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"They have enough cash for operations and investments" I dont think they do; I dont think they have enough to finance producing 10 million cars a year with the
by autokad 6y ago
"They have enough cash for operations and investments"
I dont think they do; I dont think they have enough to finance producing 10 million cars a year with the money they have on hand + selling their current cars. Eventually they will have to either tap the debt markets or issue more stock.
maybe their price will be significantly higher later, maybe it wont be - thats up for them to decide. But it makes sense people are suggesting it