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Based on the burn rate as of 2018Q2 (~$720 million per quarter), they should already be bankrupt. https://ir.tesla.com/static-files/7235e525-db16-470c-8dce-9ec

• gamblor956 7y ago
  Context matters, as does reading comprehension. $200m/month = $600m/quarter...after 3 rounds of expense cutting. That's $200m/month in net losses during a purely operational stage. It doesn't even include the costs of a planned Model Y launch or self-driving network.
  • omgwtfbyobbq 7y ago
    Speaking of reading comprehension, of the $600 million/quarter you're referencing, nearly $200 million was from non-recurring items. >In Q1, we experienced non-recurring items that negatively impacted our net loss by $188 million. https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-050eb29dd42f https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-05... The drop in S/X deliveries from the updates to their production lines, discontinuation of the 75kWh pack, and the pull-forward from Q4 of last year due to the reduction in the US tax credit also reduced profits by ~$300-400 million. Like I said, a single data point doesn't make a trend.