It was a regular review call with investors for Elon Musk earlier this month. Musk goes all guns blazing with them and Tesla stock pays for it. A loss of US$ 2 Billion in share value in a day. Why are Elon and his investors at loggerheads?
As per Bloomberg, “Tesla ended 2017 with $3.4 billion in cash on hand and $9.4 billion in outstanding debt, a testament to Musk’s borrowing prowess”. The Flagship & most expensive Model S accounts for more than half the total Company revenue last year. And this year the model 3 becomes the Best Selling electric car in the US. Now that’s one Extreme Product Portfolio Shift!
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“Pardesi Pardesi Jaana Nahin” – is the song which conjured in my mind when I heard last year that Peugeot is all set for its nth Re-entry Entry in the India Car Market.
Peugeot is the Mega French Auto Brand owned by the Group PSA which also owns Citroen, DS Automobiles and now of course Vauxhall, Opel, and the erstwhile GM Jewels!
Undoubtedly Peugeot makes some of the finest cars on the Planet. Great machines, outstanding French design and Cockpit Style interiors!
2 U-Turns and a Re-Entry Continue reading “Peugeot India – No More U-Turns Please !”