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by dragontamer
3003 days ago
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> The $230 million is trivial. They have ~$2.8-$3 billion in cash as of end of Q1. And they're losing $408 million per quarter, on the average. (a loss of 1,632,086 thousands of dollars in 2017, according to their 10K) At the current rate, Tesla is going to be forced to raise more capital within the next year. Tesla definitely can survive till 2019 by my math. They can probably survive longer than that if they cut costs. But once Tesla cuts costs, they stop R&D and other "luxury" projects. Cutting costs implies cutting growth. Tesla is still very much in the growth stage for some reason. They can't afford to cut costs yet. |
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Steady growth could work by that's make the company a boring "luxury car maker"... at the time scales investors look into.