Guavaxf30
05-03

Ha! They don't have the cash. Tesla saw negative $1.5 billions cash outflow last quarter. And there will be more this coming quarter arising from all the recent actions of headcount reductions and shuttling down of operations like the Supercharger and the cancelling of the gigafactory.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • AlvaThompson
    05-07
    AlvaThompson
    It's clear that Tesla is facing some challenges with their cash flow.
  • henshengqi
    05-07
    henshengqi
    Could be a temporary setback.
  • WinfredBill
    05-07
    WinfredBill
    Stay optimistic!
Leave a comment
3