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I've seen too much news trying to spin the "Tesla raises $221MM" as a huge number. Sure, for most of us that hack away on web apps, $221 million is insanely hig
by eston 16y ago
I've seen too much news trying to spin the "Tesla raises $221MM" as a huge number. Sure, for most of us that hack away on web apps, $221 million is insanely high, but it's important to remember that Tesla's operating at a loss of nearly half a billion right now and is still losing money. The S is necessary to turn the cash flow around.