A long time ago, Tesla was almost out of money and about to fail. But another car company called Daimler gave them $50 million to help them survive. Now, there is a new electric car company called Lucid that also got a lot of money from Saudi Arabia, but they are not doing very well. Elon Musk, the boss of Tesla, thinks Lucid might go bankrupt too because they spend too much money. He also said that the person who leads Lucid used to work for Tesla, but he left before making any real cars. Read from source...
1. The title is misleading and clickbaity, as it suggests that Saudis were not involved in Tesla's rescue in 2009, while the article itself mentions Daimler as the main savior with a $50M investment. A more accurate title would be "Daimler Saved Tesla From Bankruptcy In 2009 With Crucial $50M Investment".
2. The article is biased towards Lucid and against Musk, as it uses derogatory terms like "rival EV maker" and quotes Musk's allegations without providing any evidence or context to support them. A more balanced approach would be to include both sides of the story and present facts rather than opinions.
3. The article is irrational in its comparison of Lucid and Tesla, as it mentions Lucid's financial troubles and potential bankruptcy in 2022, while ignoring Tesla's similar challenges in the past and current success. A more fair comparison would be to look at both companies' performance over time and their future prospects, rather than focusing on short-term issues.
4. The article is emotional in its tone and language, as it uses words like "old bones", "disputed", "criticized", "warned", and "alleged" to convey a negative impression of Musk and Tesla, while praising Lucid and its backers. A more objective tone would be to use neutral terms that reflect the facts rather than the feelings of the author.
Given that the article is about Tesla's near-bankruptcy experience and its rescue by Daimler in 2009 with a $50 million investment, I will provide you with some insights on how to approach this topic from an investment perspective. Here are my recommendations:
1. Analyze the current market position and financial performance of Tesla and its competitors, such as Lucid Group and Rivian. This will help you understand their strengths and weaknesses, as well as their potential growth opportunities and threats in the EV market. You can use various sources of information, such as annual reports, quarterly earnings statements, analyst ratings, and industry trends.
2. Compare the valuations and prospects of Tesla and its competitors, taking into account factors like revenue growth, profitability, cash flow, debt levels, and innovation. This will help you determine which companies are overvalued or undervalued in relation to their peers and the overall market. You can use tools like price-to-earnings (P/E) ratios, price-to-sales (P/S) ratios, and enterprise value-to-revenue (EV/R) ratios to compare different companies across industries and sectors.
3. Evaluate the risks associated with investing in Tesla and its competitors, such as regulatory changes, technological shifts, market competition, supply chain disruptions, and geopolitical issues. This will help you assess the likelihood of these factors affecting your returns and mitigating them through appropriate strategies, such as diversification, hedging, or active management. You can use sources like news articles, expert opinions, and market research to identify and monitor these risks.
4. Based on your analysis and evaluation, formulate a portfolio strategy that suits your investment objectives, risk tolerance, and time horizon. This will help you allocate your funds across various asset classes, sectors, and regions, as well as choose the best investment vehicles, such as stocks, bonds, ETFs, or mutual funds, to execute your strategy. You can use platforms like Benzinga Pro, Yahoo Finance, or Morningstar to access relevant data and insights on different investments.