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by adventured
2907 days ago
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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... |
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