Tesla "joke"

Hundreds of thousands of people still wait for their Tesla Model 3, the mass market car introduced last year. Model 3's were supposed to be rolling out at 5,000 per week by now, but reality is closer to 1000/week, with a promise to get up to 2500 soon.

Around a billion dollars in loans will come due in twelve months. Moody's rates Tesla for how worthy the company is of more investment.  Their assessment? Tesla is "very high credit risk, poor standing."

The bad financial news came last week, along with more bad news: a Tesla driver was killed in a crash while the car was on autopilot.

photo: The Washington Post

So with all the bad news, Elon Musk put out a joking tweet this weekend:

"Tesla Goes Bankrupt

Palo Alto, California, April 1, 2018 -- Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can't believe it."

(cont'd tomorrow)