Quote:
Originally Posted by crockett
Hes not making a profit on them as it is, so he can't drop costs. Musk made a mistake of claiming he'd make a profit this year. There are lots of companies that fail to turn profits for years, but he made the mistake of saying hedge do it this year.
The only thing that matters is.. Does Telsa have money to keep oppositions going and pushing forward? The answer is yes, so Telsa isn't going anywhere.
However Musk gave the haters some free ammunition.
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word on the street today is analysts say tsla will need to raise 10B+ by 2020.
after their history and that last investor's call where Musk snapped at analysts, combined with their debt.........many say it won't be easy. maybe impossible
it's a good article I linked, 7 pages. worthy of a full read.