It comes from Barclay's analysis (they are very bearish). Model 3 is not small volume luxury car as previous models. They are investing wast sums for large sc

It comes from Barclay's analysis (they are very bearish). Model 3 is not small volume luxury car as previous models. They are investing wast sums for large scale production. Burning trough vast amounts of cash is OK only as long as the production volume ramp up really happens in limited time frame and quality and recall numbers are similar to Audi 4A. Tesla must ramp up the production volume within a year or Tesla is financially in the ropes. If Tesla pays back debt $1000 for every car it sells. It must sell 4 million cars to pay this year's projected cash burn. Tesla made a bet that it can become large car manufacturer with Model 3, there will be no second changes.