31
How much cash Tesla needs is the $10 billion riddle no one can answer

How much cash Tesla needs is the $10 billion riddle no one can answer

6 years ago
Anonymous $qrGo_Xv_Cm

https://www.cnbc.com/2018/06/05/how-much-cash-tesla-needs-is-the-10-billion-riddle-no-one-can-answer.html

How much money Tesla will need — and how hard it will be to get it — are critical questions for investors in the electric-car company with a stock valuation that a majority of Wall Street analysts already think is stretched. But as Tesla stockholders weigh several big questions at its annual shareholder meeting on Tuesday, the cash-crunch scenario is one that defies an easy answer.

If investors take founder and CEO Elon Musk at his word, Tesla has no current need or plan to raise capital. Wall Street analysts, though, peg Tesla's cash needs in line with their view of the car maker's ability to meet Model 3 production goals. That results in a wide range of estimates for cash that will be required — from as little as $2 billion to as high as $10 billion over the next few years.

How much cash Tesla needs is the $10 billion riddle no one can answer

Jun 5, 2018, 7:32pm UTC
https://www.cnbc.com/2018/06/05/how-much-cash-tesla-needs-is-the-10-billion-riddle-no-one-can-answer.html > How much money Tesla will need — and how hard it will be to get it — are critical questions for investors in the electric-car company with a stock valuation that a majority of Wall Street analysts already think is stretched. But as Tesla stockholders weigh several big questions at its annual shareholder meeting on Tuesday, the cash-crunch scenario is one that defies an easy answer. > If investors take founder and CEO Elon Musk at his word, Tesla has no current need or plan to raise capital. Wall Street analysts, though, peg Tesla's cash needs in line with their view of the car maker's ability to meet Model 3 production goals. That results in a wide range of estimates for cash that will be required — from as little as $2 billion to as high as $10 billion over the next few years.