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Originally Posted by incoming
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I'm certainly no fan of Elon Musk lying to investors, but Bop Lutz was at GM when they filed bankruptcy and accepted BILLIONS of dollars from the US government. When the US govt. finally sold the GM shares that they held, we, the taxpayers lost another $11.2 Billion. Bob Lutz retired the next year and is hardly a shining example of how to run an auto company.
He could be correct about Tesla not surviving past 2019, we'll have to wait and see. Having invested in both Ford and Tesla in the past, I now only own VW from the auto sector.