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>Or, he needs to fix this company to start losing less than $280 Million per quarter. That's... a serious, serious problem. The fix is to sell lots and lots of
by gozur88 11y ago
>Or, he needs to fix this company to start losing less than $280 Million per quarter. That's... a serious, serious problem.
The fix is to sell lots and lots of Model 3s.
In terms of raising money... 400,000 people put down a grand to reserve a Model 3. That alone covers the gap for 4-5 months and costs nothing.
- deleted 11y ago[deleted]
- dragontamer 11y agoYeah. Now Tesla needs to raise that amount of money repeatedly until they stop burning money (which probably won't happen until the Model 3 is released). I tend to think that this $400M or so that they got is a one-time thing. Its not like they can suddenly announce a Model 2 and get another $400 Million from the public.