Every hour Tesla loses half a million dollars

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2017-11-23 19:00:05

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Every hour Tesla loses half a million dollars

Bloomberg that if it goes this pace, by the autumn of next year, the company won't have any money. Now Tesla spends about eight thousand dollars per minute, and per hour accumulates as many as 480 thousand. While investors are worried, while continuing to pour the company money, despite the fact that the situation is not corrected, and with the release of the Tesla Model 3.

While it is not so critical, because for a new car, the company asks the client for the money up front, although the machine itself, the buyer, judging by the queue, will receive not earlier than in a year and a half. In addition, the costs of developing new cars also affect the financial condition of the company. The release of the Tesla Roadster and the launch of the line trucks will also require additional and very serious effects.

Will Mask to survive the year or not — it will still need money. And quickly. By the middle of 2018 Tesla needs to attract about two billion — says analyst Kevin Tainan from Bloomberg Intelligence.

Tesla Now expects to release in March of five thousand Model 3, after which the company expects to receive good money from operating activities, but now the company has many loans, and many investors who invested in Tesla, suffer losses that could soon lead to the sale of shares of the company, and most of them have very Elon musk.

Objectively looks, and forecast investor Jim Chanos that at the recent summit suggested that due to the large credit load Tesla will not stand, and in the next few years the company will be a stock drop, as it just can't compete with other auto giants, a rapidly developing market for electric vehicles.

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