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Look at cash flow and you'll see a story different from the casual media reports. Over $600mm in positive operating cash flow net of cap-ex in the last quarter
by mediaman 7y ago
Look at cash flow and you'll see a story different from the casual media reports.
Over $600mm in positive operating cash flow net of cap-ex in the last quarter. Over $1.3bn in positive operating cash flow net of cap-ex over the last four quarters.
Currently they have $4.9 billion in cash and another 1.1 billion in short term receivables. And accounts payable balance has actually been paid down over the last four quarters.
I don't own any but a lot of the financial journalism on tsla seems a little lazy.