[ccorda]

Three months ago they were oversubscribed for their debt offering. It might cost a little higher rate, but if they need more money they can get it and they're not going bankrupt. The well isn't dry.

To put numbers on it, Tesla projects by end of next year to be producing 10,000 Model 3 a week at an average price of $42,500 with 25% gross margins. That is $106,250,000 per week in gross profits.

Over 50 weeks, that's 5.3B in gross profits and over 21B in revenue.

They have high SG&A relative to other automakers, but there will be plenty of cash flow to fund further ambitions and pay off the debt it took to get them there unless they're grossly overstating profitability, capacity, or demand.

[thisisit]

Producing is not same as profits, sure it can be considered assets in form of "finished goods" but not real profit until they sell all the cars.

[rcMgD2BwE72F]

What issues have been reported so far other than production bottlenecks?