Fact Checking
Well-Known Member
^This 100%. And in my opinion (which I know is unpopular here) a lot of the drama we are seeing recently is all related to Tesla, err Musk's decision that he wants Tesla to be self funding from here on out vs raising additional capital.
Sorry, but this is false.
Tesla had two recent rounds of investment where they successfully raised cash:
- The first one was called 'the third quarter of Q3', and Tesla raised $831m of cash, and managed to do it without diluting existing shareholders. This was one of their largest cash raising rounds!
- Then the second one was called 'the fourth quarter of 2018', during which Tesla raised $880m of cash, a new record!
- The next scheduled cash raising round will end in two weeks, it's called "the first quarter of 2019". Expected cash results will be around $500m-$700m, but with a lot of cash-equivalent cars in transit to customers.
- There will be four more rounds of Tesla cash raising rounds in 2019 alone!
- In 2020 Tesla expects another four rounds of cash raising events.
- Stay tuned!
So the fact is, Tesla is raising additional capital just fine, and each of the recent rounds was non-dilutive!
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