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Their continued existence is something I've question (for a multitude of reasons).. Though, I don't know if I'm more inclined to believe it just because Luts says/thinks it.
I think many people have looked at their model holistically and thought the same and I've seen shell game accusations on more than one occasion to where they're intentionally running some areas at a loss to funnel money to other areas that are harder to fund or just trying to qualify for various things based on their -flow.
Musk is great at "Wow" level showman ship.. And has succeeded in plenty of areas, but that doesn't mean they always will or won't simply be too slow to market and get beat by others with a more evolved deployment cycle and ability.
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