[dragontamer]

Tesla had to pay back a $920 Million loan this past quarter, and these numbers suggest that Tesla probably lost money in Q1 (30% fewer deliveries).

So you're looking at a company that just lost, $1+ Billion in one quarter. Tesla had $3 Billion in cash about half-a-year ago, but that's a LOT of its warchest that just evaporated.

Tesla seems to have screwed itself over: the Model Y hype may be destroying the Model 3 demand. The Model 3 is a sedan, and sedans are selling very, very poorly in the USA (across the board: Ford and GM have eradicated their sedan lines). Tesla should have worked on and released the Y first into the lucrative SUV market... but I guess no one can blame them for failing to have a crystal ball.

The drop in demand is very worrying for sure. Tesla is supposed to be a growth company, and a 30% drop in deliveries is anything but growth.