Tuesday, April 17, 2018

Tesla's Cash Crunch Will Intensify As Model 3 Production Shuts Down Again

To balance near-term cash burn, as I have said many times in my Forbes columns, Tesla needs to raise at least $2 billion this year. To balance long-term cash burn--Tesla’s 10-K notes contractual obligations of $19.845 billion for the years 2019-2022--is financially impossible.

from Forbes Real Time https://www.forbes.com/sites/jimcollins/2018/04/17/teslas-cash-crunch-will-intensify-as-model-3-production-shuts-down-again/
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