• Tesla's Cash Crunch Will Intensify As Model 3 Production Shuts Down Again

    8 days ago - By Forbes

    To balance near-term cash burn, as I have said many times in my Forbes columns, Tesla needs to raise at least $2 billion this year. To balance long-term cash burn-Tesla's 10-K notes contractual obligations of $19.845 billion for the years 2019-2022-is financially impossible.
    Read more ...

     

  • Tesla has suspended Model 3 production . . . again

    8 days ago - By Fast Company

    The company has suspended production of its Model 3 sedan for the second time in two months, reports Bloomberg. The suspension is expected to last four to five days with Tesla employees expected to use vacation days or simply stay at home with no pay. The suspension of the Model 3 comes just after Elon...
    Read more ...

     

  • Tesla fires back against claims it undercounts factory injuries as Model 3 production is halted

    Tesla fires back against claims it undercounts factory injuries as Model 3 production is halted

    8 days ago - By Venture Beat

    Tesla may not be in the roller coaster business, but its recent ups and downs are starting to feel like the company is strapped into one. The latest turn of the corkscrew came in a blistering statement issued by Tesla that goes beyond denying claims that it was undercounting injuries by slamming the published report as an “ideologically motiv...
    Read more ...