Based on the information that I've read, I don't think the driver could have done anything to prevent the accident. It just happened fast, while the driver was going fast. I guess the auto pilot got confused with the lane merger. I just informed the engineer's family not to settle less than 50 million dollars. I wouldn't not. He was a young guy having a high paying and respectful job. We lost an Apple engineer. That is so sad. I feel sorry for his family. Money will never replace this human being. We lost a human being.
Can someone answer how Tesla will come up with the money to pay off its 1.3 billion dollar in debts that are coming due in Nov and Mar of 2019?
As I indicated, I've read several articles that no Wall Street firm would be willing to lend Tesla any money because of three reasons:
1) They find Tesla financial condition to be too risky
2) Their reputations
3) Possible legal consequences
If you don't believe me, just research it.
I have nothing against Tesla. I'm a trader and investor. I look at from a business point of view, and I've been wrong many times before just like any other traders and investors.
I just believe that Tesla at $358 is not a good risk. Their solar business has gone done substantially. And you can research that too.
I've not test driven a Tesla. I'm going to schedule a test drive for Model S soon. But, I've looked at the leg room for both Model S and Model 3. The leg room is small. So even if I liked the test drive, which I think I would, I still wouldn't end up buying either one. I am only 5'10, however my body is developed, specially my upper body. I've worked out for the past 20 years.
I also think that Tesla has made a crucial mistake. Why not make their Model X and Model S profitable before jumping into Model 3. Tesla seems to always be in a rush, and that isn't a good thing. Their business plan is very bad. I hope everything will be fine. Again, I have nothing against Tesla or Elon Musk. But, I'm a reasonable guy. I can tell that Elon has so many times made material false promises. I wouldn't do the same thing, neither would majority of publicly traded companies CEOs. It's illegal and it can get your company in trouble. You have got to be very careful what you say when You're the CEO of a publicly traded company. You have to be ethical, and you have a fiduciary duty to be impartial, fair and honest.
My friends, I like to inform you guys about a fact in my life. I'm an optimistic person which I thank god for it. However, I've learned in life that being only positive doesn't work. You need to be both positive and realistic. This is an extremely valuable lesson that I learned in my life. But at the same time, If I ever get diagnosed with a terminal cancer in my life, I would be positive that I would beat it even though no other human has ever done it, because in reality, we humans do have the power to beat terminal cancers. God bless. Thanks.
