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I know Musk likes to take risks and push his companies and employees to the brink, but given the massive demand for the model 3, Tesla stock price, and 1.8 bill
by fullshark 9y ago
I know Musk likes to take risks and push his companies and employees to the brink, but given the massive demand for the model 3, Tesla stock price, and 1.8 billion funding they just got, it seems like they can afford to create better working conditions for their workers.
- valuearb 9y agoYou mean the massive 18 weeks of funding they got for their capital needs?
- simonbarker87 9y agoThey don't lose $180m per week though, do they? They have income to offset a portion of their capex? Or did I misinterpret the article?
- 101km 9y agoTesla has been spending an average of $100 million a week on capital expenses, mostly to manufacture the Model 3, according to chief financial officer Deepak Ahuja.
- ww520 9y agoIncome requires vehicle delivery.
- chillydawg 9y agoNot with pre-orders.
- valuearb 9y agoPre-orders only have tiny deposits, and can't be booked as revenue until delivery.
- simonbarker87 9y agoModel S and Model X are being delivered...?
- valuearb 9y agoThese capital costs are mostly from Model 3, which for the most part isn't yet.