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by jonknee 2906 days ago
By issuing the debt and new shares that Elon swears he's not going to do.
1 comments

You're misconstruing what Musk actually said. He said they're not going to need to issue / raise in 2018. They're not going to begin building a factory in China this year and won't need financing for it in the next five or six months.

Edit: for the anti-Tesla downvoters -

"CEO Elon Musk has said that Tesla wouldn't require new funding in 2018, in either equity or debt. On a call with investors, in response a question from Morgan Stanley analyst Adam Jonas, Musk said that when it comes to raising new money, "I specifically don't want to." "

http://www.businessinsider.com/elon-musk-on-raising-more-mon...

The year doesn't matter, I have full confidence he'll keep saying they don't need to raise money right up until the day they raise money.