One number explains why the Tesla Semi won’t be seen any time soon

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Published by iTrucker at 04 Jun

One number explains why the Tesla Semi won’t be seen any time soon

“Tesla (NASDAQ: TSLA) is simply not investing enough cash back into its business in the form of capital expenditures to construct the production lines and build out the service infrastructure necessary for the large-scale manufacturing of commercial vehicles.” – According to article in freightwaves.com and its author John Paul Hampstead

Hampstead also wrote – “The Palo Alto-based automaker has a history of over-promising and under-delivering on new vehicle deliveries, production schedules, technology and profitability targets.”

Read full story HERE

Source and credits : freightwaves.comJohn Paul Hampstead, Associate Editor

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