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by correlator 454 days ago
As of December 31st, 2024, Tesla has around $17b in cash and cash equivalents, $122b in assets, and $49b in liabilities

It doesn't seem likely the government will have to bail them out.

1 comments

Musk has just appealed the rescinding of his $56B pay deal. Where would Tesla be were he to get a more favourable ruling this time?
The company would have more cash in the bank when he exercises those options.

They also wouldn't have to pay to create a new pay package to replace the voided one. This process is surprisingly expensive to create and implement a CEO pay package.

There were more reasons that shareholders voted for the package in the revote, but omitting others as I don't think they are related to financials