Telsa Motors; Is Telsa Motors a Ponzi Scheme? Barack Obama's centralized socialist government has been funding Telsa Motors but they loose almost $20,000 on every car sold, sounds like a cash ponzi scheme? Telsa Motors has no cash to build their cars so they show a new model, collect deposits in cash and then hope they can build the cars, sound like a ponzi scheme? Telsa Motors picked up $300 million in cash deposits on Model 3 in just a few dozen hours, it keeps the lights on, sound like a ponzi scheme?
The other Barack Obama Hillary Clinton socialist supported Car Company General Motors GM has about $6.5 Billion in working capital, they can build a couple of cars, although their electric car failed worldwide. At the same time, Ford Motor has $126 Billion in cash, not supported by the Obama centralized government.
As Telsa Motors plays the socialist car game, like Adolf Hitler, in 2015 Telsa lost $19,810 on every car sold and maintained bankrupt levels of cash on hand. On paper, Telsa had no cash or working capital at the years end, bankrupt.
Telsa Motors takes the pre-order cash deposits and keeps the doors open, even though the Wall Street Journal expected them to fail. You don't need a five thousand dollar deposit today just a thousand bucks to buy their new car. A good sign the company is failing at all levels. With the big orders (pre-orders) Telsa Motors has some cash, but doesn't have any electric cars to delivery, just yet.
Sound like a ponzi scheme to you?
Maybe just another socialist brain storm, electric brain storm.
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