This is correct. To add TSLA took advantage of it's massive stock price rise to pad it's coffers with a number of stock offerings. They now have a warchest of

This is correct. To add TSLA took advantage of it's massive stock price rise to pad it's coffers with a number of stock offerings. They now have a warchest of billions of cash and cash equivalents (like BTC) that they can use to expand without going back to the public market for cash for a while. Especially with their cash flows looking a lot better now.