14 May '18, 3pm

Hahahaha.....You have got to be kidding...Right?????.....Is Tesla Now ‘Too Big To Fail’?

Hahahaha.....You have got to be kidding...Right?????.....Is Tesla Now ‘Too Big To Fail’?

Tesla employs more than 37,000 workers, and Morgan Stanley believes that figure is beginning to peg the automaker as “too big to fail.” Adam Jonas, Morgan Stanley’s analyst, drew comparisons to General Motors and Chrysler in a recent CNBC report. Ultimately, the United States government bailed out both automakers as they approached collapse due to their large workforces in the U.S. Without the bailout, significant job losses could have added to the global recession’s carnage. He noted the majority of Tesla’s workforce resides in the U.S. and said, “Rule of thumb on the economic multiplier says that one auto-related job can support as many as seven other jobs throughout the economy.” Tesla’s employee count is expected to rise to potentially 50,000 over the next two years. If Tesla were to ever reach the tipping point, its end could cost an enormous amount of jobs. And that’...

Full article: http://www.hybridcars.com/tesla-now-big-fail/

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