Hidden Forces

Tesla Bankruptcy: Has the Road to Profitability Closed for Good? | Charley Grant

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Sinopsis

In Episode 38 of Hidden Forces, Demetri Kofinas speaks with Charley Grant about whether or not Tesla can avoid an inexorable spiral towards bankruptcy. Tesla is a kind of wonderchild. It entered the stage in the summer of 2003 with the aim of accelerating the arrival and adoption of electric vehicles. The company was founded by several Silicon Valley luminaries, most notably Elon Musk. Since its founding more than fifteen years ago, the company has transformed the way the world thinks about energy and electric cars. Despite the fact that electric vehicles have yet to see widespread adoption, they have become surrounded by a level of fanfare that is enjoyed by few other innovations. Yet, the road ahead of Tesla is becoming increasingly uncertain and difficult to navigate. The availability of cheap financing is showing signs of tightening amid an environment of rising interest rates. This has put a strain on companies like Tesla, which have relied heavily on credit markets to support their cash-intensive busine