Fred Lambert:

“As it is presently, no. As they say, “Socialism is great until they run out of other people’s money.” Tesla burns cash. It’s not a car company, it’s a cult of fanatics who think Elon Musk can do no wrong. But financially, it doesn’t work.”
 It’s not the first time he’s made similar comments about Tesla’s financial situation and I already addressed those in my last piece on his comments about Tesla.