“Tesla isnt cash strapped. They just raised new capital and theyll be receiving a payment of two billion dollars from Fiat”
That money won’t last long, Forbes puts it into perspective. The Fiat deal is in the hundreds of millions, I have not seen the two billion you mentioned anywhere. Tesla has a burn rate of over half a billion a quarter.....
Tesla’s Debt And Cash Flow Issues Are Overblown - Tesla, Inc.
Tesla’s cash flow from operations has been quite volatile over the prior three years which is to be expected. The company has lost as much as $639M (current March 31, 2019, quarter ended) and has generated as much as $1.93 billion in Q3 2018.
https://seekingalpha.com/article/4264392-teslas-debt-cash-flow-issues-overblown
We recently learned that Tesla and Fiat-Chrysler (FCA) reached a deal to pool their fleet together in Europe for the purpose of the latter avoiding emission requirement fines.
It was first reported to be worth a few hundred million dollars, but FCA now says that it will pay Tesla up to $2 billion for the emission credits.
https://electrek.co/2019/05/07/tesla-tsla-2-billion-fiat-chrysler-emission-standards/