The Risky Of Tesla
Author: Source: Datetime: 2016-10-03 15:56:54
While it is difficult to determine an exact figure for the financing Tesla needs to meet outside of the core vehicle manufacturing obligations, it is clear that the company's current financial situation and plans to launch 79,000 vehicles this year and generate an estimated $ 8.1 Billions of revenue will not approach cutting it.
Tesla recently in a regulatory document, which in the second quarter ended nearly 3.3 billion in cash, will be covered by the end of this year to indicate its financing needs. If conditions permit, Tesla said it would seek to raise additional funds by the end of this year, the undisclosed amount to support its highly anticipated type 3 market-related high up-front costs.
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