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Bob Lutz: Tesla Is Doomed And Here Is Why

Asked about whether Tesla will fade or be absorbed he answered: Who would want it?

Bob Lutz (source: MotoManTV)

Mark Kane Mark Kane

By: Mark Kane

May 10, 2020 at 9:18am ET

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Bob Lutz recently was a guest of the MotoMan Studio in an interesting episode about the automotive industry (mostly the established carmakers and their future). Only a small part of the talk (from 45:00) was about Tesla, but it was "a hell of a ride".

First of all, Bob Lutz, a former top leader of Ford, Chrysler and GM, is very skeptical and sometimes also derisive about Tesla. He's been this way for years.

Lutz's general conclusion is that Tesla is doomed, and it might happen sooner rather than later. But if Tesla is poised to fail, what will be its future? Bankruptcy or acquisition (by some other carmaker)? Bob Lutz answers "Who would want it?". Is Bob Lutz entitled to say things like that about Tesla?

See also

Tesla Sales Surpass 1 Million Electric Cars Globally

Elon Musk: Tesla Will Move Its HQ And Future Programs To Texas/Nevada

Bob Lutz Says Tesla’s Stock Valuation Is 'Almost Mass Psychosis'

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In Lutz's opinion, there are many problems with Tesla, including:

Well... that is a strong, pessimistic voice. Hopefully, Tesla will survive in a good shape, improving its weaker points (as some are real), as the times ahead are very challenging.

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