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They also just laid off a ton of people, so maybe that burn rate is going to lower quite a bit.
by Danihan 9y ago
They also just laid off a ton of people, so maybe that burn rate is going to lower quite a bit.
- sf_rob 9y ago$400M a month would be equivalent to ~20k full time engineer's total compensation, so I doubt layoffs will put a serious dent in it.
- Danihan 9y agoGood point.
- greglindahl 9y agoThey laid off "a ton of people" but a small fraction of their workforce, not affecting their burn rate much. Watch out for those financial press headlines, Tesla is one of the most shorted stocks out there.