Elon Musk says don’t worry about Tesla’s burn rate—he might be right
In Summary : Tesla has had to raise billions of dollars to fund the development and manufacturing of its cars, batteries, and other techno...
https://updatesinfosec.blogspot.com/2018/05/elon-musk-says-dont-worry-about-teslas.html
In Summary :
Tesla has had to raise billions of dollars to fund the development and manufacturing of its cars, batteries, and other technology. At the end of 2017, Tesla had $9.4 billion in outstanding debt, requiring hundreds of millions of dollars in annual interest payments. With no profits in sight, pessimists worry that Tesla will find it difficult to raise still more money—money it may need to complete its production ramp-up of the Model [...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1301569
Tesla has had to raise billions of dollars to fund the development and manufacturing of its cars, batteries, and other technology. At the end of 2017, Tesla had $9.4 billion in outstanding debt, requiring hundreds of millions of dollars in annual interest payments. With no profits in sight, pessimists worry that Tesla will find it difficult to raise still more money—money it may need to complete its production ramp-up of the Model [...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1301569
