? He is the dumbest person I know. He would need to raise cash in near future while Moody's recently downgraded Tesla's debt rating further into junk. Which financial institution with a sound mind would lend to Tesla? There is no more Tesla junk bonds to short. Tesla will be bankrupt soon. Would you lent money to Tesla considering all the junk bonds are short? I wouldn't. Neither would Chase, Morgan Stanley, Goldman Sachs, Wells Fargo or Citi. He is such a good actor, manipulator and deceptive. It is so easy to realize that now he is committing even more fraud and deceptions. I will do my best to put him behind bars along with his fraudulent CFO. I've seen several Teslas financial statements filed with the SEC. It is so easy to see the accounting frauds. I'm surprised that the SEC and the government agency responsible for governing accounting practices have not disciplined him yet. They will. Elon can fool a lot of people, but he can't fool us. Thanks. I would appreciate your feed back.
