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To: Moonman62

“Tesla isn’t cash strapped. They just raised new capital and they’ll 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.....

https://www.forbes.com/sites/jimcollins/2019/05/09/teslas-capital-raise-offered-no-real-benefit-to-the-company-or-its-suffering-shareholders/


6 posted on 05/16/2019 4:00:19 AM PDT by DAC21
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To: DAC21

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


8 posted on 05/16/2019 4:47:09 AM PDT by Moonman62 (Facts are racist.)
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To: DAC21

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/


9 posted on 05/16/2019 4:50:05 AM PDT by Moonman62 (Facts are racist.)
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