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Posted On: 12/26/2024 11:38:54 AM
Post# of 13181
Tesla and Apple at one time were considered to be on the verge of Bankruptcy
TODAY>>
TSLA MC> $1.43 Trillion
AAPL MC> $3.91 Trillion
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While neither Tesla nor Apple ever officially filed for bankruptcy, both companies were considered to be on the verge of bankruptcy at different points in their history: Apple faced near-bankruptcy in the late 1990s, while Tesla struggled financially in the early 2000s, particularly during the 2008 financial crisis, and required significant investment to stay afloat;.
Key points:
Apple:
During the late 1990s, Apple was considered close to bankruptcy due to financial difficulties, but was saved by a significant investment from Microsoft and the return of Steve Jobs as CEO.
Tesla:
Tesla faced major financial challenges in the early 2000s, particularly during the 2008 financial crisis, where CEO Elon Musk had to personally invest funds to keep the company afloat.
Icymi
TODAY>>
TSLA MC> $1.43 Trillion
AAPL MC> $3.91 Trillion
__________________________________________________
While neither Tesla nor Apple ever officially filed for bankruptcy, both companies were considered to be on the verge of bankruptcy at different points in their history: Apple faced near-bankruptcy in the late 1990s, while Tesla struggled financially in the early 2000s, particularly during the 2008 financial crisis, and required significant investment to stay afloat;.
Key points:
Apple:
During the late 1990s, Apple was considered close to bankruptcy due to financial difficulties, but was saved by a significant investment from Microsoft and the return of Steve Jobs as CEO.
Tesla:
Tesla faced major financial challenges in the early 2000s, particularly during the 2008 financial crisis, where CEO Elon Musk had to personally invest funds to keep the company afloat.
Quote:
Patience is Key Rome wasn't built in a day
Icymi
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Everything i post are my opinions only. DYODD
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