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Where will Musk get money to build another 2 Gigafactories? If one costs $5 billion, he would need a big round of new funding. Also Tesla as business is burning
by richardknop 9y ago
Where will Musk get money to build another 2 Gigafactories? If one costs $5 billion, he would need a big round of new funding. Also Tesla as business is burning through cash at a quick pace so that will need more cash to sustain itself as well. Do you think Tesla will need to raise / borrow another 10-15 billion?
- greglindahl 9y agoTSLA's market cap is a lot bigger than $5 billion, and they have a history of being able to raise money. If you want to bet against that, by all means, short the stock.
- richardknop 9y agoNow that interest rates are rising it might be more difficult to raise billions of dollars, especially after history of consistently underdelivering and over promising that Tesla has. That their losses have been growing and no signs of being profitable is also a problem.
- deleted 9y ago[deleted]