Former GM Vice Chair Trashes Tesla: "Musk Is A Great Salesman But They're Doomed. It's Going To Fail"

Zero Hedge



For those who may have missed it, GM's former Vice Chairman Bob Lutz dropped a whole lot of reality on some unsuspecting Tesla cheerleaders on CNBC this morning.  A rather blunt Lutz shared his views, as have we on several occasions, that Tesla's constant cash burn combined with a barrage of competitive models that are about to hit the market likely indicate that the company is "doomed."  As for Tesla's gravity-defying stock price, Lutz attributed the company's soaring market cap solely to Musk being the "greatest salesman in the world" along with his being "aided and abetted by some analysts."



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