[Moonman62]

...The situation raises new questions about the viability of cash-strapped Tesla’s solar business.

...

Tesla isn’t cash strapped. They just raised new capital and they’ll be receiving a payment of two billion dollars from Fiat.

[blueplum]

the solar division :)

[DAC21]

“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/