Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it's going to come from
4 monthes ago - By Chron
John Raoux/AP Images
Tesla has around $1 billion in debt coming due over the next six months, and right now it doesn't have the cash to cover it and keep its business running.
Analysts say Tesla should raise the cash by returning to public markets, but CEO Elon Musk has repeatedly said that is not an option.
So where's it going to come from? Optimists say Tesla could survive another close call using energy credits and some more financial engineering. Or it could turn a profit in Q4.
I probably don't need to tell you what the pessimists are saying.
Read more ...Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it's going to come from
4 monthes ago - By Business Insider
Tesla has around $1 billion in debt coming due over the next six months, and right now it doesn't have the cash to cover it and keep its business running.
Analysts say Tesla should raise the cash by returning to public markets, but CEO Elon Musk has repeatedly said that is not an option.
So where's it going to come from? Optimists say Tesla could survive another close call using energy credits and some more financial engineering. Or it could turn a profit in Q4.
I probably don't need to tell you what the pessimists are saying.
Also read: 70-hour weeks and 'WTF' emails: 42 employees reveal...
Read more ...Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it's going to come from
4 monthes ago - By Business Insider
Tesla has around $1 billion in debt coming due over the next six months, and right now it doesn't have the cash to cover it and keep its business running.
Analysts say Tesla should raise the cash by returning to public markets, but CEO Elon Musk has repeatedly said that is not an option.
So where's it going to come from? Optimists say Tesla could survive another close call using energy credits and some more financial engineering. Or it could turn a profit in Q4.
I probably don't need to tell you what the pessimists are saying.
Also read: 70-hour weeks and 'WTF' emails: 42 employees reveal...
Read more ...
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