Tesla may have just wowed the auto industry and the world again with the double debut of its Semi truck and second-generation Roadster, but not everyone is buying into the hype, specifically former General Motors VP Bob Lutz. Never one for keeping his opinions to himself, Lutz spoke to CNBC just after Elon Musk presentation and quickly put cold water on the entire Tesla business model. “The company, folks, is going out of business. At this rate they’ll never get to 2019,” Lutz said.
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