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Front page of NBCNews.com... "Severe cash crunch"...

Discussion in 'Tesla, Inc.' started by jeffro01, Aug 31, 2016.

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  1. jeffro01

    jeffro01 Active Member

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  2. mkspeedr

    mkspeedr Member

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    I think they re-use the same story every couple of months.
     
    • Informative x 1
  3. number12

    number12 Supporting Member

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    Easy fix. Announce 2.0 hardware later today. Use all those new deposit money to stabilize things. Seems reasonable to me.
     
  4. wilheldp

    wilheldp Member

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    Probably related to this...

    Tesla (TSLA) says it’s currently planning another round of financing for Model 3 and Gigafactory

    In a SEC filing today for proposed merger with SolarCity, the company confirmed the news:

    “Tesla is currently planning to raise additional funds by the end of this year, including through potential equity or debt offerings, subject to market conditions and recognizing that Tesla cannot be certain that additional funds would be available to it on favorable terms or at all.”
     
    • Informative x 1
  5. ecarfan

    ecarfan Well-Known Member

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    Elon stated recently that Tesla was considering a modest financing round for Model 3 and Gigafactory. No surprise there.
     

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