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Prius v ends US run, Rav4 hybrid took its sales
Toyota Prius V hybrid wagon ends U.S. run; RAV4 Hybrid took its sales
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Tesla is Going Out of Business, says former GM Vice Chairman.
11/17/2017: Tesla is 'going out of business,' says former GM exec Bob Lutz
Tesla is a "losing enterprise" that won't last, Bob Lutz, former vice chairman of General Motors, told CNBC on Friday.
"The company, folks, is going out of business. At this rate they'll never get to 2019," the well-known Tesla skeptic said in an interview with "Power Lunch."
Among the issues facing the electric-car maker are fixed costs that are out of control, an inefficient manufacturing operation and no dealership network, Lutz said.
Plus, there's nothing about Tesla (TSLA) that can't be easily duplicated by other automobile companies, he argued.
"There is no secret sauce in Tesla. They use the same lithium-ion batteries as...
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