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Because they’re cash flow negative and would eventually run out of runway without either a change in financials or raising a new round.
by koolba 8y ago
Because they’re cash flow negative and would eventually run out of runway without either a change in financials or raising a new round.
- dgudkov 8y agoSomeone else would certainly buy them. The brand is too good to let it vanish. So it's just a matter of price -- the more indebted is Tesla the more likely someone would buy it.
- dragontamer 8y agoTesla as a brand will certainly continue to exist. Alas: that's not what is being discussed. If Tesla were to enter bankruptcy, then it legally is no longer necessary to uphold its end of any bonds, payments, or other such financial issues. Tesla might go bankrupt in the next few years, if this Model 3 thing doesn't work out. At which point, it won't return any of the money from these reservations.