As a former restructuring and bankruptcy advisor at Lazard, I can recognize the signs of a company in distress. And it’s a pretty obvious tell that there’s financial trouble brewing when a company stops paying its bills.
Considering that Tesla & SpaceX have been dependent on government subsidies or selling carbon credits, they are not really a success in their own right.
Considering that Tesla & SpaceX have been dependent on government subsidies or selling carbon credits, they are not really a success in their own right.
Both have been propped up.