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They 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?
by simonbarker87 9y ago
They 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.