Tesla headed for the graveyard: Former General Motors Exec

Former General Motors Vice Chairman Bob Lutz, in an interview with CNBC, said that Tesla is "an automobile company that is headed for the graveyard." "They will never make money on the Model 3," he added. "He's got 9,000 people in that assembly plant producing less than 150,000 cars a year. The whole thing just doesn't compute," he further said.