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by LewisVerstappen 941 days ago
That’s not a fact, you just made that up and it’s pretty obviously false if you look at their cash flow statement and how much cash they got from the new roadster.

Tesla trades at an insanely inflated multiple compared to other car manufacturers. It’s pretty clear they’ve had no difficulty raising money.

1 comments

6 years ago, Tesla needed cash. Musk himself has said that the company was less than a month from bankruptcy at the time.

$250M in deposits made a difference-- both directly and in their ability to access other capital.