https://phys.org/news/2018-07-tesla-stock-skids-suppliers-refunds.html > The request raises more questions about Tesla's cash position. The 15-year-old company has never reported an annual profit. It is spending about $1 billion a quarter as it ramps up manufacturing of its Model 3 sedan. It had $2.7 billion in cash on hand at the end of the first quarter. > Tesla stock fell nearly 5 percent in early trading Monday. Explore further: Tesla raising cash in push to get Model 3 to masses