I think the Q1 financials will help us in this regard. In particular the $900 million in convertible debt due in February will move to current liabilities and I think working capital may approach negative $2 billion. If it is anywhere close to that, it is difficult to see how they avoid raising funds.The only one I've seen in any detail is Moody's. They are raising the possibility of Tesla not having enough money from operations to cover debt coming do and expenses, they are not saying that is a certain outcome. I would be surprised if the the other 3 do not say the same thing. I agree with any of them (probably all of them) that say it is a possibility but not a certainty. As you can see in my post above, I estimate that possibility at 15%.